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Business Developments & Projects

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McAsphalt-Greenship
Business Developments & Projects

McAsphalt orders dual-fuel bitumen tanker at Wuhu Shipyard

At the end of April 2021, Canada’s largest bitumen industry dealer McAsphalt and China’s Wuhu Shipyard signed a contract for one plus one 12,000DWT/11,700m³ bitumen designed by FKAB Marine Design.

about 5 years ago
Vancouver Maritime Centre for Climate launches decarbonization initiative
Business Developments & Projects

Vancouver Maritime Centre for Climate launches decarbonization initiative

In the wake of its recent official opening, the Vancouver Maritime Centre for Climate (VMCC) has opened and launched Operation Flagship, to address climate change and reduce carbon footprint of shipping companies.

about 5 years ago
Electra2800-tug
Business Developments & Projects

One of world’s greenest tug construction programs kicks off

HaiSea Marine, a joint venture partnership between the Haisla First Nation and Seaspan ULC, has announced the official start of its new battery-powered and low emissions tugboat build program.

about 5 years ago
Kraken receives sonar order from mystery client
Business Developments & Projects

Kraken receives sonar order from mystery client

Canadian Kraken Robotics has received an order for the AquaPix sonar from an American autonomous underwater vehicle (AUV) manufacturer. The 3,000-meter rated AquaPix MINSAS 120 Synthetic Aperture Sonar is expected to be delivered to the client this year. Kraken did not reveal the name of the client

about 5 years ago
BC Ferries
Business Developments & Projects

BC Ferries’ 3rd hybrid-electric ferry starts voyage to B.C.

BC Ferries’ third Island-class hybrid-electric ferry is now on its way to British Columbia after it departed Damen Shipyards Galati in Romania on 19 May.

about 5 years ago
Hibernia platform
Business Developments & Projects

Hibernia platform: Investigation launched after near-miss incident

A near-miss incident with the potential for fatality has happened on the HMDC-operated Hibernia platform offshore Canada.

about 5 years ago
Pacific Khamsin rig
Business Developments & Projects

U.S. weekly offshore rig count up to 15

The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday report by Baker Hughes.

about 5 years ago
Kraken Robotics expects 100% revenue growth in 2021
Business Developments & Projects

Kraken Robotics expects 100% revenue growth in 2021

Canadian Kraken Robotics is expecting a revenue of $24 million to $28 million for the year ending on 31 December 2021, which would represent a more than 100% growth compared to $12.3 million in 2020. The growth is due to recent contract wins for KATFISH 180 towed sonars, as well as ALARS for the Dan

about 5 years ago
An aerial photo of Saitec's SATH floating wind turbine platform
Business Developments & Projects

Canada backs project powering oil & gas assets with floating wind

Canadian government has awarded funding to several projects that could help reduce greenhouse gas emissions from Newfoundland and Labrador’s offshore oil & gas operations, including a project using floating wind turbines to power oil & gas assets. The project, being developed by floating wind techno

about 5 years ago
Transocean Barents rig
Business Developments & Projects

Transocean and Suncor fined over offshore fluid spill

Canadian offshore petroleum regulator has fined Suncor Energy and Transocean over an unauthorized fluid discharge from a rig back in 2018.

about 5 years ago
Woodfibre inks new 15-year LNG deal with BP
Business Developments & Projects

Woodfibre inks new 15-year LNG deal with BP

Woodfibre LNG has taken another step forward with the signing of a new sale and purchase agreement with BP.

about 5 years ago
Petronas sells first LNG cargo at AECO-linked price
Business Developments & Projects

Petronas sells first LNG cargo at AECO-linked price

Malaysia’s LNG giant Petronas has introduced the Canada Alberta Energy Company (AECO) index as a new LNG price indexation following the sale of a spot LNG cargo for August 2021 delivery.

about 5 years ago
Jordan Cove LNG export project paused
Business Developments & Projects

Jordan Cove LNG export project on pause

Canadian energy infrastructure company Pembina Pipeline has paused the development of its proposed Jordan Cove LNG export plant in Oregon, USA.

about 5 years ago
BC Ferries
Business Developments & Projects

Video: Damen launches BC Ferries’ final hybrid-electric ship

Canadian ferry operator BC Ferries has marked Earth Day on 22 April with the launch of its sixth battery electric- hybrid Island-class ferry.

about 5 years ago
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