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Business Developments & Projects

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RMC delivers LNG-powered Spirit of Tasmania IV to TT-Line
Business Developments & Projects

RMC delivers LNG-powered Spirit of Tasmania IV to TT-Line

Finnish shipbuilder Rauma Marine Constructions (RMC) has delivered Spirit of Tasmania IV, an LNG-powered car and passenger (RoPax) ferry, to Tasmanian TT-Line Company.

about 2 years ago
Structural twin for FPSO can unlock multimillion dollar savings for offshore energy production; Source: Akselos
Business Developments & Projects

FPSO structural twin enabling assets’ life extension and multimillion-dollar savings for oil & gas operators

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Akselos has unveiled its structural performance management (SPM) software designed to enhance asset performance, ensure uninterrupted operations, and extend the asset life of floating production, storage, and offloading (FPSO) vessels.

about 2 years ago
Illustration; Source: Nexans
Business Developments & Projects

Nexans sets aside €90 million to support European offshore wind growth

Nexans, a French manufacturer of subsea power cables, has unveiled a €90 million investment to build new and upgrade existing facilities to support the growth of offshore wind in Europe. The investment will begin in 2025 and run through 2026 when the work is planned to be completed. The funding will

about 2 years ago
Four persons with flashlights inspecting the interior of a metal construction
Business Developments & Projects

Eight new LNG carriers to feature French firm’s tanks

France’s technological containment specialist Gaztransport & Technigaz (GTT) has been hired by two Korean shipyards to design tanks for two sets of four new liquefied natural gas carriers (LNGCs) on behalf of an undisclosed shipowner.

about 2 years ago
An illustration showing two onshore plants
Business Developments & Projects

New offtake deal takes Texas LNG project to FID-ready stage

Texas LNG, a subsidiary of Glenfarne Energy Transition has signed another heads of agreement (HOA) for a long-term supply of liquefied natural gas (LNG) from its proposed facility in Texas’ Port of Brownsville. Thanks to the latest agreement, the developer says it has the customer offtake commitment

about 2 years ago
Crown LNG plans to utilize gravity-based structures for LNG regasification and liquefaction facilities; Source: Crown LNG
Business Developments & Projects

Crown on the lookout for new LNG opportunities but postpones sanctioning of FSRU project in UK

Crown LNG has bumped to next year the final investment decision (FID) for its planned and fully owned floating liquefied natural gas (FLNG) import terminal in Scotland’s Firth of Forth.

about 2 years ago
A man in blue shirt working on a wave energy converter
Business Developments & Projects

Dutch wave energy converter step closer to multi-week testing

The Hague-based Wave Energy Collective (Weco) has completed testing of its wave energy converter (WEC) at the 24/7 Waves facility, clearing the path for further multi-week tests. At the 24/7 Wave facility, Weco said its WEC had generated electricity from 70 cm waves. “The test will help us prepare f

about 2 years ago
New industry platform zeroes in on clean maritime fuels uptake in Europe
Business Developments & Projects

New industry platform zeroes in on clean maritime fuels uptake in Europe

Maritime associations and interest groups including ECSA, FuelsEurope, eFuel Alliance, EWABA, HydrogenEurope, and Methanol Institute have established a new Clean Maritime Fuels Platform, an industry initiative aiming to enhance communication between the shipping sector and fuel producers. Representa

about 2 years ago
DEME CVOW Export cable
Business Developments & Projects

DEME starts installing export cable for 2.6 GW US offshore wind project

DEME Group has laid the first export cable for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project, while also reaching a milestone by installing the 70th monopile foundation at the site off Virginia Beach in the U.S. As previously reported, Dominion Energy selected the consortium

about 2 years ago
An illustration of an LNG vessel next to a pier
Business Developments & Projects

Headwinds push Florida LNG project completion back five years to decade’s end

The United States Federal Energy Regulatory Commission (FERC) has granted Eagle LNG Partners, a Texas-based energy player, an extension of the deadline to finish the construction of the proposed small-scale liquefied natural gas (LNG) facility in Jacksonville, Florida.

about 2 years ago
Safe Concordia; Source: Prosafe
Business Developments & Projects

Flotel’s lengthened stay in Gulf of Mexico brings millions of dollars to Prosafe

Prosafe has won a charter extension with an undisclosed company for one of its semi-submersible vessels that will continue working in the U.S. Gulf of Mexico.

about 2 years ago
GSI kicks off construction of EPS’ LNG dual-fuel LRII tankers
Business Developments & Projects

GSI kicks off construction of EPS’ LNG dual-fuel LRII tankers

Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation (CSSC), has started the construction of the first LNG dual-fuel LRII tanker for Singapore-based ship management company Eastern Pacific Shipping (EPS). The construction of the 111,000 dwt tanker began on

about 2 years ago
LNG carrier; Source: ABB
Business Developments & Projects

Swiss firm to kit out QatarEnergy’s 15 LNG vessels with permanent magnet shaft generator tech

ABB has been tasked with providing permanent magnet shaft generator technology to power 15 liquified natural gas (LNG) carriers, which South Korea’s Samsung Heavy Industries (SHI) will build for work with QatarEnergy.

about 2 years ago
Nordsol and Attero open new bio-LNG production plant for maritime industry
Business Developments & Projects

Nordsol and Attero open new bio-LNG production plant for maritime industry

Dutch companies Nordsol and Attero have officially opened their new bio-LNG production plant for the maritime industry, FirstBio2Shipping, in Wilp, the Netherlands. Less than two years after reaching the final investment decision (FID), the partners held the opening ceremony for the new plant on Sep

about 2 years ago