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Business Developments & Projects

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Norwegian company reserves spot at new hydrogen hub at Porto do Açu
Business Developments & Projects

Norwegian company reserves spot at new hydrogen hub at Porto do Açu

Porto do Açu and Fuella signed the first area reservation contract for the newly licensed low-carbon hydrogen hub at the port complex.

about 2 years ago
Cables for New York's largest clean energy project cross US-Canada border
Business Developments & Projects

Cables for New York’s largest clean energy project cross US-Canada border

The high-voltage direct current (HVDC) underwater and underground power cable project that will connect the Canadian border and New York has celebrated another construction milestone as cables have been floated across the U.S.-Canadian border marking the official start of marine installation work in

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about 2 years ago
MPA Singapore
Business Developments & Projects

New alliance to bolster maritime’s capacity in carbon accounting

The Maritime and Port Authority of Singapore (MPA) and the UN Global Compact Network Singapore (GCNS) have signed a memorandum of understanding (MoU) to help strengthen the maritime industry’s capacity in carbon accounting and management.

about 2 years ago
KR: Low-carbon sailing ship ready to serve Marshall Islands
Business Developments & Projects

KR: Low-carbon sailing ship ready to serve Marshall Islands

Low-carbon sailing ship SV Juren Ae, built under KR class at Asia Shipbuilding in South Korea, has been delivered to MISC.

about 2 years ago
A 170,000 cubic meter LNG FSRU built by HD Hyundai Heavy Industries and delivered in 2020 (for illustration purposes); Source: HD Hyundai Marine Solutions
Business Developments & Projects

2004-built vessel getting new lease on life as LNG FSU in Central America after European firm taps Korean shipbuilder for retrofit

HD Hyundai’s marine solutions arm has been hired by a European shipping player to undertake its first conversion of an LNG carrier into an LNG FSU.

about 2 years ago
Noble Deliverer semi-sub rig; Source: Noble
Business Developments & Projects

Transocean, Valaris, Noble, Seadrill, and Diamond Offshore rigs’ drilling game lifts total backlog to $21.8 billion

Five rig-owning titans – Transocean, Valaris, Noble, Seadrill, and Diamond Offshore -which are seen as the crème de la crème of the offshore drilling contractors, have managed to increase their combined total backlog to a whopping $21.8 billion.

17 minutes read
Yang Ming
Business Developments & Projects

Yang Ming on track to have energy-efficient fleet

Despite prolonged disruptions in the container shipping industry, Taiwanese shipping company Yang Ming has reported a profitable second quarter of 2024 and unveiled further ship acquisitions to meet its emission reduction targets.

about 2 years ago
Navigator
Business Developments & Projects

Navigator Gas enters up to $147.6 million credit deal

Navigator Gas has entered into a secured term loan and revolving credit facility with Credit Agricole Corporate and Investment Bank, ING Bank and Skandinaviska Enskilda Banken.

about 2 years ago
James Carnegie (Viper Innovations), Phil Reid (J+S Subsea) and Richard Knox (Verlume).
Business Developments & Projects

UK-made subsea battery systems hit the water offshore Canada

Three UK companies have deployed three subsea battery-powered control systems offshore Canada that are said to maintain the integrity of the subsea electrical infrastructure when topside electrical power is unavailable.

about 2 years ago
LNG plant by the seaside at sunset
Business Developments & Projects

More Indonesian gas booked: Pertamina to supply compatriot player with LNG for five more years

Pertamina’s subsidiary PGN has penned two documents related to the sale of LNG with Indonesian firm Donggi-Senoro LNG (DS LNG).

about 2 years ago
Two milestones in for European JV at Senegalese links
Business Developments & Projects

Two milestones in for European JV at Senegalese links

The UK-Belgium joint venture established last year has begun offshore operations and has already passed milestones for a project in Senegal that is part of a program that aims to revolutionize the country’s power infrastructure and provide sustainable electricity to millions of people. Under a $200

about 2 years ago
Woodfibre LNG
Business Developments & Projects

Canada’s $5.1 billion gas project embarks on blasting ops to make room for world’s first net zero LNG export terminal

An LNG project has kicked off blasting activities to lay the groundwork for the future installation of the planned export terminal in Canada.

about 2 years ago
Seatrium seeks to advance green offshore energy solutions through new partnership
Business Developments & Projects

Seatrium seeks to advance green offshore energy solutions through new partnership

Seatrium partnered with Nanyang Technological University to advance green and sustainable solutions in the offshore and marine (O&M) sector.

about 2 years ago
Several vessels and rigs located next to a shipyard in a sea strait
Business Developments & Projects

WATCH: One bridge section for Aker BP’s North Sea platform done, four more left

Nymo has completed the first of five bridge sections it is building for a North Sea project being developed by Aker BP.

about 2 years ago