Business Developments & Projects
Maersk, MSC call it quits on 2M alliance
Container shipping giants MSC Mediterranean Shipping Company (MSC) and Maersk A/S, an entity under A.P. Moller – Maersk, have agreed to terminate the 2M alliance, effective in January 2025. 2M is a container shipping line vessel sharing agreement (VSA) signed by the duo in 2015 with the aim of ensur
UK-headquartered NDT inspections specialist eyes new markets
UK-headquartered NDT inspections specialist TSC Subsea has revealed plans to expand to new markets in the Middle East, Africa and South East Asia. The strategic growth plans are said to follow on from one of TSC Subsea’s most successful years to date in which the company established new bases in Bra
Equinor to tackle nonconformity on Norwegian Sea platform
Regulator has conducted an audit of Equinor’s follow-up on the maintenance of concrete structures and tension legs on a platform off Norway.
MSC linked to massive order for 10 LNG-powered boxships
Geneva-based container shipping major MSC has reportedly returned to yards with a mammoth order comprising ten LNG-fuelled boxships. Shipbrokers say that the order involves Neopanamax vessels (11,400 TEU) and that the company is paying around $120 million per vessel. Chinese shipbuilder Zhoushan Cha
AURELIA, partners create a blueprint for green retrofitting of a Newcastlemax bulker
Dutch ship design company AURELIA, has joined forces with naval architecture designer NEPA SHIPPING, and ALOFT SYSTEMS, experts in sails and weather routing, on a green retrofitting project involving a 205,000 dwt bulk carrier. The project set out to demonstrate how a combination of innovative solut
Tender seeks survey services for France-UK electricity links
French transmission system operator (TSO) Réseau de Transport d’Electricité (RTE) has issued a tender seeking a provider of a survey campaign for two interconnector projects. As part of the awarded framework contract, the selected party will be in charge of carrying out maintenance survey work along
UK consortium to develop sustainable engine solutions for retrofit projects
UK consortium, including engineering company MAHLE Powertrain and the Royal National Lifeboat Institution, has launched a project to develop sustainable propulsion solutions for retrofit to high-performance marine vessels where batteries and other electrified technologies may not prove practical.
New task lined up for KCA Deutag to address nonconformities on rig
Norwegian regulator has carried out an audit of KCA Deutag and its management of the working environment on a rig working for Equinor.
PIL turns to LR for fleet emission reduction
Singapore-based Pacific International Lines (PIL) has partnered with Lloyd’s Register’s fleet optimisation experts, i4 Insight, to help it reduce emissions and maximise fleet performance with a four-year fleet-wide agreement. PIL recently opened a ‘Centre for Maritime Efficiency (CME) which is power
First offshore wind project announced for Bulgaria to use floating wind tech and power gas platform
France-based floating wind technology developer, Eolink, and 15 European renewable energy partners have launched an EU-backed project named Black sea fLoating Offshore Wind (BLOW). The project aims to install a 5 MW floating wind turbine offshore Bulgaria and link it to a gas platform in the Black S
Hapag-Lloyd, Mabanaft to explore supply of ammonia as bunker fuel
German container shipping company Hapag-Lloyd has signed a Memorandum of Understanding (MoU) with compatriot energy company Mabanaft to explore options for the supply of ammonia as bunker fuel to Hapag-Lloyd in and around the Port of Hamburg, Germany and also the Port of Houston, Texas, USA.
New research spotlights opportunities for UK’s offshore energy supply chain
Seven near-term projects in the UK are set to require 30 new wells and 194 kilometers of pipeline, with vessel and rig owners to be especially in demand, according to the research conducted by the North Sea Transition Authority and Global Underwater Hub.
Norsepower inks rotor sail retrofit deal with Socatra
Wind propulsion systems developer Norsepower Oy has signed a contract with French ship owner and operator Socatra for the retrofit installation of two rotor sails on the medium range tanker Alcyone. The 50,000 dwt, 2022-built, French flag tanker, chartered by global energy company TotalEnergies, wil
Strohm plans recruitment drive as it completes plant expansion
Netherlands-based thermoplastic composite pipe (TCP) producer Strohm has completed its plant expansion, tripling the capacity for production to 140 kilometers of normalized pipe per annum. The expansion is said to be the biggest capital investment Strohm has undertaken since originally setting up th