Business Developments & Projects
Final battery order placed for tide-turning FORWARD2030 project
Engie’s Laborelec has placed the final order for a storage solution to Entech Smart Energies as part of the FORWARD2030 project, whose aim is to develop a multi-vector energy system and further advance floating tidal energy technology.
Switching station for Shetland HVDC link taking final shape (Video)
The construction of the main building exterior of the new switching station for the Shetland HVDC Link has been completed. The next step includes Hitachi Energy installing its equipment. The Noss Head Switching Station will house the electrical components used in the Shetland HVDC link, which will a
Nordic Shipholding’s voluntary liquidation set in motion
Denmark-based shipowner Nordic Shipholding is moving forward with a voluntary liquidation process. The company informed earlier today that following an extraordinary general meeting held on December 23, the board of directors passed a proposal to liquidate the company by voluntary solvent liquidatio
Germany allocates €62 million for construction of three LNG bunkering ships
Germany’s Federal Ministry of Economics and Climate Protection (BMWK) has decided to fund the construction of three LNG bunkering ships with a total of around €62 million. The three ships, each with a capacity of 4,500 cubic metres, will be constructed by shipbuilder Flensburger Schiffbau-Gesellscha
TotalEnergies to market regasification capacity in its French-based FSRU
TotalEnergies affiliate TotalEnergies LNG Services France (TELSF) is set to launch a campaign in January 2023 to market regasification capacity in its floating storage and regasification unit (FSRU) in Le Havre, France, from September 2023. TELSF said it is working on the installation of a new LNG i
Kanfer teams up with CB Fenton to create LNG bunkering hub in Panama
CB Fenton, part of Ultramar (Chile), and Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping have signed a Memorandum of Understanding with the aim of establishing a hub for LNG bunkering and small-scale LNG distribution in/out of Panama. The duo is now seeking a
Minimum 200 days of work for Normand Maximus next year
Solstad Offshore has received Letters of Award from subsea contractors for the construction support vessel (CSV) Normand Maximus that combined have a duration of minimum 200 days. The Norwegian company reported on 23 December that Normand Maximus had received Letters of Award from various undisclose
Minesto sets up O&M hub with port access for large-scale tidal power buildout
Swedish tidal energy company Minesto has signed a long-term lease agreement for strategic port access and onshore operations and maintenance (O&M) work site in the Faroe Islands.
Seadrill enters $958 million deal to acquire Aquadrill
Offshore drilling contractor Seadrill has entered into an agreement to acquire Aquadrill, formerly known as Seadrill Partners, in an all-stock transaction that values the UK firm at $958 million. Following completion, Seadrill shareholders and Aquadrill unitholders will respectively own 62 per cent
Erik Thun’s Baltic Crystal makes a splash at Ferus Smit
Swedish shipping company Erik Thun Group marked a launching and naming ceremony for a multi-purpose dry cargo vessel ‘Baltic Crystal’ at Shipyard Ferus Smit B.V. in Westerbroek, Netherlands. The vessel was named by its Godmother Mira Olausson. Baltic Crystal is a sister vessel of Nordic Crystal, whi
Transitus partners with Proteum to produce hydrogen
Proteum Energy and Transitus Energy have signed a Letter of Intent (LOI) to explore joint development opportunities in the UK, Netherlands, Republic of Ireland, and Norway to produce low-carbon hydrogen. The parties intend on producing hydrogen from North Sea natural gas resources. Transitus said th
Uniper and partners plan new import terminal for green gases in Wilhelmshaven
German energy major Uniper has partnered with compatriot public seaports operator Niedersachsen Ports (NPorts) and green hydrogen provider Tree Energy Solutions (TES) for a new large joint import terminal for green gases in Wilhelmshaven. On the sideline of the opening ceremony for the first German
3rd E-flexer joins Britanny Ferries’ fleet
China Merchants Jingling Shipyard (Weihai) has delivered the ninth E-Flexer RoRo vessel, Santona, to its owner Stena RoRo. The online delivery signing ceremony was held on December 22. The dual-fuel LNG-powered ferry has been chartered by Brittany Ferries on a long-term basis. Stena RoRo has an agre
Vertom welcomes 1st methanol/hydrogen-ready electric bulk carrier
Dutch short sea shipping company Vertom Group has taken delivery of the first in a series of six diesel-electric dry bulk vessels from compatriot Thecla Bodewes Shipyards.