Business Developments & Projects
Russia welcomes 1st dual-fuel ice-strengthened ferry
Russia has welcomed a new dual-fuel ferry in a flag-raising ceremony that took place in the seaport of Ust-Luga in the Leningrad region on 4 March 2022.
Thermoplastic composite pipes significantly more eco-friendly than carbon steel pipes, report says
A report launched by DNV, Strohm, and the Non-Metallic Innovation Centre (NIC) has shown that thermoplastic composite pipes (TCP) have a significantly lower carbon footprint, in the range of 30-60%, than an equivalent carbon steel pipeline solution. The report outlines the results from a joint indus
AW Ship Management picks James Fisher’s solution for vessel optimisation
UK-based ship management company AW Ship Management (AWSM) has selected James Fisher Mimic (JFM) to deliver a full condition monitoring (CM) solution to four vessels as part of its ongoing maintenance optimisation projects.
Viking Link interconnector to get second NIB loan
The Nordic Investment Bank (NIB) has signed a ten-year loan agreement with Danish transmission system operator (TSO) Energinet to increase the co-financing to construct the Viking Link interconnector between Denmark and the UK. The DKK 1.5 billion (approximately €201.67 million) loan is expected to
Norwegian player seals two walk-to-work deals with DOF Subsea
Uptime International has won two contracts with DOF Subsea for the provision of walk-to-work systems on one of its vessels.
Lithuania’s Klaipeda LNG terminal suspends acceptance of Russian cargoes
KN, the operator of the Klaipeda LNG terminal, informed that as of 3 March acceptance of Novatek cargoes from Russia is suspended.
Gasunie to start German LNG Terminal construction
Dutch gas infrastructure company Gasunie and the German state-owned bank KfW have signed a deal to start the construction of the German LNG Terminal in Brunsbüttel.
In focus: To net-zero and beyond
In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp
Subsea 7 eyes large contract award after getting FEED study work
Subsea 7 has secured a contract from Equinor for the FEED study for the marine installations associated with the Krafla project off Norway.
Hollandse Kust Noord & West Alpha export cables installation coming up
Jan De Nul is getting ready to start cabling work on the Hollandse Kust Noord and West Alpha offshore wind farm grid connections in the Netherlands, developed by the transmission system operator (TSO) TenneT. The cable laying vessel (CLV) Isaac Newton loaded the first batch of subsea cables at the L
ITEG checks public pulse on tidal energy and hydrogen
The ITEG (Integrating Tidal Energy into the Grid) project has launched a study into the social acceptance of tidal energy and hydrogen technologies.
Nord Stream 2 operator denies reports about filing for bankruptcy
Following reports that Nord Stream 2 AG has filed for bankruptcy, the Swiss-based company and the operator of the Russian gas pipeline has said it “cannot confirm” such reports.
NAPA, ClassNK join forces on 3D ship design approval process
NAPA, a provider of maritime software, services, and data analysis, and classification society ClassNK have decided to jointly support the use of 3D models in the ship design approval process.
Irish offshore wind developer requests site investigation licence for 800 MW project
ESB has applied for a foreshore licence for site investigation works in an area offshore Ireland where it plans to build a wind farm with an installed capacity of between 700 MW and 800 MW. The site is located to the south of County Waterford and to the southeast of County Cork. There, ESB plans [&h