Business Developments & Projects
GCMD, Mærsk Mc-Kinney Møller Center join forces to decarbonize shipping
The Global Centre for Maritime Decarbonisation (GCMD) and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have entered into a partnership to boost the shipping industry’s decarbonisation agenda.
EDP Renewables wraps acquisition of major Asian floating solar player
EDP Renewables (EDPR) has met all regulatory conditions to acquire a 91% stake in Sunseap, the largest distributed solar power operator and the fourth largest solar power operator in Southeast Asia.
GoodFuels to offer marine biofuel in Asia-Pacific
Dutch marine biofuels supplier GoodFuels has opened its office in Singapore to serve demand for sustainable marine biofuel in the Asia-Pacific region.
Fugro to support Heerema’s offshore installation and decom operations
Fugro has entered into a four-year global framework agreement with Heerema Marina Contractors for survey and positioning support services onboard Heerema’s heavy lift crane vessels.
UMACK anchor ready for deployment in wave energy project
The first commercial-scale UMACK anchor has completed pre-deployment checks at CorPower Ocean’s facility in northern Portugal ahead of offshore installation as part of the HiWave-5 wave energy project.
Wheels are in motion for Rosebank oil project off Shetland
Wheels are in motion for the Equinor-operated Rosebank project located West of Shetland, one of the largest undeveloped fields on the UKCS.
High-power fuel cell concept for larger ships gets DNV’s blessing
Technology firm ABB and fuel cell supplier Ballard Power Systems have received an Approval in Principle (AiP) from classification society DNV for their high-power fuel cell concept, reaching a ‘major’ milestone in developing new technology.
TU Delft researchers tackling power variability in hybrid marine energy parks
Researchers from Delft University of Technology, also known as TU Delft, have started exploring the interactions between different renewable energy sources to reduce the variability in electricity supplied to households as part of €45 million EU-SCORES project.
SMI: Industry invited to hear about UK’s refreshed shipbuilding strategy
The latest thinking of the team behind the UK’s refreshed shipbuilding strategy, which is expected to include a multi-billion pound vessel pipeline due to be built over the next 30 years, will be discussed at the annual conference held by the Society of Maritime Industries (SMI).
Subsea Europe Services gets six-figure support for autonomous survey tech
Subsea Europe Services (SES) has secured six-figure funding to accelerate autonomous survey technologies development for marine survey applications. The investment is said to boost the company’s approach which focuses on the integration of new generation smart, A.I. and machine learning-enabled hydr
StormGeo launches digital tool for ship’s carbon intensity improvement
Norwegian weather forecasting provider StormGeo has launched a new Carbon Intensity Indicator (CII) Dashboard, a digital tool for ship operators to calculate, report and improve the CII rankings of their fleet.
50Hertz awards Ostwind 3 UXO ID and removal contract
German offshore transmission system operator (TSO) 50Hertz has contracted Heinrich Hirdes EOD Services for UXO identification and removal works for the Ostwind 3 project. The German contractor is in charge of delivering the unexploded explosive ordnance (UXO) survey, identification and removal on th
Drewry: Ocean carriers close 2021 with $190 billion profit
Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.
UK well engineering specialist sees new deal as reflection of growing confidence in North Sea
UK’s Fraser Well Management believes that its new contract demonstrates the growing confidence in the hydrocarbon potential of the North Sea.