Business Developments & Projects
Maersk shares ocean weather observations to aid climate research
Danish shipping and logistics giant A.P. Moller – Maersk is releasing all historical and future ocean weather observations into the public domain for free use by the scientific community around the globe.
CoolCo launches $250m private placement
Bermuda-based LNG shipper Golar provides a further update on its newly-formed company CoolCo which will acquire its eight tri-fuel diesel-electric LNG carriers.
Wellesley strikes out in North Sea well
Wellesley has concluded the drilling of a wildcat well north of the Gjøa field in the northern North Sea, but the well turned out to be dry.
Greek port and Suez Canal seal business deal
Greek Port of Thessaloniki (ThPA) and the Suez Canal Economic Zone (SCZone) have signed a cooperation agreement to develop international trade and increase business activities on the sea route between Europe and Asia.
James Fisher Decommissioning rolls out
James Fisher has launched James Fisher Decommissioning (JF Decom), its new business line which will support the decommissioning needs of customers in the renewables and oil and gas markets. All current decommissioning capabilities offered by James Fisher Offshore will transfer into JF Decom to provi
Nordic partners to proceed with ammonia-fueled ammonia carrier design
The Nordic Green Ammonia-Powered Ship (NoGAPS) project has entered its second phase to produce a detailed ship design for an ammonia-fueled vessel that will also carry ammonia as a cargo.
Franco-Scottish tidal power duo secures 12MW berth offshore Wales
French tidal energy company Sabella and its Scottish counterpart Nova Innovation have secured a 12MW berth at one of the world’s largest tidal energy sites off the coast of Anglesey in Wales.
Contract awarded for Norway’s 1st full-scale hydrogen-powered ferries
Norway’s ferry company Torghatten Nord has signed a contract with the Norwegian Public Roads Administration to operate hydrogen-powered ferries between Bodø and Lofoten from 2025.
Maersk Drilling connecting rigs to green shore-to-ship power while docked at Esbjerg
Danish Maersk Drilling and Port Esbjerg have been working together to enable the supply of green power for offshore rigs to cut emissions.
NSMP appoints PX as operator of Risavika LNG plant
North Sea Midstream Partners (NSMP) has appointed UK-based PX Group as operator of the Risavika LNG plant in Southern Norway.
Fincantieri orders Proton Motor’s 142kW fuel cell system for zero-emission performance
Italian shipbuilder Fincantieri has ordered the eco-friendly hydrogen-powered propulsion solution from the German producer Proton Motor Fuel Cell to be used as the main power supply for the zero-emission navigation.
Vantage to manage another rig for Aquadrill
Vantage has been put in charge of managing and marketing a semi-submersible rig owned by Aquadrill, formerly known as Seadrill Partners.
New subsea personnel recruitment company comes to market
Aberdeen-based recruitment services provider Drillmar Resources has launched a new recruitment company specializing in the subsea sector named SUBCMAR. The company will aim to strengthen the offering of energy recruitment experts to existing clients, as well as expand its presence to the internation
Safe Bulkers adding 40th vessel to its fleet
Marine drybulk transportation services Safe Bulkers has signed an agreement for the acquisition of a Japanese dry bulk 181,00 dwt Capesize vessel for a price of $33.8 million.