Business Developments & Projects

DSME bags another LNG carrier order from Maran Gas
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for two liquefied natural gas (LNG) carriers from the Greek shipping company Maran Gas Maritime.

Two ABC 6DL36 generator sets for Mike Hooks’ new dredger
Two powerful, robust 6DL36 generator sets left for the Southwest Shipyard in Galveston, Texas, to be installed in Mike Hooks’ new 27” cutter suction dredger (CSD), Anglo Belgian Corporation (ABC) said. This new, non-self-propelled CSD will be equipped with an SCR system and meet the highest emission

MSC overtakes Maersk as world’s largest ocean carrier
Swiss container shipping company Mediterranean Shipping Company (MSC) is now the world’s largest ocean carrier by operated container vessel capacity, maritime consultancy Alphaliner said.

HelioRec explores linking floating solar with AI
French start-up HelioRec has teamed up with information technology company Digital Dood to explore linking floating solar technology with artificial intelligence (AI) to address various blue economy challenges.

Amazon Warrior leaves South Africa as Shell halts controversial survey
Oil major Shell has decided to terminate the current contract for the survey vessel Amazon Warrior after it had to halt its seismic survey activities along South Africa’s Wild Coast following a court decision. According to the latest AIS data, Amazon Warrior has left South Africa and is currently on

Vattenfall working on green hydrogen demo project at Scottish offshore wind farm
Vattenfall is working on a hydrogen demonstrator project named Hydrogen Turbine 1 (HT1), which involves installing hydrogen production equipment on one of the wind turbines at its Aberdeen Offshore Wind Farm (European Offshore Wind Deployment Centre) in Scotland. The company has already submitted a

Valaris finds more work for its rigs
Valaris has been awarded several new contracts for its rigs for operations in the Gulf of Mexico, Australia, and the UK North Sea.

Piraeus Bank sells bad shipping loans for €400M
Greek multinational financial services company Piraeus Bank has reached an agreement to sell a portfolio of non-performing shipping loans for €400 million (about 452.7 million).

MPS tackles recyclability and environmental impacts of marine energy tech
Welsh marine energy company Marine Power Systems (MPS) has launched a research project, in collaboration with the Swansea University, to help understand the whole life costs and recyclability of its marine energy technology.

Tufton Oceanic buys tanker and bulker
UK’s investment company Tufton Oceanic Assets Limited has decided to expand its fleet with two vessels.

Skuld joins global initiative for zero-carbon shipping
Skuld, a marine insurance provider, has joined the Maersk Mc-Kinney Moller Center (MMMC) for Zero Carbon Shipping, an independent not-for-profit research and development center, as part of its stated intention to protect ocean industries.

UECC: Third dual-fuel battery hybrid PCTC launched in China
The third and final dual-fuel LNG battery hybrid pure car and truck carrier (PCTC) has been launched in China for United European Car Carriers (UECC), a Norway-based provider of shortsea RoRo transportation.

Conoship unveils eco-friendly diesel-electric cargo vessel
Maritime engineering company Conoship International Projects has developed an environmentally friendly diesel-electric propulsed 3600 dwt general cargo vessel, suited for sea-river operations.

Dutch approve NeuConnect offshore works
NeuConnect, a new interconnector between the UK and Germany, has received permits from the relevant Dutch authorities for works offshore the Netherlands. A section of the project’s subsea cabling route will pass through Dutch waters in the North Sea, requiring a Water Permit and a Nature Permit, whi