Business Developments & Projects
Fendercare Marine delivers STS LNG transfers with new system
Global provider of marine equipment Fendercare Marine said it used a new LNG transfer system to complete a series of LNG STS operations for one of the leading global energy companies.
CMA CGM adds 62 ships, reports profit of $5.6B
CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.
Repsol shuts in Yme field only weeks after start-up
Spain’s Repsol has been forced to halt production from its Yme field less than a month after the oil production started.
Svitzer to make 10 tugs carbon neutral
Towage operator Svitzer, part of A.P. Moller – Maersk revealed plans to convert its whole fleet of 10 tugs in London and Medway to be powered by marine biofuel, following a successful pilot.
Nova Innovation launches investment round
Scottish tidal energy company Nova Innovation has opened a crowdfunding campaign on the Seedrs investment platform.
Basque and Flemish blue clusters sign offshore energy pact
The representatives of the Basque Energy Cluster and the Blue Cluster from Belgium have signed a memorandum of understanding (MoU) to promote European offshore energy know-how worldwide.
Borr rig spuds Dutch North Sea well for Kistos
Borr Drilling’s jack-up drilling rig has spudded Kistos’ Q11-B well in the Dutch North Sea.
TGE scores storage tank job for Yangjiang LNG
German-based LNG storage contractor TGE Gas Engineering has signed a tank engineering, procurement, and construction (EPC) contract for the Yangjiang LNG storage project.
Industry’s 1st real-time CII dashboard launched
Emissions verification company Verifavia Shipping has launched the real-time carbon intensity indicator (CII) dashboard to determine the operational efficiency and CII rating of ships over 5,000 GT.
Jan De Nul, LS Cable complete first subsea cables for Dutch offshore wind farms
LS Cable & System and Jan De Nul have completed the first lot of submarine power cables for the Hollandse Kust Noord and West Alpha offshore wind projects in the Netherlands.
Swire Projects inks long-term charter deal with Nordic Projects & Finance
Swire Projects, the projects division of Swire Shipping, has signed an agreement with the Hamburg-based Nordic Projects & Finance (NPF) for the long-term charter of six multipurpose (MPP) heavy-lift vessels.
Jersey adds new board members with expertise to complete North Sea project farm-out
Jersey has appointed new members to its board, which are expected to possess the expertise required to complete the farm-out process for the GBA development project in the North Sea.
Neptune preparing for busy year ahead with more wells added to Odfjell rig
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai rig to include additional wells in the North Sea next year.
SIAD MI takes on BOG management for Ravenna LNG terminal
Engineering company SIAD Macchine Impianti (SIAD MI) has installed a re-liquefaction plant for the evaporated natural gas (boil-off gas – BOG) at the small-scale LNG Ravenna LNG terminal in Italy.