Business Developments & Projects
HSHI picks GTT fuel tanks for 2 new LNG-powered container ships
South Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered fuel tank design from French LNG containment specialist GTT for two LNG-powered container vessels.
Peel Ports signs new sediment management pledge
Peel Ports has signed an international sediment management pledge to more effectively manage the disposal of sediments as part of the necessary dredging of its ports and harbours. The initiative, from Navigating a Changing Climate (a Global Climate Action partnership) and SedNet (a European Sediment
Turkey now boasts a fleet of four rigs as ex-Vantage drillship finally finds home
Turkey’s oil and gas giant TPAO has added another deepwater drillship to its fleet of drilling rigs, which are working in the Black Sea.
Russia: Agreement signed for 1st deepwater port complex in the Baltics
Russia’s federal agency FSUE Rosmorport and Primorsky Universal Transshipment Complex (Primorsky UPK) have signed an agreement to develop the first deepwater universal seaport complex in the Baltic Sea.
Baltic Pipe now connecting Polish and Danish coasts
The construction of the Baltic Pipe offshore section has been completed as the last weld was made on the gas pipeline connecting the coasts of Denmark and Poland.
Stolt Tankers cuts annual CO2 emissions by 6 pct
Stolt Tankers, part of Stolt-Nielsen Limited, has reduced its fuel consumption by 6% compared to 2020, the latest figures show.
Statnett’s record revenues from interconnectors to reduce grid tariffs
Statnett has reported record revenue of nearly NOK 3 billion (around $331.8 million) so far from interconnectors to other countries which will be passed on to Norwegian consumers through a reduction in grid tariffs.
Active fleet steers Subsea 7 quarterly figures forward
Subsea 7 has reported a revenue of $1.45 billion for the third quarter of 2021, up 53% year-on-year, said to be driven by the very high utilization of the active fleet.
Portugal and Japan deepen marine energy ties to advance energy transition
A special online conference has been organized by Portugal’s leading marine energy R&D centre, WavEC Offshore Renewables, to provide a platform for Japanese energy firms, institutions and government officials to uncover key marine renewable energy opportunities in the region.
Fresh deal with Dana to create new jobs at PD&MS in Aberdeen
PD&MS Group has secured a modifications contract with Dana Petroleum, which is expected to create up to 80 jobs at its Aberdeen base.
A dozen Wan Hai boxships to get MacGregor hatch covers
Marine cargo flow solutions provider MacGregor, part of Cargotec, has secured a hatch cover order for twelve 3,055 TEU containerships.
Orbital Marine forms ‘game-changing’ partnership with TechnipFMC for tidal energy scale-up
Scottish company Orbital Marine Power has established a strategic partnership with one of the leading offshore energy players TechnipFMC to accelerate the global commercialisation of its pioneering tidal energy technology.
Sturgeon comes out against Cambo oil project as Scotland mulls joining alliance to end oil & gas use
Scotland’s First Minister, Nicola Sturgeon, has expressed her belief that the Cambo oil project off Shetland should not get the green light.
Ship recycling goes to Scotland with Inchgreen Dry Dock reactivation
North-East England-based company ATLAS Decommissioning has secured the giant Inchgreen Dry Dock in Scottland and plans to make it an export hub for the responsible decommissioning of global shipping fleets.