Business Developments & Projects

ECONNECT Energy to deliver LNG transfer technology
Norwegian maritime engineering company ECONNECT Energy has signed a contract with an undisclosed global energy company to deliver LNG transfer technology.

East Coast subsea link gets approval for Final Needs Case
Ofgem has given the green light for preparing the Final Needs Case stage of the regulatory approvals process for the East Coast subsea HVDC link that will connect Scotland and England.

AqualisBraemar LOC enacting long-term succession plan for CEO role
AqualisBraemar LOC has revealed its long-term succession plan for the CEO role, which will enable the company’s COO to take over the role.

Wärtsilä integrates with MESPAS maritime e-trading platform
Finnish technology company Wärtsilä has integrated with Swiss maritime e-trading platform MESPAS Connect for faster, easier and more efficient maritime procurement.

Maersk secures new terminal in Croatia for 24,000 TEU giants
Dutch container terminal operator APM Terminals, part of Maersk, and Croatian investor Energia Naturalis (ENNA) have signed a 50-year concession agreement for Rijeka Gateway, a joint venture container terminal between the two companies on the North Adriatic coast of Croatia.

Eni: Coral-Sul FLNG project is on track
Italian oil and gas company Eni said the Coral-Sul FLNG project for Mozambique is on track, with the FLNG vessel being completed at Samsun Heavy shipyard in South Korea.

World’s first liquid hydrogen bunkering facility for fuelling zero-emission ships revealed
Clean energy solutions provider Unitrove has unveiled the liquid hydrogen bunkering facility for fuelling zero-emission ships.

BW Offshore bags contract extension for Nigerian FPSO
FPSO operator BW Offshore has been awarded a contract extension for a vessel operating in waters offshore Nigeria.

StealthGas unveils tanker spin-off plan
Greek LPG shipping company StealthGas revealed plans to spin off its four tanker-owning subsidiaries.

R&D investments to shape future of shipping
Shipping industry players have warned that lack of investment in developing green technologies is the biggest threat to achieving decarbonisation targets.

Marine-i backs next stage of STL’s futuristic robotic arm
Marine-i has supported the next stage of development of Submarine Technology Limited’s (STL) futuristic robotic arm with a grant and a bespoke RD&I program. STL’s innovation is a vessel-based multi-axis robotic arm for autonomous operations, and will form an integral part of a new Autonomous Synchro

MPV Inyanga Entsha set for large-scale tidal energy deployments
Inyanga Maritime is developing a new dynamically-positioned (DP2) multi-purpose vessel (MPV) Inyanga Entsha that will be used to install HydroWing technology combined with Tocardo’s tidal turbines.

ConocoPhillips files development plan for cross-border North Sea field
Oil major ConocoPhillips has submitted its plan for the development and operation of a field in the North Sea to Norwegian and UK authorities.

Partners set up measurement system on SolarDuck’s floating solar unit
Several European companies have collaborated to set up the measurement system and data analytics platform on SolarDuck’s offshore floating solar unit in the Netherlands.