Business & Finance
Kongsberg and CMI to develop sustainable solutions for shipowners
Norwegian maritime technology group Kongsberg Maritime (KM) and China Merchants Industry (CMI) have signed a memorandum of understanding (MoU) to work on sustainable solutions for the shipping industry.
CRP Subsea, Hellenic Cables: Bend stiffeners prolong power cable fatigue life
CRP Subsea and Hellenic Cables have completed dynamic cable testing at the University of Exeter, which included individual tests of power cable alone and power cable with bend stiffener to compare performance and fatigue. The results show that when tested with a CRP Subsea Bend Stiffener the power c
PetroNor negotiates Gambian licence extension to progress farm-out talks
PetroNor has negotiated an extension for its A4 licence in The Gambia, which will allow it to progress discussions with potential partners.
Bocomm Leasing books eight Ultramax bulkers at Cosco Shipping
China’s Bank of Communications Financial Leasing (Bocomm Leasing) has placed an order for eight Ultramax newbuilds at compatriot Cosco Shipping Heavy Industry Zhoushan.
Woodside’s Scarborough seismic survey plan open for comments
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is inviting public comments for Woodside’s proposed Scarborough 4D B1 marine seismic survey.
Talos Energy teams up with TechnipFMC for carbon capture and storage projects
Talos Energy and TechnipFMC have entered into a strategic alliance to develop and deliver technical and commercial solutions to CCS projects.
FMC calls on ocean carriers to adopt fair pricing in container shipping
The U.S. Federal Maritime Commission has urged the world’s top ocean carriers to adopt three best practices related to when and how detention and demurrage fees are applied, as well as how to dispute the charges.
Petrobras charters Subsea 7 pipelay trio
Subsea 7 has secured long-term day-rate contracts with Petrobras for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun. Seven Waves will commence the new contract in the first quarter of 2022, Seven Rio in the second quarter of 2022 and Seven Sun in the third quarter of 2022. E
Valenciaport 1st in Europe to install green hydrogen supply station
The Port of Valencia has revealed that it will be the first European port to install a green hydrogen plant to reduce the environmental impact of its terminal machinery operations.
Providence Resources on the lookout for new CEO
Providence Resources has revealed that its chief executive officer (CEO) has resigned, thus, the board is looking for his replacement.
Peterson COO to retire from the role
International energy logistics provider Peterson has confirmed that its Chief Operating Officer will retire as planned at the end of 2021.
No more rigs in Northern Drilling’s fleet after second drillship gets cancelled
John Frederiksen’s Northern Drilling has now cancelled resale contracts for both of its newbuild drillships with South Korea’s DSME.
Chevron books accommodation vessel for Wheatstone job
Edda Accommodation has secured a new contract for its Edda Fides vessel with Chevron for operations in Australia.
Klaveness sells oldest vessel in fleet renewal push
Norway-based shipping company Klaveness Combination Carriers (KCC) has concluded a sale contract for its oldest vessel, a 2001-built Cabu ship as part of its fleet renewal policy.