Business & Finance
UK: Slow Steaming Is Not Good Enough as Low Carbon Alternative
French and Greek authorities to discuss speed limits with the aim of reducing carbon emissions from ships.
Universal Foundation Moves In with Sister Companies
Universal Foundation has relocated from Aalborg, Denmark, to Fredericia, said to be due to meeting commercial demand. Universal Foundation has now joined its sister companies Fred. Olsen Windcarrier and Global Wind Service under one roof. According to the company, the relocation is not only of geogr
Keel Laid for Royal Caribbean’s Odyssey of the Seas
Odyssey of the Seas received its first block as the keel was officially lowered into place.
Vattenfall Kicks Off UK Offshore Wind Supply Chain Campaign
Vattenfall has launched its national supply chain campaign in Norwich, UK, to present opportunities from the proposed Norfolk Vanguard, Norfolk Boreas and Thanet Extension offshore wind farms. The campaign, part of the commitment to the Offshore Wind Sector Deal, will gather around 300 companies to
Expo Adds IRS and RWI to Its Subsea Intervention Portfolio
Oilfield services company, Expro, said it has expanded its subsea intervention capabilities, introducing two new well access solutions in addition to its subsea landing string system technologies. According to Expro, the Intervention Riser System (IRS) will safely establish and maintain well access
Navios Partners Suffers Net Loss in Q1
Navios Maritime Partners, an owner and operator of dry cargo vessels, ended the first quarter of this year with a net loss. The company reported a net loss of USD 9.5 million in Q1 2019, compared to a net income of USD 5.5 million seen in the corresponding period a year earlier. As explained, net [&
Ulstein Lays Nexans Aurora Keel
Norwegian shipbuilder Ulstein has recently held the keel laying ceremony of the cable laying vessel Nexans Aurora. Keel laying marks the start of assembling the grand blocks of a newbuild vessel, destined for the installation of subsea cables by Nexans. The hull is being built at Crist, Poland, whil
Hapag-Lloyd Cruises Christens New Expedition Ship
Hapag-Lloyd Cruises christens Hanseatic Nature, the first of its three new expedition ships.
Hitachi Excavator Put to the Test in Romania
A Hitachi ZX300LC-6 medium excavator is helping a Romanian supplier of high-quality aggregates to dredge materials for use in concrete production from the Argeş River, 30km west of the capital, Bucharest. The Zaxis-6 machine was delivered recently by Hitachi’s authorized local dealer, Utirom Invest
Shell exercises two options for Awilco’s WilPhoenix rig
Shell has given notice of its intention to Awilco Drilling to exercise two options under the WilPhoenix decommissioning contract covering the abandonment of 5 further wells.
BMT and Sonardyne Team Up on Aasta Hansteen Riser Monitoring
Subsea 7 has picked BMT and Sonardyne to deliver riser monitoring system (RMS) for the world’s largest spar platform, Aasta Hansteen. The Aasta Hansteen Spar platform is operated and owned by Equinor. Located 300 kilometres west of Sandnessjøen on the Norwegian Continental Shelf (NCS) in water depth
OGTC Boosts Cavitas Thermal Heavy Oil Recovery Project
Thermal enhanced oil recovery specialist, Cavitas Energy, is the most recent innovative technology firm to receive funding support from technology accelerator, the Oil and Gas Technology Centre (OGTC). Cavitas has been awarded funding which will be dedicated to the fast-track development of their 3r
Craig International to provide procurement services on BP’s UK assets
Craig International has secured a contract with BP for maintenance, repair, and operations of all operator’s assets on the UK Continental Shelf.
DryShips to Buy Newcastlemax from Economou Entity
DryShips is to acquire a Newcastlemax drybulk carrier built in 2017 for USD 50 million.