Business & Finance
World’s 1st Liquefied Hydrogen Carrier Named in Japan
Kawasaki Heavy Industries has named Suiso Frontier, the world’s first liquefied hydrogen carrier.
House Passes Kilmer Coastal Protection Bill
The U.S. House of Representatives yesterday voted to approve a package of bipartisan bills to protect vulnerable coastal and Great Lakes communities impacted by climate change. The package includes bipartisan legislation introduced by Representative Derek Kilmer that would provide dedicated resource
French banks takeover offer for Bourbon ‘would lead to liquidation and total loss for shareholders’
If the court were to favor an offer by a group of French banks it would lead to the liquidation of the listed company Bourbon Corporation and a total loss for shareholders and bondholders.
EBRD Provides USD 17.5 Mn for Tekirdag Port Privatization, Expansion
The European Bank for Reconstruction and Development supports the privatization of Tekirdag Port with a new loan.
Jifmar Snaps Up Delta Marine
Jifmar Offshore Services has continued its expansion in Scotland with acquisition of the Shetland-based company Delta Marine one year after taking over North West Marine. Thanks to this acquisition, Jifmar will now operate a fleet of nearly 40 vessels worldwide. It will also reinforce its position i
New Colombo Land Becomes Part of Sri Lanka
Newly reclaimed land for the Port City Colombo project, conducted by China Communications Construction’s subsidiary CHEC, was officially declared as part of Sri Lanka on December 7. According to China Communications Construction, this momentous occasion was celebrated by CHEC Port City Colombo under
JFD Shows Off Submarine Rescue System Off Australia
JFD said it has set new benchmarks for international submarine rescue following the completion of exercises off the coast of Western Australia. In a range of weather conditions, JFD said that its submarine rescue system demonstrated robustness and reliability in the triennial Pacific Reach, a multi-
First SIMOPS LNG Bunkering Completed in Amsterdam
Titan LNG’s bunker barge supplied LNG to the tanker Ramelia while the ship was unloading cargo in Amsterdam.
PTTEP takes Energy Drilling’s rig for Thai drilling
Singapore’s Energy Drilling has been awarded a contract by PTTEP to provide drilling services on the Arthit field in Gulf of Thailand.
Fugro Wins Copenhagen Contract
Danish consulting firm COWI has awarded Fugro a nearshore geotechnical site investigation for CPH City & Port Development’s Lynetteholmen megaproject in Copenhagen. Fugro’s site investigation will be used to inform the detailed design of the new artificial island, which will cover approximately 275
Wood to modify Equinor’s platforms for floating wind project
Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the Norwegian North Sea to connect electric power from floating wind turbines that form part of the Hywind Tampen development.
WIND Setting Up New Cable Accessories Warehouse
WIND is setting up a new cable accessories warehouse at its main cable storage yard in Velsen Noord, the Netherlands. The new facility will function as WIND’s central European warehouse for all cable-related accessories, from where the company will distribute parts to the European wind farms that it
Maersk Drilling joins forces with Halliburton and Petrofac for Seapulse drilling program
Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration program to be delivered under Maersk Drilling’s master alliance agreement with Seapulse.
Preparations Underway for Massey’s Ditch Dredging
DNREC’s Shoreline & Waterway Management Section is preparing for the upcoming dredging of a vital channel for Delaware boaters, Massey’s Ditch, which is the main waterway connecting Rehoboth Bay to Indian River Bay. The northern portion of the waterway – known as Baker’s Channel – will also be dredg