Abu Dhabi Ports and the Port of Fujairah have signed a 35 year concession agreement to develop, manage and operate the Fujairah facility, reports the Emirates News Agency. The agreement was signed Monday, June 19, by Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports and Captain Mousa Murad, General Ma
State-owned petroleum company Qatar Petroleum has launched a ship-to-ship fuel bunkering facility for all vessels calling on Qatari ports as of June 19, on the back of an ongoing crisis related to Qatar. “Due to the unfortunate ongoing crisis, many of our clients were impacted by regional decisions
Ocean Energy Systems (OES) has published a map that shows the present status and plans for ocean thermal energy conversion (OTEC) projects worldwide as part of its OTEC working program.
Doha-based liquefied natural gas company Qatargas has entered into a new sale and purchase agreement (SPA) to deliver up to 1.1 million tonnes of LNG per year to oil and gas conglomerate Shell for a period of five years. Under the terms of the agreement, which is scheduled to commence in January 201
The Mexican subsidiary of Israeli wave energy developer Eco Wave Power (EWP) has unveiled plans to construct a 4.1MW wave energy power plant in the Mexican state of Colima.
The opportunities for further mergers and acquisitions among Top 20 carriers are receding with each new deal, but there is still a high likelihood that a second wave involving medium-sized carriers will follow soon, according to shipping consultancy Drewry. Carrier consolidation is moving apace with
Readers’ Picks of The Week (June 12-16, 2017)
Tidal Energy Today has compiled the top news from tidal and wave energy industry from June 12 – 18, 2017.
Subsea World News has put together a recap of the most interesting articles from the previous week (June 12 – June 18). Reliance Industries Limited (RIL) and BP have said they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India. RIL and BP ann
Dredging Today brings you an overview of the most popular stories from the past week (June 12-18, 2017). USPA and Novadeal Reach Agreement on Yuzhny Port Ukrainian Sea Ports Authority (USPA) and Novadeal LTD (subsidiary of the DEME Group, Belgium) have reached an agreement for the maintenance dred
The Central Dredging Association (CEDA) has just announced that they will hold its next webinar – Cyber security: from awareness to empowerment, with a focus on the maritime/dredging industry – on 27 June 2017, from 14:00-15:00 (CEST). The webinar presenter is Mark Luchs, PhD Candidate, Delft Univer
Renewable energy sources are set to take almost three quarters of the $10.2 trillion the world will invest in new power generating technology over the years to 2040, Bloomberg New Energy Finance (BNEF) revealed in its latest long-term energy forecast.
Pacific Radiance has secured USD 45.3 million worth of new contracts, including options. Under these contracts, ten of the Group’s offshore support vessels, including a diving support vessel, are being deployed to support projects in Asia and the Middle East. The vessels are chartered to new and exi
Offshore wind levelized costs will slide 71% by 2040, according to the latest long-term forecast from Bloomberg New Energy Finance (BNEF).
