Masdar has invested GBP 52.5 million (approx. EUR 61 million) in Hywind Scotland Pilot Park, according to Scottish Development International (SDI), as Abu Dhabi’s renewable energy investor agreed with Statoil to take a 25% stake in the project.
The €11 million FORESEA program hosted a webinar regarding its second call for support package applications for ocean energy developers.
Noble Energy and its partners in the giant Leviathan gas field offshore Israel are working towards sealing another gas offtake deal ahead of the expected final investment decision for the project. Noble’s Israeli partner Delek said on Wednesday afternoon that a non-binding letter of intent was signe
The International Association of Dredging Contractors (IADC) has released a new ‘Facts About’ publication on Adaptive Management. ‘Facts About’ is a series of concise, easy-to-read leaflets which give an effective overview of essential facts about specific dredging and maritime construction subjects
The International Transport Workers’ Federation (ITF) has welcomed new Maritime Labour Convention (MLC) provisions on crew abandonment that come into force on Wednesday, January 18. Under the Maritime Labour Convention 2006 (MLC), ship owners must have insurance to assist the seafarers on board vess
International banking group Standard Chartered has completed three shipping finance deals for clients in Asia and the Middle East valued in excess of USD 1.6 billion. In December 2016, Standard Chartered concluded a USD 684.5 million, up to 12-year non-recourse shipping finance facility for BW Gas J
New investment in clean energy worldwide fell 18% last year to $287.5 billion, with marine energy also being affected by 7% decrease compared to 2015 levels.
Offshore Energy kicks off its 10th anniversary year with a bang and is proud to announce the launch its of new and improved website on www.offshore-energy.biz. Sleek design, easy navigation and updated functionality mean a better customer oriented website.
After the successful premiere of the Cutter Suction Dredger (CSD) Vessel Directory in 2016, Dredging Today will add Trailing Suction Hopper Dredger (TSHD) vessels to the upcoming edition of the directory. The new Dredging Vessel Directory will be launched in the first quarter of 2017, and will also
Saudi Arabia’s King Abdullah Port recorded an 8% increase in its annual container throughput, which amounted to 1.4 million TEU in 2016. The port received a total of 729 vessels in 2016 compared to 637 vessels in 2015. With the completion of the infrastructure works for Berth 5 and Berth 6, the King
International transport and logistics executives are increasingly benchmarking their companies’ costs and supplier terms in ocean transport contracts, according to shipping consultancy Drewry. In the past 6 months, the ocean transport spend under carrier contracts benchmarked by beneficial cargo own
Physical suppliers should move away from fuel supply in the major bunkering hubs, and instead focus on smaller ports to reap the opportunities of a rapidly changing market, according to maritime consultancy 20|20 Marine Energy. Growing concentration of fuel supply in major bunkering hubs is expected
Dragflow, an Italian manufacturer of heavy duty pumps and complete dredging equipment, recently received four orders for custom-made dredgers. Under the first contract, five dredgers, model DRH300E23, will be delivered for sand and gravel extraction in Middle East. The dredgers are equipped with a D
The harsh conditions in the container shipping market during the 2016 have led to a drop of large-scale international carriers to 17 as at January 2017, down from 20 a year ago, according to Alphaliner. Namely, the reduction is a result of the acquisition of Singapore-based carrier APL by French maj
