Business & Finance

Meyer Turku, Finnish Govt to work on climate-neutral ships with RCL
The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the

Fluxys offering 13 additional slots at Zeebrugge LNG terminal
Fluxys LNG, a part of Belgian natural gas transmission operator Fluxys, has decided to provide additional LNG slots at the Zeebrugge LNG terminal. With an intention to ensure increased LNG supply into Europe, Fluxys will be offering 13 additional primary slots to unload, store and regasify LNG cargo

Odfjell asked to address nonconformities on semi-submersible rig
Norwegian offshore safety regulator has carried out an audit of Odfjell Drilling and its risk management on one of its semi-submersible rigs.

Eco Wave Power’s wave project wins Innovation Award in Spain
Eco Wave Power’s planned wave project at Port Adriano has won the Timón de Innovación Award (the Innovation Award) granted by the Port Authority of the Balearic Islands (APB) in collaboration with Gaceta Náutica, a publication focused on ports in the Balearic Islands.

More gas for Europe, as German giant unveils plans to develop ‘largest discovery in Norway in 2021’
Wintershall Dea has submitted a PDO for a gas field in the Norwegian Sea a year after the discovery was made.

TSOs formalise intention to develop H2Med subsea hydrogen link
Spanish, French and Portuguese transmission system operators (TSOs) have signed a memorandum of understanding (MoU) to collaborate on the development of the proposed H2Med project, which is described as the first hydrogen corridor in the EU. The MoU was signed by Spanish Enagás, French GRTgaz and Te

Havfram Subsea appoints UK managing director from within
Norway-based Havfram Subsea has appointed Gregor Scott, who has been with the company for a decade, as managing director for its UK business. Over the last ten years, Scott has held commercial and leadership roles within Havfram and as managing director for the UK will be responsible for the deliver

UK player plays part in expansion project aimed at ramping up gas production off Israel
Amarinth has delivered two pumps, which will be used for a second oil train on an FPSO working on the Energean-operated field, off Israel.

Solstad CSV to exit offshore industry after new owner takes over
Normand Ships, a wholly owned subsidiary of Solstad Offshore, has sold the construction support vessel (CSV) Normand Jarl to a buyer outside of the offshore industry. The delivery of the vessel to the new owner is expected to take place during the first quarter of 2023. Solstad Offshore will recogni

IMO MEPC 79 off to a dramatic start as environmentalists call for an end of fossil fuels
The Marine Environment Protection Committee meeting at the UN International Maritime Organisation (IMO) kick-started on Monday with delegates arriving in London to meet in person for the first time since 2019. The delegates were off to a dramatic start as Ocean Rebellion, a grassroots international

Is there a silver bullet for the global energy crisis?
Will countries need all the energy solutions they can get – oil, gas, solar, wind, nuclear, and hydrogen – to tackle this energy crisis?

Maersk CEO Soren Skou steps down
The CEO of A. P. Møller – Mærsk A/S (Maersk) Soren Skou, who has led the transformation of the company from a diversified conglomerate to an integrated logistics company, is retiring. Vincent Clerc, currently CEO of the company’s Ocean & Logistic business, will succeed as CEO of Maersk effective 1 J

Early works underway for first UK-Germany energy link
Enabling works and access road works for the NeuConnect energy link are currently underway in the UK and Germany, ahead of major construction starting in 2023. In November, works started on an access road that will connect to the new converter station in Wilhelmshaven, northern Germany. On the Isle

BlueWise Marine names three new board members
Ireland-headquartered BlueWise Marine, servicing the marine and offshore renewable industries, has appointed three new members to its board of directors. BlueWise Marine appointed Rogerio Chumbinho, Mairéad Elliott and Louise O’Boyle to the board. Chumbinho has held the position of Senior Project Ma