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Business & Finance

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Port of Vancouver tests the waters with low and zero-emission fuels
Business & Finance

Port of Vancouver tests the waters with low and zero-emission fuels

The Vancouver Fraser Port Authority is testing various low-and zero-emission fuels and technologies at the Port of Vancouver, as part of its efforts to phase out all port-related emissions by 2050. Through the Low-Emission Technology Initiative, being implemented by the port authority and the Provin

about 3 years ago
Tullow’s interim CFO taking on permanent role after new year
Business & Finance

Tullow’s interim CFO taking on permanent role after new year

Tullow Oil has appointed its interim Chief Financial Officer (CFO) to the CFO role, effective from 1 January 2023.

about 3 years ago
WATCH: Shell’s giant new FPSO sets off to North Sea on board Boskalis vessel
Business & Finance

WATCH: Shell’s giant new FPSO sets off to North Sea on board Boskalis vessel

With construction done, the FPSO destined for Shell’s oil & gas project off the UK is now on its way to the North Sea.

about 3 years ago
ELA Container gives a boost to ‘the lifesaver of the Dutch seas’
Business & Finance

ELA Container gives a boost to ‘the lifesaver of the Dutch seas’

During Offshore Energy Exhibition & Conference in Amsterdam, ELA Container has expressed its support to the efforts of the Royal Dutch Rescue Society (KNRM), often referred to as ‘the lifesaver of the Dutch seas’. The company will supply a container to store and dry the KNRM survival suits for the v

about 3 years ago
Blue World Technologies
Business & Finance

Bill Gates-backed Blue World Technologies targets maritime with its methanol fuel cells

The Danish fuel cell manufacturer Blue World Technologies is readying to start series production of a fuel cell-based auxiliary power unit (APU) system running on methanol intended for the maritime market. The company wants its fuel cells to replace conventional diesel generators for power supply on

about 3 years ago
Dutch offshore wind development areas
Business & Finance

The Netherlands plans its biggest offshore wind tender next year with four IJmuiden Ver sites likely to be auctioned off in one go

The Dutch Ministry of Economic Affairs and Climate Policy (EZK) plans to combine the first four IJmuiden Ver offshore wind sites for the purpose of putting them out to tender together. This means the sites III and IV will be auctioned next year, same as the sites I and II, instead of the initially p

about 3 years ago
Agreement signed for CO2 hub on Danish coast
Business & Finance

Agreement signed for CO2 hub on Danish coast

German oil and gas company Wintershall Dea has signed a Memorandum of Understanding (MoU) with a consortium of companies to cooperate on the development of a CO2 hub in Denmark. The consortium plans to establish a CO2 hub called Greenport Scandinavia on the Danish North Sea coast, which is, among ot

about 3 years ago
EnBW books HEH’s Stade terminal for LNG and hydrogen imports
Business & Finance

EnBW books HEH’s Stade terminal for LNG and hydrogen imports

German energy company EnBW has revealed plans to import three billion cubic metres (cbm) of liquefied natural gas (LNG) per year via Hanseatic Energy Hub (HEH) in Stade. EnBW booked long-term capacity at HEH’s terminal in the past few days as part of a sales process and expects to make a significant

about 3 years ago
New contract to bring Solstad PSV a battery-hybrid system
Business & Finance

New contract to bring Solstad PSV a battery-hybrid system

Norwegian shipping company Solstad Offshore has won five-year contracts with Equinor UK for two of its platform supply vessels (PSVs), with one vessel set to be upgraded with a battery-hybrid system and shore power. The contracts were signed for PSVs Normand Naley and Sea Frost and both will run for

about 3 years ago
shipping
Business & Finance

Mærsk Mc-Kinney Møller Center outlines 4 key actions to fast-track decarbonization

The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry closer to the Paris 1.5°C trajectory, according to Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. International and domestic shipping uses approximately 12.6 EJ

about 3 years ago
TAQA, ADNOC, and Mubadala become new shareholders of Abu Dhabi’s Masdar
Business & Finance

TAQA, ADNOC, and Mubadala become new shareholders of Abu Dhabi’s Masdar

Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala), and Abu Dhabi National Oil Company (ADNOC) have become the new shareholders of Masdar (Abu Dhabi Future Energy Company) following the completion of the agreed transaction. TAQA has the largest stake of 43% in Masdar’s

about 3 years ago
New jobs for Transocean drillships rake in $1.04 billion
Business & Finance

Transocean drillships rake in $1.04 bln thanks to new gigs

Transocean has won new long-term contracts for two of its ultra-deepwater drillships, adding around $1.04 billion to its backlog.

about 3 years ago
Third Prosafe unit wins assignment in Brazil
Business & Finance

Third Prosafe unit wins assignment in Brazil

Prosafe has been awarded a contract for the provision of the Safe Zephyrus vessel for safety and maintenance support off Brazil.

about 3 years ago
Seafarers
Business & Finance

Unions, employers sign pact to keep pandemic cooperative spirit alive as decarbonization challenges loom

Unions representing seafarers and maritime employers have signed a new memorandum of understanding (MOU) to take forward the ‘spirit of cooperation’ that marked the shipping industry’s joint efforts throughout the pandemic. The MOU’s signatories are the International Transport Workers’ Federation (I

about 3 years ago
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