Business & Finance
Cairn to exit Norway following Norwegian unit disposal
Cairn Energy has entered into an agreement to dispose of the entire share capital of Capricorn Norge, the company’s wholly owned subsidiary in Norway.
VesselsValue Teams Up with Idwal Marine on Automated Vessel Valuations
VesselsValue has launched the next generation of automated vessel valuations with Idwal Marine.
Trelleborg Cable Guards for Ørsted’s Taiwan OWF Project
Trelleborg has won a contract from Ørsted to provide NjordGuard cable protection system, for the Greater Changhua 1 & 2a offshore wind farms in Taiwan. The company will provide 235 NjordGuard cable protection systems and bellmouths, which will protect all inter-array and export cables on the project
450GW Offshore Wind by 2050 in Europe Achievable – Report
The EU Commission’s goals for offshore wind of between 230 and 450 GW by 2050 are achievable provided the right investments in electricity grids and governments take the right approach to maritime spatial planning, according to a new WindEurope report. According to the report, ‘Our energy, our futur
450GW Offshore Wind by 2050 in Europe Achievable – Report
The EU Commission’s goals for offshore wind of between 230 and 450 GW by 2050 are achievable provided the right investments in electricity grids and governments take the right approach to maritime spatial planning, according to a new WindEurope report. According to the report, ‘Our energy, our futur
Conoship to Design Spliethoff’s New Multipurpose Ships
Conoship signed a contract with Mawei Shipyard for the design of Spliethoff’s two multipurpose DP2 B-type vessels.
Navios Partners to Expand Fleet with Five Containerships, Six Bulkers
Owner and operator of dry cargo vessels Navios Maritime Partners has signed agreements to acquire eleven vessels.
Another Stage of Quay Modernization at Port of Gdansk Wraps Up
Two renovated quays were commissioned last week at the Polish Port of Gdansk as part of the port’s ongoing quay and fairway modernization project. Completion of the 1st stage of expansion of the Obroncow Poczty Polskiej Quay included the redevelopment of half of the quay’s length. The remaining part
Fugro Extends Skandi Carla Charter
Fugro has extended the firm period of hire for the Skandi Carla time charter contract until end October 2020, the Oslo-listed DOF Subsea said on Tuesday. Skandi Carla is a purpose-designed and built ROV survey, IRM and construction support vessel. The 84 meters long vessel with accommodation for 80
SINN Power Wins Cleantech Open Global Idea Challenge
SINN Power has won this year’s Cleantech Open Global Idea Challenge in Los Angeles with its wave energy technology to supply people worldwide with clean and reliable energy from ocean waves. SINN Power was invited to attend the Cleantech Open (CTO) Global Forum, which is a 3-day event to pave the wa
Flex LNG Inks Long-Term Charter Deal for Vessel Newbuild
A subsidiary of Flex LNG enters into a long-term charter contract with Clearlake Shipping for an LNG carrier.
Apply Sørco, Aker Solutions pen Vår Energi deals
Apply Sørco and Aker Solutions will provide modifications and maintenance support
Global Ship Lease to Buy Two Post-Panamaxes on Long-Term Charters
Global Ship Lease (GSL) has agreed to acquire two 2004-built Post-Panamax containerships from Black Pearl Containers.
Apply and Aker Solutions Win Var Energi Contract
Vår Energi has signed frame agreements with Apply Sørco and Aker Solutions for modifications and maintenance support for the company’s operated assets. The frame agreements, which cover operation, maintenance, modification and engineering services, have a duration of three years with options for a t