Business & Finance
OPIN Launches Its Innovation Support Programme
The Ocean Power Innovation Network (OPIN) Project has launched its Innovation Support programme. Under the programme three different types of Innovation Support is made available to SMEs (Small or Medium sized Enterprises). OPIN partners will offer a Technology Assessment Process (TAP) to SMEs, free
Arundel Tidal Defenses on Display
The Environment Agency recently held two public information events at the Arundel Town Hall to update the community on its plans to better protect people at highest risk of flooding and river erosion in Arundel. The drop-ins were attended by 84 people, including the local MP, Nick Herbert. At the ev
Hurtigruten Secures LNG Supply for Its Ships by 2030
Hurtigruten agreed a long-term LNG supply deal for six of its ships with Gasnor.
SubseaPartner Secures UK Diving Job with Teekay
Norwegian diving contractor SubseaPartner has increased its footprint in the UK with another contract award by the operator and FPSO owner Teekay Offshore. The contract is for undertaking ongoing subsea work on the FPSO’s Foinaven and Hummingbird. Detailed planning and engineering are done and Subse
Aqualis buys offshore, marine business from Braemar
The enlarged company will be named AqualisBraemar
We4Sea: IMO Rule to Boost Fuel Costs by Up to 50 Pct
In less than 200 days the IMO’s sulphur cap would introduce a surge of up to 50% in fuel costs, We4Sea said.
ABPmer Wins Arklow Bank – Phase 2 Work
ABPmer is supporting SSE Renewables in the development of Phase 2 of its Arklow Bank Wind Park project, off the east coast of Ireland. ABPmer has been commissioned to prepare a preliminary site condition report and manage the associated metocean survey which will then be used in conjunction with new
Scientists Launch €10M Atlantic Survey to Evaluate Ocean’s Health
A team of researchers from countries bordering the ocean have recently embarked on a €10 million project to analyse its ecosystems, from Iceland to South America. Their findings will provide unprecedented insights into how climate change is affecting plant and animal life in the Atlantic. The work w
Solstad Gets More Time with Creditors
Norwegian vessels owner and operator Solstad Offshore said it has secured extension with a number of its key creditors for the suspension and deferral of payments. In December 2018 and April 2019, a number of the companies in the SOFF group entered into agreements for the suspension and deferral of
Hornsea One Starts Getting CfD Payments
The Hornsea Project One offshore wind farm has begun receiving Contract for Difference (CfD) payments. The Low Carbon Contracts Company (LCCC) began allocating the payments for the first phase of the 1.2GW offshore wind project as it passed the required tests for its Operational Conditions Precedent
Hornsea One Starts Getting CfD Payments
The Hornsea Project One offshore wind farm has begun receiving Contract for Difference (CfD) payments. The Low Carbon Contracts Company (LCCC) began allocating the payments for the first phase of the 1.2GW offshore wind project as it passed the required tests for its Operational Conditions Precedent
Developing Smart Solutions for Dredging Industry
Royal IHC and Semiotic Labs have signed an agreement to develop smart solutions for the dredging industry. As part of the collaboration, both companies will combine their knowledge in the field of shipping and the dredging industry with smart Internet-of-Things sensors and artificial intelligence, w
Hopper Barge Rabochaya Clears Sea Trials
Self-propelled hopper barge ‘Rabochaya’ has successfully completed sea trials at Onego Shipyard LLC, (Petrozavodsk, Republic of Karelia), informs FSUE Rosmorport. During the trials, the admission board checked the operation status and application requirements, the functioning of automation, navigati
SubseaPartner wins contract for work on two Teekay FPSOs
Marine services and solutions provider Teekay Offshore has awarded a contract for subsea work on two floating, production storage and offloading (FPSO) vessels to Norwegian diving contractor SubseaPartner.