Subsea technology company Seatools has completed the development, manufacturing and testing of a plough position monitoring buoy for Boskalis. Following sea trials, the buoy has been fitted onto a subsea plough for a subsea cable route clearance project. Whereas USBL is the conventional way to deter
Aker Solutions and Kvaerner have completed a merger whereby Aker Solutions has absorbed all the assets, rights and obligations of Kvaerner and Kvaerner has been dissolved. The two entities have joined forces to create a new supplier of solutions to reduce climate gas emissions from oil and gas insta
Pipe coating specialists Bayou and Wasco said they will be splitting up their joint venture, Bayou-Wasco Insulation (BWI). BWI will complete contracted projects and begin an orderly wind down in late 2021. “We plan to utilise our experienced workforce to ensure BWI projects are completed with the sa
Switzerland-based Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership.
Stolt Tankers, part of transportation company Stolt-Nielsen Limited, has entered into a joint venture with the John T. Essberger Group for the operation of their combined parcel tanker fleets trading within Europe.
Norway-based maritime solutions provider Høglund Marine Solutions has, in collaboration with Germany’s HB Hunte Engineering, developed a tank concept for LPG and CO2 transportation, based on existing technology.
The Swedish-Finnish Bothnia Bulk project has achieved a significant reduction in air pollution from maritime transport.
Bahri, a national shipping carrier of Saudi Arabia, has signed a five-year framework agreement with Saudi Arabia’s Presidency of State Security (PSS), the country’s security body.
CGG and Shearwater have agreed to suspend negotiations around creating a marine streamer equipment JV until visibility in the streamer replacement cycle improves. The companies said that decision comes due to the downturn in the oil and gas industry, triggered by the Covid-19 pandemic. Both parties
The Isle of Man Ship Registry has become the first flag state to join the Getting to Zero Coalition, an industry-led alliance working towards decarbonising the international maritime shipping sector.
Industry body Marine Energy Wales has asked the public to pledge their support for marine energy, and for taking action on climate change by using renewable energy to generate clean electricity and reduce carbon emissions.
Italian energy company Eni has joined the ocean energy industry body Ocean Energy Europe, taking up a seat on the board of directors as a lead partner.
The US National Science Foundation (NSF) has approved a $53 million grant to a consortium of the country’s top ocean-research institutions to build a global network of chemical and biological sensors that will monitor ocean health. Scientists at the Monterey Bay Aquarium Research Institute (MBARI),
Lloyd’s Register [LR] has launched a dedicated centre of excellence to accelerate decarbonisation of the world of shipping. The Maritime Decarbonisation Hub, a joint initiative between Lloyd’s Register Group and Foundation, brings together thought leaders and experts with the aim of helping the mari
