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USV AS Astilleros Gondan
Business Developments & Projects

In focus: European countries working shoulder to shoulder to curb climate change

With temperatures reaching all-time high all over the globe, it is difficult not to question whether we are doing enough to stop or even slow down global warming. But that did not interrupt the European energy players to make new deals and link up with each other to reap the benefits of the offshore

about 3 years ago
CEM adopts new initiative for scaling low-carbon fuel production
Business Developments & Projects

CEM adopts new initiative for scaling low-carbon fuel production

The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy

about 3 years ago
Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects
Business & Finance

Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects

Just shortly after announcing NKT as the preferred bidder for the power cable systems, SSEN Transmission revealed it had selected Hitachi Energy to deliver the HVDC converter system for two HVDC transmission links offshore Scotland. Hitachi Energy has been given the preferred supplier status for the

about 3 years ago
DNV UAE decarbonization centre
Business & Finance

UAE partners with DNV to set up maritime decarbonization centre

United Arab Emirates (UAE) has teamed up with Det Norske Veritas (DNV) on the establishment of a new UAE Decarbonization Centre. H.E Suhail Al Mazrouei, Minister of Energy and Infrastructure, and Knut Ørbeck-Nilssen, CEO DNV Maritime signed a Memorandum of Understanding (MOU) on establishing the fac

about 3 years ago
German Bundesrat adopts revised LNG Acceleration Act
Authorities & Government

German Bundesrat adopts revised LNG Acceleration Act

German legislative body Bundesrat has approved the revised act to accelerate the use of liquefied natural gas (LNG Acceleration Act) to include forward-looking rules on energy supply and specify practical provisions on the sustainable, climate-neutral retrofitting of LNG terminals. The previous vers

about 3 years ago
Construction starts for first US subsea rock installation vessel
Authorities & Government

Construction starts for first US subsea rock installation vessel

U.S. dredging services provider Great Lakes Dredge & Dock Corporation has held the steel-cutting ceremony for the construction of what is said to be the first U.S. offshore wind subsea rock placement vessel. The ceremony marking the start of construction for the Acadia vessel was held on 20 July at

about 3 years ago
HMM
Business & Finance

HMM Privatization: Bidding kicks off for South Korea’s flagship carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM was officially launched on Thursday in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB), and Korean Ocea

about 3 years ago
A photo of the Sealhyfe offshore green hydrogen production platform next to the Floatgen floating wind turbine
Business Developments & Projects

Lhyfe’s work on ocean reoxygenation through H2 production advances

French hydrogen producer Lhyfe has completed the first step in its work on ocean reoxygenation with the publication, by IRD Brest, of a first scientific article on the results of the research carried out in recent months. The work is a part of Lhyfe’s ambition to decarbonize transport and industry b

about 3 years ago
cargo ship Hokurenmaru No.2
Automation

Japan takes its autonomous shipping to the next level

Japan’s maritime industry is taking significant strides towards the full-scale commercialization of fully autonomous ships, thanks to the MEGURI2040 Fully Autonomous Ship Project. This collaborative effort, administered by the Nippon Foundation and involving 51 companies under the Designing the Futu

about 3 years ago
Ocean BlackHawk drillship; Source: Diamond Offshore
Business & Finance

One Diamond Offshore drillship done with its job while another continues work off Africa

Diamond Offshore has confirmed that one of its drillships wrapped up its drilling work at Senegal’s first offshore oil development last week.

about 3 years ago
Saguaro Energia LNG project receives support from Sonora government
Authorities & Government

Saguaro Energia LNG project receives support from Sonora government

Mexico Pacific and the government of the Mexican state of Sonora have signed a collaboration agreement supporting Mexico Pacific’s anchor LNG export facility Saguaro Energia located in Puerto Libertad, Sonora, Mexico. Specifically, Mexico Pacific’s LNG project was welcomed as the foundational pillar

about 3 years ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business & Finance

Norway throws importance of oil & gas for Europe’s energy security into stark relief

Norway stepped up to help alleviate Europe’s energy woes, becoming the continent’s largest gas supplier in the process.

about 3 years ago
LNG-powered Silver Nova handed over to Silversea Cruises
Business Developments & Projects

LNG-powered Silver Nova handed over to Silversea Cruises

German shipbuilder Meyer Werft has handed over Silver Nova, an LNG-fueled cruise ship, to Monaco-based cruise line Silversea Cruises. The delivery was announced on 21 July in a brief social media update by Meyer Werft. The 54,700-ton ship is part of a newbuild project known as Project Evolution, and

about 3 years ago
Van Oord installs inter-array cables at Hollandse Kust Noord
Business Developments & Projects

Van Oord installs inter-array cables at Hollandse Kust Noord

Van Oord has completed installing and burying inter-array cables at CrossWind’s Hollandse Kust Noord offshore wind farm in the Dutch North Sea. Van Oord’s cable-laying vessel Nexus and trencher Dig-It, a remotely-operated vehicle operated from Subsea Viking, have installed a web of 69 inter-array ca

about 3 years ago
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