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Smart Green Shipping, NTS to collaborate on new wing sail designs
Business Developments & Projects

Smart Green Shipping, NTS to collaborate on new wing sail designs

UK shipping solutions provider Smart Green Shipping and nuclear transport solutions supplier Nuclear Transport Solutions (NTS) have joined hands to assess the technical, commercial and environmental viability of using 21st-century wing sail designs for commercial ships.

about 3 years ago
Saipem completes subsea production network for oilfield project offshore Angola
Business & Finance

Saipem completes subsea production network for Angolan oilfield project

Italian oilfield services provider Saipem has completed works for the subsea production network for Azule Energy’s Agogo field development project offshore Angola. Saipem reported on 2 June that its team had completed the subsea production network for the Early Phase 2 development of the Agogo field

about 3 years ago
Dogger Bank A substation topside
Business Developments & Projects

DEME awards Dogger Bank A cable termination & testing contract

Correll Group, Cable Installation & Power Services Division has been contracted by DEME Offshore to complete the inter-array cable termination and testing on wind turbines and the offshore substation platform on the first phase of the Dogger Bank offshore wind farm in the UK. The 3.6 GW Dogger Bank

about 3 years ago
NFE receives Mexico export permit for its Altamira Fast LNG project
Authorities & Government

NFE receives Mexico export permit for its Altamira Fast LNG project

US energy company New Fortress Energy (NFE) has received an export permit for its Altamira Fast LNG facility from Mexico’s Ministry of Energy (SENER). Under the permit, NFE said it is authorised to export up to 7.8 million metric tonnes through April, 2028, providing ample capacity to support the op

about 3 years ago
Port of Antwerp-Bruges sees its very first methanol bunkering
Business Developments & Projects

Port of Antwerp-Bruges sees its very first methanol bunkering

Belgium’s Port of Antwerp-Bruges has witnessed its very first methanol bunkering on its journey to becoming a multi-fuel port. This first methanol bunkering operation took place on 1 June when 475 mT of methanol was bunkered from barge Tamariva to Proman Stena Marine at Sea-invest’s terminal. Proman

about 3 years ago
NAGA 2 rig; Source: Velesto Energy
Business & Finance

New drilling assignment for Velesto jack-up rig

Velesto has secured work with an estimated combined contract value of $10.9 million for one of its jack-up drilling rigs.

about 3 years ago
Safe Bulkers
Authorities & Government

INTERCARGO warns against regulating shipping in isolation

As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t

about 3 years ago
Congo and Technip Energies ink energy cooperation agreement
Authorities & Government

Congo and Technip Energies ink energy cooperation agreement

Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both

about 3 years ago
Zulu 4
Automation

Kongsberg Maritime wraps up another autonomous op

Kongsberg Maritime has completed a live trial of autonomous shipping technology in Bornem, Belgium, demonstrating the progress the company has made in fully autonomous systems. The test vessel, Zulu 4, an inland waterway barge owned by Blue Line Logistics NV, is equipped for remote-operated and auto

about 3 years ago
Samsung Heavy Industries pens $172mln deal for crude carrier duo
Vessels

Samsung Heavy Industries pens $172mln deal for crude carrier duo

South Korean shipbuilder Samsung Heavy Industries (SHI) has signed a contract for the construction of two crude carriers.

about 3 years ago
CorPower and WavEC deliver environmental monitoring program for HiWave-5
Business & Finance

CorPower and WavEC deliver environmental monitoring program for HiWave-5

Swedish company CorPower Ocean is collaborating with Portugal-based WavEC Offshore Renewables to deliver an environmental monitoring program with the goal of verifying the environmental impact of its wave energy technology. Phase one which included underwater noise baseline campaigns has been conclu

about 3 years ago
Northern Lights
Business Developments & Projects

Northern Lights CCS project in full swing with all CO2 storage tanks installed

All twelve CO2 storage tanks for the Northern Lights carbon capture and storage (CCS) project, a joint venture (JV) of energy majors Shell, Equinor and TotalEnergies, have been installed at the project’s CO2-receiving facilities in Øygarden, Norway. Northern Lights JV revealed the construction miles

about 3 years ago
IDTechEx: Methane pyrolysis and turquoise H2 should not be overlooked
Market Outlooks

IDTechEx: Methane pyrolysis and turquoise H2 should not be overlooked

In its market report “Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,” technology company IDTechEx explores the topic of turquoise hydrogen and delves into the various methane pyrolysis technologies, their benefits, drawbacks and the key commercial activities shapin

about 3 years ago
Lauritzen
Business & Finance

BW Epic Kosan nabs 1st sustainability-linked loan

Singapore-based ship owner and operator BW Epic Kosan has secured its first sustainability-linked loan, valued at up to $140 million. The company plans to use the loan to refinance 19 vessels, while an additional acquisition line of $20 million will support potential growth opportunities. The loan i

about 3 years ago
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