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Carisbrooke Shipping
Business & Finance

Carisbrooke Shipping trials Grafmarine’s solar energy cells

UK-based shipping company Carisbrooke Shipping has partnered up with Grafmarine, a compatriot manufacturer of modular clean energy generation, storage, and power management solutions, to pilot solar energy cells on a Carisbrooke vessel. Grafmarine’s NanoDeck AI Solar tile management solution is a mo

about 3 years ago
FSRU Golar Tundra arrives in Piombino as Snam readies to launch new LNG terminal
Business Developments & Projects

FSRU Golar Tundra arrives in Piombino as Snam readies to launch new LNG terminal

Italian energy company Snam has completed docking operations for floating storage and regasification unit (FSRU) Golar Tundra in the port of Piombino. According to Snam’s social media update, the docking operations were safely completed on Sunday, 19 March as the company expects to put the FSRU into

about 3 years ago
Thames Freeport fully operational after final green light from UK Government
Ports & Logistics

Thames Freeport fully operational after final green light from UK Government

The Thames Freeport has been given the go ahead to formally constitute its board and start operating fully, following the approval of the final business case by the UK Government.

about 3 years ago
Welsh First Minister Mark Drakeford (Courtesy of the Welsh government)
Authorities & Government

Wales launches €850K tidal lagoon challenge

Welsh First Minister Mark Drakeford has announced £750,000 (€850,000) for research projects focusing on deployment of tidal lagoon technology as part of Tidal Lagoon Challenge.

about 3 years ago
Shipbreaking
Business Developments & Projects

Wreckdock sets sights on recycling up to 52 ships annually in its new facility

Wreckdock, a Jubail-based offshore vessel recycling company, has revealed plans to develop a safe and sustainable facility in Saudi Arabia for the circular demolition of vessels. The company plans to build four drydocks from 350 meters to 500 meters long with eight quays equipped with heavy-duty cra

about 3 years ago
Floatel Endurance; Source: Floatel International
Authorities & Government

Equinor all set to deploy Floatel’s unit at North Sea field

Norwegian offshore safety regulator has given Equinor consent to use one of Floatel’s semi-submersible accommodation and construction support vessels at a North Sea field off Norway.

about 3 years ago
Excelerate Energy adds $250 million term loan to acquire FSRU Sequoia
Business & Finance

Excelerate Energy adds $250 million term loan to acquire FSRU Sequoia

US-based LNG player Excelerate Energy has entered into an amended and restated senior secured credit agreement, including a $250 million term loan for the purchase of a floating storage and regasification unit (FSRU). In addition to the new $250 million term loan maturing on 17 March 2027, the credi

about 3 years ago
Olympic Subsea vessel gets to work with DeepOcean
Business & Finance

Olympic Subsea vessel gets to work with DeepOcean

DeepOcean has entered into a two-year time charter agreement with Olympic Subsea for a multi-purpose support vessel (MPSV) that will be deployed in the renewables and oil and gas industries. The agreement was signed for the MPSV Olympic Ares which will provide subsea inspection, maintenance, and rep

about 3 years ago
NAPA rolls out new CII simulation tool to fast-track energy-efficiency measures
IT & Software

NAPA rolls out new CII simulation tool to fast-track energy-efficiency measures

Finnish maritime software and data services provider NAPA has launched its CII Simulator, a module of the NAPA Fleet Intelligence platform, to support the industry in taking a proactive approach to the International Maritime Organisation’s (IMO) Carbon Intensity Indicator (CII).

about 3 years ago
Grimaldi
Business & Finance

Grimaldi-led JV takes majority stake in the Igoumenitsa Port Authority in €84M deal

The joint venture established by the companies Grimaldi Euromed S.p.A., Minoan Lines S.A., and Investment Construction Commercial And Industrial S.A. (EKEV SA) signed an agreement with the Hellenic Republic Asset Development Fund (HRADF), which manages the privatization of Greek ports, for the purch

about 3 years ago
OGCI, Stena, GCMD get ABS’ nod to use CO2 capture onboard oil tanker
Carbon Capture Usage & Storage

OGCI, Stena, GCMD get ABS’ nod to use CO2 capture onboard oil tanker

A consortium of global shipping organisations and the Oil and Gas Climate Initiative (OGCI) have received approval in principle (AiP) from the American Bureau of Shipping (ABS), the US ship certification agency, to use a carbon capture system onboard an oil tanker.

about 3 years ago
Ellen and Elly offshore platforms near Long Beach, California; Credit: Bureau of Safety and Environmental Enforcement
Business & Finance

Amplify Energy gets new COO

Amplify Energy Corp. has revealed the appointment of a new Chief Operating Officer (COO), who will assist the firm in bolstering its cash flow generation.

about 3 years ago
Illustration; Source: Shell
Authorities & Government

Shell unveils two energy scenarios with the world caught in security and climate woes’ grasp

Shell has revealed two energy security scenarios, exploring how the world could evolve and looking into the possible energy and climate outcomes that could come to pass in a world that has security in all its shapes and forms as a prevailing concern.

about 3 years ago
A photo of the white-red survey vessel EGS Ventus
Business Developments & Projects

EGS Survey to start work at Fred. Olsen Seawind and Vattenfall’s ScotWind site

The UK-headquartered company EGS Survey will carry out a survey campaign at the Muir Mhòr floating wind project site in Scotland, being developed by Fred. Olsen Seawind and Vattenfall. Starting next month, EGS Survey will be performing preliminary geophysical and environmental surveys using the vess

about 3 years ago
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