Atlas Corporation, the owner of the world’s largest lessor of containerships, Seaspan Corporation, has received an increased bid for all of its outstanding shares from the Poseidon Acquisition Corp. The consortium, composed of David L. Sokol, Chairman of the Board of Directors of Atlas Corp., affili
BP has awarded a long-term deal for its offshore assets in the U.S. Gulf of Mexico to GW Integrated Solutions LLC (GWIS).
UK-based HydroSurv has moved into new facilities in order to deliver expansion in production capacity for its uncrewed surface vessels (USVs) used for hydrographic and environmental data collection. HydroSurv said that the expansion of production facilities comes as a move to meet the demand for USV
Greek cable manufacturer Hellenic Cables has won a tender for the supply and installation of a cable system that will run between the offshore and onshore substations at one of Europe’s new offshore wind grid connections. The company was selected by the German transmission system operator (TSO), 50H
Over the past couple of years, the maritime industry stakeholders have stepped up their sustainability efforts by producing their ESG strategies and starting to publish their first sustainability reports. Over the board, the companies agree they need to decarbonize their operations at least by 2050,
GKinetic Energy has completed the testing of its 12kW unit at Strangford Lough, making major technical, commercial and environmental progress that will help fast-track the commercial uptake of its clean energy technology.
ONE-Dyas and its matrners made a final investment decision for the development of a gas field in the North Sea.
UAE-headquartered Gulf Marine Services (GMS) has secured a new long-term contract for one of its large-size class vessels.
Polish gas transmission system operator (TSO) GAZ-SYSTEM and its Danish partner Energinet have held the opening ceremony for the Baltic Pipe project at the gas compressor station in Goleniów. Energinet recently announced that the Baltic Pipe gas pipeline can be put into full operation from the end o
Russia’s largest shipping company PAO Sovcomflot and compatriot oil company PAO Gazprom Neft have carried out the first-ever bunkering of a marine vessel with liquified natural gas (LNG) in the history of the country’s transport industry. The bunkering operation involved Sovcomflot’s crude oil tanke
Japan’s Imabari Shipbuilding Co and Hitachi Zosen Corporation have signed an agreement on the acquisition of a 35 percent stake in the marine engine business that would be spun off from Hitachi Zosen. Hitachi Zosen, which has been working in the marine engine sector since 1940 as the only licensee o
The Testing Expertise and Access for Marine Energy Research (TEAMER) program, supported by the US Department of Energy (DOE), has extended the deadline for its eighth call for applications.
Karoon Energy has decided to postpone intervention activities on the fourth well at a field, located offshore Brazil.
The International Maritime Organization (IMO) is shining a spotlight on the role of emerging technologies to support a green transition of the maritime sector into a sustainable future.
