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Methanol automation order for Jan De Nul's XL cable-layers goes to Finland
Business & Finance

Methanol automation order for Jan De Nul’s XL cable-layers lands in Finland

Valmet, a Finland-headquartered developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, has received an order for a marine methanol fuel automation control system for two cable-laying vessels (CLV) being built in China for Jan De Nul. The or

about 1 year ago
Tyra II; Source: TotalEnergies
Business & Finance

TotalEnergies winding down commissioning ops at giant North Sea gas project

TotalEnergies has made progress in unlocking the full commissioning capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
It’s official: Nel to receive €135 million for industrialization of electrolyzer technology
Business & Finance

It’s official: Nel to receive €135 million for industrialization of electrolyzer technology

Norwegian company Nel has formally signed a €135 million grant agreement with the EU’s Innovation Fund to support the industrialization of its next-generation electrolyzer technology.

about 1 year ago
Wave energy developer Eco Wave Power has started infrastructure upgrades at its 1 MW wave energy project in Porto, Portugal.
Business Developments & Projects

Eco Wave Power advances infrastructure work for Portugal wave energy project

Wave energy developer Eco Wave Power has started infrastructure upgrades at its 1 MW wave energy project in Porto, Portugal. According to Exo Wave Power, the work focuses on preparing “The Gallery,” a breakwater tunnel, to install wave energy conversion equipment. The company is clearing sand and de

about 1 year ago
Thecla Bodewes: Keel laid for Navigare Shipping’s first diesel-electric Gadus vessel
Business Developments & Projects

Thecla Bodewes: Keel laid for Navigare Shipping’s first diesel-electric Gadus vessel

Dutch shipbuilder Thecla Bodewes Shipyards has laid the keel for the first diesel-electric multi-purpose dry cargo vessel ordered by Norway-based company Navigare Shipping & Logistics.

about 1 year ago
TDI-Brooks wraps up geotechnical gig at Trinidad and Venezuela’s joint gas project
Business & Finance

TDI-Brooks wraps up geotechnical gig at Trinidad and Venezuela’s joint gas project

U.S.-headquartered TDI-Brooks has completed a third-party geotechnical coring project offshore Trinidad and Tobago for Geohidra, a Venezuelan company. The operation was carried out from the Dragon Field offshore Venezuela to the Shell-operated Hibiscus platform off Trinidad and Tobago’s North Coast,

about 1 year ago
FPS Shenandoah; Source: COSCO Shipping & Guangzhou Salvage Heavy Transport (CSGS)
Business & Finance

America’s deepwater project edging closer to first oil as FPS reaches Gulf Coast

Beacon Offshore Energy is closing in on the first oil from its deepwater project in the Gulf of Mexico/Gulf of America, as a floating production system (FPS) has come to the Gulf Coast of Texas, U.S.

about 1 year ago
COSCO
Vessels

COSCO unveils latest unit in its 77,000 dwt multipurpose vessel fleet

COSCO Shipping Specialized Carriers, a unit of China’s COSCO Shipping Group, recently held a christening ceremony for its newest eco-friendly 77,000 dwt multipurpose pulp carrier Green Qingdao. As disclosed, the company marked the delivery of the newbuilding on February 19, 2025 at the COSCO Shippin

about 1 year ago
Conquest MB1; Source: Marine Masters
Business & Finance

Dutch firm in charge of putting two offshore oil platforms in place by mid-May

Marine Masters has been handpicked to handle the installation works for two offshore wellhead platforms in the Gulf of Kutch for SunPetro, said to be India’s second-largest private oil producer.

about 1 year ago
Ichthys LNG booster compressor module (BCM) lifted and installed onto the Ichthys Explorer central processing facility (CPF); Source: Inpex Australia
Business & Finance

Heerema’s vessel done with Australian installation job to expand gas project’s production lifespan (Gallery)

Inpex has disclosed the end of a miles-long journey, which Heerema Marine Contractors and its heavy lift vessel embarked on to transport a liquefied natural gas (LNG) booster compression module (BCM) from Indonesia to Australia, where it was put in place to up the production ante from a subsea reser

about 1 year ago
Costamare to spin off dry bulk business
Business & Finance

Costamare to spin off dry bulk business

Costamare, owner and provider of containerships and dry bulk vessels for charter, has revealed plans to spin off its dry bulk business.

about 1 year ago
Louis Dreyfus Armateurs
Business & Finance

InfraVia to take 80 pct stake in Louis Dreyfus Armateurs

InfraVia, a France-based private equity company has entered into negotiations with the Louis-Dreyfus family to acquire a majority stake in compatriot maritime firm Louis Dreyfus Armateurs (LDA).

about 1 year ago
Offshore platforms at sunset
Authorities & Government

US renews Serica’s North Sea field sanction exemption

UK-based upstream oil and gas player Serica Energy has secured an extension of a sanction waiver from the United States Office of Foreign Assets Control (OFAC) for its field in the UK sector of the North Sea.

about 1 year ago
Chidambaranar
Authorities & Government

India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port

India’s Chidambaranar Port Trust, said to be the ‘third largest’ container terminal in the country, has laid the first stone of India’s inaugural pilot-scale port decarbonization project centered around alternative fuel sources, Italian marine classification society RINA has shared. According to RIN

about 1 year ago
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