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COSCO
Business Developments & Projects

COSCO Shipping’s green and smart terminal in Peru begins operation

COSCO Shipping Chancay Peru Terminal, the Chinese shipping major’s first green and smart port investment in South America, has commenced operation.

about 1 year ago
Deepsea Bollsta rig; Source: Equinor
Business & Finance

Odfjell Drilling-managed rig going back to Europe for multimillion-dollar work in Norwegian waters

Northern Ocean (NOL) has won a short-term gig with an undisclosed operator and a long-term assignment with Norway’s energy giant Equinor on the Norwegian Continental Shelf (NCS) for a semi-submersible rig, which is currently in Africa.

about 1 year ago
Maersk
Business Developments & Projects

Epson teams up with Maersk to cut emissions from inbound ocean transportation

As part of its EPSON 25 Renewed initiative, Epson is charting a decarbonization pathway, with carbon-free logistics a key focus in achieving its aims.

about 1 year ago
European JV getting ready for installation of subsea cables for two Senegalese links (Photos)
Authorities & Government

European JV getting ready for installation of subsea cables for two Senegalese links (Photos)

A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has made progress in preparation for the installation of subsea power cables for two links that are part of a program that aims to revolutionize Senegal’s power infrastructure and provide sustainable electricity to millions of people.

about 1 year ago
Maersk ticks first large containership methanol conversion off the list
Business Developments & Projects

Maersk ticks first large containership methanol conversion off the list

After 88 days at the Zhoushan Xinya Shipyard in China, the conversion of Maersk Halifax, a 14,000 TEU containership owned by Danish shipping giant A.P. Moller–Maersk, into a methanol dual-fuel vessel has been completed, enabling the ship to return to operation. As part of what was described as the i

about 1 year ago
Call issued for renewables investments in Africa
Authorities & Government

Call issued for renewables investments in Africa

European Commission President Ursula von der Leyen and South African President Cyril Ramaphosa have launched the global campaign ‘Scaling up Renewables in Africa’ during the Global Citizen NOW event in Rio de Janeiro, Brazil.

about 1 year ago
Large-scale LNG plant within Sakhalin II project; Source: Gazprom
Authorities & Government

Russian gas and LNG play ‘major’ part in global energy security, Gazprom says

Russia’s giant Gazprom has highlighted the contributions its gas is making to oil the wheels of global energy security while discussing the size of the hand its gas and liquefied natural gas (LNG) supplies have in the worldwide energy mix.

about 1 year ago
MSC
Business & Finance

MSC gets all regulatory green lights for HHLA acquisition

Swiss MSC Mediterranean Shipping Company, the world’s largest container shipping company, has received all regulatory approvals to participate in the ownership structure of Germany’s logistics provider Hamburger Hafen und Logistik Aktiengesellschaft (HHLA).

about 1 year ago
LNG bunkering vessel
Vessels

K Line’s LNG bunkering vessel achieves 100th STS bunkering operation

The liquefied natural gas (LNG) bunkering vessel Kaguya, owned by Japanese shipping company K Line through a joint venture, has achieved its 100th ship-to-ship LNG bunkering operation in Mikawa Bay.

about 1 year ago
Var jack-up rig; Source: Seatrium
Business & Finance

Borr Drilling takes delivery of newbuild rig from Seatrium ahead of schedule

Seatrium has delivered another newbuild jack-up rig earlier than expected to Borr Drilling. This handover of the final unit in a multi-rig series is said to have been completed almost a year before it was due.

about 1 year ago
Four men standing behind a desk on stage
Business Developments & Projects

Malaysia and China fostering oil & gas and LNG collaboration

Two state-owned companies, Malaysia’s Petronas and China’s China National Petroleum Corporation (CNPC), have signed a memorandum of understanding (MoU) for strategic cooperation in the oil and gas and liquefied natural gas (LNG) arena.

about 1 year ago
Green light from Ofgem for 2 GW subsea electricity superhighway
Authorities & Government

Green light from Ofgem for 2 GW subsea electricity superhighway

UK energy market regulator Ofgem has greenlit the Eastern Green Link 1 (EGL1) electricity superhighway by awarding a £2 billion funding package for the construction of the project. The 2 GW EGL1 HVDC multi-directional cable is being developed by National Grid Electricity Transmission (NGET) and SP T

about 1 year ago
Cargotec
Outlook & Strategy

Cargotec bids farewell to MacGregor in a $507M deal, casts net toward future

Helsinki-headquartered Cargotec Corporation has made the decision to let go of its MacGregor business area to funds managed by Luxembourg’s mid-market sector-specialist Triton for an enterprise value of €480 million (circa $507 million) to support the growth of the corporation’s load-handling equipm

about 1 year ago
NCT Offshore, Poseidon Cables to install inter-array links at Taiwanese offshore wind project
Project & Tenders

NCT Offshore, Poseidon Cables to install inter-array links at Taiwanese offshore wind project

Poseidon Cables, a UK-based company specialised in subsea cable installation, termination and testing, has secured a contract with Norwegian subsea services provider NCT Offshore for work on Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farms in Taiwan. Last year, NCT Offshore was awarded th

about 1 year ago
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