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TGS sees record-high OBN contract activity following merger with PGS
Business & Finance

TGS sees record-high OBN contract activity following merger with PGS

Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity le

about 1 year ago
Eco-friendly PCTC Höegh Aurora makes its first port call in Hamburg
Green Marine

Eco-friendly PCTC Höegh Aurora makes its first port call in Hamburg

Höegh Autoliners’ first of twelve multi-fuel Aurora-class pure car and truck carriers (PCTCs) has made its first port call in Hamburg.

about 1 year ago
Seaspan inks charter deal with OOCL for new eco-friendly 13,600 TEU boxships
Vessels

Seaspan inks charter deal with OOCL for new eco-friendly 13,600 TEU boxships

Hong Kong-based containership lessor Seaspan Corporation has signed a charter agreement Orient Overseas Container Lines (OOCL) for six 13,600 TEU containerships recently ordered at Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC).

about 1 year ago
Ashtead Technology has signed an agreement with Acteon Group to acquire Seatronics and J2 Subsea for £63 million (approximately $81.6 million)
Business & Finance

Ashtead Technology buys two firms from Acteon in deal worth nearly $82 million

UK-headquartered subsea equipment rental and solutions provider Ashtead Technology has signed an agreement with Acteon Group to acquire Seatronics and J2 Subsea for £63 million (approximately $81.6 million), expanding its subsea survey and robotics rental portfolio by 30%. The acquisition expands A

about 1 year ago
climate change
Outlook & Strategy

Climate change is the first and foremost priority for European ports, report shows

Climate change has maintained its position as the foremost environmental concern for European ports, a new report found.

about 1 year ago
‘Challenging conditions’ prompt Neste to discontinue initial green hydrogen project at Porvoo refinery
Business & Finance

‘Challenging conditions’ prompt Neste to discontinue initial green hydrogen project at Porvoo refinery

Amid “challenging market conditions and financial performance”, Finnish oil refining and marketing company Neste has decided to re-evaluate its plans for renewable hydrogen production and withdraw from investing in a 120 MW electrolyzer at its Porvoo refinery. Originally, Neste’s plan included build

about 1 year ago
TES teams up with Japanese equity fund to scale e-NG production
Business & Finance

TES teams up with Japanese equity fund to scale e-NG production

Tree Energy Solutions (TES), a Belgium-based producer of electric natural gas derived from green hydrogen (e-NG), and Advantage Partners (AP), a Japanese private equity fund, are in discussions to explore potential investments in TES’ e-NG projects.

about 1 year ago
EU-backed project to support decarbonization through ‘innovative’ decision-making system
Business Developments & Projects

EU-backed project to support decarbonization through ‘innovative’ decision-making system

A consortium, including Finnish technology group Wärtsilä, has set sights on the development of a new system for the maritime industry that is aimed at improving access to reliable data to enable smarter shipping decisions related to decarbonizing fleet operations. The project, named ‘TwinShip’*, is

about 1 year ago
Van Oord’s hybrid cable layer debuts at RWE's 1.4 GW offshore wind farm
Business & Finance

Van Oord’s hybrid cable layer debuts at RWE’s 1.4 GW offshore wind farm

Van Oord’s new, next-generation cable-laying vessel (CLV) Calypso has begun installing cables at its first offshore wind project, marking its official debut. Calypso’s first project is RWE’s Sofia offshore wind farm, being constructed on Dogger Bank in the central North Sea, 195 kilometers from the

about 1 year ago
Damen
Ports & Logistics

Damen hands over eco-friendly freighter to German company, confirms additional newbuild contract

The Netherlands’ Damen Shipyards Group has delivered the first of three combi freighters (CF) 3850 that it is building for Germany’s shipping company Reederei M. Lauterjung and signed a contract for the construction of another vessel from the series. As disclosed, upon arrival, the vessel, which was

about 1 year ago
Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project.
Business Developments & Projects

Floating solar systems to use recyclable materials in EU-backed project

Through its Construction Technology Center, Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project. This breakwater is designed to shield offshore floating photovoltaic (FPV) systems from harsh sea con

about 1 year ago
GTT lands tank design deal for new TotalEnergies-chartered LNG bunkering vessel
Business Developments & Projects

GTT lands tank design deal for new TotalEnergies-chartered LNG bunkering vessel

French technological containment specialist Gaztransport & Technigaz (GTT) has secured a new tank design order from Chinese shipyard Hudong-Zhonghua for a new LNG bunkering vessel being built for Ondimar Transportes Marítimos, a company of Spanish Ibaizabal Group. The order for the tank design of th

about 1 year ago
RTG
Business Developments & Projects

Japan: ‘First’ cargo handling ops using hydrogen-fueled RTG begin

First cargo handling operations using a hydrogen-fueled rubber-tired gantry (RTG) crane have begun in Japan.

about 1 year ago
Outer Harbor project site in February 2024; Source: Venice Energy
Business & Finance

US firm bankrolls its Singapore arm’s entrance into Australian LNG market

Nebula Energy will foot the bill for its majority-owned AG&P LNG to spread its wings into the Australian liquefied natural gas (LNG) arena with the acquisition of Venice Energy, a developer of an import terminal project in South Australia, which is said to be the world’s first floating LNG (FLNG) im

about 1 year ago
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