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Eastern Pacific Shipping (EPS)
Business Developments & Projects

U.S. lays the blame for drone strike on oil tanker off Oman at Iran’s door

Following a drone attack on an oil tanker off the coast of Oman, the U.S. Central Command has put the blame on Iran.

about 3 years ago
Alfa Laval PureSOx being assembled
Business Developments & Projects

Safe Bulkers returns to Alfa Laval for more scrubbers

Greek shipowner Safe Bulkers has placed an order for additional Alfa Laval PureSOx exhaust gas cleaning systems bringing the number of vessels to be fitted with the systems to 25. The company has just installed its 21st PureSOx scrubber, and four more retrofits are scheduled through the first half o

about 3 years ago
World’s first promotional platform for financing green hydrogen launched in Germany
Business Developments & Projects

World’s first promotional platform for financing green hydrogen launched in Germany

German state-owned investment and development bank KfW has launched the world’s first financing platform for tailored financing of infrastructure for green hydrogen and its derivatives. Together with the Federal Ministry for Economic Cooperation and Development (BMZ) and the Federal Ministry for Eco

about 3 years ago
WATCH: 'Record-breaking' FPSO decom ops winding down in Norway
Business Developments & Projects

WATCH: ‘Record-breaking’ FPSO decom ops winding down in Norway

The semi-submersible heavy transport vessel Xin Guang Hua, owned by China’s COSCO Shipping, has completed the float-on and load-in operation of a floating, production, storage and offloading unit (FPSO) set to be decommissioned, an operation that is believed to have set a new world record. Xin Guang

about 3 years ago
CMES, DNV
Business Developments & Projects

CMES, BHP and DNV to share voyage data to cut maritime carbon emissions

China Merchants Energy Shipping (CMES), BHP and DNV have signed a Memorandum of Understanding (MOU) to collaborate on industry value chain greenhouse gas (GHG) management. The signing took place in conjunction with the second World Maritime Merchants Forum in Hongkong, organized by CMES. The MOU see

about 3 years ago
Seadrill makes a comeback on Oslo Stock Exchange
Business Developments & Projects

Seadrill makes a comeback on Oslo Stock Exchange

After months of absence, Seadrill, an offshore drilling contractor, has returned to the Oslo Stock Exchange (OSE).

about 3 years ago
Saipem rigs get new drilling jobs worth $800 million
Business Developments & Projects

Saipem rigs get new drilling jobs worth $800 million

Saipem has secured multiple new drilling deals in the Middle East and West Africa, which are worth approximately $800 million.

about 3 years ago
MSC Seascape; Image credit: Fincantieri
Business Developments & Projects

Fincantieri delivers MSC Seascape, the largest and most technologically-advanced ship built in Italy

Italian shipbuilder Fincantieri has handed over MSC Seascape to MSC Cruises at a ceremony held at Fincantieri’s yard in Monfalcone. MSC Seascape is the second ship of the Seaside EVO class, an evolution of the Seaside class and joins the sister ships MSC Seaside and MSC Seaview, which entered servic

about 3 years ago
Esvagt/Ørsted
Business Developments & Projects

Half of the vessels ordered by Danish shipping companies can sail on green fuel

Danish shipping companies have 51 new vessels under construction, and 25 of them can sail on green fuels, according to a new analysis from Danish Shipping, a trade and employer organisation for more than 90 shipowners and offshore companies. Right now, there is a total of orders for 51 new vessels f

about 3 years ago
INEOS picks structural integrity analysis provider for North Sea platforms
Business Developments & Projects

INEOS picks structural integrity analysis provider for North Sea platforms

UK-based oil and gas company INEOS has awarded energy services company Kent with a framework contract for the delivery of structural integrity analysis modeling services for its offshore facilities. Under the three-year contract, Kent will deliver the full suite of structural analysis services for I

about 3 years ago
Valaris rig sets off to Mexico for upcoming drilling jobs
Business Developments & Projects

Valaris rig sets off for Mexico to tackle upcoming drilling gigs

Valaris has revealed that one of its rigs has completed its assignment in the U.S. Gulf of Mexico (GOM) with Murphy Oil and moved to Mexico.

about 3 years ago
Maersk
Business Developments & Projects

Maersk inks green methanol deal with Carbon Sink

Danish container shipping major A.P. Moller – Maersk has entered into a green methanol partnership with U.S.-based project developer Carbon Sink LLC. The parties have signed a Letter of Intent covering Carbon Sink’s development of green methanol production facilities in the United States. The first

about 3 years ago
L to R: Jeremy Smith; Keith Murray (Courtesy of QED Naval)
Business Developments & Projects

QED Naval collects over €1.7 million as tidal power picks up pace

QED Naval, a Scotland-based tidal energy company, has secured over €1.7 million of funding with 1,152 investors taking part in its Seedrs crowdfunding campaign.

about 3 years ago
UK firm backs 'major' North Sea operator with casing integrity solution
Business Developments & Projects

UK firm backs ‘major’ North Sea operator with casing integrity solution

UK-headquartered well integrity and production optimization firm Coretrax has completed a multi-product project for a “major” North Sea operator said to have eliminated the need for a casing string to be replaced. The project, which saw the delivery of a casing integrity solution, included the ident

about 3 years ago
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