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Business Developments & Projects

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Sea Cargo Charter
Business Developments & Projects

Sea Cargo Charter: Industry giants disclose climate impact of their shipping activities

For the first time, some of the world’s largest energy, agriculture, mining, and commodity trading companies publish the climate alignment of their shipping activities and gain access to new data that will allow them to work with their business partners in driving carbon efficiency and reductions an

about 4 years ago
Equinor comes on board Mærsk Mc-Kinney Møller zero carbon centre to speed up maritime decarbonisation
Business Developments & Projects

Equinor comes on board Mærsk Mc-Kinney Møller Center in push to speed up shipping decarbonisation

Equinor has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping on its journey to accelerate the decarbonisation of shipping.

about 4 years ago
Altera and Ocyan JV hired to operate platform duo in Brazil
Business Developments & Projects

Altera and Ocyan JV hired to operate platform duo in Brazil

A JV between Altera Infrastructure and Ocyan has secured a new contract for the maintenance and operations of two units located in waters offshore Brazil.

about 4 years ago
BP
Business Developments & Projects

BP to lead, operate Aussie renewables & green hydrogen energy hub

British oil and gas company BP has agreed to acquire a 40.5 per cent equity stake in the Asian Renewable Energy Hub (AREH) in Pilbara, Western Australia.

about 4 years ago
CorPower launches its first commercial-scale wave energy converter
Business Developments & Projects

CorPower launches its first commercial-scale wave energy converter

CorPower Ocean has unveiled its first commercial-scale wave energy converter (WEC) – the C4 – alongside the new CorPack concept providing the building blocks for future utility-scale wave energy farms.

about 4 years ago
Meyer Turku
Business Developments & Projects

Construction starts on TUI Cruises’ methanol-ready cruise ship

Finnish shipbuilding company Meyer Turku has held a steel-cutting ceremony for Mein Schiff 7, the latest cruise ship to be built for German TUI Cruises, a joint venture between TUI and Royal Caribbean Group.

about 4 years ago
Norwegian big shots establish remote operations partnership
Business Developments & Projects

Norwegian big shots establish remote operations partnership

The Norwegian Solstad Offshore, DeepOcean and Østensjø have teamed up to fast-track the adoption of remotely managed services with the aim of reducing operating costs and emissions for the offshore energy industry. The companies have established two joint ventures (JVs) to support the remote operati

about 4 years ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal
Business Developments & Projects

Freeport LNG outage to last months due to damage in fire incident

Freeport LNG has said that the shutdown of its Quintana Island liquefaction facility will last longer than expected following a fire incident earlier this month.

about 4 years ago
Irish marine energy developers invited to test their technology free of charge
Business Developments & Projects

Irish marine energy developers invited to test their technology free of charge

The Sustainable Energy Authority of Ireland (SEAI), together with the country’s national ocean test centre Lir NOTF, is again offering free-of-charge access to the research and testing facilities for offshore renewable energy (ORE) developers. The access programme to the Lir NOTF is designed to enab

about 4 years ago
Tata Steel
Business Developments & Projects

Tata Steel, Van Dam Shipping join forces to develop hydrogen-fueled vessel

Indian steel-making company Tata Steel has entered into an agreement with Dutch firm Van Dam Shipping to develop a hydrogen-powered vessel.

about 4 years ago
Norsepower
Business Developments & Projects

Norsepower wins Nefco funding to expand rotor sail production in China

Finland-based cleantech company Norsepower has secured financing from Nefco, the Nordic green bank, to expand the production of its auxiliary wind propulsion solution.

about 4 years ago
PXGEO
Business Developments & Projects

Petrobras hires PXGEO for more OBN work

Marine geophysical service provider PXGEO has secured a contract with Petrobras for a 3D ocean bottom node (OBN) survey in Brazil. The survey, to be acquired in water depths up to 2,200 metres, is scheduled to commence in late 2022, with a duration of approximately four months. According to the comp

about 4 years ago
Deep Driller 8 rig - Aban Offshore
Business Developments & Projects

India’s Aban gets rid of another rig

India’s offshore drilling contractor Aban Offshore has sold one of its jack-up rigs to UAE’s ADNOC Drilling.

about 4 years ago
IMO
Business Developments & Projects

IMO puts adoption of $5 billion maritime R&D fund on hold

The International Maritime Organisation held its Marine Environment Protection Committee (MEPC 78) meeting last week, taking, in the view of the shipping industry, only small steps towards decarbonising the sector.

about 4 years ago
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