APM Terminals Apapa, Nigeria’s largest container terminal, has invested $438 million to upgrade its facility with modern cargo handling equipment since it won the concession of the terminal in 2006.
Norwegian marine survey contractor Argeo has signed an agreement with an undisclosed client to provide autonomous underwater vehicle (AUV) services in the Brazilian oil and gas sector. The project is scheduled to commence early in the first quarter of 2022 and includes the possibility of being exten
South Korean shipyard Samsung Heavy Industries (SHI) has independently developed a new mooring system for floating LNG production, storage, and unloading facilities (FLNG).
Petronas and Posco have joined forces to collaborate on evaluating and exploring CCS potential in Malaysia.
Classification society RINA has granted Approval in Principle (AiP) to the first European branch of China Merchant Group, CMIT Europe, for its weather independent shuttle tanker (WIST).
Following a 20-week retrofit, Marilyn Bell I ferry is now the first electric ferry service in Canada to be powered by a zero-emission, lithium-ion power and propulsion system containing no diesel components.
TotalEnergies and Petronas have increased their pre-salt portfolio, following successful bids on Petrobras -operated fields, offshore Brazil.
Antwerp Port Authority has asked Witteveen+Bos to investigate the possibility of deepening and relocating the Europaterminal quay wall. The purpose of deepening the Europa Terminal is to accommodate ships with a larger draught. Hydraulic, sedimentological and morphological studies were conducted as
11 out of 23 ship finance portfolios are aligned with the International Maritime Organization’s (IMO) decarbonization target. In 2020, only 20% of reporting signatories were aligned with this goal, according to a new Poseidon Principles report.
SBM Offshore has secured a $620 million loan for the construction of the FPSO, which will be deployed at the Mero field offshore Brazil.
In its first environmental, social, and governance (ESG) strategy, Finnish shipping company ESL Shipping has revealed its target to achieve net zero CO2 operations by 2050.
Japanese shipping firm Mitsui O.S.K. Lines (MOL) and its compatriot maritime technology company JRCS are planning to jointly research the use of AI-based object recognition technology to support watchkeeping aboard vessels.
Maersk Drilling and Aker BP have agreed to renew a frame agreement for two jack-up rigs. The estimated value of this deal is around $1 bln.
Wood has secured contracts worth around $160 million with several companies – including Shell and Dana Petroleum – for ops in the UK North Sea.
