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Business Developments & Projects

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Proman Stena Bulk
Business Developments & Projects

Proman Stena Bulk: 1st methanol-powered tanker launched in China

Shipping joint venture Proman Stena Bulk has launched the Stena Pro Patria, the first of three 49,900 dwt methanol dual-fuel MR tankers that Proman and Stena Bulk are building together.

about 4 years ago
Venture Global LNG signs long-term LNG supply deal with Sinopec
Business Developments & Projects

Venture Global LNG signs long-term LNG supply deal with Sinopec

U.S. LNG export project developer Venture Global LNG has signed a deal with China Petroleum & Chemical Corporation (Sinopec) to provide China with four million tonnes of LNG a year for a period of 20 years.

about 4 years ago
Hartree Maritime inks $108 million loan to buy eco-friendly VLCC duo
Business Developments & Projects

Hartree Maritime inks $108 million loan to buy eco-friendly VLCC duo

Hartree Maritime Partners (HMP), the shipping affiliate of global energy and commodities firm Hartree Partners, has signed a $108 million debt finance facility to purchase two environmentally friendly very large crude carriers (VLCCs).

about 4 years ago
Wintershall Dea is using Scarabeo 8 rig for Nova drilling
Business Developments & Projects

Wintershall Dea embarks on last part of Nova campaign ahead of first oil

Wintershall Dea has begun the last part of the Nova drilling campaign from the Scarabeo 8 rig after originally starting about a year ago.

about 4 years ago
ABS
Business Developments & Projects

ABS, HHI, KSOE to work together on green hydrogen production, CCS

US classification society ABS, South shipbuilder Hyundai Heavy Industries (HHI) and its parent company Korea Shipbuilding and Offshore Engineering (KSOE) have unveiled two joint development projects (JDPs) to develop decarbonization technologies to support global sustainability ambitions.

about 4 years ago
An image rendering a floating wind turbine far offshore
Business Developments & Projects

Aker presents massive offshore wind-to-hydrogen project in Scotland at COP26

Aker Offshore Wind and Aker Clean Hydrogen, together with DNV, have used the COP26 conference to unveil a project utilising 10 GW of floating offshore wind capacity to power multiple floating installations which will produce green hydrogen for onwards transmission to a net-zero hydrogen refinery on

about 4 years ago
Lansdowne Barryroe
Business Developments & Projects

Providence all done with Barryroe site survey off Ireland

Providence Resources has completed the site survey at the K drilling location of the Barryroe field in the North Celtic Sea.

about 4 years ago
MOL
Business Developments & Projects

Japanese trio to develop large ammonia-powered ammonia carrier

Japanese shipping major Mitsui O.S.K. Lines (MOL) has joined forces with compatriot Namura Shipbuilding and Mitsubishi Shipbuilding to develop a large-size ammonia carrier powered by ammonia fuel.

about 4 years ago
Florida port to reduce marine carbon footprint with new mobile harbor cranes
Business Developments & Projects

Florida port to reduce marine carbon footprint with new mobile harbor cranes

The North American terminal operator LOGISTEC USA has placed an order for two new eco-efficient mobile harbor cranes from Finnish manufacturer Konecranes with the aim of reducing marine carbon footprint in Florida.

about 4 years ago
Cairn Energy
Business Developments & Projects

Cairn Energy plans to change its name

Oil and gas company Cairn Energy has revealed plans to change its company name effective from 13 December 2021.

about 4 years ago
Noble Joe Knight
Business Developments & Projects

Noble sells four Saudi rigs to ADES

Offshore drilling contractor Noble Corporation has completed the sale of four jack-up rigs to a subsidiary of ADES International Holding.

about 4 years ago
Maersk Interceptor jack-up rig
Business Developments & Projects

Maersk wins new gig for warm-stacked rig, boasts second-highest quarterly revenue since listing

Maersk Drilling has revealed a new contract award for one of its jack-up rigs as well as details on its quarterly financial performance.

about 4 years ago
CMA CGM
Business Developments & Projects

CMA CGM to become sole owner of Los Angeles terminal

French container shipping giant CMA CGM has agreed to buy a majority stake in Fenix Marine Services (FMS), one of the largest terminals in the Port of Los Angeles that provides container handling services to shipping lines.

about 4 years ago
METIS updated data-acquistion system boosts digital shipping
Business Developments & Projects

METIS updated data-acquistion system boosts digital shipping

Maritime data analytics company METIS Cyberspace Technology has introduced an upgraded version of its automated data-acquisition system, Ship Connect.

about 4 years ago
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