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Business Developments & Projects

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TradeLens
Business Developments & Projects

TradeLens blockchain platform welcomes two new Asian partners

Earlier this month, digital freight forwarder Shipwaves and SAGT, the first public private partnership (PPP) container terminal in Sri Lanka, joined TradeLens, a blockchain-based digital container logistics platform jointly developed by A.P. Moller – Maersk and IBM.

about 6 years ago
bulker
Business Developments & Projects

Castor Maritime buys its 5th bulker

Cyprus-based dry bulk vessel owner Castor Maritime has entered into an agreement to purchase a 2010 Japan-built bulker.

about 6 years ago
Eni CEO Claudio Descalzi
Business Developments & Projects

Eni slips to loss, cuts capex

Eni went from a profit in the second quarter of 2019 to a loss in the same period this year hit by the combined effects of the coronavirus pandemic and the oil price crisis.

about 6 years ago
Geoquip gears for Arklow Bank geotechnical survey
Business Developments & Projects

Geoquip gears for Arklow Bank geotechnical survey

A geotechnical survey will be carried out in the Irish Sea to provide site investigation information to facilitate the development of the Arklow Bank Wind Park. Weather depending, survey work should start in either late August or early September 2020 and wrap up by the end of November 2020. The loca

about 6 years ago
Latest Dutch offshore wind farm comes with a bag of tricks
Business Developments & Projects

Latest Dutch offshore wind farm comes with a bag of tricks

The 759 MW Hollandse Kust (noord) offshore wind farm will include five technology demonstrations that could be implemented at full-scale in the future, CrossWind, the consortium developing the wind farm, said. These include a floating solar park, short-term battery storage, wind turbines that are op

about 6 years ago
Siemens Gamesa turbines for Hollandse Kust (noord)
Business Developments & Projects

Siemens Gamesa turbines for Hollandse Kust (noord)

The CrossWind consortium has opted for Siemens Gamesa’s SG 11.0-200 DD wind turbines for the 759 MW Hollandse Kust (noord) wind farm in the Dutch North Sea. According to the winning bid submitted by the consortium of Shell and Eneco, the wind farm will feature 69 Siemens Gamesa wind turbines, the Du

about 6 years ago
Jacksonville
Business Developments & Projects

JAXPORT gets additional $75 million for harbor deepening

The Jacksonville City Council has unanimously awarded the Jacksonville Port Authority (JAXPORT) $75 million for the ongoing harbor deepening project.

about 6 years ago
Minesto Faroe Islands DG100
Business Developments & Projects

Another delay for Minesto’s Faroe Islands launch

Swedish marine energy developer Minesto has seen another setback on its tidal energy project in Vestmannasund, Faroe Islands. During the initial commissioning phase of its DG100 tidal energy converter, a mechanical failure occurred in the powerplant’s mooring interface and denied further operations.

about 6 years ago
Van Oord to build Hollandse Kust (noord)
Business Developments & Projects

Van Oord to build Hollandse Kust (noord)

The CrossWind consortium of Shell and Eneco has selected Van Oord as the Balance of Plant contractor for the Hollandse Kust (noord) offshore wind project. As the Balance of Plant contractor, Van Oord’s activities encompass the engineering, procurement, construction, and installation of the foundatio

about 6 years ago
Shell CEO Ben van Beurden
Business Developments & Projects

Shell books $18 billion loss on huge impairment charges

Shell booked a loss of $18.1 billion in the second quarter of 2020 due to huge impairments as it cut its price outlook in response to the coronavirus pandemic and the oil price crisis.

about 6 years ago
Impairments deepen Total's Q2 loss
Business Developments & Projects

Total logs profit despite COVID-19 effects

Total reported a 96 per cent drop in adjusted profit for the second quarter of 2020 due to lower prices and COVID-19 effects.

about 6 years ago
Total sells Gabon assets to Perenco
Business Developments & Projects

Total sells Gabon assets to Perenco

French oil major Total has decided to divest its portfolio of mature non-operated assets located offshore Gabon to Perenco.

about 6 years ago
Siemens Gamesa shines offshore, struggles onshore
Business Developments & Projects

Siemens Gamesa shines offshore, struggles onshore

Wind turbine manufacturer Siemens Gamesa posted € 466 million net loss in the third quarter of FY 2020, attributed largely to the effects of the COVID-19 pandemic and challenges in the onshore segment. Between April and June, Siemens Gamesa recorded revenues of € 2.411 billion, an eight percent decl

about 6 years ago
Karoon Energy CEO Robert Hosking
Business Developments & Projects

Karoon CEO to retire after 16 years at the helm

Karoon Energy’s founder and long-standing CEO and Managing Director, Robert Hosking, is retiring from the company at the 2020 Annual General Meeting.

about 6 years ago
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