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Business Developments & Projects

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MARIC’s 12,800 CEU ammonia-fueled car carrier receives LR’s approval
Business Developments & Projects

MARIC’s 12,800 CEU ammonia-fueled car carrier receives LR’s approval

Lloyd’s Register (LR) has awarded approval in principle (AiP) to the Marine Design & Research Institute of China (MARIC) for a dual-fuel 12,800 CEU capacity pure car and truck carrier (PCTC) design.

about 2 years ago
European JV getting ready to kick off project seeking to revolutionize Senegal’s power infrastructure
Business Developments & Projects

European JV getting ready to kick off project seeking to revolutionize Senegal’s power infrastructure

A UK-Belgium joint venture established last year has begun vessel mobilization for a project in Senegal that is part of a program that aims to revolutionize the country’s power infrastructure and provide sustainable electricity to millions of people. Under a $200 million contract, UK’s Enshore Subse

about 2 years ago
EDRILL-3 semi-sub; Source: Keystone Offshore
Business Developments & Projects

Singaporean firm strikes deal to help Chinese drilling player go international

Singapore’s Keystone Offshore has signed an MOU with China’s CPOE forming a strategic alliance to elevate their offshore portfolios.

about 2 years ago
Sintana Energy
Business Developments & Projects

Canadian oil & gas player comes into possession of more offshore acreage in Namibia’s Orange Basin

Sintana Energy has wrapped up its acquisition of a stake in a new license in the Orange Basin off the coast of Namibia.

about 2 years ago
Gasunie to manage future hydrogen network in North Sea
Business Developments & Projects

Gasunie to manage future hydrogen network in North Sea

Gasunie is the intended network operator for the future hydrogen network in the North Sea.

about 2 years ago
LR and COSCO partner on cyber-resilient bulk carrier
Business Developments & Projects

LR and COSCO partner on cyber-resilient bulk carrier

Classification society Lloyd’s Register (LR) and Chinese shipyard COSCO Shipping Heavy Industry have partnered on the development of an 82,500 dwt cyber-resilient bulk carrier design.

about 2 years ago
Sealand Projects' Yellow wave energy device named ZOEX Power
Business Developments & Projects

ZOEX Power wave energy device completes factory acceptance testing, next stop wet trials

After painting the ZOEX unit and adding the buoyancy floats, it is set to go to Port of Aberdeen South Harbour for wet trials.

about 2 years ago
Rig approaching Taranaki coast (for illustration purposes); Source: Greenpeace
Business Developments & Projects

New Zealand revoking offshore exploration ban amid gas crunch fears

New Zealand’s government is setting the stage to lift the ban on offshore oil and gas exploration with a suite of proposed changes to an energy bill in a bid to stave off energy security woes due to looming gas supply shortages.

about 2 years ago
Dedicated cable repair and installation vessel enters the market
Business Developments & Projects

Dedicated cable repair and installation vessel enters the market

The Netherlands-headquartered N-Sea and its partner Neptune Marine Service have launched what is said to be the first dedicated cable repair and installation vessel. Neptune Marine recently converted the existing anchored barge NP-459 into a dedicated cable repair DP2 vessel, named Curo, with a 50t

about 2 years ago
HMM
Business Developments & Projects

IKEA to use HMM’s low-carbon solution to back shipping decarbonization

South Korea’s national flagship carrier HMM and Swedish multinational conglomerate IKEA Supply Chain Operations have signed an agreement to use HMM’s low-carbon ocean transport solution to support shipping’s decarbonization.

about 2 years ago
Global heatmap of proposed LNG expansion; Source: Earth Insight
Business Developments & Projects

Climate report labels planned $1 trillion LNG infrastructure expansion as ‘one way ticket to stranded assets’

The global plan to spend over $1 trillion on new LNG infrastructure could slow down the net-zero agenda, Earth Insight’s report suggests.

about 2 years ago
During their protest against drilling ops, Greenpeace activists were circling the Prospector 1 jack up rig about 20 kilometers northwest of the island of Borkum; Source: Greenpeace
Business Developments & Projects

Court hearing coming up this week: Go-ahead or more hiccups for North Sea gas project?

After hitting another snag due to a court-ordered temporary halt of operations, a gas project in the North Sea is awaiting outcome of court hearing.

about 2 years ago
Jan De Nul enters partnership to transport green electrons from Africa to Europe via subsea cable
Business Developments & Projects

Jan De Nul’s new partnership to transport green electrons from Africa to Europe via subsea cable

Jan De Nul Group has set up a partnership with green technology, energy and metals company Fortescue for the transport of green electrons – electrons that were made using renewable resources – from energy-producing continents to energy-demanding ones through subsea cables. The partners have joined f

about 2 years ago
Norwegian duo reveals plans for hydrogen and bio-methanol production
Business Developments & Projects

Norwegian duo reveals plans for hydrogen and bio-methanol production

Norwegian Hydrogen and Glocal Green have entered into a concrete cooperation agreement for the development and establishment of hydrogen production in connection with Glocal Green’s planned bio-methanol plant in Øyer in Gudbrandsdalen.

about 2 years ago
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