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Business Developments & Projects

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Arnold Schwarzenegger and Inna Braverman visiting the Wave Energy Conversion Unit in the Port of LA. Source: Eco Wave Power
Business Developments & Projects

Shell backs wave energy project offshore US

UK-headquartered energy giant Shell has teamed up with Swedish-Israeli wave energy developer, Eco Wave Power, to collaborate on what is the first wave energy project in the U.S. for both companies.

about 2 years ago
FPSO Pyrenees Venture; Source: MODEC
Business Developments & Projects

Woodside’s change of heart enables it to keep oil & gas assets offshore Australia

Woodside has changed its mind about selling its participating interests in oil and gas assets located off the coast of Western Australia.

about 2 years ago
digital
Business Developments & Projects

Lack of digital processes in shipping complicates decarbonization game

There is a potential for significant carbon reductions through the adoption of digital processes in the shipping sector, a new study published by Global Shipping Business Network (GSBN) highlights.

about 2 years ago
Mitsui E&S-developed methanol fuel supply system okayed by ClassNK
Business Developments & Projects

Mitsui E&S-developed methanol fuel supply system okayed by ClassNK

ClassNK has awarded approval in principle (AiP) for a methanol fuel supply system developed by Mitsui E&S Shipbuilding.

about 2 years ago
Stena Forth drillship; Source: Stena Drilling
Business Developments & Projects

Stena Drilling drillship goes to work in Morocco as Energean takes the helm at gas field

Stena Drilling has tucked a new drilling assignment under its belt, thanks to a drillship deal with Energean for drilling activities off the coast of Morocco.

about 2 years ago
JERA
Business Developments & Projects

JERA to carry out ‘world’s first’ truck-to-ship ammonia bunkering

Japan’s largest power generation company JERA has decided to supply ammonia to an ammonia-fueled tugboat (A-Tug) owned by compatriot shipping company NYK Line in a truck-to-ship bunkering operation.

about 2 years ago
MOL Group opens 10 MW green hydrogen plant in Hungary
Business Developments & Projects

MOL Group opens 10 MW green hydrogen plant in Hungary

MOL Group has inaugurated a 10 MW green hydrogen plant in Százhalombatta, Hungary, to reduce the carbon footprint of the Danube Refinery.

about 2 years ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Business Developments & Projects

Shelf Drilling jack-up rig’s stay in Norwegian waters prolonged

Shelf Drilling has secured a contract extension for one of its jack-up rigs with Equinor for operations at a field off the coast of Norway.

about 2 years ago
Bakker Sliedrecht has implemented energy storage systems (ESS) on the board of two Boskalis diving support vessels, BOKA Atlantis and BOKA Da Vinci.
Business Developments & Projects

Bakker Sliedrecht integrates energy storage systems on Boskalis’ diving support vessels

“We managed to limit the out-of-service time of these vessels, from arrival of the vessels up to completed sea trials and class approval, to less than 2 months for the whole ESS implementation,” said Andy Waterstreet, Project Director at Bakker Sliedrecht.

about 2 years ago
Laying plans – Looking ahead to the cable laying vessels of tomorrow
Business Developments & Projects

Laying plans – Looking ahead to the cable laying vessels of tomorrow

With the many offshore wind farm construction projects currently taking place or planned for the future, there is going to be a considerable amount of cable laying activity in the coming years. At this time, Damen Shipyards Group is taking a concerted look ahead in a bid to develop relevant, reliabl

about 2 years ago
FSRU Alexandroupolis; Courtesy of Gastrade
Business Developments & Projects

UK firm lands a hand to Saipem at European gas project

Maritime Developments Limited (MDL) has taken part in an LNG project in Europe, assisting Saipem with a FSRU project in Greece.

about 2 years ago
ammnia-fueled
Business Developments & Projects

Industry players to develop and commercialize ammonia-fueled bulkers

Several Japanese companies and a German engine manufacturer have signed a memorandum of understanding (MOU) to work together to commercialize ammonia-fueled bulk carriers

about 2 years ago
Navigator Gas completes its first ship-to-ship ammonia transfer
Business Developments & Projects

Navigator Gas completes its first ship-to-ship ammonia transfer

Navigator Holdings, a UK-headquartered owner and operator of a fleet of handysize liquefied gas carriers, has performed its first ship-to-ship ammonia transfer.

about 2 years ago
MMA Offshore
Business Developments & Projects

Singapore player expanding its vessel fleet and shipping horizons with acquisition of MMA Offshore

Cyan Renewables has set the wheels into motion to acquire MMA Offshore, thanks to a binding scheme implementation deed (SID).

about 2 years ago
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