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Business Developments & Projects

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SAAM Towage
Business Developments & Projects

SAAM Towage’s electric tugs about to head for Canada

The first two electric tugs for SAAM Towage’s fleet, built by the Turkish shipyard Sanmar, are ready to sail from the Port of Tuzla to Vancouver, Canada, where they will join the fleet operating in that country. The Chile-based tug provider operates more than 20 tugs along Canada’s west coast at nin

about 2 years ago
Following Gulf of Mexico project delivery, Trendsetter working for Woodside again
Business Developments & Projects

Following Gulf of Mexico project delivery, Trendsetter working for Woodside again

Almost two months after the delivery of subsea equipment for Woodside Energy in the Gulf of Mexico, Texas-based oil and gas services company Trendsetter Engineering has begun work on another Woodside project. Trendsetter Engineering (TEI) has won a contract with Woodside Energy to provide several su

about 2 years ago
Fortescue secures €200 million EU funding for green ammonia project in Norway
Business Developments & Projects

Fortescue secures €200 million EU funding for green ammonia project in Norway

Australia-based green energy, technology, and metals company Fortescue has been awarded a grant of €203,7 million by the European Union for its flagship green ammonia plant in Norway, the Holmaneset Project. The EU investment in Fortescue’s project is part of the Innovation Fund, one of the world’s

about 2 years ago
bound4blue
Business Developments & Projects

Louis Dreyfus Company to install 4 eSAILs® on its chartered juice vessel

French agricultural merchant firm Louis Dreyfus Company (LDC) has entered into a deal with the Spanish developer of wind-assisted bound4blue to fit wind sail technology on a chartered juice vessel MV Atlantic Orchard. Chartered by LDC and owned by Wisby Tankers, MV Atlantic Orchard will be retrofitt

about 2 years ago
MoU signing; Source: NNPC
Business Developments & Projects

With routine flaring out of the way, TotalEnergies teams up with NNPC to curb Nigeria’s methane footprint

TotalEnergies has joined forces with NNPC to carry out methane detection and measurement campaigns in Nigeria.

about 2 years ago
ADNOC buys OCI’s stake in world’s largest seaborne exporter of ammonia
Business Developments & Projects

ADNOC buys OCI’s stake in world’s largest seaborne exporter of ammonia

Abu Dhabi National Oil Company (ADNOC) and OCI Global have entered into a sale and purchase agreement for ADNOC to acquire OCI’s entire majority shareholding in Fertiglobe, the world’s largest seaborne exporter of urea and ammonia. Headquartered in Abu Dhabi, Fertiglobe was formed as a strategic par

about 2 years ago
Niedersachsen Ports
Business Developments & Projects

New Stade LNG jetty opens doors for independent energy supply in Germany

Only 330 days after starting construction, Germany’s seaport company Niedersachsen Ports has handed over a new landing pier for floating storage and regasification units (FSRUs) in Stade to operators.

about 2 years ago
TAQA eyes joining Greece-Cyprus interconnector
Business Developments & Projects

TAQA eyes joining 900-kilometer European interconnector

Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explor

about 2 years ago
New terminal at Immingham port to support import of green ammonia from Saudi’s NEOM
Business Developments & Projects

New terminal at Immingham port to support import of green ammonia from Saudi’s NEOM

UK’s ports operator Associated British Ports (ABP) has launched a tender seeking a lead contractor or consortium to design and build a bulk liquid green energy terminal at the Port of Immingham. According to ABP, Immingham Green Energy Terminal (IGET) will be a multi-user bulk liquid green energy te

about 2 years ago
MOL
Business Developments & Projects

MOL bolsters fleet with 5 LNG-fueled Capesize bulker newbuilds

Japanese shipping major Mitsui O.S.K. Lines (MOL) is expanding its fleet with five additional newbuilding LNG dual-fueled Capesize bulkers. Namely, MOL revealed that two vessels will be ordered at compatriot Nihon Shipyard and built by Imabari Shipbuilding Co. Furthermore, Chinese shipbuilding heavy

about 2 years ago
SunStone Ships
Business Developments & Projects

SunStone: Steel cut for final Infinity-class ship

A shipyard in China has begun the production of the seventh and final Infinity-class expedition cruise ship ordered by Florida-based expedition cruise ship owner SunStone Ships, part of SunStone Maritime Group.

about 2 years ago
Grimaldi Group
Business Developments & Projects

Grimaldi takes majority stake in Heraklion Port Authority

A consortium led by the Italian shipping company Grimaldi Group has acquired a majority stake in the Heraklion Port Authority (HPA S.A.). The Italian group, through a consortium with Grimaldi Euromed SpA and Minoan Lines S.A., signed a share purchase agreement earlier this morning. The company acqui

about 2 years ago
K Line
Business Developments & Projects

Japanese players and Woodside Energy join forces for CO2 capture and storage feasibility study

Japanese industry majors Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement, Kawasaki Kisen Kaisha (K LINE), and Australian energy giant Woodside Energy have signed a memorandum of understanding (MOU) to conduct a business feasibility study aimed at aggregating CO2 and transporting i

about 2 years ago
COSCO Shipping
Business Developments & Projects

COSCO Shipping Lines rolls out green biofuels-based shipping solution

China-based shipping company COSCO Shipping Lines has presented the first green shipping certificate to Volvo’s Asia Pacific headquarters for the use of COSCO’s new shipping product Hi ECO.

about 2 years ago
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