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Kawasaki
Business & Finance

Kawasaki set to debut its 1st sustainability-linked bond

Japan’s Kawasaki Heavy Industries has decided to issue its first sustainability-linked bond amounting to JPY 10 billion ($90.8 million).

about 5 years ago
Image showing Marine Power Systems’ marine energy technology (Courtesy of Marine Power Systems)
Business & Finance

MPS exceeds crowdfunding goal as campaign opens for public

Welsh marine energy developer Marine Power Systems (MPS) has reached over its £2 million crowdfunding target in an ongoing campaign that just opened for the general public.

about 5 years ago
Hudong-Zhonghua
Business & Finance

Evergreen returns to Hudong-Zhonghua Shipbuilding for two more 24,000 TEU behemoths

Chinese shipbuilding major Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has won an order for the construction of two 24,000 TEU containerships from Evergreen Group. This is a repeat order, building on the contract between CSSC and Evergreen Group signed in Nove

about 5 years ago
Suriname
Business & Finance

TotalEnergies, Qatar Petroleum, Chevron win Suriname offshore acreage

A consortium between France’s major TotalEnergies and Qatar’s Qatar Petroleum and U.S. supermajor Chevron have submitted winning bids for shallow-water offshore acreage in Suriname.

about 5 years ago
Vaalco
Business & Finance

Vaalco names new chief financial officer

Houston-based oil and gas company Vaalco Energy has appointed a new chief financial officer (CFO), effective 21 June 2021.

about 5 years ago
Siem Offshore
Business & Finance

Siem Offshore sheds two anchor handlers

Offshore vessel owner Siem Offshore has sold two of its anchor handling tug and supply (AHTS) vessels to an undisclosed buyer.

about 5 years ago
Aker BP
Business & Finance

Aker BP extends deal for Eidesvik platform supplier

Norwegian oil company Aker BP has awarded a 100-day contract to compatriot shipping company Eidesvik Offshore for one of its platform supply vessels.

about 5 years ago
Baron
Business & Finance

Baron Oil tightens grip on Chuditch PSC off Timor-Leste

UK-based and AIM-listed oil and gas company Baron Oil has bought the remaining 15 per cent stake in a SundaGas subsidiary and with that increased its interest in the Chuditch discovery and prospects.

about 5 years ago
Svaedi
Business & Finance

Eimskip agrees to pay $12 million to settle collusion case

Eimskip and the Icelandic Competition Authority have reached a settlement over a collusion case investigation linked to the Dutch company Samskip. The competition case has been under investigation for the past years, where the main period of investigation was 2008 to 2013. The Icelandic shipping com

about 5 years ago
Teekay LNG declares cash distributions on preferred units
Business & Finance

Teekay LNG declares cash distributions on preferred units

Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has declared cash distributions on the Series A and B preferred units.

about 5 years ago
Stena Line takes delivery of upgraded eco-friendly RoPax ferry
Business & Finance

Stena Line takes delivery of upgraded eco-friendly RoPax ferry

Swedish ferry company Stena Line has welcomed its new, scrubber fitted roll-on/roll-off passenger (RoPax) ferry following a handover ceremony at the Sedef Shipyard in Tuzla, Turkey.

about 5 years ago
MAN Energy acquires H-Tec Systems
Business & Finance

MAN wraps up acquisition of H-Tec Systems for hydrogen demand

Germany’s engine manufacturer MAN Energy Solutions has completed the acquisition of the majority of shares in German hydrogen tech company H-Tec Systems, replacing GP Joule as the main owner.

about 5 years ago
Romgaz
Business & Finance

Romgaz, ExxonMobil sign exclusivity deal for Black Sea block buy

Romanian oil and gas company Romgaz has signed an exclusivity agreement with ExxonMobil’s subsidiary in Romania for the acquisition of a Black Sea offshore block.

about 5 years ago
tanker
Business & Finance

CDB Leasing snaps up 10 MR tankers for $384 million

Hong Kong-based leasing major China Development Bank Financial Leasing (CDB Leasing) is pursuing its fleet expansion with orders for ten MR oil/chemical tankers to be built at Jiangsu New Times Shipbuilding Co.

about 5 years ago
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