On 2 December, Lithuanian government approved a draft resolution that would lead to the Port of Klaipeda being upgraded to accommodate facilities supporting offshore wind projects. The resolution will create the necessary conditions for Klaipeda State Seaport Authority to invest in port infrastructu
The Carbon Trust has launched a new joint industry programme focused on optimizing the integration of offshore wind. The Integrator is a programme designed to examine the interplay between offshore wind, existing infrastructure, and other technologies and developments to highlight opportunities for
Hong Kong-based dry bulk shipping company Pacific Basin Shipping Limited has pledged to offset all carbon emissions from its global shore-side operations starting in 2020. These will include all office activities, commuting and business and crew travel. To this end, Pacific Basin has partnered with
The technology group Wärtsilä has signed 5-year Optimised Maintenance Agreements covering the main engines for two very large gas carriers (VLGC) operated by Latsco Marine Management (LMM). The contract, which became effective from September, was signed in August 2020. The two vessels, the Hellas Dy
Polish energy company PKN ORLEN is holding an online meeting with potential supply chain companies for its offshore wind farm project in the Baltic Sea. PKN Orlen, through its subsidiary Baltic Power, holds a license to build wind farms with a maximum total capacity of up to 1,200 MW at a circa 131
Woodside has exercised its right to pre-empt the sale by FAR to ONGC Videsh of FAR’s entire participating interest in the RSSD joint venture in Senegal.
Lithuanian government has allocated € 7.5 million to prepare for its first offshore wind tender and the development of the first 700 MW of offshore wind capacity in its part of the Baltic Sea. The funds will support environmental impact assessments and other studies and surveys to be carried out fro
The Methanol Institute is urging the maritime community to mitigate pollution and emissions risk in Polar regions by adopting methanol as marine fuel, and applying bunkering guidelines developed by the European Committee for Standardisation (CEN). The call is being issued on the back of IMO’s meetin
Global Petroleum has bought 2D seismic data for a license off Namibia ahead of the farm-out process, set to be launched after the seismic interpretation.
Vietnamese Ministry of Industry and Trade has proposed new Feed-in Tariff (FIT) rates as part of the country’s plan for an extension of the FIT scheme for wind energy projects entering operation from November 2021 to December 2023. The new FIT proposal is reducing tariffs for intertidal/nearshore pr
U.S. oil major Chevron has made a couple of leadership changes and added a new member to its board of directors.
San Diego-based energy company and LNG operator Sempra Energy has made changes to its structure creating a new infrastructure platform.
Wave energy developer Eco Wave Power has appointed Aharon Yehuda as its new Chief Financial Officer.
Soren Toft started his new role as Chief Executive Officer of Mediterranean Shipping Company (MSC), the world’s second-largest container shipping firm, on December 2, 2020. He reports directly to Diego Aponte, MSC Group President, and Gianluigi Aponte, Founder and MSC Group Chairman. In his role as
