Fred. Olsen Renewables (FORAS) and Hafslund Eco have entered into an agreement to collaborate for the offshore wind sector in Norway. FORAS and Hafslund Eco plan to jointly submit a pre-application for the development of offshore wind projects at the Sørlige Nordsjø and Utsira Nord areas. According
Hong Kong-listed China Development Bank Financial Leasing is buying six vessels from German shipowner Oldendorff Carriers GmbH & Co for $137 million. The vessels include six 60,000-ton bulkers, CDB Leasing said, adding that upon the completion of the transaction the vessels would be leased back to O
Scorpio Bulkers Inc. has entered into agreements with two unaffiliated third parties to sell five Kamsarmax bulkers for a total of $101.5 million. The ships that will be changing hands are the SBI Parapara, SBI Jive, SBI Swing and SBI Mazurka, Kamsarmax bulk carriers built in 2017, and SBI Reggae, a
Brazilian oil major Petrobras has launched an opportunity disclosure stage (teaser) for the sale of its 50 per cent in offshore oil fields known as the Marlim Cluster in the Campos Basin, offshore Brazil.
European power exchange Nord Pool has won a contract by National Grid and Statnett to deliver a solution outside of the Internal Energy Market (IEM) to provide implicit capacity in its day ahead market for the 1,400 MW North Sea Link (NSL). NSL, a joint venture between National Grid and Statnett, wi
Eighteen offshore wind companies, transmission system operators and environmental NGOs have launched a new coalition dedicated to ensuring that Europe delivers its planned expansion of offshore wind energy while preserving nature and marine ecosystems. The aim of the Offshore Energy and Nature Coali
Korean shipbuilding heavyweights have amassed over $1.06 billion in crude carrier orders in a single day having reported shipbuilding contracts for a total of 13 newbuilds. Korea Shipbuilding & Offshore Engineering has won orders for ten 300,000 ton very large crude carriers (VLCCs) worth $890 milli
Marine and offshore electrical cables manufacturer CCI CableService has been awarded a contract by SBM Offshore for the supply of cables for the new FPSO Sepetiba set for the Mero 2 project.
Subsidiaries of oil and gas services provider Sapura Energy has won several contracts worth RM611 million (around $148.4 million).
The European Commission has added new yards to the European List of ship recycling facilities suitable for the dismantling of EU-flagged vessels in an environmentally-friendly way. These include two European yards and two more yards in Turkey. “With the addition of these new yards, ship owners of EU
Norwegian oil major Equinor has made changes in the corporate structure and the corporate executive committee.
U.S. Congress members from New York State, Jerrold Nadler and Nydia M. Velázquez, have sent a letter to New York Governor Andrew Cuomo in support of the Empire Wind offshore wind project, more specifically its Port Infrastructure Improvement Plan (PIIP) which would set up an offshore wind hub at the
Fugro and the Tokyo-based transportation company, NYK Group, have signed a Memorandum of Understanding (MOU) to provide offshore geotechnical services in Japan. The two companies will also collaborate on a feasibility study into jointly operating a specialist investigation vessel for renewables proj
South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) has inked a deal to build six containerships for an undisclosed European shipowner. The contract is worth $652 million (KRW 722.6 billion), the shipbuilder disclosed in a regulatory filing. The containerships are sched
