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China Shipping Line
Business & Finance

FEPORT raises alarm over potential cargo diversion as EU ports brace for impact of EU ETS

Members of the Federation of European Private Port Operators (FEPORT), meeting in Antwerp for their General Assembly, expressed growing concerns about potential cargo diversion from EU ports due to the forthcoming implementation of the EU ETS for shipping in 2024. The EU ETS directive for the mariti

about 2 years ago
Coming Up Tomorrow: Offshore Energy Exhibition & Conference 2023
Business & Finance

Coming Up Tomorrow: Offshore Energy Exhibition & Conference 2023

Offshore Energy Exhibition & Conference 2023 (OEEC 2023) will kick off tomorrow, November 28, in RAI Amsterdam, where the offshore energy and maritime sectors will meet for two days of idea exchange, knowledge sharing, and networking. The 16th edition of OEEC will gather a wide range of businesses

about 2 years ago
East Anglia One; Source: Iberola's ScottishPower business
Business & Finance

Iberdrola earmarks over $15 billion to boost UK’s electricity networks and renewables

ScottishPower, Iberdrola’s UK arm, has confirmed its parent company’s investment plan for 2024-2028, which sets out £12 billion (close to $15.15 billion) for electricity transmission projects in Britain, along with more offshore and onshore wind, solar, energy retail, and green hydrogen projects.

about 2 years ago
Fugro
Business & Finance

Fugro bolsters marine robotics offering with acquisition of SEA-KIT

The Netherlands-headquartered geo-data specialist Fugro has reached a binding agreement for the acquisition of the remaining shares in SEA-KIT International.

about 2 years ago
Nini platform; Source: INEOS
Business & Finance

Aquaterra Energy gets platform repurposing job for CCS project in North Sea

Aquaterra Energy has been awarded a platform repurposing contract by INEOS, as part of a CO2 storage project in the Danish sector of the North Sea.

about 2 years ago
Klaipeda LNG terminal capacity fully booked until 2033
Business & Finance

Klaipeda LNG terminal capacity fully booked until 2033

Lithuanian Klaipedos Nafta (KN) has completed the procedure for the allocation of 9 TWh long-term regasification capacity for the Klaipeda LNG terminal, securing full occupancy of the terminal until 2033. Commercial customers will use 9 TWh of 33 TWh of terminal capacity each year in 2025–2032, equa

about 2 years ago
Illustration; Source: Australian Energy Producers (former APPEA)
Business & Finance

Australia needs more gas as ‘safety net’ for all energy transition roads

Report: Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net-zero scenario.

about 2 years ago
New barge design; Source: Boa Offshore
Business & Finance

Next-generation design unveiled for semi-submersible heavy lift barges – gallery

Boa Offshore has presented a new in-house design for future semi-submersible heavy lift barges, which are said to be capable of handling the requirements of any industry or segments regarding heavy loads, large footprints, and extreme submersing depths.

about 2 years ago
Delivery of FSRU Alexandroupolis, Greece’s First FSRU for GasLog; Source: Seatrium Limited
Business & Finance

As Greece’s first FSRU leaves Seatrium shipyard, final gas commissioning works coming shortly

Seatrium Limited has delivered the first FSRU conversion project under the Greek flag for operation in the Aegean Sea to GasLog LNG Services.

about 2 years ago
FPSO Western Isles; Source: NEO Energy
Business & Finance

Apollo snaps up ‘critical’ FEED work for North Sea oil project

Apollo has secured a contract with NEO Energy for a FEED study, which will support the planned redevelopment of an oil project in the UK.

about 2 years ago
New Swiss-Italy company to cover 'entire spectrum of underwater services'
Business & Finance

New Swiss-Italian company to deliver integrated subsea services

Switzerland-headquartered Company Services Swiss (CSS SA) and Italy’s Drafinsub have initiated a merger process that will see the establishment of a synergetic hub for integrated services concerning infrastructures and underwater pipelines. Following the merger and consolidation of the companies’ sh

about 2 years ago
Nordic Spring rig artist rendering; Source: Awilco Drilling
Business & Finance

UK firm emerges victorious in second rig arbitration case against Keppel

Awilco Drilling has won the second arbitration case related to a rig termination deal, after the arbitration tribunal ruled in its favor.

about 2 years ago
Siem's well intervention duo gets improved day rates with Helix
Business & Finance

Siem’s well intervention duo gets improved day rates with Helix

Norwegian shipping company Siem Offshore has signed a letter of intent (LOI) with Helix Energy Solutions for two well intervention vessels. Siem Offshore reported it had signed an LOI with Helix Energy Solutions for a possible long-term extension of charter contracts for Siem Helix 1 and Siem Helix

about 2 years ago
Nautilus
Business & Finance

Danalec acquires Nautilus Labs

Copenhagen-based technology provider specializing in maritime safety and sustainability Danelec has acquired New York-based maritime technology company Nautilus Labs. “With the acquisition of Nautilus Labs’ AI-based technology platform, we are looking to broaden our scope of impact. Not only do we g

about 2 years ago
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