South Korean Fair Trade Commission has fined shipbuilding major Hyundai Heavy Industries Co. for unfair trade with its subcontractors. The KRW 970 million ($805,000) fine is described as the highest fine yet to be imposed by the anti-trust regulator for misusing technologies from other companies. Th
JFD’s COBRA Buoyancy Jacket has recently received CE Certification from the CE Notified Body, SGS. The certification, displayed as a CE mark on all qualifying products, demonstrates the compliance of JFD’s COBRA Buoyancy Jacket with essential EU regulations and harmonized standards as well as leadin
Tekmar Energy has won a cable protection contract from Sumitomo Electric Industries for the Akita and Noshiro offshore wind farms in Japan. The wind farms, which are set to be the first utility-scale offshore wind project in Japan, will be delivered by Akita Offshore Wind Corporation, a company spec
Finnish port automation solutions provider Kalmar, part of Cargotec, has won a contract to supply two zero-emission rubber-tyred gantry cranes (RTGs) to Safi Derince International Port in Turkey. Safi Derince International Port is located in the Marmara Region, to the north of the Gulf of Izmit. The
Marine engine manufacturing giant MAN Energy Solutions is launching an extensive cost-cutting and restructuring program that will result in the layoff of almost 4,000 people, the company said. The program is being rolled out as MAN Energy Solutions readies for a prolonged period of stagnant sales as
Nigerian National Petroleum Corporation (NNPC) and First Exploration & Production (First E&P) have completed SURF installation campaign on Anyala and Madu fields under OML 83 and OML 85, offshore Nigeria. The offshore installation campaign featured the installation, piling and grouting of subsea arc
Cortez Subsea in partnership with Alam Maritim has completed the first ever subsea pipeline using the Zap-Lok mechanical connector offshore Malaysia. The project championed technology for faster and more cost-effective completion of subsea pipelay. It also marked a lay rate of 4.7 kilometres in 24 h
Del Mar Oceanographic and RBR have partnered to provide Wirewalkers with RBR CTDs and sensors in Australia and New Zealand. The DMO Wirewalker, originally designed at Scripps Institution of Oceanography, is a vertically profiling instrument platform powered by ocean waves. Attached to a free-driftin
Verdant Power has taken additional steps toward the installation and demonstration of an array of its three, fifth generation (Gen5) tidal power turbines on the company’s novel TriFrame mount at its Roosevelt Island Tidal Energy (RITE) Project site in New York City’s East River. Prior to the Covid-1
French National Institute for Ocean Science Ifremer has selected subsea tech company iXblue to equip its new 6000-metre AUV. Specifically, the autonomous underwater vehicle (AUV) is part of Ifremer’s CORAL project. The AUV will have synthetic aperture sonar (SAS), Sams-150, a Phins C7 Inertial Navig
NKT has landed a €235-million contract from SSEN Transmission to deliver and install an interconnector to the Shetland HVDC Link project. The turnkey order comprises the manufacturing of approximately 2×260 kilometres of 320 kV high-voltage DC on-and-offshore power cables. It also includes installat
The adverse impact of the COVID-19 pandemic on the Finnish technology group Wärtsilä and markets in which it operates further increased in the second quarter of the year, shrinking demand across the board. The company reported a 19% lower order intake for the first six months of this year, equaling
Earlier this week, a containership operated by Swiss shipping major Mediterranean Shipping Company (MSC) lost more than 20 containers overboard during a stormy weather in Algoa Bay near the city of Port Elizabeth, Eastern Cape, the South African Maritime Safety Authority (SAMSA) said.
MHI Vestas has signed a purchase agreement with KK Wind Solutions for local assembly, and production of technical components to support the turbine manufacturer’s future projects in Taiwan. The purchase agreement covers local power conversion module (PCM) assembly, and local manufacturing of low vol
