RenewableUK and the Offshore Wind Industry Council (OWIC) have welcomed the UK Government making available up to GBP 557 million for the future Contract for Difference (CfD) auctions and the announcement that the next CfD round will be held in spring 2019.
Australian telecommunications specialist, Vocus, has connected the Inpex-operated Ichthys LNG project and Shell’s Prelude FLNG facility off Western Australia to its fiber-optic North-West Cable System.
The bulk carrier SBI Carioca, which ran aground around 8 am on October 11 off New Brunswick, was refloated with the help of two tugs at high tide in the evening hours the same day. The vessel is scheduled to dock at Belledune “sometime this morning,” Pierre Murray, Transportation Safety Board (TSB)
Australia’s Queensland will release almost 18,000 square km for exploration for gas to power local manufacturing and generate LNG royalties.
Following the last year’s turmoil in the sector, shipyards from South Korea won the majority of orders worldwide in September 2017 and their order backlog increased for the first time in almost a 2-year period. Specifically, the country’s shipyards bagged orders amounting to a gross tonnage of 1.46
Russia’s Sovcomflot (SCF) has held a naming ceremony on Wednesday for a new icebreaker supply vessel built by the Arctech Helsinki Shipyard. Sovcomflot said on Thursday that the construction deal for the four vessels was contracted to United Shipbuilding Corporation, with the actual construction bei
As the autumn cruise season already kicked off at the DP World Limassol, two cruise ships called at the terminal on the same day, September 27. Mein Schiff 1, owned by German cruise line TUI Cruises, berthed overnight at the terminal. The 76,522 gross ton vessel features a length of 263.9 meters and
Regaining profitability in the freight transportation industry is a tangible target for the very near future, it was concluded during a panel on Market Forecasting on the final day of Maritime Cyprus 2017 conference in Limassol on Wednesday. The prediction has been based on improving fundamental bal
Members of the Maritime UK, including representatives of the British Ports Association, UK Chamber of Shipping, Baltic Exchange and Solent LEP, have been briefed of a potential no-deal scenario on Brexit in talks between the UK and the European Union. Namely, Maritime UK members met with Hilary Benn
The Hamburg Port Authority (HPA) plans to introduce a new fee rating system featuring an environmental component in an effort to support clean vessels calling at the port. “Our tariff and environmental policy sends a clear signal to the citizens of Hamburg, the shipping companies, and port industrie
Baker Hughes, a GE company has reportedly held talks to acquire subsea services contractor Subsea 7. Wall Street Journal (WSJ) has this week cited people close to the matter who claimed that negotiations broke down over valuation. Even though initial negotiations broke off, one of WSJ’s sources stat
India’s government has approved the memorandum of cooperation between India and Japan for the establishment of a liquid, flexible and global LNG market.
Marine operations at the Port of Durban have partially resumed following disruptions caused by a severe storm on Tuesday, October 10, 2017 that wreaked havoc across the port resulting in three groundings. According to an update from Transnet National Ports Authority (TNPA), as of October 11, 80% of
Offshore Energy Exhibition & Conference 2017 (OEEC) has come to an end, along with the Marine Energy Event that took place during the last day of OEEC in Amsterdam RAI. Today’s video brings you the highlights of the final event day. The Marine Energy Event featured a day full of interesting discussi
