UK Offshore Wind Attracts Investments
Power companies including Ørsted, Vattenfall, Innogy, SSE and Scottish Power and financial investors such as infrastructure and pension funds are active in UK offshore wind power…
Flowserve Inks Deal for Prelude FLNG
Flowserve Corporation (FLS), a provider of flow control products and services for the global infrastructure markets, has entered into a five-year contract with Shell…
Australia Set to be the King of LNG Exports
Australia is on track to surpass Qatar as the world’s largest LNG exporter, according to Australia’s Department of Industry, Innovation, and Science (DIIS).Australia…
Aker Arctic's Icebreaking Ships Busy
Finnish engineering company Aker Arctic Technology Oy said that its Arctic condensate tanker Boris Sokolov has now been transporting gas condensate from Sabetta…
ICTSI Sells Stake in Motukea Port
International Container Terminal Services, Inc. (ICTSI) is selling its 30% stake in a company that operates the Motukea Port, Papua New Guinea.According to a stock exchange announcement…
Ship Recycling: Wallenius Wilhelmsen Wins Award
Norwegian/Swedish shipping company Wallenius Wilhelmsen’s role in developing the pioneering Ship Recycling Transparency Initiative has been recognised with another award from the automotive sector…
JFD Pact with Aquacentrum Den Helder
The subsea operations and engineering company JFD has signed a strategic partnership with Netherlands-based Aquacentrum Den Helder to provide submarine escape training.Aquacentrum…
PetroLogistics Contract Goes to McDermott
Texas-based PetroLogistics II, a portfolio company of Quantum Energy Partners, has awarded McDermott International, Inc. a contract to provide front-end engineering…
Offshore Wind Cable Market to Reach $3B
The global offshore wind cable market is estimated to grow at CAGR above 16% over the forecast time frame 2019 to 2026 and reach the market value around $3 billion…
Pioneer Marine Gets Tufton Oceanic Funds
Greece-based global shipping company specializing in the transportation of dry bulk commodities Pioneer Marine said that it has entered into a commercial management…
Stena Seeks India's Help to Release Ship
Stena Bulk chief executive and president Erik Hanell wrote to Indian prime minister Narendra Modi to personally enter the efforts to secure the release of UK-flagged…
GRSE Launches FPV for Indian Coast Guard
Kolkata-based defence shipyard Garden Reach Shipbuilders & Engineers (GRSE) launched the Fifth Fast Patrol Vessel (FPV) for the Indian Coast Guard at Raja Bagan Dockyard Unit of GRSE…
Green Group Asks Cosco to Avoid HFO in Arctic
Clean Arctic Alliance has sent its second letter to Cosco, in which the NGOs urge the Chinese liner company to make public what fuel types its vessels use in the…
Nansha Doubles Direct Sailings to Rotterdam
The deep-water port of Nansha in Guangzhou, a city of 15 million people in the vicinity of Hong Kong, has doubled the number of direct connections with North Europe and West Africa…
Oakland Port Sees Record Imports in July
The Port of Oakland, a container ship facility located in Oakland, California, in the San Francisco Bay, said that July was the busiest in the Port’s 92-year history for containerized import cargo.
Corvus Energy Gets Shell Ventures Investment
Canadian-Norwegian battery maker Corvus Energy announced that it has finalized an investment deal with Shell Ventures.The investment is a step towards Shell’s ambition…
ForSea Mercandia 4 to Become Freight-Only Ferry
Swedish ferry operator ForSea, the Helsingør-Helsingborg ferry service, has decided to convert Mercandia 4 from a passenger and freight vessel to a pure freight vessel."As a consequence…
DNV GL Launches OMA Services
The world’s largest resource of independent energy experts and certification body DNV GL launched a new service in The Operational Modal Analysis (OMA), also known as ambient modal identification…
UK Warship Sails for Gulf Mission
British warship HMS Kent set sail for the Gulf on Monday to join a U.S.-led mission protecting commercial shipping vessels in the region amid heightened political tension between the West and Iran.Britain has joined the United States in a maritime security mission in the Gulf to protect merchant vessels.That comes after Iran seized a British oil tanker in the Strait of Hormuz. On July 4 British marines seized an Iranian vessel…
Mitigating Maritime Risk
“The First Steps in Mitigating Contemporary Risks to our Strategic Sea Lines of Communication”It is indisputable that the world’s economy floats on seawater. It is equally indisputable that international maritime transportation is the tool that keeps the global economy moving. The world economy has surged over the last half century, and that growth has been largely driven by globalization and the consequent reduction in barriers to trade.
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