Evergy to Add 660MW Wind Energy
US-based utility Evergy has announced plans to add 660MW of wind energy to its portfolio and reduce carbon emissions by 80% below 2005 levels by 2050. The addition…
Fugro, HC2 Divest Global Marine Group Stake
US-based financial services company HC2 Holdings and the Dutch multinational provider of geo-intelligence Fugro have sold offshore engineering specialist Global…
Austal to Support USN Ships in Australia
Austal signed an agreement with the United States Navy which will see its Henderson shipyard conduct repairs and sustainment activities on USN and Military Sealift…
PGNiG Acquires Duva Field in Norway
PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has obtained a final administrative consent to purchase additional 10% interests in the…
Hamburg Unveils 1st Phase of Elbe Expansion
Port of Hamburg announced that mega-ships will from now on find it easy to pass through the Elbe fairway.Vessels with a combined width of up to 98 meters can now…
International Seaways Signs Refi Deal
New York-headquartered product tanker company International Seaways has closed on senior secured credit facilities worth a total of USD 390 million.The crude oil…
Poseidon Readies $140Bn Shipping Loan
With the signing by the France-based international lender to global shipping BNP Paribas and the Swiss multinational investment bank Credit Suisse, Signatories of…
MOL in Restructuring Excercise
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the marine…
Gasum to Bunker Equinor's Tankers
Finnish utility Gasum has signed an agreement with Norwegian energy giant Equinor for the delivery of liquefied natural gas (LNG) to the latter’s crude shuttle tankers.The…
Japanese Warship to Patrol Oil Lifeline
A Japanese destroyer left for the Gulf of Oman on Sunday amid simmering Middle East tension to guard sea lanes that supply nearly all the oil that powers the world's third-biggest economy."Thousands of Japanese ships ply those waters every year including vessels carrying nine tenths of our oil. It is Japan's lifeline," Japanese Prime Minister Shinzo Abe told the crew at Yokosuka naval base near Tokyo…
