Euronav Concludes Billion-Dollar Acquisition of CMB.TECH
Belgian tanker operator Euronav has concluded the acquisition of 100% shares in cleantech maritime group CMB.TECH for $1.15 billion in cash.The transaction is part of Euronav’s renewed strategy of diversification, decarbonization and accelerated optimization of the its current crude oil tanker fleet, driven by CMB.TECH’s ‘future-proof’ fleet of 106 low carbon vessels, of which 46 are under construction.It was first announced in December 2023…
Damen Delivers Newbuild Dredger to Indonesian Customer
Dutch shipbuilder Damen has delivered the first-of-its-series Cutter Suction Dredger (CSD) 600 to an Indonesian customer, PT. Dua Samudera Perkasa.The vessel was sold immediately after completion at the Damen Dredging Equipment yard. It form part of a complete dredging package, which includes ship transportation, training of the crew on location as well as dredge spares to facilitate maintenance duties.The CSD600…
Altera Hires DOF to Install Voyageur Spirit FPSO Offshore Ivory Coast
Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems, flowline between the FSO – a converted shuttle tanker Nordic Brasilia - and the Voyageur Spirit FPSO, along with…
Gasum to Manage Wasaline’s Emissions Allowances
Finnish state-owned energy company Gasum has been selected by shipping company Wasaline to manage its EU Allowances (EUA) portfolio.The partnership will enable Wasaline to better predict and manage the costs of its emissions allowances, according to the company.The EU emissions trading system has included the maritime sector since the beginning of this year.Outsourcing their emissions trading and EUA…
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