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DNV GL Completes Due Diligence of World’s Largest Offshore Wind Farm
DNV GL has successfully completed a lenders’ technical due diligence on Ørsted’s Hornsea Project One, the world’s largest offshore wind farm with a total capacity of 1.2 GW.The project…
COSCO Shipping Lines Comes to Bosnia
China's largest state-owned international and domestic container shipping and related services company COSCO shipping lines is opening its first branch in Sarajevo…
Chinese Marine Builder to Work with Singapore Trader to Buy Fuel
The marine construction unit of the state-owned China Communications Construction Company (CCCC) on Tuesday signed an agreement to work with Singapore-based commodities trader Zenrock Group to purchase fuel.Marine Construction & Development Co (MCD), which is involved in major infrastructure projects around the world as part of China's Belt and Road initiative, wants to streamline its process for buying fuel…
Furgo Taps Heine as New CEO
Dutch offshore services company Fugro NV has appointed longtime employee Mark Heine as its next CEO and Chairman of the Board of Management. He succeeds Øystein Løseth, who has decided to resign after only several months in the role.Heine, who most recently served as director of Fugro's marine division, began his career at Fugro in 2000 as geodesist on various onshore and offshore survey projects.
INSIGHTS: John Rynd / President , CEO and Director, Tidewater Inc.
Mr. John Rynd graduated from Texas A&M University with a Bachelor of Arts degree in Economics. He previously served as Chief Executive Officer and President, and…
Focus on African Ports and Hinterland Connectivity
When a ship comes into port it may be the end of a voyage, but just the beginning of a range of administrative tasks that need to be completed.The port is unlikely…
Gulf Marine Services Bags MENA Contract
Vessels provider to the oil & gas industry Gulf Marine Services (GMS) said that it was awarded three long-term contracts in the Middle East and North Africa (MENA)…
IUMI: Cautious Optimism for Offshore Underwriters in 2018
Although global premiums for the offshore energy insurance sector dipped by 5% in 2017, signs of recovery are on the horizon."We need to apply some caution as the…
Naval Dome Call on Insurers to Revoke Clause CL 380
Naval Dome has called on marine insurers to revoke the controversial Clause CL 380 and implement policies that insure against the risk of cyber-attacks on ship systems.Speaking in Cape Town, South Africa, today during the International Union of Marine Insurance’s (IUMI) annual conference, Naval Dome CEO Itai Sela said that with the maritime industry increasingly moving towards connected, cloud-based technologies and autonomous operation…
Port Management and Efficiency Training in France
High-level officials and decision-makers from maritime and port authorities around the world are undergoing intense training in port management and operational efficiency…
The USD1trln African Maritime Industry Mulls Further Growth
The blue economy can be the engine of economic growth, the basis of socio-economic development and industrialization for many African countries, if well utilized.The maritime industry…
Boat Built with Recycled Plastic to Highlight Pollution
Kenyan islanders have built a boat made entirely of recycled plastic collected during clean-ups of the ocean to highlight the growing menace of plastic waste that ends up in the sea.Last year, the Kenyan government imposed the world’s toughest law against plastic bags, with offenders - including producers, retailers, and ordinary Kenyans - risking imprisonment for up to four years or fines of $40,000, in a bid to reduce plastic pollution.Many bags drift into the ocean, strangling turtles, suffoc
LNG Bunkering to Grow at CAGR of 62.50% CAGR to Reach $247bn in 2023
The global liquefied Natural Gas (LNG) bunkering market is expected to witness a CAGR of 62.5% over the forecast period 2017-2023, and is projected to reach USD 24…
DNV GL Pact with WeatherTech on Wind Turbines
DNV GL, the world’s largest resource of independent energy experts and certification body, today announced that it has joined forces with Swedish atmospheric science experts…
Eolfi Appoints Vincent Fromont as New CEO
Eolfi , a French developer specialised in floating wind projects, has appointed Vincent Fromont as Chief Executive Officer. Vincent Fromont, 47, is a senior onshore/offshore…
Total E&P South Africa Contract for Solstad Farstad
Norwegian offshore vessel owner Solstad Farstad has been awarded contact for two of its vessels by French oil major Total Total E&P South Africa."Total has awarded…
Hapag-Lloyd Christens “Al Jmeliyah” in Rotterdam
Hapag-Lloyd's 15,000 TEU ship "Al Jmeliyah" was officially christened in Rotterdam. Naming patron is Inge Sijbesma, the wife of Feike Sijbesma, CEO of the corporation…
ICTSI Basra Builds Up Umm Qasr Port Capacity
The ability of the Port of Umm Qasr in Iraq to receive direct calls from larger container vessels is being progressively boosted by the new terminal development…
Global Oil Demand to Peak in 2023
While DNV GL’s model predicts global oil demand to peak in 2023, demand for gas will continue to rise until 2034. New resources will be required long after these…
Five Migrants Found Dead in Spanish Waters
Five migrants drowned and 193 were rescued in the western Mediterranean sea off the Spanish coast, the Spanish coastguard said on Thursday, after six rafts sank.Spain…
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
