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Fincantieri delivers 2nd next-gen Prima-class cruise ship to NCL

Italian shipbuilder Fincantieri has delivered the second of six new Prima-class cruise ships to Norwegian Cruise Line (NCL). Fincantieri As disclosed, the vessel Norwegian Viva was delivered at Marghera shipyard on 3 August. The new ships will have 143,000-tons, and will be almost 300 meters long, accommodating approximately 3,100 guests. The first ship in this …

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OMV all set to embark on drilling activities with Transocean rig

OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has secured a drilling permit from Norway’s authorities for exploration drilling in the Norwegian Sea, using one of Transocean’s semi-submersible rigs. Transocean Norge; Source: Transocean The Norwegian Petroleum Directorate (NPD) disclosed on Friday, 4 August 2023, that it had granted OMV Norge a drilling permit …

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Naviera Armas Trasmediterránea renueva las certificaciones ISO 9001 e ISO 14001

La compañía está comprometida y apuesta por la calidad de sus procesos, servicios y está concienciada con el medio ambiente Naviera Armas Trasmediterránea ha renovado las certificaciones ISO 9001 e ISO 14001. Con ello, la compañía reitera su compromiso y apuesta por la calidad de sus procesos, de sus servicios y está plenamente concienciada con …

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Crown LNG Holdings to go public via merger deal

Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, and Catcha Investment, a publicly traded special purpose acquisition company, have announced a definitive agreement for a business combination that is set to result in Crown becoming a U.S. publicly listed company. Kakinada LNG terminal; Illustration; Courtesy of Aker …

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Norwegian company sets sights on Southeast Asia’s wave energy potential

Norwegian wave energy company Havkraft has joined forces with Singapore-based Neuto to spearhead green transition in Southeast Asia through the development of ocean energy projects using the Havkraft N-class wave power plant. Illustration/Wave energy array based on H-WEC technology (Courtesy of Havkraft) The strategic partnership was formalized with the signing of a memorandum of understanding …

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A.P. Moller – Maersk reports robust Q2 financial results in difficult market conditions

Maersk (Maersk) reports a second quarter of 2023 ahead of expectations, while the ongoing market normalisation continued through the quarter leading to lower volumes and lower rates. Revenue stood at USD 13.0bn compared to USD 21.7bn in Q2 2022 while profitability was strong at 12.4% although significantly lower compared to the extraordinarily strong Q2 2022. …

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Oil demand supports crude tanker rates despite OPEC+ cuts: Euronav

Crude tanker markets remain supported by resilient, unseasonal oil demand growth despite downward pressure from the supply cuts by OPEC and its coalition partners, Euronav said Aug. 3 while posting stronger second-quarter results. The Belgian tanker operator, which has a fleet of nearly 70 VLCCs and Suezmaxes, said crude shipments haven’t shown seasonal dips during …

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EPA Settles with World’s Third Largest Shipping Container Company over Claims of Clean Water Act Violations

The U.S. Environmental Protection Agency (EPA) has settled with CMA CGM, the world’s third largest shipping container company, over claims of violations of EPA’s Vessel General Permit issued under the Clean Water Act. Under the terms of the settlements, CMA CGM will pay $165,000 in penalties for claims of violations by four of the company’s …

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