The Ukrainian Danube Shipping Company will build its own fleet of barges – preparations for creating a non-self-propelled vessel from the structures of donor vessels are already underway at the Kilia Shipbuilding and Ship Repair Plant. Dmytro Moskalenko, the head of the UDP, announced this. “The first two lighter (a type of barge) that act …
Construction has begun on AAL Shipping’s (AAL) first ‘Super B-Class’ heavy lift multipurpose vessel (MPV), the ‘AAL Limassol’, marked with a traditional steel cutting ceremony yesterday (Wednesday 1st March) at the CSSC Huangpu Wenchong Shipyard, Guangzhou, China. The AAL Limassol is the first in a fleet of six 32,000 deadweight tonnes (dwt) Super B-Class vessels …
UK energy market regulator Ofgem has provisionally approved SSEN Transmission’s plans to develop a subsea electricity transmission link to Orkney. SSEN Transmission SSEN Transmission submitted investment plans to Ofgem in March 2018 to build a new subsea transmission link to provide the additional capacity needed to meet the demand of Orkney renewable developers. In September 2019, Ofgem …
Subsea7, Siem Offshore, and Kongsberg Maritime have signed a Memorandum of Understanding to jointly look at optimisation of marine operations for floating wind projects. Subsea7 The main objective of the study is to identify gaps in capabilities of existing marine operation methodologies and equipment, to enable robust and efficient execution of large-scale floating wind developments …
Subsea7, Siem Offshore, and Kongsberg take aim at floating offshore wind Read More »
University of Victoria’s Pacific Regional Institute for Marine Energy Discovery (PRIMED) has secured C$1 million ($730,000) grant to progress a renewable energy microgrid project incorporating a wave energy device on Nootka Island in British Columbia. Brad Buckham from PRIMED showcasing a similar type of buoy-based wave data collection platform that will be deployed in the …
Canadian wave energy project gets over $700K funding boost Read More »
The Spanish regulatory authority the Comisión Nacional de los Mercados y la Competencia (CNMC) and the French counterpart the Commission de régulation de l’énergie (CRE) have reached an agreement on the distribution of financing for the electricity interconnector that will link France and Spain taking into account the increase in costs. CNMC Currently, the Bay …
Spain-France subsea interconnector to be developed in spite of ‘sharp’ rise in prices Read More »
PGS has entered into an agreement with an undisclosed client to conduct a 3D exploration acquisition survey offshore Namibia. PGS’ Ramform Titan vessel (Courtesy of PGS) PGS plans to complete the acquisition in late May 2023 and is mobilizing its Ramform Titan vessel for the survey. Rune Olav Pedersen, President and CEO at PGS, said: …
PGS secures new 3D seismic acquisition contract in Namibia Read More »
Introduction Tankers dominated the demolition market this year, accounting for approximately 43% of all cargo vessels scrapped. In comparison, the number of Bulkers scrapped was low, with 48 vessels accounting for 38% of the scrapped fleet, LPG vessels scrapped totalled 11% while the number of Container vessels sold for demolition accounted for only 7%, and …
After the June 2022 enactment of the Ocean Shipping Reform Act (OSRA), the Federal Maritime Commission (FMC) issued a notice of proposed rulemaking (NPRM) in October 2022, relating to demurrage and detention billing requirements. The FMC proposed several actions in the NPRM, including adopting a list of minimum information that common carriers must include in …
Navigating the Ocean Shipping Reform Act, Part Two: New Rules and Big Changes Read More »
Norwegian company Ocean Oasis has secured funding from the existing and new investors that will be used to further develop its wave energy-driven desalination technology. Kristine Bangstad Fredriksen, Ocean Oasis co-founder and CEO (Courtesy of Ocean Oasis) Kristine Bangstad Fredriksen, Ocean Oasis co-founder and CEO (Courtesy of Ocean Oasis) The new funding round is led …
Ocean Oasis raises capital to advance wave energy driven-desalination tech Read More »
