Digital solutions that offer progress on decarbonisation are now “amongst the most prolific and persistent requirements” for Maersk Supply Service, according to Kasper Thiesen, Head of IT, as the offshore support vessel operator and solutions provider drives towards achieving net zero emissions by 2040. His sentiment reflects the contents of the Inmarsat-Thetius Research Programme report …
Watson Farley & Williams (“WFW”) has advised Norddeutsche Landesbank Girozentrale (“NORD/LB”) on the long-term financing of an import terminal for liquified gases to be constructed in Stade-Buetzfleh, Lower Saxony, Germany. The project in Niedersachsen Ports GmbH & Co. KG’s harbour section, which is being co-financed by both the German Federal Government and the state of …
WFW advises NORD/LB on €100m German LNG terminal financing Read More »
UK-based offshore drilling contractor Awilco Drilling has decided to transfer from the Oslo Stock Exchange to Euronext Growth Oslo as it has no remaining drilling assets in its fleet. After completing the sale of the stacked WilHunter rig in June 2022, Awilco Drilling was left with no other rigs in its fleet, as it wrapped up its …
With no more rigs in its fleet, UK player transferring to Euronext Growth Oslo Read More »
The first floating storage and regasification unit (FSRU) intended for use at a floating LNG terminal in Lubmin, Germany, has arrived at Mukran Port, according to Deutsche ReGas. As Deutsche ReGas – the developer of the first and so far only privately financed LNG terminal – informed, the FSRU Neptune entered Mukran Port on 23 …
First FSRU intended for use at Lubmin LNG terminal arrives in Germany Read More »
Can developers, offshore construction companies, and shipbuilders map a road for the offshore wind sector to reach massive capacity targets while avoiding bottlenecks caused by vessel shortages and port over-capacitation? But also, are some of these challenges in the industry providing opportunities for the supply chain? On 30 November, Offshore Energy Exhibition & Conference will …
Keppel Corporation’s subsidiary, Keppel Offshore & Marine (Keppel O&M), has delivered the first of three newbuild jack-up rigs to the UAE’s ADNOC Drilling. This is in line with the drilling giant’s fleet expansion strategy to meet ADNOC’s production capacity targets. Originally, the three rigs were part of a series of five rigs that Keppel FELS …
Keppel hands over first of three newbuild jack-up rigs to ADNOC Drilling Read More »
Swedish shipowner Furetank has been granted state and EU climate investment support for installing shore power connection on Vinga tanker. As explained, the funding will be provided by Klimatklivet, an initiative by the Swedish Environmental Protection Agency and NextGenerationEU, which supports local climate investments that reduce greenhouse gas emissions. Credit: Furetank “This grant is a very positive response to …
Furetank wins grant to install shore power connection on Vinga tanker Read More »
In less than 12 months, Klaveness Digital together with ZeroLab have commercialized an emissions monitoring solution that is now live in CargoValue. The monitoring solution, titled ‘Emissions’, is now measuring a significant share of emissions from global dry bulk shipping, empowering its customers to continuously track and manage their carbon footprint. “Arming our industrial customers …
CargoValue now measuring a significant share of global emissions from dry bulk shipping Read More »
The ABS Requirements for Bonded and Composite Repairs of Steel Structures and Piping is the latest in a portfolio of technical requirements from the premier classification organization to support the marine and offshore industries. Particularly with offshore structures that remain at their operation sites for long periods of time, corrosive damage is frequently discovered yet …
ABS Publishes Detailed Requirements for Composite Repairs Read More »
Blue-chip shipping and port names in China are currently at attractive valuations, writes UOB Kay Hian Research analyst Roy Chen. Despite some slowdown in volume growth amid near-term economic headwinds, Chen expects the port segment’s profitability to be largely stable due to recent rate hikes and notes that China’s integration within RCEP is a medium-term …
