March marks turnaround for container sector with record high 45 ULCS ship orders

In March, orders for 45 Ultra-large containerships (ULCS, 15,000+ TEU) were placed, breaking a record on its own. Adding to this; 27 orders for ‘smaller’ sized ships were placed in the same month, bringing the total order capacity to 866,060 TEU and marking a real turnaround for the container shipping sector. The turnaround for the …

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LNG carriers – the future is flexible

As global LNG production continues to grow, the industry is turning its thoughts towards the next generation of carrier vessels that will underpin the supply chain for this vital energy source. In an era dominated by the drive for decarbonisation and efficiency, integrated powertrain solutions open up tremendous opportunities to develop flexible, future-proof LNG carrier …

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El Puerto de Tarragona instala 10 cajas nidos para mejorar el control biológico y proporcionar refugio a las aves

La acción se enmarca dentro de la ‘Recuperación de la biodiversidad autóctona y mitigación de las emisiones’ incluida en el Plan de Sostenibilidad Agenda 2030 del Puerto de Tarragona La instalación de cajas nido, en una zona verde como la cantera de Cap Salou, ayuda a aumentar la presencia de pájaros y además tiene un …

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Carbon Collectors gets green light for its CO2 barge-push tug design

A CO2 transport and storage barge-push tug combination, developed as part of the Carbon Collectors initiative, has won approval in principle from Bureau Veritas. The concept was developed by Dutch shipyard Royal Niestern Sander and the shipping company Imodco Royal Wagenborg. “We are proud this CO2 barge-push tug combination – including the offshore single point mooring …

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Halliburton and Optime Subsea forge global alliance

Oilfield services giant Halliburton has formed a global strategic alliance with Optime Subsea to jointly commercialize and deploy subsea interventions and controls. Jan-Fredrik Carlsen, CEO of Optime Subsea (Courtesy of Optime Subsea) The alliance entails applying Optime Subsea’s Remotely Operated Controls System (ROCS) to Halliburton’s completion landing string services, the alliance partners informed. The companies …

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Petrofac extends $700 million loan

Oilfield services provider Petrofac has extended $700 million of its banking facilities at its request with the unanimous support of lenders. Petrofac said on Wednesday that these extensions comprised a $610 million extension of its existing revolving credit facility to 2 June 2022, with an option to extend for a further six months, and a …

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Zero-emission wind turbine installation solution gets financial push

Nekkar has secured a NOK 21 million grant from Innovation Norway to progress with the development of SkyWalker, its disruptive wind turbine installation solution. SkyWalker uses active heave compensation derived from offshore lifting systems combined with digital solutions that allow for remote-controlled and automated solutions. The solution is being developed as a zero-emissions system. It …

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