Golar Power takes major step towards one of world’s largest GHG reduction initiatives

Golar Power Limited, a joint venture between Golar LNG Limited and Stonepeak Infrastructure Partners, is pleased to announce today the execution of a Memorandum of Understanding with Norsk Hydro to develop the first LNG terminal in the North of Brazil, a major step towards one of the largest greenhouse gas reduction initiatives, globally. The project …

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GAC brings 3,000 Indian seafarers home

Nearly 3,000 Indian seafarers from Holland America Line, Princess Cruises and Seabourn ships are back with their families after being successfully signed off from their vessels, guided through all COVID-19 procedures and safely delivered to their hometowns by GAC India. The crew members included those who had disembarked the cruise company vessels in Colombo, Sri …

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Union and shipping company clash over Covid-19 redundancies and overtime overhaul

Shipping giant DFDS and union Unite have clashed over claims it is using the coronavirus pandemic as an excuse to make redundancies and make “brutal attacks” on workers’ pay. Regional officer Mike Wilkinson launched the broadside, suggesting the dispute could escalate, with 86 jobs at risk and an overhaul of overtime terms and conditions. But …

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The Board of Directors of Konecranes Plc has resolved to establish a new performance share plan

The Board of Directors of Konecranes Plc has resolved to establish a new Performance Share Plan 2020 (the “Plan”) for Konecranes key employees. The Plan has a performance period from 2020 to 2022 with three separate measurement periods and separate targets for 2020, 2021 and 2022. The criterion for the measurement period 2020 is adjusted …

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TAQA files decommissioning plans for two North Sea platform topsides

TAQA Bratani has filed its decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea, to the UK authorities. North Cormorant platform; Source: TAQA Under these plans, topsides of both these platforms will be removed onshore for reuse, recycling or disposal. The North Cormorant platform is located in Block …

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Uniper, GE pair up on natural gas assets decarbonization

Germany’s Uniper has teamed up with General Electric to decarbonize its gas-fired power plants and natural gas storage facilities. Illustration only. Courtesy of Uniper GE’s Gas Power business and Uniper will explore, assess, and develop technology options for decarbonization, Uniper said. The company added this is GE’s first fleet-wide decarbonization program signed with a major …

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