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Finland Accedes to Cape Town Agreement

Finland has become the latest State to become Party to the Cape Town Agreement on fishing vessel safety, said International Maritime Organization (IMO).The Agreement outlines regulations designed to protect the safety of crews and observers…

First Subsea Guards NnG OWF

First Subsea, part of the First Tech Group based in Aberdeen, has won the inter-array cables protection contract from DEME at the Neart na Gaoithe (NnG) offshore wind farm (OWF).The cable protection system will be designed to protect the cable…

EDS Wraps Up Horns Rev 3 Work

UK high voltage engineering specialist EDS HV Group has completed consultancy work at Vattenfall's 407MW Horns Rev 3 (HR3) wind farm off Denmark.Vattenfall’s Horns Rev 3, located off the coast of Denmark, contains 49 8.3MW MHI Vestas turbines…

Denmark Needs More Women at Sea

Danish Shipping is focusing on enhanced participation of women in shipping and has introduced many initiatives that have been launched to increase the number of women on board.With its task force for more women at sea, 10 recommendations for…

Alphabet Winds Down Makani

Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani wind energy kites.Google acquired Makani, which developed airborne wind turbines and aimed to make wind energy more accessible and affordable, in 2013.

Elengy Acquires Fosmax LNG

Elengy, a subsidiary of French energy group Engie, has acquired French energy group Total's 27.5% stake in Fosmax LNG, owner of the liquefied natural gas (LNG) terminal at Fos Cavaou in southern France.Elengy now owns 100% of its three LNG terminals: Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne.

Excelerate to Manage FSRUs In-house

Houston-based Excelerate Energy’s unit, Excelerate Technical Management (ETM) has been authorized to operate as ship manager for its parent company’s entire fleet of floating storage and regasification units (FSRUs).The Republic of the Marshall…

Ingeteam Tech for Wallenius LNG Vessel

Electric power conversion specialist Ingeteam has signed the contract with Yantai CIMC Raffles Offshore (China) for Swedish Wallenius SOL’s LNG-powered newbuilds.The contract comprises of the delivery of the engineering, production, commissioning…

COVID-19 Could Impact Indian Shipping

India’s shipping and ports industry is likely to be negatively impacted by the outbreak of coronavirus (COVID-19) across China and South-East Asia, according to credit rating agency ICRA.China has been a major driver of global shipping trade in tanker, dry bulk and container segments.

Port of Maputo Deepening Ops Complete

Jan De Nul Group reports that it has finished the maintenance dredging operations in the Port of Maputo, Mozambique, for the Maputo Port Development Company. This dredging campaign restored the depths created after Jan De Nul Group’s 2016 capital dredging campaign.Since 2017…

Younger Wins Engineering Award

Buck Younger, Vice President of Engineering with VT Halter Marine, was named the Marine Engineer/Naval Architect of the Year by the Mobile Area Council of Engineers (MACE). VT Halter Marine, Inc. (VT Halter Marine), is a company of ST Engineering North America.

Baltic Index Vessel Rates Edge Higher

The Baltic Exchange's main sea freight index rose on Wednesday as rates improved across all vessel segments, even as shipping activity remained subdued due to the coronavirus outbreak in China.The Baltic index, which tracks rates for capesize…

Hapag-Lloyd Raises 2019 Operating Profit by 80%

German container shipping line Hapag-Lloyd raised its 2019 operating profit by 80% to 811 million euros ($875.47 million) as it earned higher freight rates and cut costs, the Hamburg-based firm reported on Wednesday."The main drivers of the positive business developments have been improved freight r

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