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SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Equinor for the second phase of the Northern Lights CO₂ storage project offshore Norway. The contract covers the delivery of two satellite subsea CO₂ injection systems and related tie-in infrastructure. Initial equipment deliveries …
https://splash247.com/slb-onesubsea-wins-contract-for-northern-lights-phase-two-co2-project/
https://splash247.com/slb-onesubsea-wins-contract-for-northern-lights-phase-two-co2-project/Teekay Tankers has continued to offload its ageing tonnage by selling its oldest LR2 unit. S&P sources show the New York-listed firm is shipping out the 2007 Hyundai Heavy Industries-built 105,200 dwt Limerick Spirit to unnamed Greek interests for around $27.8m. The Kenneth Hvid-led owner and operator has been improving the age profile of its …
https://splash247.com/teekay-tankers-ships-out-its-oldest-lr2/
https://splash247.com/teekay-tankers-ships-out-its-oldest-lr2/Hong Kong-based dry bulk shipping giant Pacific Basin has signed a memorandum of understanding (MOU) with The Hong Kong and China Gas Company Limited (Towngas) to secure supplies of green methanol, as the company moves to meet tightening international emissions standards. The deal outlines plans for Towngas to provide Pacific Basin with green methanol that …
https://splash247.com/pacific-basin-signs-methanol-fuel-deal-with-towngas/
https://splash247.com/pacific-basin-signs-methanol-fuel-deal-with-towngas/The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International…
https://www.marinelink.com/news/first-russianbuilt-iceclass-lng-tanker-527282
https://www.marinelink.com/news/first-russianbuilt-iceclass-lng-tanker-527282cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik…
https://www.marinelink.com/news/family-sunstone-maritime-group-ceo-torch-527289
https://www.marinelink.com/news/family-sunstone-maritime-group-ceo-torch-527289The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has granted the first preliminary license for an offshore wind energy project in Brazil. The license was awarded to the Senai Institute for Innovation in Renewable Energy for the offshore wind turbine test site set to be implemented on the coast of Areia Branca, in …
https://splash247.com/brazil-issues-first-offshore-wind-license-to-24-5mw-pilot-project/
https://splash247.com/brazil-issues-first-offshore-wind-license-to-24-5mw-pilot-project/Spanish electric utility company Iberdrola has named Pedro Azagra as the group’s new chief executive officer. Azagra, who until now has held the position of CEO of the company’s USA subsidiary Avangrid, is replacing Armando Martínez. The incoming CEO has been with Iberdrola for 25 years, first as executive director of development with responsibility for …
https://splash247.com/iberdrola-picks-avangrid-head-as-new-ceo/
https://splash247.com/iberdrola-picks-avangrid-head-as-new-ceo/Egypt’s National Navigation Company (NNC) is continuing its fleet expansion with a fresh order for two additional kamsarmax bulk carriers. The state-owned Cairo-based owner has commissioned Jiangsu Hantong Ship Heavy Industry to build and deliver the 82,000 dwt units in September and November of 2028. This marks the second deal with Jiangsu Hantong in just …
https://splash247.com/egypts-national-navigation-back-in-china-for-more-kamsarmax-newbuilds/
https://splash247.com/egypts-national-navigation-back-in-china-for-more-kamsarmax-newbuilds/Greek shipping magnate George Economou has further solidified his return to the container sector with the acquisition of the 5,500 teu ZIM Yangtze, a modern containership currently on long-term charter to Israeli carrier ZIM. The vessel, formerly owned by Germany’s Elbdeich Reederei, was sold to Economou’s TMS Group for an undisclosed sum. The 5,500 teu …
https://splash247.com/economous-tms-group-acquires-zim-yangtze-in-ongoing-container-market-comeback/
https://splash247.com/economous-tms-group-acquires-zim-yangtze-in-ongoing-container-market-comeback/A fire broke out aboard an oil tanker undergoing repairs at a shipyard in Batam on Monday, killing four workers and injuring five others. The blaze ignited in the afternoon of June 24 aboard the Federal II, a 1990-built aframax tanker serving as a floating storage and offloading (FSO) unit. The vessel was docked at …
https://splash247.com/deadly-fire-engulfs-tanker-in-batam-shipyard/
https://splash247.com/deadly-fire-engulfs-tanker-in-batam-shipyard/