The world's largest offshore wind farm will open on Thursday off the northwest coast of England when Danish energy group Orsted unveils the Walney Extension project.The wind farm has a capacity of 659 megawatts (MW), enough to power almost 600,000 home...
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SBM Offshore to Pay Additional Fines to Petrobras
SBM Offshore has reached a settlement to pay additional leniency fines of 200 million reais ($48.27 million) to Brazil's state oil company Petroleo Brasileiro SA, Brazilian prosecutors said on Wednesday.As a result of a long-running corruption investig...
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Hapag-Lloyd is ‘Excellence Green Star’ in Ship Recycling
Container shipping line Hapag-Lloyd is the first company to receive the “DNV GL Excellence Green Star” certificate in recognition of its compliance with the highest standards in ship recycling.Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, presented th...
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Somalian Maritime Administration to be Fully Operational Soon
Somalia’s Department of Maritime Administration is planned to become fully operational by the end of the year, enabling the country to discharge its flag, port and coastal responsibilities effectively in line with International Maritime Organization…
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ESPO Calls for Strengthening Maritime Connectivity at EU Ports
The investment needs of European ports over the next ten years amount to 48 billion EUR. Many port investments score high in creating societal value but the return on investment for the investor, the port managing body, is often low and slow.For these ...
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ICS-UN Negotiation on Future Ocean Governance
International Chamber of Shipping (ICS) is representing shipowners at the start of a major negotiation to agree a new legal instrument for the protection of the ocean under the UN Convention on the Law of the Sea (UNCLOS) – which will apply…
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Cargill, Rainmaking, DNV GL Advance in CO2 Challenge
The CO2 Challenge was hitting its stride and moving into the second stage, the project partners Cargill, Rainmaking and DNV GL announced.The CO2 challenge looks to find and scale technologies capable of reducing vessel greenhouse gas emissions…
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OOCL Bags 2018 Singapore Environmental Achievement Award
Orient Overseas Container Line (OOCL) has received the 2018 Singapore Environmental Achievement Award (Regional) at a ceremony held by the Singapore Environment Council’s (SEC) recently.The SEAA (Regional) Award category recognizes local or…
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China Tops Leading Maritime Nations of the World: Menon Economics
The 2018 report on the “Leading Maritime Nations of the World” ranks China as the world’s leading maritime nation, placed among the top four on all the maritime pillars in the ranking. China’s position is particularly strong in shipping and…
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Russia weighs possibility of deliberate act in space station damage
Russia's space agency said on Wednesday it hopes to announce the origin of a small hole found on a Russian module docked at the International Space Station in the coming weeks, including addressing whether the damage was deliberate.
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