London-based multinational law firm Linklaters has advised Green Investment Group (GIG) on the acquisition of a 40% stake in Iberdrola’s Scottish Power Renewables’ 714MW East Anglia One offshore wind farm.Once commissioned in 2020, it will be one of th...
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TurkStream Terminal Nears Completion
Gazprom’s Turkish Stream (TurkStream), the natural gas pipeline running from the Russian Federation to Turkey, has been 95% completed."Construction progress of the receiving terminal for the TurkStream Offshore Gas Pipeline has reached 95%. All works a...
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Offshore Wind: Regulatory “Takes” – Take a Close Look
On April 30 the National Oceanic and Atmospheric Administration (NOAA) published a notice, requesting public comments, on a proposed “incidental harassment authorization” (IHA). An IHA is a legal and enforceable document presenting the terms…
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China state agency successfully launches rocket for commercial use: CCTV
A Chinese government space agency successfully launched on Saturday its first rocket meant for commercial use, state television CCTV reported, as firms in the country compete to join a commercial satellite boom.
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ASCO Overhauls Shair Vagif
The multi-purpose dry cargo vessel Shair Vagif, owned by the Transport Fleet of the Azerbaijan Caspian Shipping Company (ASCO) and operated in external waters, was overhauled at the Chernomorsk Shiprepair Yard shipyard in Ukraine.Within the implemente...
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Samsung Heavy Bags LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a deal to build a liquefied natural gas (LNG) carrier for an Asian customer.According to Yonhap, SHI the deal is worth 225.5 billion won (US$185 million).The new vessel is scheduled…
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Concordia Expects Stong Tanker Market
During the first half of 2019, the tanker markets produced voyage result per day levels that exceeded the corresponding period in the slump year 2018 by 50-100 percent, said Concordia Maritime.The Swedish international tanker shipping company's…
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Industry Bodies Join Force for Ocean Economy
The World Ocean Council (WOC) and the World Association for Waterborne Transport Infrastructure (PIANC) have signed an MOU on long-term cooperation.The partnership agreement provides a commitment and framework for the two bodies to collaborate…
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NYK Sponsors Sea Turtle Research
Japanese shipping giant Nippon Yusen Kaisha (NYK Line) said that it has started a new approach to track loggerhead sea turtles (listed on the IUCN Red List of Threatened Species) in the Kishu Minabe Sea Turtle Research Project sponsored by NYK and cond...
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SHI Thrusts on Smart Ship Technology
South Korean shipbuilding giant Samsung Heavy Industries (SHI) has pushed ahead with advancing smart ship technology thanks to joint work with global equipment producers on SVESSEL, a smart ship system independently developed by Samsung.Yesterday…
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