Siemens Energy has selected UK-based Fussey Engineering to supply and install steel framework and cladding at the National Grid 400kV substation site adjacent to the Hornsea Two offshore wind project.The steelworks, which will involve the construction…
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Høglund to Supply FGSS for Tallink
Norwegean global marine automation and system integration expert Høglund Marine Solutions (HMS) will supply Fuel Gas Supply Systems (FGSS) to Rauma Marine Constructions (RMC) for Tallink Grupp’s newest LNG powered ferry, MySTAR.Høglund will…
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FSL Trust Sells Crude Tanker FSL Shanghai
FSL Trust Management Pte., the trustee-manager of First Ship Lease Trust, has announced the sale of the crude oil tanker FSL Shanghai.FSL Trust Management has executed a Memorandum of Agreement (MoA) to sell the crude oil tanker to an unaffiliated…
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JPMorgan raises clean energy spending goals, profit targets unchanged
JPMorgan Chase & Co largely maintained its key profit goals for the medium term on Tuesday, signaling steady but slower growth, and raised its financial commitment for clean-energy initiatives after years of pressure from environmental activists.
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Iran Invests $857Mn in Maritime Industry
Iran's Ports and Maritime Organization (PMO) has allocated 36 trillion rials (about $857.2 million) allocated 36 trillion rials ($857.2 million) to develop the country's maritime industry, including the construction of 83 vessels.Mohammad Rastad…
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Enestas Plans First Dual LNG Terminal in Mexico
Mexican liquefied natural gas (LNG) company Enestas is planning to build the first first dual LNG and liquid ethane port terminal in Mexico.The new facility is located on the Gulf Coast and unloads directly from vessels up to 22,000 m3 in size.
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COVID-19: IMO Urges No Unnecessary Delays To Ships
The International Maritime Organization (IMO) has sent a letter to its member states amid the outbreak of the novel coronavirus asking them to undertake all possible measures to prevent unnecessary delays of ships.The letter urges Flag State authoritie...
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THE Alliance Updates MESN
THE Alliance, which includes Hapag-Lloyd, Hyundai Merchant Marine (HMM), Ocean Network Express (ONE), and Yang Ming, announced updated details of its 2020 service network, focusing on the Asia-Middle East trade-lane.THE Alliance will introduce…
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Fincantieri Teams-up with UAE’s Marakeb
Italian shipbuilder Fincantieri and United Arab Emirates electronic firm Marakeb Technologies, have agreed to form a global partnership in the field of autonomous technology.The agreement was signed by Basel Shuhaiber, Chief Executive Officer of Marake...
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Northland Expands Offshore Wind Pipeline in Asia
Canadian power producer Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea.Dado Ocean is currently owned by Eui Jeong Hwang, an experienced wind power…
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