Deme Offshore has laid all inter-array cables, manufactured by its partner Hellenic Cables, for the first phase of 3.6 GW Dogger Bank offshore wind farm in UK.More than 200 miles of 66KV inter-array cables have been successfully installed by delivery partners working on the construction of the world’s largest offshore wind farm.
Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop - but it is hardly the only issue that big carriers are facing as 2024 kicks off.Giants like Maersk say the industry, which handles 90% of global trade, faces the possibility of significant disruptions, from ongoing wars to droughts affecting key routes like the Panama Canal.
U.S. research is advancing on the potential to change fuel for nuclear reactors on Navy submarines and aircraft carriers from bomb-grade uranium to a safer option, documents showed Wednesday, even as the program's funding is at risk in Congress.In order to lower proliferation risks of keeping stockpiles of highly-enriched uranium, the U.S.
A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo there for weeks or even months, shipping experts said on Wednesday.Retailers like Walmart and other importers have been rushing goods in ahead of the Sept. 30 expiration of the union contract covering some 45,000 dockworkers at three dozen seaports from Texas to Maine.Their goal? To land cargo in the U.S.
U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a stronger negotiating position, shipping industry analysts said.Iran-aligned Houthi missile and drone attacks on commercial ships in the Red Sea have forced most container carriers to reroute vessels around Africa and sent spot rates
Longship Group entered a joint newbuilding project with Wagle Chartering AS for two "GS Eco-Freighter 3700" to be built by GS Yard BV in Waterhuizen, the Netherlands.The general cargo ships feature single open top box shaped holds of about 181,000 cbft intake. The vessels are equipped with two bulkheads that can be used as tweendecks.
Australia's second-largest oil and gas producer Santos estimated its full-year production to be at the top half of its forecast range on Thursday, and said its Pikka project could start oil production as early as 2025.The company expects to report full-year production in the top end of the forecast range of 84 -90 million barrels of oil equivalent (mmboe), with 65.6 mmboe achieved year-to-date.
U.S. offshore oil producers were taking initial steps ahead of a storm predicted to become a hurricane in the middle of the week, evacuating non-essential staff from Gulf of Mexico production platforms.The U.S. National Hurricane Center said that the potential tropical cyclone system Nine near the western tip of Cuba was expected to develop into a hurricane on Wednesday as it moves across the
Marine technology company Sea Machines Robotics has unveiled a new uncrewed surface vessel (USV) geared for industries ranging from hydrographic surveying, offshore asset inspection, and persistent on water operations such as security and environmental studies.The first model, SELKIE 7
NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande liquefied natural gas (LNG) facility in Texas by the second half of 2024.The Rio Grande LNG export plant has been in development for several years, suffering repeated delays.
Jeffrey G. Sipes has been named chief executive officer at engineering and construction firm S&B, parent company to naval architecture and marine engineering firm TAI Engineers.“S&B has a remarkable record of growth and success over the past sixty years, and we look forward to decades of further success. The markets we serve are changing, creating new opportunities for growth.
KR has awarded a third-party verification certificate for a “Greenhouse Gas Reduction Calculation Methodology” developed by HMM, South Korea’s largest shipping company.The methodology is based on the Renewable Energy Directive II, a regulatory framework adopted by the EU to promote the use of renewable energy to all member states.