Dutch/German grid operator TenneT said Monday that the 900 MW offshore substation platform DolWin kappa had sailed away from the Dragados Offshore shipyard in Cádiz, Spain. "TenneT will soon be reliably bringing even more green wind power from the German North Sea to land via the direct current connection DolWin6," TenneT said in the announcement of the sailaway which took place on August 5, 2022.
Asset manager Atlas Corp said on Thursday it received a takeover offer from consortium group Poseidon Acquisition Corp in an all-cash deal for $3.64 billion.Poseidon, which comprises Atlas' board chairman David Sokol, affiliates of Canadian investment company Fairfax Financial Holdings Ltd, the Washington Family, and Japanese shipping company Ocean Network Express Pte Ltd
Ukrainian forces attacked drilling platforms in the Black Sea owned by a Crimean oil and gas company, the pro-Russian head of the annexed peninsula said on Monday, giving no details of what weapons were used.Three people were wounded and a search was underway for seven workers from the Chernomorneftegaz energy company, Sergei Askyonov, the Russian-installed head of Crimea
Allseas giant Pioneering Spirit offshore construction ship is back in Stord, Norway, to deliver several decommissioned platform facilities removed from the Aker BP's Valhall field complex, located in the North Sea offshore Norway. The facilities will be recycled.The Pioneering Spirit, dubbed the world’s largest vessel, arrived in Stord on June 9
Members of the North and Standard Clubs have voted to approve the merger between the two marine insurance firms, creating one of the largest providers of mutual cover in the maritime industries.The P&I clubs, which revealed plans to merge earlier this year, each held special general meetings on May 27 where members voted to greenlight the move to join forces as a single, larger mutual insurer.
U.S. private equity firm Cerberus will acquire for $300 million a debt-laden shipyard in the Philippines at a former U.S. navy base close to the South China Sea, the facility's trustee and two sources with knowledge of the deal said on Tuesday.The fate of the strategically located Subic Bay shipyard has been a national security concern for defense chiefs
Shipping group Maersk will temporarily halt all container shipping to and from Russia in response to Western sanctions on Moscow following its invasion of Ukraine, the company said on Tuesday.The move follows similar decisions by Singapore-headquartered Ocean Network Express (ONE), Germany's Hapag Lloyd HLAG.DE and Swiss-based shipping group MSC.
An oil production and storage vessel exploded off the coast of Nigeria early on Wednesday with 10 crew members on board though it was not yet clear if there were any casualties or how much crude might have spilled into the sea.Nigeria's Shebah Exploration & Production Company Ltd (SEPCOL) said on Thursday that flames had engulfed the Trinity Spirit floating production, storage
Tanker shipping company Hafnia on Thursday announced it has completed its acquisition of 32 product/chemical tankers from Chemical Tankers and 12 LR1 tankers from Scorpio Tankers.Singapore-headquartered Hafnia, created through a merger between Hafnia Tankers and BW Tankers in 2019, now has an owned fleet of 152 vessels and commercially managed fleet of 242 vessels.
Eidesvik Offshore, a Norwegian offshore support vessel owner, has signed a deal with oil firm Aker BP and Alma to investigate the possibility of using Alma's fuel cell technology to accelerate the transition to zero-emission shipping.Alma is a venture under establishment by Aker Group's recently formed platform for venture capital in industrial technology Clara Venture Labs.
The world's largest shipping firm A.P. Moller-Maersk has suspended five employees as part of an investigation into an alleged sexual assault on one of its ships run by a U.S. subsidiary, and said it was working closely with American authorities."We do everything we can to ensure that all of our workplace environments, including vessels
The U.S. Coast Guard and National Transportation Safety Board on Friday wrapped up the formal public hearing proceedings into the sinking of the liftboat Seacor Power and the death of 13 of its 19 crewmembers in the Gulf of Mexico.The Seacor Power capsized in heavy winds and seas on April 13, 2021, about seven miles south of Port Fourchon, La.