Europe
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Borr Drilling secures more work for jackup in Thailand
Oslo-listed jackup rig owner Borr Drilling has secured a letter of award (LOA) from UAE-based Mubadala Petroleum for the 2013-built…
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Former Wärtsilä employees in Russia set up their own business
Former Russian employees of Finnish marine technology firm Wärtsilä have established a new company after the latter halted its operations…
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Europe and Japan team up to slash methanol production costs
A group of European and Japanese researchers have been working to develop processes to optimise CO2 hydrogenation in terms of…
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Greek ports privatisation moves ahead
Greece’s ongoing port privatisation plans have turned to Alexandroupolis in the far northeast of the country near Bulgaria and Turkey.…
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Capital Product Partners unveils Athens $100m bond sale plan
Capital Product Partners (CPLP) is looking to raise up to €100m ($100.3m) in Greece through unsecured bonds which will be…
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Borr Drilling agrees refinancing deal with most creditors
Norwegian jackup rig owner Borr Drilling has reached an agreement in principle with most secured creditors on the extension of…
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CIP forms Japanese offshore wind JV
Danish fund manager Copenhagen Infrastructure Partners has joined forces with real estate investment firm Tokyu Land Corporation (TLC) to develop…
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Reach Subsea takes Volstad MPSV on long-term charter
Norwegian offshore services player Reach Subsea has struck a deal with compatriot owner Volstad Maritime to charter in the 2009-built…
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Wärtsilä to cut up to 450 jobs in Italy
Finnish marine technology firm Wärtsilä said it will scale down its manufacturing in Trieste, Italy, in a move which is…
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Amsterdam port to host 500 MW green hydrogen plant
HyCC a joint venture of the European electrochemical company Nobian and Macquarie’s Green Investment Group (GIG), has unveiled plans to…
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Saverys clan continue to build Euronav stake
The takeover saga surrounding Europe’s largest tanker owner is not over yet. Since April John Fredriksen has been battling the…
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Deutsche ReGas inks deal with TotalEnergies on another FSRU for Germany
Germany’s Deutsche ReGas has signed an agreement with French energy major TotalEnergies for the installation and operation of floating storage…
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Maersk Supply Service scores second US wind farm installation contract
Maersk Supply Service (MSS) has lined up more work in the US for its wind installation vessel (WIV), set to…
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Eidesvik Offshore seals MPSV deal
Norway’s Eidesvik Offshore has won a contract from an undisclosed client for the 1999-built multipurpose support vessel (MPSV) Subsea Viking.…
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Heerema secures Hornsea 3 contract
Dutch offshore construction firm Heerema Marine Contractors (HMC) has been awarded a contract by Norway’s Aibel to transport and install…
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OLL rolls out offshore wind crew management service
UK-based marine and renewable support business Offshore Operations Limited (OOL) has rolled out its full-service crew management offering for the…
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German ports brace for further strikes on Thursday
German ports are braced for a third strike within a few weeks as a dispute over wage increases continues to…
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Berge Bulk adds more wind power
Singapore-based owner Berge Bulk has contracted a British maker of rotor sails Anemoi Marine Technologies to supply and fit two…
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NIBC eyes further growth as shipping portfolio passes $1bn mark
Dutch lender NIBC Bank has passed the €1bn ($1bn) mark in its shipping portfolio, with eyes set on further growth.…
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Saverys family stands ground against ‘impossible’ Euronav and Frontline meger scheme
The Saverys family’s Compagnie Maritime Belge (CMB) continues to reject the proposed Euronav takeover bid by John Fredriksen’s Frontline, claiming…
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