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Renewables
Australia looking to open up 14GW offshore wind zone
Australia’s Minister for Climate Change and Energy has proposed an area in the Southern Ocean to be zoned for the…
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Offshore
Norway gives go-ahead for over $18bn in offshore oil and gas investments
The government of Norway has given the green light to companies to develop 19 oil and gas offshore fields with…
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Finance and Insurance
Libra board member becomes major shareholder in greentech firm
Tergeo Limited has become a major shareholder in greentech company SulNOx following a series of off-market transactions. Tergeo Limited now…
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Gas
CoolCo buying two LNG carriers newbuilds for $234m each
LNG shipowner Cool Company (CoolCo) has exercised its option to acquire two newbuild LNG carriers from affiliates of EPS Ventures.…
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Renewables
Europe’s offshore wind tower demand to surpass manufacturing capacity by 2028
Offshore wind developments are a critical component of Europe’s energy transition plans, but a supply headache could be on the…
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Offshore
Transocean wins more work for semisub in Australia
The Swiss-based rig owner and operator Transocean has won a 16-well contract in Australia for one of its semi-submersible drilling…
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Offshore
Saipem scores $1bn in offshore deals
Italian energy services contractor Saipem has been awarded two new contracts in the Middle East and Brazil worth around $1bn.…
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Tankers
Ineos debuts in LNG sector with MOL newbuilding charters
Ineos Energy Trading has made its first foray into the LNG market by signing a charter agreement with Mitsui OSK…
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Offshore
Technip FMC and Technip Energies pay $230m in fines to avoid corruption lawsuits
Subsidiaries of TechnipFMC and Technip Energies will pay fines of nearly €210m ($230m) to avoid lawsuits regarding subsea projects undertaken…
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Tankers
Performance Shipping charters aframax to ST Shipping
Nasdaq-listed Greek tanker owner Performance Shipping has entered into a time charter contract with ST Shipping & Transport for an…
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Operations
Six brokers from bankrupt Lorentzen & Co join Affinity
Richard Fulford-Smith-led broking firm Affinity has hired six former employees of Lorentzen & Co which declared bankruptcy after over 100…
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Bunkering
TotalEnergies enters methanol bunkering study in Singapore
French fuel supplier TotalEnergies Marine Fuels and Green Marine Bunkering have entered a memorandum of understanding on a joint development…
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Finance and Insurance
Danaos questions Eagle Bulk’s poison pill decision
Greek containership owner Danaos, the largest shareholder of Eagle Bulk Shipping, has questioned the company’s move to adopt a poison…
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Offshore
Number of Norwegian offshore workers threatening to strike later this week rises to over 1,600
The number of Norwegian offshore workers set to go on strike on June 29 without a new wage deal in…
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Offshore
TechnipFMC wins more work in Angola with Azule Energy
Offshore contracting giant TechnipFMC has been awarded a significant contract by Azule Energy to supply subsea production systems for the…
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Finance and Insurance
Braemar shares to be suspended as investigation into 2013 case delays annual results
Despite readying its books for what it maintains will be record results, the British shipbroker, Braemar, has conceded it will…
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Regulatory
Macron’s shipping carbon levy plans kept alive by new EU proposal
Even though efforts by French President Emmanuel Macron to find support for a global carbon tax on the shipping industry…
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Ports and Logistics
Macquarie Asset Management sells Ceres Terminals to Carrix
Marine terminal operator Carrix has agreed to purchase Ceres Terminals from Macquarie Asset Management. Ceres operates in 18 locations throughout…
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Shipyards
AD Ports enters drydocking market with Premier Marine partnership
UAE’s AD Ports and its shipbuilding compatriot Premier Marine have formed a new drydocking and repairs joint venture called Safeen…
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Ports and Logistics
DP World to start expansion of Indonesian container terminal
Dubai-based terminal operator DP World is set to begin management and a major expansion of Indonesia’s Belawan New Container Terminal…
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