United Kingdom
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Offshore
TechnipFMC lands new contract with Petrobras
Subsea giant TechnipFMC has been awarded a contract by Petrobras to supply flexible pipes for the pre-salt fields offshore Brazil.…
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Offshore
Equinor gives go-ahead for $3.8bn investment in Rosebank offshore oil field
Norwegian energy major Equinor and its partner Ithaca Energy have taken the final investment decision to progress Phase 1 of…
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Offshore
Subsea 7 and SLB alliance deepens ties with BP
Subsea Integration Alliance, a non-incorporated tie-up between Subsea 7 and SLB’s OneSubsea has penned a memorandum of understanding with UK…
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Europe
COSCO opens warehouse in London
Crystal Logistics, a subsidiary of COSCO Shipping, has opened a flagship warehouse at DP World’s London Gateway Freeport with the…
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Operations
Fearnleys takes over Ocean Shipbrokers
Norwegian shipbroker Fearnleys has snapped up UK-based Ocean Shipbrokers, bolstering its activities in tankers, sale and purchase and LPG. Fearnleys…
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Operations
Shipping’s top brass have itchy feet
Recruitment firm Faststream has just published its latest Senior Maritime Executive Report in which it is clear shipping’s top brass…
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Renewables
UK gives green light to RWE’s Welsh offshore wind farm
UK Secretary of State for Energy Security and Net Zero Claire Coutinho has given the go-ahead to Wales’ largest renewable…
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Finance and Insurance
Industry-wide cooperation and knowledge sharing vital on path to net zero: IUMI
Global ocean hull premiums rose in 2022 by 5.7% to reach $8.4bn, delegates attending this week’s annual gathering of the…
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Offshore
Ithaca braces for six-day strike by Petrofac offshore workers
Around 85 offshore workers employed by Petrofac are set to take strike action over six days on installations operated by…
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Tech
Lomar developing methane-reducing tech with Silicon Valley firm
Lomar’s new subsidiary lomarlabs has partnered up with Silicon Valley tech start-up Blue Dot Change for the development, design, and…
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Renewables
Eneti’s Seajacks pens offshore wind turbine installation contract
Emanuele Lauro-led offshore wind vessels player Eneti announced that its subsidiary Seajacks has signed a vessel reservation agreement with an…
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Finance and Insurance
IUMI president discusses ‘turbulent seas’ as annual insurance gathering meets in Scotland
Opening this week’s International Union of Marine Insurance (IUMI) annual conference in Edinburgh, Scotland, president Frédéric Denèfle discussed the current…
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Tankers
Aframax asset play pays off for Union Maritime
Laurent Cadji-led Union Maritime is widely reported to have earned $36m on an asset play while also spending $65.5m on two…
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Renewables
UK wind capacity overtakes gas for the first time ever
An analysis from Imperial College London for Drax Electric Insights has found that the UK now has more installed wind…
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Operations
SSY rolls out EU carbon market compliance service
London-based Simpson Spence Young (SSY) has launched a new service to secure carbon allowance procurement for clients ahead of shipping’s…
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Gas
Wilhelmsen takes Avenir LNG bunker trio under management
Wilhelmsen Ship Management has sealed a deal with London-based small-scale liquified natural gas carrier owner Avenir LNG to manage three…
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Offshore
BP CEO Bernard Looney resigns over past relationships with colleagues
The chief executive officer of energy giant BP, Bernard Looney, has resigned from his position with immediate effect for failing…
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Renewables
UK looking at 50% increase in offshore energy workforce by 2030
Research done by Robert Gordon University (RGU) has shown that the UK offshore energy workforce could increase by up to…
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Dry Cargo
EuroDry adds Marine Capital’s bulker trio to its fleet
Greek dry bulk owner EuroDry has agreed to acquire three ultramax bulkers from UK-based marine asset manager firm Marine Capital.…
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Renewables
Bibby Marine-led consortium seals UK funds for electric SOV
Bibby Marine and consortium partners have been awarded over £20m ($25m) in funding from the UK Government’s Zero Emission Vessel…
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