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SAFEEN Group’s fully electric tug achieves Guinness World Record

Uncategorized
Damen Shipyards Group and its client SAFEEN Group, part of AD Ports Group’s Maritime & Shipping Cluster, have announced a Guinness World Records™️ title for the Most Powerful Electric Tugboat.

Silverstream and Yiu Lian Dockyards sign MoU to drive Silverstream® System installations

Business
The shipyard accepts all major vessel types but is well known as the leading repair yard in China for LNG carriers (LNGCs).

Van Oord completes major dredging project in Egypt

Ports
Ain Sokhna Port is located on the western coast of the Gulf of Suez, about 120 kilometres east of Cairo and 40 kilometres south of Suez.

McDermott awarded Harriet Alpha decommissioning contract by Santos

Offshore
Part of the Harriet Joint Venture (HJV) assets, the Harriet Alpha platform is one of the largest facilities slated for decommissioning.

New FuelEU Maritime module added to Fuelink platform to support compliance

Digitalization
"Fuelink brings together real-time data and complex regulatory formulas, allowing machine learning to support accurate and transparent GHG emissions management."

Babcock awards milestone recycling contract in UK’s Submarine Dismantling Project

Navy
Swiftsure will be the first decommissioned UK nuclear-powered submarine to be fully dismantled and disposed of.

FPSO Prosperity purchase by ExxonMobil Guyana completed

Business
The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033.

Trafigura signs long-term natural gas agreement with NuVista Energy Ltd

Oil & Gas
Trafigura has signed a long-term natural gas agreement with NuVista Energy Ltd., a leading producer of condensate-rich natural gas in the Montney formation in the Alberta Deep Basin, Canada.

Equinor strengthens its position in the Norwegian Sea

Oil & Gas
Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit. With this acquisition, Equinor increases its ownership to 69.5%.

Sweden cancels 13 offshore wind power projects due to potential Russian threat

Wind Energy
On Monday, November 4, the Swedish government announced, to the surprise of many, the cancellation of 13 offshore projects with a total capacity of 32 GW, all located in the Baltic Sea.

Crystal signs order with Fincantieri for third ocean ship

NewBuilds
Crystal has announced the finalization of an order with renowned Italian shipbuilder Fincantieri for construction of a third ocean ship.

Friday Shipbrokers fix chartering project with Boskalis to transport car carrier to China for repair

General
This project entails transporting the vessel—famously damaged by fire last year—aboard Boskalis' semi-submersible heavy lift flagship, the BOKA Vanguard, for necessary repairs and modifications in Asia.
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