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Acquisition consolidating the Luno II and Edvard Grieg ownerships

Oil & Gas
Lundin Petroleum AB is pleased to announce that its wholly-owned subsidiary Lundin Norway AS has entered into an agreement with Equinor Energy AS .

Ocean Cleanup gets green light to proceed to Great Pacific Garbage Patch

Safety & Regulations
The Ocean Cleanup announced that it has the 'go' to continue its journey to the the Great Pacific Garbage Patch and start cleaning plastics, after two weeks of tests in the Pacific.

Seanergy Maritime Holdings Becomes Solely Capesize Owner

Business
Seanergy Maritime Holdings Corp, announced today that it has entered into definitive agreements with unaffiliated third parties for the purchase of a modern secondhand Capesize vessel

The Challenge and Promise of India’s New Container Super-Port

Ports
Inter-city transportation in India includes coastal shipping that carries freight at very competitive tariffs.

HII gets $97m contract for 11th US Coast Guard NSC

NewBuilds
The U.S. Coast Guard on Friday awarded Huntington Ingalls Industries  Ingalls Shipbuilding division a $97M firm-fixed-price contract to procure materials for the 11th National Security Cutter.

Ship operating costs decline for sixth successive year

Safety & Regulations
Total annual operating costs in the shipping industry fell by 1.3% in 2017, which compares with the 1.1% average fall in costs recorded for 2016, according to Moore Stephens consultants.

Eesti Gaas Orders LNG Bunker Vessel for North-East Baltic Sea

NewBuilds
The leading Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas)  bunker vessel with bunker tank capacity of 6,000 m3. 

Van Oord acquires MPI Offshore

Wind Energy
Rotterdam, the Netherlands, 2 October 2018 – Van Oord completed the acquisition of MPI Offshore, a specialist offshore wind installation contractor, from Vroon Group.

Subsea 7, OneSubsea Partnership Clinches New GoM Deal

Subsea Technology
The project combines OneSubsea’s subsea production systems (SPS) and Subsea 7’s subsea umbilicals, riser andflowline systems (SURF) expertise.

James Fisher lets Welsh tidal kite fly

Tidal Energy
James Fisher Marine Services (JFMS) has completed its project scope for tidal kite developer Minesto’s Holyhead Deep scheme off the coast of north Wales.

EDF keeps fit at Blyth

Wind Energy
EDF Renewables has contracted Onyx InSight to provide predictive maintenance services for the Blyth offshore wind demonstration project off the coast of Northumberland in north-east England.

US crew swells offshore coffers

Wind Energy
US outfit Seacor Marine Holdings has secured a $130m loan with a syndicate of lenders led by DNB Bank.
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