Renewable infrastructure fund Greencoat UK Wind has agreed to acquire a net 12.5% stake in Hornsea 1 offshore wind farm from Global Infrastructure Partners (GIP) for a total cash consideration of approximately £400m ($489m). Hornsea 1 is the world’s largest offshore wind farm and is located 129 km...
Equinor and Aibel have entered into a 10-year strategic collaboration agreement designed to better enable the partners to deliver as opportunities arise. Geir Tungesvik, Equinor’s Executive VP for Projects, Drilling & Procurement, said: “Through this strategic collaboration agreement, we create...
https://splash247.com/equinor-and-aibel-sign-strategic-collaboration-agreement/
Dutch multipurpose specialist Universal Africa Lines (UAL) and its German counterpart Bremen Overseas Chartering and Shipping (BOCS) have set up a joint venture for the Mediterranean and Black Sea to and from West Africa. Named UAL BOCS Shipping Line (UBSL), the service will utilise the fleets of...
https://splash247.com/mpp-players-ual-and-bocs-form-joint-venture/
William Kidd, also known as Captain Kidd, was a Scottish sea captain who was commissioned as a privateer and was also a pirate. Following a trial that heavily involved politics, he was executed in London in 1701 for murder and piracy. Stories swirl that Captain Kidd buried treasure in two ponds that are near the foot of where the Montauk Point Lighthouse now stands. This supposedly took place around 1699, and the two ponds are called “Money Ponds” today.
Captain Kidd in New York Harbor, in a...
France’s TotalEnergies and Denmark’s Ørsted have joined forces to submit bids for the two Dutch offshore wind tenders, Holland Coast West, joining the likes of BP and Shell. The partners said they would combine their strengths in these tenders with a view to contributing to the Netherlands’...
https://splash247.com/totalenergies-and-orsted-link-up-for-dutch-offshore-wind-tenders/
France’s CMA CGM, the world’s third largest containerline, has implemented an industry-first early container return incentive program at the FMS terminal in Los Angeles and all CMA CGM return locations in Chicago, Dallas, Kansas City and Memphis. The program, designed to improve to supply chain...
https://splash247.com/cma-cgm-unveils-us-container-return-incentive-program/
India’s close ties with Russia have seen it ramp up purchases of bargain commodities in the two and a half months since the invasion of Ukraine began. Data from S&P Global Market Intelligence shows India’s seaborne crude oil imports surpassed 4.8m barrels per day in April, the highest on record,...
In around three weeks from now, Athens airport will be full of international shipping staff descending on the Greek capital for the first outing in four years of the world’s most famous shipping show. Running from June 6, Posidonia returns – an event that is special in the maritime calendar for its...
https://splash247.com/splash-gears-up-for-posidonia-with-launch-of-many-new-titles/
Monaco-based offshore wind contractor Eneti, formerly Scorpio Bulkers, announced that its subsidiary Seajacks has inked a deal with Siemens Gamesa Renewable Energy to provide a wind farm installation vessel for a project offshore Taiwan. The 2012-built self-propelled jackup has been booked to...
https://splash247.com/enetis-seajacks-scores-taiwanese-wind-farm-contract/
Environmental groups are challenging Canada’s Minister of Environment and Climate Change’s decision to approve Equinor’s Bay du Nord, a controversial $12bn oil and gas project off the coast of Newfoundland and Labrador. Ecojustice, on behalf of Équiterre and Sierra Club Canada Foundation, filed the...