Acteon, through its moorings and anchors business line, InterMoor, and Applied Fiber have signed a Memorandum of Understanding (MoU) to collaborate on mooring solutions for various global offshore markets, from oil and gas to gigawatt-scale floating offshore wind…
Mitsui O.S.K. Lines (MOL) has signed an agreement with Singapore LNG Corporation, Singapore's state-owned LNG terminal operator, on a long-term time charter contract for one newbuilding floating storage regasification unit (FSRU).The FSRU will be built at Hanwha Ocean in South Korea…
Yinson Production has completed the sale of minority stake in floating, production, storage and offloading (FPSO) unit Anna Nery, working for Petrobras offshore Brazil, to “K” Line for $49 million.Yinson Production sold its 11.8% stake in Yinson Boronia Consortium…
Canada-based Northland Power has confirmed a carbon dioxide leak on the Hai Long Changhua onshore substation, part of its offshore wind project in Taiwan.The leak, which stemmed from the substation's fire suppression system, occurred at approximately 10 a…
Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of common stock of MODEC, Inc. and along with the 10,162,300 shares already acquired in June 2023, MOL now holds a 15% stake in MODEC and will make it an equity-method affiliate…
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