Bollinger Shipyards and Edison Chouest Offshore have formed the United Shipbuilding Alliance to offer a fully integrated solution to expedite design, construction and delivery of next-generation icebreakers to meet urgent U.S. Arctic operational needs.
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Eco Wave Power Global AB and Ocean Power Technologies, Inc., two publicly traded wave energy companies, announced today they are working to utilize their complementary technologies and skills to accelerate wave energy projects pursuant to an agreement previously signed.
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In December 2018, the world’s largest LNG bunker supply vessel Kairos started operations in Northwest Europe. Chartered by Blue LNG, a joint venture of the Hamburg-based LNG supplier Nauticor and the Lithuanian energy infrastructure provider KN, the ship was handed over by the owner Babcock Schulte Energy in the port of Klaipeda. The construction of the vessel started in 2016
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Sri Lanka transferred control of its port Hambantota to China in a 99-year lease, a plan designed to relieve the country’s large burden of debt. Signed in July 2017, the plan gives China Merchants Port Holdings a 70 percent stake in a joint venture with Sri Lanka Ports Authority. The lease has drawn criticism from Sri Lankans because of the
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