Stena Places order for two new E-Flexer RoPax vessels

(Stena RoRo, 28.Jun.2024) — Stena RoRo has ordered another two E-Flexer RoPax vessels from the Chinese shipyard CMI Jinling (Weihai). The vessels will be delivered in 2027 to the Greek shipping company Attica Group and will operate in the Adriatic Sea. This is Stena RoRo’s fourteenth and fifteenth vessel in the E-Flexer series. The […]

SBM and Technip Energies to Form EkWiL, a Floating Offshore Wind JV

(SBM Offshore, 14.Mar.2024) — SBM Offshore and Technip Energies signed a Memorandum of Understanding for the creation of a joint venture entity, EkWiL. The new company will be a Floating Offshore Wind (FOW) pure player, capable of proposing a wide range of solutions to clients. Highlights: Two global leaders in Floating […]

Reactive Downhole Tools Accelerates Growth through Restructuring 

(Reactive Downhole Tools, 13.Feb.2024) — Realigning regional resources into a global focus, provider of high-performance well completion solutions and technologies to the global oil and gas industry, Reactive Downhole Tools, has announced a significant restructure of its Senior Management Team.   Under the leadership of CEO Mike Allen, Niall Urquhart has […]

Stena RoRo Takes Delivery of E-Flexer RoPax Vessel

(Stena RoRos, 7.Feb.2024) — Today, number ten of the Stena RoRo E-Flexer series was delivered from the CMI Jinling, Weihai Shipyard. The vessel, named Ala’suinu, will be on a long charter agreement with the Canadian state-owned Marine Atlantic and operate a ferry line in eastern Canada between Newfoundland and Nova Scotia. […]

Stena Roro Places Order for Another E-Flexer Ropax Vessel

(Stena RoRo, 8.Jan.2024) — Stena RoRo placed an order for yet another RoPax-class E-Flexer vessel from the Chinese shipyard CMI Jinling (Weihai). The vessel will be delivered in the first quarter of 2026 to Corsica Linea and will operate between Marseille and Corsica. This is Stena RoRo’s thirteenth vessel in […]

AquaShip AS and Intership AS Merge

(AquaShip and Intership, 18.Dec.2023) — American Industrial Partners Capital Fund VII, LP, an investment fund managed by American Industrial Partners (AIP) announced that it has become the majority and controlling shareholder in AquaShip AS and Intership AS and will merge the two companies to form one of the largest, most […]

Scania’s New Biogas Engines: Going Greener with 5% Fuel Savings

(Scania, 8.Dec.2023)  — Scania first hinted about its new biogas engines at last year’s IAA fair, but when the state-of-the-art engines arrived they came with a twist – they are now paired with two-thirds of the successful Super-based powertrain. The well-composed and harmonised trio – the new biogas engines plus […]

Mandalay Resources Announces 3Q:23 Financial Results, CFO Transition

(Mandalay, 9.Nov.2023) — Mandalay Resources Corporation (TSX: MND) (OTCQB: MNDJF) is pleased to announce its financial results for the quarter ended 30 Sep. 2023. Third Quarter 2023 Highlights: Generated consolidated quarterly revenue of $40.9mn; Björkdal had its strongest quarter since Q1 2022 generating revenue of $21.8mn and adjusted EBITDA1 of $9mn for 2023; Consolidated quarterly adjusted EBITDA […]

Electrolux Reduces Sea Transport Emissions by 15% in 2022

(Electrolux, 23.Mar.2022) — Electrolux will now use more sustainable fuels for 25% of its total sea freight. By partnering with shipping companies Maersk and CMA CGM Group to use biofuel based on waste oils and LNG (Liquefied Natural Gas), Electrolux will reduce its sea transport greenhouse gas emissions by 15 […]

Stena RoRo’s E-Flexer Salamanca Delivered To Brittany Ferries

(Stena RoRo, 30.Nov.2021) — The Salamanca, the second of five ships in the E-Flexer class ordered by Stena RoRo for Brittany Ferries was delivered on 30 November. The vessel is the sixth E-Flexer of twelve ordered from the Chinese shipyard CMI Jinling (Weihai). The Salamanca will be chartered by Brittany Ferries on a long-term basis and has been especially […]