London-listed Gulf Marine Services (GMS), an operator of self-propelled, self-elevating support vessels deployed in the oil, gas and renewable energy sectors has announced a 2021 net profit of $31.2m, its first positive result since 2016
Norway’s Government has thrown its weight behind a drive to boost the offshore wind sector, laying down a target of 30GW by 2040, and preparing for undersea cable supplies to other European countries.
The UK Maritime and Coastguard Agency (MCA) Port State Control Inspection of P&O Ferries’ Pride of Kent found 47 deficiencies including 13 grounds for detention.
The UK Government confirmed that ferries regularly sailing in and out of UK ports will need to pay seafarers the equivalent of UK minimum wage, £9.50 ($11.70) per hour.
CMA CGM has become a partner of the Jupiter 1000 project, a demonstrator in Fos-sur-Mer set to produce green hydrogen and e-methanol from renewable energy.
Eurazeo’s Sutainable Maritime Infrastructure (ESMI) fund announced a EUR70m investment from the European Investment Fund (EIF) and its first transaction.