The construction of the Baltic Pipe offshore section has been completed as the last weld was made on the gas pipeline connecting the coasts of Denmark and Poland.
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Asia is the largest provider of seafarer workforce in the world accounting for four of the top five countries supplying seafarers in 2021, a new report published by the United Nations Conference on Trade and Development (UNCTAD) revealed.
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Statnett has reported record revenue of nearly NOK 3 billion (around $331.8 million) so far from interconnectors to other countries which will be passed on to Norwegian consumers through a reduction in grid tariffs.
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Danish engineering company Danfoss has signed a cooperation agreement with Chinese shipyard Zhenjiang Shipyard to quicken the rate of electrification in the Chinese marine industry.
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Subsea 7 has reported a revenue of $1.45 billion for the third quarter of 2021, up 53% year-on-year, said to be driven by the very high utilization of the active fleet.
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