GAC and Cosco deliver 3,700-tonne bridge in Stockholm
PRESS RELEASE – GAC in Sweden has managed the delivery of a 3,700-tonne bridge in Stockholm, which will be used to connect Stockholm’s Gamla Stan island with Södermalm. The bridge arrived on semisubmersible heavy-lift vessel...Read more
Australia’s largest LNG producer slashes expenditure in half
Woodside, Australia’s largest LNG producer, is slashing its total expenditure for 2020 in half and is deferring final investment decisions on a number of major development projects. With cost pressure in the market evaporating, Woodside...Read more
Industrial equipment manufacturer JCB halts all UK production
PRESS RELEASE – Industrial equipment manufacturer JCB has stopped production at all of its UK manufacturing plants as disruption resulting from the worldwide Coronavirus pandemic causes an unprecedented reduction in global demand. The company has halted...Read more
‘Big Carl’ lifts first loads at Hinkley Point C
PRESS RELEASE – Big Carl, the world’s largest crane capable of lifting 5,000 tonnes, has completed its first major lift at the Hinkley Point C nuclear power station in the UK. In total, the Sarens...Read more
Mammoet loses ALE brand following takeover
Mammoet has dropped the name ALE Heavy Lift following its takeover of the third-largest heavy lift company in the world. Effective January 8th, the business will be completely incorporated and operate under the Mammoet brand. Over...Read more
A.Hak International awarded Baltic Pipe Project Contract
PRESS RELEASE – A.Hak International has been awarded the contract for part of the onshore pipeline of the Baltic Pipe Project in Denmark. The Project is being developed by Energinet, the Danish gas and electricity...Read more
Mammoet awarded major plant construction by Borealis
PRESS RELEASE – Mammoet recently signed as the official heavy lift and transport partner for Borealis’ new PHD project in Kallo, Belgium. The propylene manufacturer is investing over a billion euros in a new production...Read more
Port of Brownsville set to welcome USD 39 billion in LNG investments
PRESS RELEASE – The Port of Brownsville is one step closer to welcoming three new LNG projects with an investment totalling USD 38.75 billion after the Federal Energy Regulatory Commission (FERC) approved their proposals today...Read more
IEA: Offshore wind to become 1 trillion dollar industry
Offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040, the International Energy Agency (IEA) concludes in a new report about the future of the offshore wind market....Read more
Japan to invest an additional USD 10 billion in global LNG infrastructure
Japan will invest an extra USD 10 billion on liquefied natural gas projects worldwide to boost the LNG market and reinforce the security of energy supply, the minister of Economy, Trade and Industry (METI) said...Read more
AAL moves giant pressure vessel
PRESS RELEASE – Heavy-lift carrier AAL has completed the handling and transport of an impressive cargo of South Korean-engineered petrochemical plant components, from Pyeongtaek to Map Ta Phut. The largest of which was a pressure...Read more
Fred. Olsen wins large offshore wind contract from MHI Vestas
Fred. Olsen Windcarrier has won a large contract from MHI Vestas Offshore Wind for the transport and installation of 100 9.5MW wind turbines for the Moray East project off the East coast of Scotland. The...Read more
LNG “major boon” for EPC contractors and project carriers
EPC contractors and project carriers can expect a rise in demand as final investment decisions are taken on the construction of a large number of new LNG plants. Over the next two years, almost 90...Read more
Port of Rotterdam eyes construction of largest “green hydrogen” plant in Europe
BP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces to explore the construction of the largest “green hydrogen” plant in Europe for BP’s refinery in Rotterdam. BP uses hydrogen to...Read more