Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe (Mitsui) a subsidiary of Mitsui & Co, together with Mitsui O.S.K. Lines (MOL).The acquisition includes The Port of Nigg, a multi-sector energy port and green freeport, Global Energy (Fabrication), a multi-site fabrication and manufacturing business…
The UK Emissions Trading Scheme (UK ETS) Authority has published an interim response to the 2024 UK ETS Expansion to Maritime consultation. This confirmed the decision to proceed as planned, which will bring offshore vessels into the UK ETS earlier than the EU scheme…
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