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Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Storage, Technology, Vision
South Korean Hanwha Group has announced the potential creation of a comprehensive clean hydrogen value chain through collaboration with seven of its affiliates, Hanwha Corporation, Hanwha Energy, Hanwha Solutions, Hanwha Aerospace, Hanwha Ocean, Hanwha Impact and Hanwha Power Systems. The hydrogen value chain is expected to use renewable energy and ammonia and encompass clean hydrogen […]
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Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Transition, Vessels
The Clean Canaveral liquefied natural gas (LNG) bunker barge has completed its first barge-to-ship bunkering of a cargo vessel at Port Canaveral. JAX LNG, along with Polaris New Energy, handled the LNG refueling of the M/T Damia Desgagnés on the ship’s inaugural call to Port Canaveral at the port’s South Cargo Berth 4. The asphalt/bitumen tanker Damia Desgagnés completed her discharge of cargo […]
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Equipment, Green Marine, Human Capital, Outlook & Strategy, Safety, Vessels
Singapore-based ship manager Synergy Group is rolling out new tailor-made Personal Protective Equipment (PPE) to its growing number of female seafarers. Synergy, which manages a fleet of over 540 vessels and employs over 20,000 seafarers, commissioned Hercules Safety to manufacture the new gear. The PPE was designed by textile engineers in conjunction with female seafarers and […]
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Authorities & Government, Business Developments & Projects, Regulation & Policy, Rules & Regulation, Safety
US liquefied natural gas (LNG) exporter Freeport LNG has received regulatory approvals to restart the final train of the three-train liquefaction facility in Texas. On 8 March, Freeport LNG announced it had received regulatory approvals from the Federal Energy Regulatory Commission (FERC) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) to restart Train 1, […]
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Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition
A deep dive into the backlash and other prominent reactions related to the UK’s Prime Minister’s recent changes in net-zero policy.
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Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition
While interest in new low-emissions hydrogen is on the rise, the slow roll-out of financial incentives and cost pressures put investment plans for future projects at risk, according to a new report published by the International Energy Agency (IEA). The latest edition of the IEA’s annual Global Hydrogen Review 2023 published on September 22, 2023, […]
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
Tullow has inked an asset swap agreement with Perenco to optimise its equity ownership across – what it describes as – key fields in Gabon.
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Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition
The UN Secretary-General is adamant that countries need to progressively phase out fossil fuels and massively boost investment in renewables.
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Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vessels
newcleo, a London-based nuclear technology company developing Generation IV reactors using nuclear waste as fuel, has signed a cooperation agreement with Italian shipbuilding major Fincantieri and RINA classification society. The trio has agreed to carry out a feasibility study for nuclear applications to the shipping industry, including newcleo’s lead-cooled small modular reactors (SMRs) technology. The deployment […]
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Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition
Five oil majors together with API are being sued in California for their alleged role in downplaying the risks posed by fossil fuels.
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Business & Finance, Business Developments & Projects, Vessels
French LNG containment specialist GTT has received two orders from its partners the Korean shipyards Hyundai Samho Heavy Industries and Hyundai Heavy Industries for, respectively, the tank design of a new liquefied natural gas carrier (LNGC), and the tank design of two new very large ethane carriers (VLECs). The LNG carrier will have a cargo […]
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
Offshore drilling contractor Dolphin Drilling has disclosed that one of its semi-submersible rigs has started its drilling assignment in Nigeria.
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Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Transition, Vessels, Vision
The jury is still out on the fuel choice for a series of twenty new vessels the Singapore-based container shipping major Ocean Network Express (ONE) has on order. “We haven’t made a decision yet on which technology to choose. The jury is still out and like the rest of the industry we are very interested […]
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Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition
Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.
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Business Developments & Projects, Certification & Classification, Green Marine, Outlook & Strategy, Regulation & Policy, Research & Development, Transition, Vessels
An industrial-scale concept for a floating green ammonia production unit developed by Netherland-based SwitcH2 BV and Norway-based BW Offshore has secured Approval in Principle (AiP) from classification society DNV. With AiP in place, the technical feasibility of the design has been affirmed and the project is now ready to start the basic design phase. As […]
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The UN’s International Maritime Organization (IMO) has just adopted a revised strategy to decarbonise global shipping at the Marine Environment Protection Committee (MEPC 80) climate summit in London.
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
Jersey Oil & Gas (JOG) has agreed to farm out a partial stake in an asset on the UK Continental Shelf (UKCS) to NEO Energy.
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Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels
The world’s first container vessel powered by green methanol has arrived in Copenhagen after completing a 21,500 km maiden trip from Ulsan, South Korea. The 2,100 TEU boxship was assisted into the port of Copenhagen by Svitzer’s tugs and the container ship docked in the Toldboden area of the Copenhagen harbor near the headquarters of […]
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Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels
The world’s first ammonia-ready containership CMA CGM Masai Mara, which was recently delivered from Chinese shipbuilder Qingdao Shipyard, promises to revolutionize the container shipping industry as the vessel readies to use ammonia as a viable fuel source. The 5,900 TEU engineering marvel sets a transformative precedent with its entire architecture, including the cutting-edge MAN ES […]
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Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Equipment, Ports & Logistics, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety, Vessels
Salvage operations to transfer the oil from a rapidly decaying FSO, moored off Yemen, to a safe vessel are expected to start soon.
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Authorities & Government, Business & Finance, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels
Netherlands-based ship recycling startup Elegant Exit Company (EEC) has received a green light from the Supreme Council for Environment (SCE) in Bahrain, a government entity in charge of the country’s environment strategy development, to move forward with the recycling of its first vessel. Elegant Exit Company (EEC) is on a mission to change the ship recycling industry by converting old ships into […]
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Business & Finance, Business Developments & Projects, Vessels
The joint venture between Eidesvik Offshore and Reach Subsea has completed the acquisition of the subsea inspection, maintenance, and repair (IMR) vessel Viking Reach. The purchase price for the vessel previously known as Edda Sun was $29 million. Viking Reach is suited for survey and light construction projects and will be mobilized with one Supporter […]
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
Shelf Drilling has secured a long-term contract for one of its jack-up rigs with an undisclosed company for operations offshore Nigeria.
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Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition
After the lawsuit against Shell’s board of directors was thrown out of court recently, ClientEarth hopes to turn things around at a hearing.
