Search results for: hai long 2

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  • Northern Lights to fit LNG-powered, wind-assisted LCO2 carrier with Norsepower’s rotor sails

    17 October 2023
    Business Developments & Projects, Vessels

    Finnish rotor sail manufacturer Norsepower has been selected to provide rotor sails for the third LNG-powered, wind-assisted LCO2 carrier recently ordered by Northern Lights, a joint venture between oil majors Equinor, Shell, and TotalEnergies.

  • New charter urges private sector towards ‘bolder’ climate and net-zero action ahead of COP28

    1 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Transition

    The COP28 Presidency has revealed the launch of a new charter to mobilize and encourage the private sector to take further steps towards accelerating and bolstering their net-zero pledges.

  • DNV clears Hanwha Ocean’s new 270K LNG carrier design

    6 October 2023
    Business Developments & Projects, Certification & Classification, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Classification society DNV presented Hanwha Ocean, the South Korean shipbuilder formerly known as DSME, with an Approval in Principle (AiP) for a 270,000cbm LNG carrier. The new 345m long LNG carrier by Hanwha Ocean was heralded as a “ground-breaking achievement” by Vidar Dolonen, Regional Manager, Korea & Japan, DNV, when he presented the AiP to […]

  • New companies to be created as part of Solstad refinancing

    23 October 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Vessels

    Solstad Shipholding, a subsidiary of Solstad Offshore, has reached an agreement with Aker, via its wholly owned subsidiary Aker Capital, AMSC, DNB Bank and Export Finance Norway (Eksfin) for an overall refinancing solution which will create a robust industrial platform going forward. Solstad has, together with Aker, developed and negotiated NOK 9.7 billion (almost $873 […]

  • World-first as Woodside removes riser turret mooring from Australian waters (Photo+video)

    20 October 2023
    Business & Finance, Business Developments & Projects, Environment, Heavy lifting, Infrastructure, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Vessels

    Australian energy giant Woodside Energy has removed the decommissioned Nganhurra riser turret mooring (RTM) from Australian water, which is now in transit to the shore for recycling and reuse. The Nganhurra RTM has been lifted onto a barge approximately 38 kilometers north of the North West Cape in Western Australia and is transiting to the […]

  • Investigation launches over suspected leak on European offshore gas pipeline

    9 October 2023
    Business & Finance, Business Developments & Projects, Environment, Infrastructure, Project & Tenders, Safety

    Finnish and Estonian transmission system operators (TSOs) Gasgrid Finland and Elering have launched an investigation over suspicion that there is a leak in an offshore gas pipeline that connects the two countries. Gasgrid Finland and Elering observed an unusual drop in pressure in the Balticconnector offshore gas pipeline on October 8, shortly before 2 a.m. Based […]

  • JR Shipping marks 10th Filtree installation in carbon capture milestone

    23 October 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Equipment, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Dutch shipping company JR Shipping has reached a significant milestone by installing the 10th Filtree Carbon Capture system on its fleet. The installation was carried out on board the 750 TEU MV Enforcer vessel in cooperation with Spanish shipbuilder Astilleros de Santander S.A.U. The Dutch-flagged container vessel was built in 2003. The system, provided by Value Maritime, operates […]

  • P&O Maritime Logistics: We are assessing a diverse array of fuels

    6 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    In today’s rapidly evolving landscape, it is no longer a question of whether to decarbonize, but rather how to do it effectively and strategically. The imperative to reduce carbon emissions and embrace sustainability has become an indisputable reality for businesses across industries. The focus has shifted from debating the necessity of decarbonization to implementing the […]

  • Dutch govt, maritime sector pledge €60 million to turbocharge shipbuilding innovation

    30 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    The Dutch government has launched a sweeping maritime manufacturing industrial policy in collaboration with the maritime sector, aimed at driving the transition to cleaner energy and ensuring economic and military security. The effort, unveiled in Rotterdam on October 26, sets the stage for a joint investment of €60 million in innovative shipbuilding over the next […]

  • COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

    11 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Project & Tenders, Regulation & Policy, Technology, Transition

    As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

  • IEA: Redoubling international cooperation ‘vital’ to usher clean energy era faster and end fossil fuel reign

    1 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.

  • Golar LNG’s FLNG Hilli offloads its 100th LNG cargo

    16 October 2023
    Business Developments & Projects

    Golar LNG, an owner and operator of marine LNG infrastructure, has announced that FLNG Hilli Episeyo offloaded its 100th LNG cargo on Saturday, October 14. According to the company, the 100th cargo was loaded onto MV Energy Integrity. Golar LNG emphasized that Hilli, the 2.4 mtpa floating liquefaction facility, has maintained its commercial uptime since […]

  • Ilmatar secures survey permits for multi-gigawatt wind farm sites offshore Finland

    20 October 2023
    Authorities & Government, Project & Tenders, Regulation & Policy

    The Finnish Government has granted survey permits for Ilmatar Offshore’s two new project areas, Bothnia and Bothnia West, in the Finnish Exclusive Economic Zone. Ilmatar Offshore has identified two new areas suitable for offshore wind in the Finnish Exclusive Economic Zone. The project areas are called Bothnia and Bothnia West and are located in the […]

  • NSEC countries ‘unlikely’ to meet 2030 offshore wind target without immediate action on port development, study says

    20 November 2023
    Business & Finance, Business Developments & Projects, Ports & Logistics

    A new report from the North Seas Energy Cooperation (NSEC) calls for “immediate action” on developing new port infrastructure and upgrading existing port facilities as the study behind the report found the joint offshore wind target of the nine NSEC countries for 2030 is unlikely to be met otherwise. In this article: The North Seas […]

  • Marinakis proposes Capital Product Partners’ pivot to LNG carrier sector

    9 October 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels, Vision

    Greek shipping magnate Evangelos Marinakis, alongside his son Miltiadis and private company Capital Maritime & Trading, has revealed plans to propose a significant shift in the business focus of New York-listed shipowner Capital Product Partners. The proposal, disclosed in a filing with the U.S. Securities and Exchange Commission (SEC), centers on redirecting the company’s efforts […]

  • Hudong-Zhonghua hits several milestones in its LNG strategy

    17 October 2023
    Business Developments & Projects, Outlook & Strategy, Vessels

    China’s Hudong-Zhonghua Shipbuilding has for the first time witnessed a scene of multiple LNG ships being built at the shipyard at the same time as well as two ships undocking at the same time, marking the overall acceleration of the company’s LNG production capacity doubling strategy. Hudong-Zhonghua said the company completed the first production of […]

  • Berge Bulk unveils ‘world’s most powerful’ sailing cargo ship

    17 October 2023
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Dry bulk shipping company Berge Bulk has fitted its Newcastlemax bulker, Berge Olympus, with four BARTech WindWings by Yara Marine Technologies. The company said the retrofitting project makes Berge Olympus the world’s most powerful sailing cargo ship. With four WindWings installed, each possessing an aerodynamic span of 37.5 meters height and 20 meters width, the […]

  • Mittal: Shipowners need to start locking in long-term supply of green fuels

    19 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other sectors. This call comes amid promising developments in the […]

  • VARD orders MAN ES gensets for NCT Offshore’s hybrid cable-laying vessel

    16 October 2023
    Business Developments & Projects, Equipment, Green Marine, Infrastructure, Technology, Vessels

    MAN Energy Solutions (MAN ES) has secured an order from VARD to deliver high-speed 175D GenSets for a new cable-laying vessel (CLV) that is being built for Danish subsea specialist NCT Offshore. VARD signed a contract with NCT Offshore for the design and construction of the 95-meter-long CLV in early 2023. Now, the shipbuilder ordered 4 […]

  • 2007-built jack-up rig begins drilling program off Thailand

    16 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Vietnam’s Petrovietnam Drilling and Well Service Corporation (PV Drilling) has commenced a drilling program for Northern Gulf Petroleum in the Gulf of Thailand. PV Drilling’s 2007-built jack-up rig PV DRILLING I started to perform the drilling program at Block G6/48, Rossukon conventional oil field, on October 10. The drilling contract between the two companies was […]

  • WATCH: NextDecade breaks ground on Rio Grande LNG

    5 October 2023
    Business Developments & Projects, Infrastructure

    Texas-based energy company NextDecade has officially started the construction of Phase 1 of the 27 million tonnes per annum (mtpa) Rio Grande LNG export facility in Brownsville. To mark the official kick-off, the groundbreaking ceremony was held on October 3, 2023, in the presence of the project’s partners, stakeholders, investors, and teammates. In his speech on […]

  • Seismic signals indicating possible explosion recorded near Balticconnector gas pipeline

    16 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Infrastructure, Project & Tenders, Safety

    Seismic signals have been recorded in the vicinity of the Balticconnector gas pipeline between Finland and Estonia, indicating a possible explosion had occurred around the time an unusual drop in pressure was observed. To remind, Balticconnector was shut down at midnight on October 8 after Finnish and Estonian transmission system operators (TSOs) Gasgrid and Elering observed an abnormal […]

  • Industry firsts: HD Korea Shipbuilding to fit Exmar’s LPG carriers with ammonia-powered engines

    16 October 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    South Korean shipbuilding major HD Korea Shipbuilding & Marine Engineering will install ammonia dual-fuel engines in two 46,000-cubic-meter medium-sized LPG carriers that are being built for Belgian shipping company Exmar. The vessels, measuring 190 meters in length, 30.4 meters in width, and 18.8 meters in height, will be built at the Hyundai Mipo Dockyard in […]

  • Engine concepts for maritime hydrogen applications next on MAN ES’ agenda

    12 October 2023
    Business Developments & Projects, Collaboration, Equipment, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Technology

    German engine manufacturer MAN Energy Solutions (MAN ES) has formed a partnership with industry leaders and research institutes to develop concepts for hydrogen-fueled medium-speed engines in the maritime sector. The partnership will work on the project dubbed ‘HydroPoLEn’, which is supported and funded by the German Federal Ministry for Economic Affairs and Climate Action. HydroPoLEn […]

  • Euronav, Cargill, and Chevron vow to adopt vessel optimization strategies at GMF summit

    20 October 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Industry giants Chevron, Euronav, and Cargill have announced their joint operational efficiency ambition statement as part of the Global Maritime Forum Annual Summit in Athens.  Under the ambition, the trio committed to adopt vessel optimization strategies that can decrease annual fuel consumption by 20%, reduce annual emissions by more than 200 million tonnes of CO2, […]