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  • NYK invests in Pertamina’s shipping subsidiary

    19 October 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine

    Japanese shipping major NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of Indonesia’s state-owned oil and gas company PT Pertamina (Persero). The duo plans to conclude an investment agreement and complete the investment by the end of 2022. Details on the amount of investment were not […]

  • Solstad PSV gets five-year job in North Sea

    19 October 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Solstad Offshore has secured a new five-year contract for one of its platform supply vessels (PSVs) with TotalEnergies in the North Sea.

  • Seaspan launches first 15,000 TEU dual-fuel LNG boxship for charter with ZIM

    19 October 2022
    Business Developments & Projects, Green Marine, Vessels

    Seaspan Corporation, a Hong Kong-based owner and operator of container vessels, has launched ZIM Sammy Ofer, the first in a series of ten 15,000 TEU liquefied natural gas (LNG) dual-fuel containerships ordered back in 2021. According to the company’s social media update, the ship was launched in Geoje, South Korea, on 15 October. “We are […]

  • More renewables work for Solstad vessels

    19 October 2022
    Business Developments & Projects, Vessels

    Solstad Offshore has won a contract for the subsea construction vessel (CSV) Normand Baltic, as well as a contract extension for CSV Normand Navigator within the renewables sector. The contracts are for renewable energy projects in North Europe and Asia and represent a combined firm utilization of 310 days, with additional options. Normand Baltic’s contract […]

  • Samsung Heavy Industries lands deal for VLGC duo

    19 October 2022
    Business & Finance, Green Marine, Vessels

    South Korean shipbuilder Samsung Heavy Industries (SHI) has won an order for the construction of two very large gas carriers (VLGCs) worth approximately $190 million (KRW 270.7 billion). The company behind the order is an undisclosed shipowner based in Africa, according to a stock exchange filing. The two gas carriers are slated for delivery by […]

  • Molslinjen inks deal with Cemre Shipyard for electric ferry duo

    19 October 2022
    Business Developments & Projects, Collaboration, Project & Tenders, Vessels

    Danish ferry company Molslinjen has signed a contract with Turkish Cemre Shipyard for two zero-emission ferries which will be entirely powered by batteries.

  • Seadrill closes sale of seven jack-up rigs in Saudi Arabia

    19 October 2022
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Seadrill has completed the sale of seven jack-up rigs to ADES in Saudi Arabia.

  • BP to form global floating wind team

    19 October 2022
    Business & Finance, Transition

    The original article published on 14 October has been updated following the news that BP has qualified as an eligible bidder for the first offshore wind lease sale in California. BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind, who will develop and lead […]

  • U.S. sets date for first-ever offshore wind lease sale on West Coast and first-ever to support floating wind

    19 October 2022
    Authorities & Government, Project & Tenders

    The U.S. Bureau of Ocean Energy Management (BOEM) will hold an offshore wind lease sale in California on 6 December. This will be the first-ever offshore wind lease sale on the U.S. Pacific coast and the first-ever through which the country will support commercial-scale floating wind farms. On 6 December, BOEM will offer five areas […]

  • Port of Antwerp-Bruges to play vital role in Belgium’s revised hydrogen strategy

    18 October 2022
    Business Developments & Projects, Green Marine, Infrastructure, Ports & Logistics

    Port of Antwerp-Bruges wants to play a key role in the import, local production, processing, and throughput of green hydrogen and hydrogen carriers, such as ammonia and methanol. The commitment is of particular importance as Belgium announces a revision of the country’s federal hydrogen strategy. The revision was proposed earlier today by Belgium’s Prime Minister […]

  • North Sea operator Ithaca Energy makes plans for London listing

    18 October 2022
    Business & Finance, Business Developments & Projects

    Ithaca Energy, the UK’s independent E&P company focused on the North Sea, has revealed its intention to float on the London Stock Exchange.

  • Clarksons: There are 130 ammonia-ready and 6 hydrogen-ready vessels on order

    18 October 2022
    Business Developments & Projects, Green Marine, Transition, Vessels

    The green transition of the shipping industry is picking up pace with shipowners starting to invest in vessels that are technologically prepared to burn alternative fuels such as ammonia and hydrogen. Uptake of alternative fuels has continued to progress, with 4.8% (2021: 3.7%, 2017: 2.3%) of the fleet on the water and 43.8% (2021: 28.2%, […]

  • Nauticus Robotics hears NASDAQ bells

    18 October 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Nauticus Robotics is set to ring the NASDAQ closing bell this week, celebrating the recent closing of its business combination with CleanTech Acquisition Corp. (CLAQ). The ceremony will be held on Thursday, 20 October, and will mark the associated listing of Nauticus’ common stock and warrants on NASDAQ under the symbols “KITT” and “KITTW”, respectively, […]

  • DNV to support transition to sustainable future with new partnership

    18 October 2022
    Certification & Classification, Collaboration

    Classification society DNV has joined a group of mission-driven companies as part of a European Fund to accelerate the push towards net zero.

  • Wintershall Dea and HES join forces for CO2 hub in Wilhelmshaven

    18 October 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Outlook & Strategy, Ports & Logistics, Transition

    German natural gas and oil company Wintershall Dea and compatriot liquid bulk terminal HES Wilhelmshaven Tank Terminal have signed a memorandum of understanding (MoU) to jointly develop a CO2 hub at Germany’s single deepest draft port. The companies plan to develop a hub named CO2nnectNow at HES Wilhelmshaven Tank Terminal, which will store CO2 captured from […]

  • NGOs launch campaign against TotalEnergies’ project in South Africa

    18 October 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Transition

    Two organizations have launched a campaign calling on TotalEnergies to renounce its offshore oil & gas projects in South Africa.

  • EU policymakers urged to raise climate ambition in the FuelEU Maritime and EU ETS

    18 October 2022
    Authorities & Government, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    While the European Parliament gears up to vote on the FuelEU Maritime on Wednesday as the ‘Fit for 55’ package of legislative proposals enters its final stage, EU policymakers are being called to raise climate ambitions in the proposals. Signatories of the Getting to Zero Coalition said that in this way the production and use of […]

  • Wärtsilä solution selected for new bioLNG plant in Sweden

    18 October 2022
    Business Developments & Projects, Outlook & Strategy, Technology, Transition

    The Finnish technology group Wärtsilä has been contracted to supply a biogas upgrading and liquefaction solution for a new biogas plant in Sweden that will be used to reduce carbon emissions from transport, and to speed the transition to cleaner energy. Wärtsilä revealed that the order was placed by the energy company St1 for the […]

  • px Group to manage 20-year-old North Sea gas pipeline

    18 October 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Operations & Maintenance, Project & Tenders

    TotalEnergies E&P UK has awarded px Group with a long-term multi-year contract to operate the SEAL gas pipeline in the North Sea. The SEAL pipeline transports sales quality gas from the Elgin Franklin platform in the Central Graben Area of the North Sea to the dedicated module at the Bacton gas terminal on the Norfolk coast. […]

  • BIMCO: EU needs more non-EU scrap yards to handle global shipping demand

    18 October 2022
    Authorities & Government, Market Outlooks, Outlook & Strategy

    The European Union (EU) should approve additional ship recycling facilities outside Europe to meet the demands of the global shipping industry, a report commissioned by BIMCO shows.

  • Swedish delegation tours Minesto’s tidal energy site in Faroe Islands

    18 October 2022
    Business Developments & Projects, Outlook & Strategy, Vision

    The Swedish ambassador for the ocean has visited Minesto’s tidal energy site in the Faroe Islands to highlight the importance of green energy generated from the sea.

  • Semco, SeaRenergy secure TenneT offshore assets service contract

    18 October 2022
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Semco Maritime and SeaRenergy have secured a five-year service contract with TenneT for offshore grid connection systems and offshore substations in Germany and the Netherlands. The consortium, comprised of Semco Maritime and SeaRenergy, will be responsible for mechanical and electro-technical integrated maintenance of offshore grid connection systems, which comprise offshore and onshore installations in the […]

  • Maersk’s newly ordered boxships to run on MAN ES methanol engines

    18 October 2022
    Business Developments & Projects, Green Marine, Vessels

    German engine manufacturer MAN Energy Solutions (MAN ES) has received a ‘major order’ to deliver dual-fuel methanol engines for six 17,000 TEU containerships being built for Danish integrated logistics company A.P. Moller – Maersk. According to MAN ES, South Korean shipbuilder Hyundai Heavy Industries (HHI) ordered six MAN B&W G95ME-C10.5-LGIM dual-fuel main engines for the construction […]

  • Carter: A zero-emission ship must get rid of the oil-lubricated shaft

    18 October 2022
    Environment, Equipment, Green Marine, Transition, Vessels

    To further advance ocean sustainable development and put to sea truly zero-emissions ships, the shipping industry has to get rid of the oil-lubricated shaft line and replace it with one lubricated by seawater, according to Thordon Bearings’ Craig Carter. Speaking in Barcelona on the first day of the World Ocean Council’s (WOC) Sustainable Ocean Summit, […]

  • Ceremony in Cyprus marks construction start of EuroAsia Interconnector

    18 October 2022
    Business Developments & Projects, Outlook & Strategy, Project & Tenders

    The EuroAsia Interconnector has entered the construction stage with the launch ceremony held in Nicosia, Cyprus, on 14 October. The EuroAsia interconnector is a Project of Common Interest (PCI) under the 5th Union List comprising a 1,200-kilometer subsea cable from Israel to Crete via Cyprus. As a second phase, once the link to Crete is completed, an electricity […]