Search results for: novige

5772 results

A list of search results

  • CCS gives first approval for ship cyber security firewall 

    10 October 2023
    Certification & Classification, IT & Software

    China Classification Society’s (CCS) Zhejiang Branch has issued the first type approval certificate of ship cyber security firewall to Supcon Ocean Technology (Zhejiang) Co.

  • Interview: Winning back investor confidence in wave energy – Mocean Energy’s guide

    23 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    In an interview with Offshore Energy, the co-founder and managing director of Mocean Energy, one of the leading wave energy companies in the world, Cameron McNatt talked about the development of innovative wave energy technology and projects, while successfully navigating through all the challenges one start-up could encounter coming up in an emerging renewable energy industry.

  • Yang Ming picks GTT’s tank design for its newbuild LNG-fueled containerships

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

    On behalf of Taiwanese shipping company Yang Ming Marine Transport Corporation, South Korean shipyard HD Hyundai Heavy Industries (HD HHI) has placed an order at French company GTT for the design of the cryogenic fuel tanks of five large LNG-fueled containerships. GTT revealed the order on October 10, stating this was “the first time that […]

  • ORLEN adds two new LNG carriers to its fleet

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

    Poland’s ORLEN Group is expanding the company’s presence in the global liquefied natural gas (LNG) market with two new fleet additions, LNG carriers (LNGCs) named ‘Saint Barbara’ and ‘Ignacy Łukasiewicz.’ LNG carrier ‘Saint Barbara’ pays homage to the patron saint of miners, oil and gas workers, while ‘Ignacy Łukasiewicz’ honors, according to the ORLEN Group, […]

  • IMO makes ‘insufficient progress’ on slashing black carbon emissions from Arctic shipping

    27 February 2024
    Authorities & Government, Regulation & Policy, Rules & Regulation

    The International Maritime Organization (IMO) has agreed new guidance on best practices for cutting black carbon emissions from ships operating in or near the Arctic.

  • OOCL welcomes six of twelve eco-friendly 24,000 TEU giants

    11 October 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) held the naming ceremony of a 24,188 TEU newbuilding at Dalian COSCO KHI Ship Engineering Co (DACKS) shipyard.  This mega containership is named OOCL Gdynia. Following its naming, OOCL will have received half of the twelve eco-friendly 24,000 TEU class series vessels ordered in 2020 […]

  • Energy outlook: Is gas and LNG growth freeze on the cards in 2024?

    1 January 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.

  • HHI, KSOE win green light for autonomous navigation innovations

    12 September 2023
    Automation, Business Developments & Projects, Certification & Classification, Equipment, Green Marine, Innovation, Regulation & Policy, Technology, Vessels

    HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (KSOE) have won approvals in principle (AiPs) from ABS for two new solutions that support autonomous navigation and address a more sustainable maritime industry. The Artificial Intelligence-based Smart LNG Boil-off Gas Management System (Hi-GAS+ AI CHS) is expected to improve fuel efficiency and […]

  • Maritime industry remains ‘easy target’ for cyber attacks as ransom payment demands skyrocket

    17 October 2023
    Automation, Business Developments & Projects, Green Marine, IT & Software, Market Outlooks, Outlook & Strategy, Ports & Logistics, Research & Development, Technology, Transition, Vessels

    The maritime industry remains an “easy target” for cybercriminals, and the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months, according to the research findings from law firm HFW and maritime cyber security company CyberOwl. The research reveals that the average cyberattack in the maritime industry […]

  • Mermaid Maritime secures $485 million in multiple new contracts

    5 October 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Thailand-headquartered subsea services provider Mermaid Maritime has secured multiple new contracts with a combined value of approximately $485 million. Mermaid Maritime reported that its subsidiaries had secured multiple new offshore project awards in Thailand, the Middle East, Western Sub Sahara, and the UK. Activities include cable laying, subsea pipeline tie-ins, inspection, repair, and maintenance (IRM), transportation […]

  • TEN welcomes its first LNG-powered Aframax tanker

    6 October 2023
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Greek shipping company Tsakos Energy Navigation (TEN) has taken delivery of its first newbuild LNG-powered Aframax tanker. According to TEN, the Njord DF vessel is the first in a series of four high-spec eco-designed vessels built against long-term employment to a major European state-owned oil concern. The company ordered six LNG-powered tankers – four Aframax […]

  • Dive into: Multi-million and billion-dollar deals, interconnectors, innovations, acquisitions, and vessel jobs

    4 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Innovation, Project & Tenders, Regulation & Policy, Rules & Regulation, Technology, Transition, Vessels

    The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.

  • 2023 in review: A transformative year for shipping and maritime

    2 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conflict in Ukraine, and the lingering aftermath of the COVID-19 […]

  • Kumiai Navigation to retrofit LPG tanker with air lubrication

    6 September 2023
    Business Developments & Projects, Innovation

    Singapore-based shipowner Kumiai Navigation (PTE) has decided to retrofit one of its 54k DWT LPG tankers with Alfa Laval OceanGlide fluidic air lubrication technology as a way of cutting the ship’s energy consumption and meeting environmental regulations. With this order, Alfa Laval has added LPG tankers to vessel types that can benefit from OceanGlide fluidic air […]

  • Oil & gas alongside green and low-carbon energy: Will such a compass lead the world astray or steer it in the right direction?

    4 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Should the world aim for a balancing act to satisfy both energy security and green future aspirations or pick just one?

  • Exclusive interview with Norsepower’s CEO: Debunking the myth of wind propulsion’s obsoleteness

    19 February 2024
    Business Developments & Projects

    In the dynamic landscape of maritime technology, wind propulsion solutions, exemplified by the Norsepower Rotor Sail (NPRS), are poised to transcend the realm of experimental endeavors, solidifying their position as fundamental elements in standard vessel design. Offshore Energy spoke with Norsepower’s CEO, Tuomas Riski, on what the industry can do today to future-proof its investments […]

  • ENCORE project reaches conclusion with four offshore renewable technology demos under its belt

    10 October 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vision

    The Interreg 2 Seas-funded ENCORE project has reached its formal closure after three years, having ‘successfully propelled’ four innovative tidal energy, offshore solar and wave energy technology solutions.

  • Geoquip Marine on geotechnical survey duty at third Bałtyk offshore wind site

    2 October 2023
    Business Developments & Projects, Project & Tenders

    Following similar work at the MFW Bałtyk II and MFW Bałtyk III offshore wind sites, Geoquip Marine will perform a geotechnical survey for the third MFW Bałtyk project that Equinor and Polenergia are developing in Poland. The company will conduct a comprehensive reconnaissance at the MFW Bałtyk I offshore wind farm site using the Dina […]

  • With different decarbonization pathways in play, how are NOCs holding up against IOCs?

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

    Wood Mackenzie points out that NOCs and IOCs are making progress at a different pace, as there are multiple roads to a sustainable world.

  • TotalEnergies achieves ‘robust’ multi-billion profit while balancing energy transition scales

    7 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    TotalEnergies has managed to tuck strong financial and operating results for the fourth quarter and full year 2023 under its belt.

  • DNV grants DVR for new AI-based autonomous navigation system

    7 September 2023
    Certification & Classification

    Classification society DNV has granted a design verification report (DVR) for the AI-based autonomous navigation system HiNAS Control developed by Avikus, a navigation specialist, and HD Hyundai Heavy Industries.

  • With $28 billion in the bag, Shell’s 2023 profit attests to oil & gas price slump and LNG trading upturn

    1 February 2024
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Transition

    Shell’s annual profit in 2023 took a tumble, dropping by 30% on a year-over-year basis, compared to its highest-ever annual profit, which came to almost $40 billion in 2022.

  • 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 […]

  • SHI to demonstrate its digital twin technology on Pan Ocean’s LNG carrier

    19 September 2023
    Automation, Business Developments & Projects, Green Marine, IT & Software, Technology, Vessels

    South Korean companies Samsung Heavy Industries (SHI) and Pan Ocean have teamed up to demonstrate a digital twin-based ship management platform on one of Pan Ocean’s LNG carriers. To this end, SHI and Pan Ocean signed a memorandum of understanding (MoU) for the development of comprehensive digital solutions with an emphasis on maximization of operational […]

  • Poseidon Principles align with IMO’s raised ambitions

    4 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    The Poseidon Principles have updated their global framework for assessing and reporting financial institutions’ shipping portfolios’ alignment with climate goals to the IMO’s revised GHG strategy adopted in July 2023.  Pioneered in 2019 by Citi, Societe Generale, and DNB with the support of the Global Maritime Forum, the initiative now gathers 30 major shipping banks. […]