South & Central Asia
Woodmac: Renewables a threat to oil majors, but also an opportunity
A niche energy market now, renewables will be much bigger by the middle of the next decade, and a theme not to be ignored, as oil and gas demand growth slows, Wood Mackenzie writes in its latest report. Wind and solar energy are poised to radically reshape the energy market over the coming decades,
ETIP Ocean explores control systems for tidal and wave devices
The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) will this month host a webinar to explore how control systems can improve the performance of tidal and wave energy converters.
Tomini Linked to Order of Ultramax Trio
The United Arab Emirates-based shipping company Tomini Shipping has ordered three Ultramax bulk carriers from China Shipping Industry (Jiangsu), according to data provided by VesselsValue. Slated for delivery in 2019, the vessels will feature a deadweight of 64,000 tons. Although the value of the or
Imabari Launches 20,150 TEU MOL Boxship
Japanese shipbuilder Imabari launched its first of the 20,000 TEU-type containerships built for compatriot shipping company Mitsui O.S.K. Lines (MOL) at the Saijo shipyard on June 9. The 20,150 TEU newbuilding, which features a length of 400 meters and a width of 58.5 meters, is one of two ultra lar
Drewry: Carriers Adapt to Oversupplied Market
In an oversupplied market carriers have proved to be fairly adept in manoeuvring capacity around, creating fertile conditions for rate increases, according to shipping consultancy Drewry. After five months of 2017 Drewry’s Global Freight Rate Index stands 37% higher than it was in the same period la
New OTEC guide on the horizon
International group of experts is making progress on the development of a new ocean thermal energy conversion (OTEC) guidance document which could be released by the end of the year.
Liberian-Flagged Ships 1st to Feature ClassNK e-Certificate
The world’s first comprehensive electronic certificate service for classification and statutory certificates, which will first be available to Liberian-flagged vessels, will enter operation from June 15, classification society ClassNK said. The service, ClassNK e-Certificate, is the result of a proj
DSV Southern Star starts 6-year charter with Fugro
A new subsea operations vessel named Southern Star has started a bareboat charter with Fugro. Singapore-based new subsea services provider Tasik Subsea supervised the vessel’s build by Fujian Mawei Shipbuilding in Fuzhou, China, at their new Culu Island shipyard. The diving support vessel was launch
Akastor sells KOP for $114 million
Akastor, a Norway-based oil service investment company, is set to sell KOP Surface Products to The Weir Group for $114 million on a debt- and cash-free basis. KOP is headquartered in Singapore and is a supplier of surface wellheads, trees, valves and actuators to the oil and gas industry both offsho
Clarksons: Greece Owns the World’s Largest Fleet
With the latest turn of the tide, Greek owners have placed themselves at the top with 210.1 millon gross tons, representing the world’s largest fleet, according to Clarksons Research. This change is the latest in a recent set of switches in the leadership of ownership of the global orderbook. Althou
Top news, June 5 – 11, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from June 5 – 11, 2017.
Popular news, June 5 – 11, 2017
The most popular articles of the week.