South Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering (DSME) has received orders for six liquefied natural gas (LNG) carriers, exceeding $10 billion in annual orders for the first time in seven years.
Ahead of the upcoming World Trade Organisation (WTO) meetings, the International Chamber of Shipping (ICS) has called for maritime transport to be prioritised in multilateral trade negotiations.
PTTEP and its partner Petronas have made a second gas discovery in Block SK417 off the coast of Sarawak, Malaysia.
Despite encouraging steps taken to decarbonize the international shipping sector at COP26 Climate Summit in Glasgow, governments failed to translate words into actions during climate talks at the International Maritime Organization (IMO) last week.
Singapore-based Ultra Deep Solutions (UDS) has secured a contract to supply the diving support construction vessel (DSCV) Lichtenstein for subsea work in the Bay of Bengal region.
Japan Vietnam Petroleum Company (JVPC) has extended its partnership with PVEP for operations of Block 15-2, located offshore Vietnam.
Central Dredging Association (CEDA), the International Association of Dredging Companies (IADC) and Vital Ports recently presented “Financing of Sustainable Marine and Freshwater Infrastructure” report. Together with B Capital Partners and Swiss Re, they explored what is needed in order to improve t
The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of the shipping sector.
While oil and gas majors are increasingly entering new offshore wind and green hydrogen projects, it is but a small portion of the overall pie, to quote David Linden from Westwood Global Energy Group. As a reaction to the energy transition, the oil and gas majors are diversifying and now have more o
The biggest challenge in the maritime environment for this generation is the energy transition. For centuries the focus of mankind was to sail and operate at sea in the most efficient way possible. All these years Bakker Sliedrecht has improved the vessel design with state-of-the-art-solutions to ma
Design and engineering consultancy Houlder is supporting Subsea Micropiles, a foundations company leading the adaption of land-based micropiling technology to create marine foundation and anchor solutions. Houlder is providing marine operations and engineering support to accelerate market developmen
Norway’s Bounheur ASA has established a new company, Fred. Olsen 1848, dedicated to developing and commercialising new technologies related to renewable energy such as floating offshore wind and floating solar. Fred. Olsen 1848 will focus on the development and commercialization of existing, but als
