U.S. energy company New Fortress Energy (NFE) has executed a definitive agreement to charter the floating storage and regasification unit (FSRU) Energos Winter from Brazilian state-owned oil and gas giant Petrobras starting in December 2023. According to NFE, the FSRU will be deployed to Terminal Ga
Classification society American Bureau of Shipping (ABS) has published new requirements for liquid hydrogen carriers as a step towards supporting projected market demands in the transportation of hydrogen. As explained, the ABS Requirements for Liquefied Hydrogen Carriers address safety and technica
As part of President Biden’s Investing in America agenda, the U.S. Department of Transportation’s Maritime Administration (MARAD) has decided to invest $653 million in 41 port improvement projects under the Port Infrastructure Development Program (PIDP).
Singapore-based container shipping company Ocean Network Express (ONE) has completed the acquisition of a 51% stake in TraPac LLC and Yusen Terminals LLC on the US West Coast, and a 20% stake in Rotterdam World Gateway (RWG), after clearing all regulatory hurdles. The move is being pursued as ONE wo
With the number of offshore rigs on a downward trajectory, Baker Hughes’ international rig count report shows five units less in October 2023 than the month before
ExxonMobil has wrapped up the acquisition of Denbury and expanded its low-carbon business and CO2 pipeline network in the United States.
BOEM has delayed the next offshore oil and gas lease sale for acreage in the Gulf of Mexico, pending further direction from the court.
U.S. Cheniere Energy’s subsidiary Cheniere Marketing has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with China’s Foran Energy Group. Under the SPA, Foran agreed to purchase approximately 0.9 million tons per annum (mtpa) of LNG for 20 years from Cheniere M
German energy company Uniper and New York-headquartered ammonia plants developer First Ammonia have agreed to cooperate on a green ammonia project in the port of Victoria, Texas. The parties revealed their plans to cooperate on October 30 at the US-German Hydrogen Conference in Berlin. As part of th
Switzerland-based technology company ABB and the US cruise company Carnival Corporation have signed a long-term partnership agreement that will cover service for vessels powered by the Azipod XO electric propulsion system.
US LNG producer and provider Stabilis Solutions revealed on Tuesday that it had won a multi-year marine bunkering contract with Carnival Corporation & plc to provide LNG fuel for the Carnival Jubilee, the newest addition to the Carnival Cruise Line fleet. Stabilis said that under the terms of the co
Noble Corporation has reported strong operational and financial performance during the third quarter of 2023.
