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United States

FSRU Exquisite (for illustration purposes only); Source: Excelerate Energy
Fossil Energy

Rising LNG demand and energy security concerns pushing global FSRU market to grow by $891 million up to 2028

The global FSRU market size is forecast to increase in the 2024–2028 period, based on a report by U.S.-based market research firm Technavio.

about 2 years ago
Ocean BlackRhino drillship; Source: Diamond Offshore
Fossil Energy

Diamond Offshore drillship fleet to sport managed pressure drilling systems by year-end

Diamond Offshore is working on bolstering the capabilities of its drillships by equipping them with a managed pressure drilling (MPD) system.

about 2 years ago
Miami LNG; Source: New Fortress Energy
Fossil Energy

Texas-based firm to become new owner of LNG export facility in Florida

Pennybacker has been revealed as the firm that made arrangements to acquire a liquefaction and storage facility in Miami from New Fortress Energy (NFE).

about 2 years ago
Royal Caribbean christens LNG-powered Utopia of the Seas
Alternative Fuels

Royal Caribbean christens LNG-powered Utopia of the Seas

American cruise line Royal Caribbean International has christened the first LNG-fueled ship in its Oasis class, Utopia of the Seas.

about 2 years ago
Maritime and cruise majors come up with key recommendations to advance net-zero journey
Alternative Fuels

Maritime and cruise majors come up with key recommendations to advance net-zero journey

Maritime and cruise industry players have drafted three key suggestions to advance sustainable and scalable decarbonization solutions.

about 2 years ago
Vard starts building final 86-meter ammonia-ready robotic vessel for Ocean Infinity
Alternative Fuels

Vard starts building final 86-meter ammonia-ready robotic vessel for Ocean Infinity

Construction of the sixth 86-meter ammonia-ready robotic vessel ordered by Ocean Infinity has begun at Vard Vung Tau shipyard in Vietnam.

about 2 years ago
LNG heat exchanger; Source: Air Products
Fossil Energy

Honeywell splashes out $1.81 billion on LNG business to boost energy transition offering

Honeywell has agreed to buy Air Products’ LNG process technology and equipment business to offer end-to-end services for global customers.

about 2 years ago
Cable installation on schedule at first US full-scale wave energy test site
Cabling

Cable installation on schedule at first US full-scale wave energy test site

Cable installation for what is the first pre-permitted, utility-scale, grid-connected wave energy test site in the U.S. is scheduled to commence later this month. The cables will support Oregon State University’s PacWave South facility, which when completed will allow wave energy developers to test

about 2 years ago
First US commercial hydrogen-powered ferry ready to welcome passengers
Alternative Fuels

First US commercial hydrogen-powered ferry ready to welcome passengers

MV Sea Change, the first hydrogen fuel cell-powered ferry in the United States, is set to begin service to the public on July 19, 2024.

about 2 years ago
US NREL: Offshore wind turbines offer path for clean hydrogen production
Funding & Regulation

US NREL: Offshore wind turbines offer path for clean hydrogen production

Researchers at the U.S. National Renewable Energy Laboratory (NREL) have found that using electricity generated by offshore wind turbines to split water to produce clean hydrogen may make economic sense, particularly along the U.S. Atlantic Coast and in the Gulf of Mexico.

about 2 years ago
Illustration; Source: Geo Oceans
Fossil Energy

Robotic cargo oil tank inspections on FPSO pioneered by Australian firm

Geo Oceans has completed what it says is the first cargo oil tank inspection using remote robotic technology only, without any manned entry.

about 2 years ago
Saltchuk
Green Marine

Saltchuk completes $950M OSG acquisition

Saltchuk Resources, a Seattle-based family of companies, has completed its acquisition of Florida-based tanker shipowning and operating company Overseas Shipholding Group (OSG).

about 2 years ago
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