10000 results found for 'Kraken'

10000 results found for 'Kraken'
Order results by

A list of search results

  • Velesto disposes of its workover business to Enviros

    30 December 2025
    Business & Finance, Business Developments & Projects

    Velesto Malaysian Ventures, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of six premium jack-up rigs and two hydraulic work-over units, has taken steps to offload its stake in Velesto Workover Sdn Bhd (VWSB).

  • Fourth and final dual-fuel methanol tanker delivered to Hafnia, set to work for TotalEnergies

    29 January 2026
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Singapore-based tanker owner Hafnia and its joint venture partner, French shipowner Socatra, have taken delivery of their fourth and final dual-fuel methanol medium-range (MR) tanker constructed in China. The latest addition to Hafnia and Socatra’s IMO II MR fleet, Ecomar Gironde, is part of the joint venture’s four-vessel order from August 2023. Like its sister vessels, the […]

  • Shell rubber-stamps project to boost oil production from its Gulf of America asset

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has taken a final investment decision (FID) on a waterflood project at its field in the U.S. Gulf of America (Gulf of Mexico).

  • €4.5 trillion investor coalition urges EU to hold the line on methane cuts

    3 October 2025
    Authorities & Government, Business Developments & Projects, Environment, Transition

    The European Union (EU) is facing pressure to uphold its methane regulation amid the climate push from 42 institutional investors, with over €4.5 trillion in assets under management, which have warned that backtracking would undermine regulatory certainty and market stability, while also slowing progress on methane reduction and net zero goals.

  • Northern Lights’ fleet expansion quest bringing to life four new CO2 vessels

    29 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Vessels

    Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has taken steps to enrich its fleet with four more carbon dioxide (CO2) vessels through charter deals with Mitsui O.S.K. Lines (MOL) and a consortium between Kawasaki Kisen Kaisha (K Line) and MISC.  

  • Cavotec pens additional shore power supply contracts worth nearly $11M

    7 October 2025
    Business Developments & Projects, Technology, Vessels

    Cleantech company Cavotec has signed additional contracts worth a total of €9.35 million (approximately $10.9 million) with an undisclosed shipping player to supply shore power systems for container vessels. According to officials from Cavotec, the two new orders cover both newly built boxships and retrofitting projects. To be specific, the retrofitting order, valued at around […]

  • UK-Slovenian partnership targets seabed data

    26 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders

    UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combine Ocean Geophysics’ large-scale geophysical processing and interpretation with HighTide’s specialist expertise […]

  • ABB, Wallenius Marine establish joint venture for sustainable fleet support

    1 September 2025
    Business Developments & Projects, Collaboration, Technology, Vessels

    Swedish-Swiss technology company ABB and Sweden’s ship design and ship management company Wallenius Marine have founded a joint venture (JV) that would seek to offer “innovative” fleet support services aimed at more sustainable and ‘cost-effective’ operations. According to Wallenius Marine, the joint venture—the headquarters of which are going to be in Stockholm—would revolve around speeding […]

  • US-South Korean partnership seeks to ‘streamline’ smart vessel technologies

    7 November 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Vessels

    Classification society American Bureau of Shipping (ABS) and the Korean Agency for Technology and Standards (KATS) have inked an agreement to explore the international standardization of smart vessel and shipyard technologies. Under the terms of the memorandum of understanding (MoU) that the two partners signed, ABS and KATS will specifically focus on shipbuilding and vessel […]

  • Five scores in the fleet: Algoma welcomes new methanol-ready Kamsarmax

    29 September 2025
    Infrastructure, Vessels

    Canadian shipping company Algoma Central Corporation has taken delivery of Algoma Legacy, the first of three new methanol-ready Kamsarmax-sized ocean belt self-unloading vessels.

  • CMA CGM’s fleet grows to 400 owned vessels as first of six methanol container ships comes in

    22 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    French shipping and logistics giant CMA CGM Group has welcomed the arrival of the first in a series of six 15,000-TEU methanol container ships, expanding its arsenal with the 400th owned vessel within a fleet of over 650 vessels worldwide, as part of its decarbonization strategy.

  • $34M vessel duo positions Marco Polo for Asian oil & gas and wind opportunities

    24 September 2025
    Business Developments & Projects, Vessels

    Singapore’s Marco Polo Marine has added two new anchor handling tug supply (AHTS) vessels to its fleet.

  • Equinor’s latest drilling quest in North Sea hydrocarbon hunt brings no black gold

    19 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-owned energy giant Equinor has finished drilling a wildcat well in the North Sea with one of COSL Drilling Europe’s semi-submersible rigs. This hydrocarbon exploration did not lead to a new oil and gas discovery off the coast of Norway.

  • Solar power coming to curb European terminal’s emissions

    18 August 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition

    KN Energies (KN), formerly Klaipedos Nafta, has taken steps to secure a contractor to equip its liquid energy products terminal with a solar power plant to unlock greenhouse gas (GHG) emissions cuts.

  • TotalEnergies and Shell’s offshore drilling plans at risk as court throws a spanner in the works

    15 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    As oil and gas exploration off South Africa’s coast continues to garner attention, the offshore drilling activities planned by two energy giants, France’s TotalEnergies and the UK-based Shell, have hit a snag, with the Western Cape High Court opting to set aside the South African government’s decision to grant environmental authorization for offshore drilling in Block 5/6/7, along the southwest coast.

  • MOL joins Australian partners in advancing low-emission ammonia bunkering

    7 October 2025
    Business Developments & Projects, Collaboration, Transition

    Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has shaken hands with two Australia-based companies, NH3 Clean Energy and Oceania Marine Energy, to embark on the two maritime players’ low-emission ammonia bunkering initiative. As disclosed, the three partners signed a memorandum of understanding (MoU) regarding the development of clean ammonia bunkering operations in the Pilbara region […]

  • Norway’s Buksér og Berging welcomes new hybrid tug

    30 September 2025
    Business Developments & Projects, Infrastructure, Vessels

    Norwegian maritime services provider Buksér og Berging has taken delivery of a new hybrid tugboat built by Türkiye’s Uzmar Shipyard.

  • Indian yard clinched by Norwegian player to build six fit-for-future chemical tankers

    11 November 2025
    Business Developments & Projects, Vessels

    Indian shipbuilder Swan Defence and Heavy Industries Limited (SDHI) has shaken hands with Norway-based shipping company Rederiet Stenersen for the construction of six future-proof 18,000 dwt chemical tankers. As divulged by SDHI on November 10, the two parties signed a letter of intent (LoI) for the building of the IMO Type II hybrid tankers under […]

  • Everllence, ABB, OceanWings join forces to engineer novel, optimized propulsion concepts

    1 October 2025
    Business Developments & Projects, Collaboration, Innovation, Technology, Vessels

    Germany-based engine maker Everllence (formerly known as MAN ES Solutions), Swiss technology company ABB and French designer and manufacturer OceanWings have shaken hands on a joint project that will aim to develop optimized and sustainable propulsion concepts. As disclosed, the three partners signed a memorandum of understanding (MoU) at a recent maritime event in Italy […]

  • Kongsberg Discovery and MacArtney enhancing defense, energy, and ocean science underwater menu

    1 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Technology

    Kongsberg Discovery, part of Norway’s Kongsberg Gruppen, has taken a step to combine its offering with MacArtney Underwater Technology to create a new level of turnkey capability in towed underwater sensing solutions for defense, energy, and ocean science spheres.

  • North Sea oil & gas portfolio recalibration in progress with another asset swap deal

    18 November 2025
    Business & Finance, Business Developments & Projects

    Norwegian oil and gas player DNO has struck a new asset exchange deal to high-grade its North Sea portfolio. The latest move will enable it to swap assets with Orlen Upstream Norway, a subsidiary of Poland’s Orlen. The all-cash transactions are conditional on customary government approvals.

  • Maersk’s methanol fleet enriched by latest dual-fuel containership

    19 September 2025
    Business Developments & Projects, Vessels

    Denmark-based container shipping giant A.P. Moller – Maersk has taken delivery of the third methanol dual-fuel boxship in a series of six being built at a yard in South Korea. According to a social media post, Maersk welcomed the latest 17,480 TEU unit in mid-September, following an official christening ceremony. The vessel, which was constructed […]

  • Japanese shipowner buys into wind-assisted propulsion developer Econowind

    17 September 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Technology, Transition

    Amid the shipping industry’s growing interest in fuel-neutral technologies, Japanese shipowner Nissen Kaiun has taken a stake in Dutch wind-assisted propulsion system developer Econowind.

  • QatarEnergy’s LNG carrier fleet becomes one vessel richer

    19 August 2025
    Business & Finance, Business Developments & Projects, Vessels

    A joint venture encompassing Japanese shipping companies NYK and Kawasaki Kisen Kaisha (K Line), Malaysia’s energy-related maritime services provider MISC, and China LNG Shipping (Holdings) Limited (CLNG) has taken delivery of a new liquefied natural gas (LNG) carrier built for QatarEnergy, as part of the Qatari state-owned energy giant’s massive LNG shipbuilding expansion quest.

  • Trio complete: Langh Ship receives last green feeder vessel from PaxOcean

    16 September 2025
    Business Developments & Projects, Vessels

    Finland-based maritime transport company Langh Ship has taken delivery of the third and final unit in a series of eco-friendly container feeder ships built by the PaxOcean shipyard in Zhoushan, China. According to both of the companies, a naming ceremony for the vessel was held on September 12, whereupon the newbuild was officially christened as […]