10000 results found for 'elgin'

10000 results found for 'elgin'
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  • Japanese trio demonstrates land-based operation of marine hydrogen engine

    30 October 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Technology

    A Japanese consortium gathering Kawasaki Heavy Industries (KHI), Yanmar Power Solutions, and Japan Engine Corporation has demonstrated land-based operation of a marine hydrogen-powered engine.

  • Everllence claims ‘world’s first’ methanol engine retrofit onboard COSCO boxship

    30 October 2025
    Business Developments & Projects, Collaboration, Equipment, Technology, Vessels

    German engine maker Everllence (formerly MAN Energy Solutions) has completed what it hails as “the world’s first” conversion of its two-stroke engine to dual-fuel methanol running, following the sea trials wrap-up of a 20,000 TEU containership owned by China’s COSCO Shipping Lines. As informed, the vessel in question is the 200,000 dwt COSCO Shipping Libra. […]

  • Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

    23 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year, enabling it to pursue new drilling assignments, with Malaysia and Southeast Asia at the heart of the firm’s growth quest.

  • New Aasen Shipping bulker to feature Wärtsilä’s propulsion system

    21 November 2025
    Business Developments & Projects, Equipment, Technology, Vessels

    Finland-based technology group Wärtsilä has been selected to provide an integrated hybrid propulsion system for a bulk carrier currently under construction at the Dutch Royal Bodewes shipyard for Norwegian maritime transport company Aasen Shipping. According to officials from Wärtsilä, the 9,500 dwt bulker is the latest in a series of six such vessels to operate […]

  • Energy outlook: 12 trends set to shape 2026 power spectrum

    2 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside increasing complexity, including the role of fossil fuels and new energies in meeting growing power demand from data centers.

  • New UK-Indonesia pact targets maritime security and sustainability

    26 November 2025
    Authorities & Government, Collaboration, Transition

    The United Kingdom (UK) and Indonesia have put pen to paper on a ‘historic’ £4 billion (approximately $5.2 billion) deal aiming to strengthen maritime resilience and security in both nations. The agreement, officially announced by Prime Minister Keir Starmer at the recent G20 Summit, is said to underscore the UK’s and Indonesia’s “shared commitment to […]

  • Rolls-Royce: “World’s first” pure methanol marine engine aces test

    29 October 2025
    Business Developments & Projects, Technology

    Power and propulsion solutions provider Rolls-Royce has completed testing of what is said to be “the world’s first” high-speed marine engine powered exclusively by methanol.

  • New program fortifies safety readiness across Malaysia’s oil & gas contractor and vendor sphere

    28 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Safety

    Malaysia’s Velesto Energy has joined forces with the Department of Occupational Safety and Health (DOSH) to bring a new project into play as a structured framework aimed to strengthen safety readiness across the oil and gas industry’s contractor and vendor ecosystem.

  • Equinor books Axess for North Sea riser replacement work

    27 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Axess Technologies, a subsidiary of Norway-headquartered asset integrity management company Axess Group, has won a new riser replacement assignment in the Norwegian sector of the North Sea with Equinor, a compatriot state-owned energy giant.

  • HD Hyundai and HMM shake hands on $1.46B LNG dual-fuel containership deal

    24 November 2025
    Business Developments & Projects, Vessels

    South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company for HD Hyundai’s shipbuilding business, has inked a ‘major’ contract with compatriot maritime transport company HMM for eight 13,400 TEU dual-fuel boxships. As disclosed, the order for the ultra-large container vessels, which was revealed on November 23, was signed under an […]

  • BP tasks Seatrium with FPU job in Gulf of America

    26 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    UK-headquartered energy giant BP has entrusted Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, with an assignment related to a newbuild floating production unit (FPU), destined for deployment at a deepwater oil project in the Gulf of America (the U.S. Gulf of Mexico).

  • Seatrium entrusts another Swiss firm with work on Brazil-bound FPSO duo

    20 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Seatrium has hired Sulzer, a Switzerland-headquartered sustainable flow control innovation player, to provide pump packages for two next-generation floating production storage and offloading (FPSO) vessels, destined to be deployed at assets operated by Brazil’s state-owned energy giant Petrobras.

  • DeepOcean answers subsea oil & gas tie-back call in UK waters

    19 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norwegian ocean services provider DeepOcean has been hired for a subsea tie-back assignment related to a hydrocarbon field development on the UK Continental Shelf (UKCS).

  • Exclusive interview with Noble: Tight rig demand on 2026 horizon – Golden Triangle and US Gulf as core growth regions

    2 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    With contracting opportunities still on the uptick in spite of potential softer energy prices, Noble Corporation, a U.S.-headquartered offshore drilling giant, has pinpointed the Golden Triangle, the U.S. Gulf, South America, and West Africa as the key regions that will drive its floater demand growth. As Suriname and Colombia remain in the lead for frontier activity areas, the Asia Pacific opportunities in Brunei and Australia are anticipated to add diversification.

  • Finnlines RoPax vessel trio to sport Auramarine methanol fuel supply systems

    2 December 2025
    Business & Finance, Business Developments & Projects, Transition, Vessels

    Auramarine, Finland’s fuel supply systems provider, has been tasked with providing a methanol fuel supply system (FSS) for three new Hansa Superclass roll-on/roll-off passenger (RoPax) vessels ordered by Finnlines, a compatriot shipping player.

  • Damen in charge of forging subsea crane-endowed multi-purpose vessel with five more on the cards

    26 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Damen Shipyards Group, a Dutch shipbuilding giant, has been tasked with bringing to life a new multi-purpose accommodation support vessel (MP-ASV) for Windcat, a part of CMB.TECH, said to be one of the world’s largest listed, diversified, and future-proof maritime groups, with a fleet of about 250 vessels. An option to build five additional ships of this type is also on the Dutch shipbuilder’s table.

  • $4 billion deal in hand as ADNOC scores 20-year gas supply assignment

    27 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has secured a multimillion-dollar natural gas supply agreement with EMSTEEL, an integrated steel and building materials manufacturer, to power the United Arab Emirates’ industrial growth.

  • World’s first global shipping carbon price talks back at UN’s bargaining table

    17 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Regulation & Policy, Rules & Regulation, Transition, Vessels

    As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend the framework and adopt it as it is later this year to help curb shipping’s reliance on fossil fuels and cut vessel fuel costs in the long-term.

  • Maritime players strike digital optimization partnership

    14 November 2025
    Collaboration, IT & Software, Technology, Vessels

    Switzerland-based turbocharger producer Accelleron and South Korea’s HD Hyundai Marine Solution, a marine technology provider operating under HD Hyundai, have entered into an agreement aimed at ‘boosting’ the integration of ship management and optimization tools. Under the terms of the contract the parties have signed, Accelleron and HD Hyundai Marine Solution are to explore closer […]

  • BP books SLB OneSubsea for work on its Gulf of America oil project

    18 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    UK-headquartered energy giant BP has tasked SLB OneSubsea, a joint venture between SLB (formerly Schlumberger), Aker Solutions, and Subsea7, with a subsea boosting mission for its deepwater greenfield development in the Gulf of America (U.S. Gulf of Mexico).

  • Amogy bags $15M strategic investment from South Korean partner

    18 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    U.S. ammonia-to-power solutions provider Amogy has raised a $15 million strategic investment from South Korea’s GS E&C to accelerate the deployment of ammonia-based, carbon-free distributed power solutions.

  • Hapag-Lloyd’s future-proof 16,800 TEU boxships to feature TMC technology

    19 November 2025
    Business Developments & Projects, Equipment, Technology, Vessels

    Norway’s TMC Compressors has been selected to supply a complete compressed air system for a dozen alternative fuel-ready containerships being constructed for German shipping titan Hapag-Lloyd in China. As disclosed, China’s Jiangsu New Yangzi Shipbuilding is currently building the twelve 16,800 TEU vessels, which are due to be handed over between 2027 and 2029. Nearly […]

  • Hapag-Lloyd’s fleet to be enriched with 14 methanol dual-fuel units

    12 November 2025
    Business Developments & Projects, Vessels

    German container shipping heavyweight Hapag-Lloyd has placed firm orders at two yards based in China for the construction of at least fourteen methanol dual-fuel container vessels. According to data released by Greece-based shipbroker Intermodal, Hapag-Lloyd has tapped Taizhou Sanfu Ship Engineering to build six 3,500 TEU boxships, and Yantai CIMC Raffles Offshore (CIMC Raffles) for […]

  • New partnership looking into ocean-based carbon capture in commercial shipping

    10 November 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Research & Development, Technology

    AURELIA Design and CALCAREA joined forces to bring ocean-based carbon capture to commercial shipping.

  • Fugro wraps up surveys for 330 MW offshore wind farm in Italy

    20 November 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development

    Fugro has completed geophysical and archaeological surveys for Energia Wind 2020 to support the development of the 330 MW Rimini offshore wind farm.  The survey covered both the wind farm site and the export cable corridor, located approximately 12 nautical miles (approximately 22 kilometers) off the coast of Rimini in the Adriatic Sea. Fugro deployed two […]