3119 results found for 'origin karoon'

3119 results found for 'origin karoon'
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  • Australia Becomes Largest LNG Exporter to Japan

    8 March 2013

    Australia has become the largest supplier to the world’s biggest Liquefied Natural Gas (LNG) buyer – Japan – for the first time. The milestone – recorded in the 2012 calendar year – coincides with Australia achieving both record LNG export volumes and LNG export revenue during the same period. Its market share of LNG trade […]

  • Pacific Basin scores $23.1 million net savings on its scrubbers

    30 July 2020
    Business & Finance

    Hong Kong-based dry bulk shipping company Pacific Basin achieved a net saving of $23.1 million on its scrubbers, representing 38% of its original investment. The company decided to fit scrubbers on 28 of its owned Supramaxes back in 2019 in order to comply with the IMO 2020 global 0.5% sulphur limit that took effect on 1 […]

  • Norwegian player’s expansion expected to more than double its daily output

    9 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Vision

    Pandion has inked an agreement to acquire ONE-Dyas’s subsidiary holding the company’s Norwegian assets to double its daily production.

  • Simec Atlantis changes CEO

    8 January 2021
    Business Developments & Projects, Outlook & Strategy

    Simec Atlantis Energy has appointed Graham Reid as the new Chief Executive Officer (CEO) and a Director, while the outgoing CEO Tim Cornelius will take up a new role within the company.

  • MSC Cruises Takes Over Canceled Cruise Ship from STX France

    13 March 2012
    Business & Finance

    MSC Cruises continues its rapid expansion with the announcement that the company has finalized negotiations with STX France and signed a contract to take over a 140,000 ton cruise ship following the termination of the agreement with the original owner. The new ship is named MSC Preziosa and will become the 13th addition to the […]

  • In focus: The hard truths and wake-up calls in the global energy transition

    13 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Green Marine, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as it progresses against the backdrop of today’s tumultuous geopolitical landscape. […]

  • New Zealand: OMV to sell Maari oil field to Jadestone for $50M

    18 November 2019
    Infrastructure

    Austria’s OMV will sell its 69% interest in the Maari Field offshore New Zealand to Jadestone Energy for $50 million, to focus on gas production in the country.

  • Crowd Energy to Build Another Generation Turbine (USA)

    6 February 2014
    Business & Finance, Equipment, Research & Development

    Crowd Energy, having completed construction and successful testing of its first generation prototype of the Ocean Energy Turbine, will launch a major Kickstarter campaign in March 2014 to construct a second generation turbine and move the project to (SNMREC) Southeast National Marine Renewable Energy Center at Florida Atlantic University for verification and open water testing. […]

  • Shipping industry: Planned $5B R&D fund could support developing countries’ decarbonization

    15 March 2022
    Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Regulation & Policy, Transition

    Representatives of the global shipping industry, supported by governments, have laid out proposals on how a planned global R&D fund can be tailored to support developing economies.

  • Korean majors led by Sinokor and HMM forge alliance to develop nuclear-powered ships

    10 February 2023
    Business Developments & Projects, Collaboration, Environment, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

    Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships. The Memorandum of Understanding (MoU) was signed earlier today by representatives of Gyeongju city, the Gyeongbuk Province, Korea Atomic Energy Research Institute, the Korean Research Institute of Ship & Ocean Engineering (KRISO), the Korean Register, Wooyang Shipping Co, […]

  • Crowley charters LNG-fueled boxship quartet from Eastern Pacific Shipping

    20 September 2022
    Business Developments & Projects, Green Marine, Vessels

    U.S. shipping and logistics company Crowley has inked a charter contract with Singapore-based Eastern Pacific Shipping (EPS) for four newbuild containerships powered by LNG. The 1,400 TEU vessels will be built by Korea’s Hyundai Mipo Dockyard and are slated for delivery in 2025. Each vessel will feature 300 refrigerated unit plugs intended for the transport […]

  • Poseidon Principles signatories make progress in decarbonizing shipping

    20 December 2021
    Business & Finance, Business Developments & Projects, Certification & Classification, Environment, Outlook & Strategy, Regulation & Policy, Transition

    11 out of 23 ship finance portfolios are aligned with the International Maritime Organization’s (IMO) decarbonization target. In 2020, only 20% of reporting signatories were aligned with this goal, according to a new Poseidon Principles report.

  • Japan to launch first ammonia-fueled ammonia gas carrier in 2026

    25 January 2024
    Authorities & Government, Business Developments & Projects, Infrastructure, Regulation & Policy, Vessels

    Four Japanese companies — Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems, and Nihon Shipyard — have signed a series of contracts to build the world’s first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-made engines.

  • EU Commission Takes First Step in Reducing Emissions from Shipping Industry

    28 June 2013

    The European Commission today took the first step towards cutting greenhouse gas emissions from the shipping industry. It proposed legislation which will require owners of large ships using EU ports to monitor and report the ships’ annual carbon dioxide (CO2) emissions. The Commission also published a Communication setting out its strategy to address and reduce […]

  • SEAI: Intensive action needed to increase renewables share in Irish electricity mix

    1 September 2016

    Renewable energy share in Irish electricity mix increased significantly in 2015, contributing a quarter of all electricity used and avoiding 3 million tonnes of fossil-fuel related CO2 emissions, according to the Renewable Electricity in Ireland 2015 report published by the Sustainable Energy Authority of Ireland (SEAI).

  • Norway: StormGeo Announces Strategic Partnership with DNV

    7 May 2012
    Business & Finance, Project & Tenders

      DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. Following strong growth since inception in […]

  • VATTS to pair tidal turbines with battery storage in Strangford Lough demo

    23 March 2021
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Research & Development, Technology

    A new project, dubbed VATTS, has been launched with the aim to demonstrate vertical axis tidal turbines coupled with battery storage technology in a demonstration planned for Strangford Lough later this year.

  • Giant North Sea oil field’s $1.3 billion third chapter is a go

    1 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has taken a final investment decision (FID) for the third phase of an offshore project in the North Sea, which is considered the third-largest oil field on the Norwegian Continental Shelf (NCS).

  • Maritime bodies call for long-term plan to decarbonize shipping

    6 August 2024
    Authorities & Government, Rules & Regulation

    The UK Chamber of Shipping and seven other maritime trade bodies have written to the UK’s maritime minister Mike Kane urging for the creation of a long-term plan to decarbonize shipping.

  • Trust issues preventing US CCS industry from hitting full throttle in net-zero race, report warns

    10 September 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Market Outlooks, Outlook & Strategy

    In the latest edition of a paper series examining the role of trust in the race to achieving net zero by using carbon capture and storage (CCS) in the United States, Australia’s engineering company Worley and researchers at Princeton University have found that distrust between stakeholders is one of the key reasons precluding the industry from reaching its full potential.

  • CMC calls for green corridor in the Great Lakes­–St. Lawrence region

    21 March 2023
    Authorities & Government, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vessels

    Canada’s Chamber of Commerce (CMC), representing over 100 Canadian & U.S. ports, shipowners, and other marine transportation companies operating in the Great Lakes-St., has unveiled its 2023 wish list to legislators and policymakers targeting the creation of a “green corridor” in the Great Lakes­–St. Lawrence region. The idea of a “green corridor” involves collaborating with […]

  • Dutch gov’t awards over $2.5 bln to Porthos carbon capture project

    9 June 2021
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Project & Tenders

    The Dutch government has awarded almost half of its 2021 annual budget for sustainable projects to what will be one of the largest carbon capture and storage (CCS) projects in the world – Porthos.

  • European Union backs South Africa’s hydrogen agenda with €32 million

    10 September 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Storage, Technology, Transition, Vessels, Vision

    The European Union has committed R628 million (approximately €32 million) in grants to promote the sustainable development of green hydrogen value chains in South Africa.

  • UK: Offshore wind turbine blade recycling could add 20,000 jobs

    31 March 2021
    Human Capital, Outlook & Strategy, Transition

    At-scale recycling of offshore wind turbine blades could create an extra 20,000 jobs in the offshore wind sector, according to a report from the Energy Transition Alliance (ETA), a partnership between ORE Catapult and OGTC, with input from experts at the National Composites Centre (NCC) and the University of Leeds. Based on the report, ORE […]

  • Keppel says FLNG conversion greener than building new unit

    21 August 2020
    Infrastructure, Vessels

    Singapore’s Keppel Offshore & Marine claims that converting an old carrier into a floating LNG producer saves about 33% of greenhouse gas emissions compared to building a new unit. The findings are part of a Keppel-commissioned study conducted by consultants Environmental Resources Management (ERM). The study assessed the converted Golar FLNG Hilli Episeyo and a […]