10000 results found for 'progress'

10000 results found for 'progress'
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  • Anemoi completes rotor sail installation on 325,000 dwt U-Ming VLOC

    1 October 2025
    Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Taiwanese shipping company U-Ming Marine Transport Corporation (U-Ming) and the UK-based wind propulsion technology provider Anemoi Marine Technologies have completed the rotor sail installation on U-Ming’s Grand Pioneer, a 325,000 dwt very large ore carrier (VLOC).

  • Equinor keeps Aker Solutions busy on inspection missions across over 15 oil & gas assets

    5 November 2025
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Norwegian state-owned energy giant Equinor is retaining Aker Solutions as its inspection services provider across more than 15 onshore and offshore facilities in Norway, thanks to a multi-year contract extension.

  • 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 […]

  • Amogy and SHI strike multi-year deal for ammonia-to-power systems manufacturing

    13 November 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    U.S.-based provider of ammonia-to-power solutions Amogy and South Korea’s shipbuilding major Samsung Heavy Industries (SHI) have signed a multi-year strategic contract for the manufacturing of Amogy’s ammonia-to-power systems.

  • Disney Cruise Line’s newest LNG-powered unit officially christened

    13 November 2025
    Business Developments & Projects, Vessels

    Florida-headquartered Disney Cruise Line has held a naming ceremony for its third cruise ship fueled by liquefied natural gas (LNG). As disclosed, the 340-meter-long and 39-meter-wide vessel was formally named Disney Destiny at its homeport of Port Everglades in Fort Lauderdale, Florida on November 10. The Wish-class cruise ship, which features a gross tonnage of […]

  • HiiROC and Agile Energy unite to advance hydrogen production in Scotland

    31 October 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition

    HiiROC, a UK hydrogen production company, and Agile Energy Recovery Limited, a compatriot developer of low-carbon energy parks, have partnered to evaluate the deployment of HiiROC’s proprietary process to produce low-carbon hydrogen at Agile’s Thainstone Energy Park in Inverurie, Scotland.

  • MODEC tasked with full scope of Guyana-bound FPSO for ExxonMobil’s $6.8B oil project

    30 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Following a final investment decision (FID) for its seventh offshore oil development in the Stabroek block, ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has put Japan’s MODEC in charge of the full engineering, procurement, construction, and installation (EPCI) work for a floating production, storage, and offloading (FPSO) vessel destined to be deployed at its project off the coast of Guyana.

  • Everllence: Two-stroke ammonia engine poised for maritime debut

    14 November 2025
    Equipment, Technology

    A two-stroke ammonia engine manufactured by German marine engine producer Everllence (formerly known as MAN Energy Solutions) is all but ready to hit the maritime industry market. As disclosed on November 13, Everllence’s dual-fuel ME-LGIA (-liquid gas injection ammonia) engine, which was unveiled for the first time at a recent maritime conference, is now prepared […]

  • Canada’s first large-scale LNG export project firing on all cylinders as it ignites second train

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

    LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has put into operation mode the second train at its liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia.

  • Proposed North Sea oil project makes progress but UK urged to mend its fiscal ways

    4 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Given the need to secure future investments in domestic energy, the UK is being asked to change its current fiscal and regulatory regime related to its oil and gas policy, as NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), take steps to move forward with a proposed oil redevelopment project in the North Sea.

  • Norwegian floating solar firm lands €5.4M for global expansion

    1 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Technology

    Norwegian floating solar company Alotta has raised NOK 63.5 million (around €5.4 million) to accelerate international expansion following a 15-year power purchase agreement (PPA) with Mowi Chile, the world’s largest salmon farmer. According to Alotta, the deal covers renewable power supply to Mowi’s salmon farming site at Huar Norte in Chile’s Los Lagos region. It […]

  • DNV approves Hycamite’s tech for onboard hydrogen production from LNG

    11 November 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Infrastructure, Regulation & Policy, Technology

    Hycamite has received approval in principle (AiP) from DNV for its technology that produces hydrogen from LNG onboard ships.

  • US pushes to streamline permitting with new bill by fast-tracking LNG export approvals

    29 October 2025
    Authorities & Government, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    As the United States (U.S.) has set its cap on growing its liquefied natural gas (LNG) industry, multiple steps are being taken to shake off the regulatory shackles impeding the LNG export boom. The latest such move is encapsulated in a proposed bill aimed at accelerating the federal approval process for LNG exports.

  • Scottish firm expands presence in Canada with 12.5MW tidal award 

    11 November 2025
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Canadian tidal developer Eauclaire Tidal and Scottish renewable energy company Orbital Marine Power have received 12.5MW of new tidal energy licences from the Province of Nova Scotia under the 2025 tidal energy procurement process.  According to Orbital Marine Power, the award includes two 15-year power purchase contracts, along with seabed and grid connection rights at […]

  • ABL chosen to back Greece’s Ionian Islands interconnector project

    4 November 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Energy and marine consultancy ABL has been selected to support the installation of upgraded interconnectors in Greece that are set to improve the energy resilience of the Ionian islands. ABL will act as the marine warranty survey (MWS) services provider to support Hellenic Cables’ installation of submarine cables between Kefalonia and Zakynthos, and Lefkada and […]

  • TotalEnergies to supply South Korean player with LNG until 2033

    25 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    France’s energy giant TotalEnergies has secured a multi-year deal to provide liquefied natural gas (LNG) to South Korea’s HD Hyundai Chemical. This boosts the French player’s LNG sales growth.

  • North Sea operator prolongs Petrofac’s UK gig for two more years

    22 September 2025

    Petrofac, a UK-headquartered oilfield services provider, has won a contract extension in the UK sector of the North Sea, allowing it to remain on an assignment with Ithaca Energy, a North Sea oil and gas operator and producer.

  • EPS eyes full ownership of CoolCo in LNG consolidation play

    24 September 2025
    Business & Finance, Business Developments & Projects

    Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) is progressing discussions for the acquisition of its entire business by Singapore-based Eastern Pacific Shipping (EPS) Ventures.

  • Hyundai Motor breaks ground on hydrogen fuel cell facility in South Korea

    6 November 2025
    Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition

    Hyundai Motor Company, a subsidiary of South Korean conglomerate Hyundai Motor Group (HMG), has held a groundbreaking ceremony for its new hydrogen fuel cell production plant in Ulsan, South Korea.

  • Princess Cruises receives second dual-fuel LNG-powered unit from Fincantieri

    29 September 2025
    Business Developments & Projects, Vessels

    Italian shipbuilding company Fincantieri has delivered the second dual-fuel liquefied natural gas (LNG)-powered vessel—Star Princess—that was constructed for U.S.-based cruise line Princess Cruises. The 178,000 GT newbuilding was handed over to its owner at Fincantieri’s Monfalcone shipyard, which is said to be the shipbuilder’s largest production site dedicated to the building of cruise ships. Star […]

  • DHL and Henkel agree to enhance use of sustainable marine fuel

    23 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has initiated a new phase of collaboration with Henkel, a chemical and consumer goods company, to boost the use of sustainable marine fuel (SMF), aiming for reductions in transport-related greenhouse gas (GHG) emissions.

  • HD Hyundai and Siemens ink pact to ‘boost’ innovation in US shipbuilding

    3 November 2025
    Business Developments & Projects, Collaboration

    South Korea’s shipbuilding heavyweight HD Hyundai and German multinational technology conglomerate Siemens have penned an agreement to speed up the digitalization and modernization of the United States’ vessel construction industry. Under the memorandum of understanding (MoU) that the two companies have signed, HD Hyundai and Siemens will reportedly work to combine digital and automation technologies […]

  • €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.

  • Franco-German maritime relations strengthened as CMA CGM takes stake in EUROGATE Hamburg terminal

    13 November 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    French shipping and logistics giant CMA CGM Group has signed a term sheet to acquire a 20% stake in EUROGATE Container Terminal Hamburg (CTH).

  • Baker Hughes to provide technology for large-scale low-carbon ammonia project in US

    29 October 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Equipment, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Technip Energies has selected Baker Hughes to supply a steam turbine generator along with critical centrifugal compression equipment for the Blue Point Number One ammonia project in Louisiana, U.S., a joint venture between CF Industries, JERA and Mitsui & Co.