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LNG keeps its crown: Alternative fuel orders show LNG still holding strong
In the ever-evolving landscape of marine fuels, liquefied natural gas (LNG) is firmly holding its position as a formidable choice for the decarbonization of ships despite a recent uptick in the popularity of methanol. According to the data from a two-month special report from DNV – Maritime’s Altern
Masdar sets sights on Tajikistan’s floating solar potential
MW Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore at least 500MW capacity of clean energy projects, including floating solar power,
Multi-year extension of Repsol Sinopec deal prolongs Petrofac’s spell of success in North Sea
Petrofac has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations.
AEC: African LNG sector will undergo geographical shift
African Energy Chamber (AEC), an energy advocacy group, has released its new quarterly market-focused report, providing outlook and key insight into the continent’s LNG trends and showing that the African gas sector’s center of gravity is undergoing a geographical shift. Over the last few years, the
Solstad tucks in extension trifecta with Equinor, Subsea 7, and DeepOcean
Solstad Offshore has secured contract extensions with Equinor, Subsea 7, and DeepOcean for one of its AHTS vessels and two CSVs.
GTT nets technical services contract for CMA CGM LNG-powered ships
French LNG containment specialist GTT has signed a technical services agreement (TSA) with compatriot shipping and logistics major CMA CGM Group. Under the agreement, GTT will provide CMA CGM with maintenance and operation services for 49 ‘biomethane and e-methane ready’ LNG-powered container vessel
Bunker Holding: Biofuel available at more than 80 ports
Marine fuel supplier Bunker Holding has secured biofuel availability in more than 80 ports around the world.
ESL’s 2nd hybrid vessel launched in India
Stellamar, the second unit of a series of 12 plug-in hybrid coasters ordered by ESL Shipping’s subsidiary AtoB@C Shipping, hit the water on October 1 at Chowgule Shipyard in India. “I would like to thank all parties involved in this successful project. It is great to be back here at Chowgule Shipyar
HD KSOE, Kepco win ABS’ AiP for floating nuclear power barge
HD Korea Shipbuilding & Offshore Engineering (KSOE) and KEPCO Engineering and Construction Company (KEPCO E&C) have received approval in principle (AiP) from classification society ABS for a new design of a floating offshore nuclear power barge.
TotalEnergies puts Danish firm in charge of gas lift project for North Sea platform
TotalEnergies has hired Denmark’s Semco Maritime for a gas lift project on an unmanned wellhead platform in the Danish part of the North Sea.
Poseidon Principles align with IMO’s raised ambitions
The Poseidon Principles have updated their global framework for assessing and reporting financial institutions’ shipping portfolios’ alignment with climate goals to the IMO’s revised GHG strategy adopted in July 2023. Pioneered in 2019 by Citi, Societe Generale, and DNB with the support of the Globa
First gas flows from subsea tie-back offshore Norway
OKEA has brought on stream its first operated development project as a subsea tie-back to an existing platform in the Norwegian Sea.
All energy roads lead to decarbonization with gas as a linchpin of low-carbon transformation
Despite the growing opposition to fossil fuels, natural gas, primarily LNG, is still the top contender for the transition fuel, which will bridge the gap towards the sought-after low-carbon and green energy future.
Unifeeder invests in up to four methanol-powered containerships
Danish short sea operator Unifeeder has signed a time-charter deal for up to four methanol-powered containerships.