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Green Marine

Shipbuilding market shakeup: South Korea’s HD Hyundai Heavy Industries and HD Hyundai Mipo to merge

South Korean shipbuilding companies HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) have revealed plans to merge into a single entity.

about 1 year ago

Clean Fuel

South Korea to construct ‘first’ commercial biomethanol production site

South Korean clean fuel and renewable energy production company Biofriends and compatriot K-biogas manufacturer Cheongmyeong have penned a memorandum of understanding (MoU) to construct the nation’s ‘first’ commercial-scale biogas-based methanol production plant. The deal, which was signed on August

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about 1 year ago

Fossil Energy

Middle East operator keeping EnerMech busy for two more years

EnerMech, an Aberdeen-headquartered integrated solutions specialist, has landed a multi-year contract extension in the Middle East with Dubai Petroleum, a UAE-based oil and gas operator.

about 1 year ago

Cabling

NKT installs power cables at TenneT’s BorWin5 offshore grid connection

Denmark’s NKT has finalized the installation of a 320 kV high-voltage DC (HVDC) power cable system at the 900 MW BorWin5 offshore grid connection in Germany. The pull-in work to the offshore platform was carried out by the company’s NKT Victoria vessel. NKT was responsible for the delivery and insta

about 1 year ago

Fossil Energy

Two more LNG newbuilds making their way to QatarEnergy’s fleet

Two new liquefied natural gas (LNG) carriers are joining the fleet of QatarEnergy, as part of its massive LNG shipbuilding expansion quest.

about 1 year ago

Temis MSU DP3 flotel; Source: Nortrans Offshore

Fossil Energy

2015-built flotel going to work at Shell’s deepwater asset in Nigeria

Nortrans, a Singapore-based offshore and shipping player, in partnership with Temile Development Company, has secured a new assignment for a 2015-built maintenance and support unit, part of its managed fleet, which will head to Africa for its new job at a deepwater field off the coast of Nigeria.

about 1 year ago

Green Marine

Implementation reality vs. optimism: AI is not scaling in maritime

Maritime companies are stuck in the early stages of artificial intelligence (AI) adoption, unable to scale beyond small experiments as widespread optimism collides with implementation reality, according to new industry research.

about 1 year ago

Subsea

New partnership to bring military-grade battery tech to commercial offshore energy sector

Scottish subsea intelligent energy management and storage solutions developer Verlume and Canada-headquartered marine technology player Kraken Robotics have entered into a strategic collaboration to introduce military-grade battery technology into the commercial offshore energy sector for what they

about 1 year ago

Alternative Fuels

Ahti nets additional funding to boost FuelEU Maritime compliance pool

Ahti Climate, a provider of FuelEU Maritime pooling services, has secured additional funding from Business Finland to further strengthen its Ahti Pool platform and advance research and development (R&D).

about 1 year ago

Alternative Fuels

Tsuneishi Shipbuilding splashes new dual-fuel methanol boxship in China

Tsuneishi Group (Zhoushan) Shipbuilding (TZS), a Chinese manufacturing base of Japan’s major Tsuneishi Shipbuilding, has launched a methanol dual-fuel container vessel for an undisclosed owner. As disclosed, the 5,900 TEU boxship—said to be the biggest unit of its type to be built by the Group—saw t

about 1 year ago

Digital rendering of Port Arthur LNG Project phase 1 and 2; Credit: Sempra

Fossil Energy

Sempra inks another multi-decade LNG deal for Texas project

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, has signed a definitive sales and purchase agreement (SPA) with Pittsburgh-based EQT Corporation for liquefied natural gas (LNG) offtake from a project under development in Jefferson County, Texas.

about 1 year ago

Fossil Energy

Netherlands raises its energy security bar with permitting milestone for new LNG terminal

VTTI, a Dutch energy infrastructure company, and Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), have ticked off the first phase of the permit procedure from the list of requirements to bring their proposed new

about 1 year ago

Energy Conversion Unit and Floaters fully installed. Source: Eco Wave Power

Marine Energy

Operational testing completed at Los Angeles wave energy pilot

Wave energy developer Eco Wave Power has completed operational testing and lowered its floaters into the water for the first time at its U.S. pilot station at the Port of Los Angeles. The milestone marks the company’s entry into the operational phase of its U.S. activities. According to Eco Wave Pow

about 1 year ago

Fossil Energy

Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract

Following the contract for inspection, repair and maintenance (IRM) services announced at the end of 2024, Subsea7 has now been selected to deliver subsea umbilicals, risers and flowlines (SURF) for Türkiye’s largest natural gas field. The SURF engineering, procurement, construction and installation

about 1 year ago