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ESL Shipping
Clean Fuel

ESL Shipping secures new €70M loan to finance next-gen green ships

Finland-based shipowner ESL Shipping has signed a €70 million loan agreement with Swedish finance provider Svenska Skeppshypotek to partially finance a series of four methanol-fueled 17,000 dwt Handysize vessels.

about 1 year ago
Woodfibre LNG
Fossil Energy

First ‘large-scale’ pieces for Canada’s $5.1B LNG terminal puzzle reach their destination (Gallery)

With the arrival of the first batch of modules, Woodfibre Management has revealed an important step forward in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

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about 1 year ago
Singapore, Malaysia eye importing offshore wind power from Vietnam
Cabling

Singapore, Malaysia eye importing offshore wind power from Vietnam

Energy companies from Singapore, Malaysia, and Vietnam have signed a joint development agreement to explore cross-border renewable energy links, focusing on exporting offshore wind power from Vietnam. Through this agreement, Malaysia, as represented by MY Energy Consortium, a consortium established

about 1 year ago
Wood secures work on UAE’s first large-scale methanol production plant
Clean Fuel

Wood secures work on UAE’s first large-scale methanol production plant

UK engineering and consulting company Wood has received a contract from the UAE’s chemicals and transition fuels hub TA’ZIZ to provide project management consultancy (PMC) for the development of “one of the largest methanol plants in the world”.

about 1 year ago
Ascenz Marorka and Emerson partner on smart ship solutions
Energy Efficiency & Innovation

Ascenz Marorka and Emerson partner on smart ship solutions

Ascenz Marorka and Emerson Marine Solutions have entered a strategic partnership to enhance fuel efficiency, transparency, operational performance, and sustainability within the maritime sector.

about 1 year ago
Deltamarin
Alternative Fuels

Deltamarin signs deal for Finnlines’ new future-proof RoPax units

Finnish marine engineering company Deltamarin has inked a deal with the China Merchants Jinling Shipyard (Weihai) to design and develop new Hansa Superclass roll-on/roll-off passenger vessels (RoPax) for compatriot shipping player Finnlines. As informed, following the wrap-up of the concept and cont

about 1 year ago
EU flags
Fossil Energy

EU names 44 oil & gas contributors to 2030 CO2 injection targets

The European Commission has adopted a delegated regulation and a corresponding decision outlining the obligations for oil and gas producers related to the targets set by the European Union (EU) for CO2 storage.

about 1 year ago
Leadership change at Scana as new CEO takes over
Subsea

Leadership change at Scana as new CEO takes over

Norway-headquartered offshore energy technology and services provider Scana is undergoing a leadership change with the appointment of a new chief executive officer (CEO). Following Pål Selvik’s decision to step down from the position, Scana has appointed Baste Tveito, previously its chief operating

about 1 year ago
Source: Inyanga Marine Energy Group
Marine Energy

Inyanga Marine Energy awards contract for Welsh tidal energy project

UK-based Inyanga Marine Energy Group has awarded a contract to Hutchinson Engineering, a compatriot firm, to fabricate key components for its HydroWing tidal energy device, part of the 20 MW array to be deployed at the Morlais site off Anglesey, Wales. According to Inyanga Marine Energy, the contrac

about 1 year ago
FSRU Excelsior; Source: Deutsche Energy Terminal (DET)
Fossil Energy

Boost for Germany’s energy security comes with third LNG terminal up and running

Deutsche Energy Terminal (DET) has given a leg-up to Germany’s energy security with the start-up of a second LNG terminal in Wilhelmshaven, which represents the country’s third LNG import terminal.

about 1 year ago
‘Next Generation Lithuania’: KOTUG to deliver first all-electric pusher tug for Baltic states
Alternative Fuels

‘Next Generation Lithuania’: KOTUG to deliver first all-electric pusher tug for Baltic states

Lithuanian Inland Waterways Authority (VVKD) has contracted Dutch towage and maritime company KOTUG International to deliver the first fully electric pusher tug to operate in the Baltic States.

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Fossil Energy

SBM Offshore FPSO closing in on first oil with mooring off Guyana out of the way (Gallery)

SBM Offshore has crossed off the task list the mooring of its new floating production, storage, and offloading (FPSO) vessel, which will enable the start of production from ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
Illustration; Source: BOEM
Fossil Energy

US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement

A new biological opinion for the Gulf of America, formerly the U.S. Gulf of Mexico, has forestalled the risk of ending new and existing oil and natural gas operations, staving off the danger to American energy security, based on the industry’s reaction.

about 1 year ago
NYK
Clean Fuel

NYK presents Japan’s ‘first’ battery-powered work vessel

Japanese shipping major Nippon Yusen Kaisha (NYK) has unveiled the country’s first fully battery-driven work vessel, e-Crea.

about 1 year ago