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Norden, MASH Makes utilize biofuel from carbon-negative process in ‘world’s first’ trial
Business Developments & Projects

Norden, MASH Makes utilize biofuel from carbon-negative process in ‘world’s first’ trial

Danish shipping company Norden, in collaboration with renewable energy company MASH Makes, has completed the “world’s first” commercial vessel trial using biofuel produced from a carbon-negative process.

about 1 year ago
An offshore rig
Fossil Energy

With funding locked in, UK firm adds Asia Pacific drilling campaign to summer plans

UK-based and AIM-listed Sunda Energy, formerly Baron Oil, has signed multiple agreements related to the drilling campaign it intends to undertake on a gas field offshore Timor-Leste.

about 1 year ago
Eckerö Line
Infrastructure

Eckerö Line uses renewable diesel to greenify ferry operations in Baltic Sea

Eckerö Line, a Finland-based company operating ferry services between Helsinki and Tallinn, is continuing its collaboration with compatriot producer of sustainable fuels Neste to cut maritime emissions by powering its vessels with clean fuels.

about 1 year ago
FMC
Authorities & Government

US gov’t flags Chinese-Polish shipping player as “PRC-controlled”

The US Federal Maritime Commission (FMC) has designated the Chinese-Polish state-owned Joint Stock Shipping Company (Chipolbrok) as a ‘controlled carrier’ of the People’s Republic of China (PRC). As disclosed, the FMC has determined that the government of China was exerting more control over Shangha

about 1 year ago
Gen2 Energy to develop another green hydrogen facility in Norway
Authorities & Government

Gen2 Energy to develop another green hydrogen facility in Norway

Gen2 Energy and Farsund municipality have signed an agreement under which Gen2 Energy can secure, on a long-term basis, the industrial site Lundevågen Havneområde in Farsund to build a production facility for green hydrogen.

about 1 year ago
Oceaneering ‘outperforms expectations’ so far in 2025 thanks to ‘resilient ROV use and strong vessel activity’
Subsea

Oceaneering ‘outperforms expectations’ so far in 2025 thanks to ‘resilient ROV use and strong vessel activity’

U.S. subsea engineering and applied technology firm Oceaneering International has achieved a revenue of $675 million in the first quarter of 2025, a 13% increase year over year, outperforming expectations due to “resilient utilization of remotely operated vehicles (ROVs) and strong vessel activity”.

about 1 year ago
Photo of the floaters from Eco Wave Power's Israeli project, for illustration purposes
Marine Energy

Shell-backed wave energy pilot in LA moves ahead with local floater build

Wave energy developer Eco Wave Power has signed a manufacturing agreement with California-based All-Ways Metal for the production of floaters for its first U.S. wave energy installation at the Port of Los Angeles. All-Ways Metal, a woman-owned fabrication company, is expected to deliver the floaters

about 1 year ago
First 3,800 dwt diesel-electric ship officially joins Wilson’s fleet
Business Developments & Projects

First 3,800 dwt diesel-electric ship officially joins Wilson’s fleet

Norwegian shipping company Wilson ASA has welcomed the first newbuild 3,800 dwt diesel-electric cargo ship to its fleet.

about 1 year ago
Platinum Explorer drillship; Source: Vantage Drilling
Fossil Energy

Vantage secures work for ultra-deepwater drillship

Offshore drilling contractor Vantage Drilling International has signed a conditional letter of award (CLOA) for an ultra-deepwater drillship from its fleet with an unnamed client.

about 1 year ago
CMB.TECH and Golden Ocean to merge into ‘one of largest diversified listed maritime groups’
Clean Fuel

CMB.TECH and Golden Ocean to merge into ‘one of largest diversified listed maritime groups’

Dry bulk shipping company Golden Ocean Group (GOGL) and Belgian shipowner CMB.TECH have signed a term sheet for a contemplated merger, which is expected to create “one of the largest diversified listed maritime groups in the world” with a combined fleet of more than 250 vessels.

about 1 year ago
South Korea
Market Outlooks

South Korea–Europe green shipping corridor promises 70% CO₂ cut

The proposed South Korea–Europe Green Shipping Corridor (GSC) could cut carbon emissions by over 70% along key trade routes between Pyeongtaek Port and major European automotive hubs, a new report found.

about 1 year ago
Disney Adventure
Alternative Fuels

Green methanol-fueled Disney Adventure makes first foray into the world

Disney Adventure, hailed as the first in the cruise industry to be powered by green methanol, has touched water for the first time as it left the Meyer Wismar construction hall in Germany. According to the US-based Disney Cruise Line, the soon-to-be 208,000 gross tons cruise ship was floated out of

about 1 year ago
An offshore platform
Business Developments & Projects

Fleet staying active as Prosafe navigates strategic divestments

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet activity for March.

about 1 year ago
Canadians to make digital twin of Trident Energy's subsea assets in Equatorial Guinea
Business & Finance

Canadians to make digital twin of Trident Energy’s subsea assets in Equatorial Guinea

International oil & gas company Trident Energy has signed a SaaS license agreement with Enaimco, a Canadian technology company delivering digital solutions for subsea operations, for the provision of digital twin for its subsea assets in Equatorial Guinea. “Trident Energy has been exploring global d

about 1 year ago
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