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$123 billion poured into Chinese vesel orderbook in 2024, Veson Nautical finds
Clean Fuel

$123 billion poured into Chinese vesel orderbook in 2024, Veson Nautical finds

China’s shipowners poured $123 billion into newbuilding ship orders in 2024, with containerships making around 38% of total vessel orders, according to the latest report from maritime freight management solutions provider Veson Nautical.

about 1 year ago
Australia’s NH3 Clean Energy advances flagship ammonia project
Ammonia

Australia’s NH3 Clean Energy advances flagship ammonia project

Australia’s NH3 Clean Energy, formerly Hexagon Energy Materials, has completed the engineering component of its preliminary front-end engineering and design (pre-FEED) work for its flagship WAH2 clean ammonia project.

about 1 year ago
Halifax
Clean Fuel

New funding to drive development of Halifax-Hamburg green shipping corridor

The Halifax Port Authority has been awarded funding of up to C$22.5 million (about $15.7 million) from Transport Canada to accelerate the development of the Halifax-Hamburg green shipping corridor and prepare the port for the fuels and energy sources of the future.

about 1 year ago
Deepsea Mira rig; Source: Odjell Drilling
Fossil Energy

TotalEnergies begins drilling first of two planned oil prospects offshore Namibia

After discovering more black gold resources in Namibia’s Orange Basin, TotalEnergies has moved to the next well on its drilling agenda in the African country.

about 1 year ago
Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs).
Marine Energy

New tech from two Scandinavian firms to cut wave energy converter cost and mass

Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs). The two companies teamed up through the COMPACT project, combining expertise in wave energy and off

about 1 year ago
Hornsea contract
Cabling

Seaway7 awards trenching services contract to Helix Robotics

Seaway7, part of the Subsea7 Group, has awarded Houston-headquartered Helix Robotics Solutions a contract for the burial of inter-array cables at the Hornsea 3 offshore wind farm site in the UK. The contract is expected to last over 300 days and is scheduled to commence in the third quarter of 2026.

about 1 year ago
Plug Power launches spot pricing program for liquid green hydrogen
Hydrogen

Plug Power launches spot pricing program for liquid green hydrogen

U.S. hydrogen solutions company Plug Power has introduced what it claims is the industry’s ‘first-ever’ spot pricing program for liquid green hydrogen.

about 1 year ago
Noble Developer rig; Source: Noble
Fossil Energy

Shell chooses Noble rig for drilling job in Americas

U.S. offshore drilling contractor Noble Corporation has landed a new drilling assignment in the Americas with Shell, a UK-headquartered energy giant.

about 1 year ago
Construction of Purus’ ammonia-ready gas carriers gains ground in South Korea
Alternative Fuels

Construction of Purus’ ammonia-ready gas carriers gains ground in South Korea

Purus, a provider of maritime services for gas transport and offshore wind industries, has hailed the beginning of the construction of another medium-sized gas carrier (MGC) for ammonia transport.

about 1 year ago
Monna Lisa joins Leonardo da Vinci in Prysmian's fleet (Video)
Cabling

Monna Lisa joins Leonardo da Vinci in Prysmian’s fleet (Video)

Prysmian’s new cable laying vessel (CLV) Monna Lisa has joined the fleet of the Italian cabling giant, following the completion of its sea trials. The keel-laying ceremony for the CLV, a sister vessel to Leonardo da Vinci, was held in Tulcea, Romania, in April 2023 to mark the start of construction,

about 1 year ago
low-carbon ships
Clean Fuel

France goes big on maritime decarbonization with ‘CORIMER low-carbon ships’ initiative

The French government is launching a new call for proposals to accelerate the production of low-carbon ships and boats in the country.

about 1 year ago
Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet
Alternative Fuels

Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet

Pressing ahead with fleet expansion, German container shipping major Hapag-Lloyd has christened the ninth LNG dual-fuel 23,660 TEU containership, Bangkok Express.

about 1 year ago
Baker Hughes has launched an all-electric subsea production system, marking a step towards full electrification in offshore operations.
Fossil Energy

Baker Hughes rolls out all-electric subsea system to advance offshore electrification

U.S.-headquartered energy technology giant Baker Hughes has launched an all-electric subsea production system, marking a step towards full electrification in offshore operations. According to Baker Hughes, the system delivers a fully electric topside-to-downhole solution, designed to integrate with

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Fossil Energy

BP hits oil & gas pay in Mediterranean Sea

UK-headquartered energy giant BP has found more oil and gas in the northern Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).

about 1 year ago
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