London-based Yamna has signed a land reservation agreement with the Brazilian Port of Açu to develop a green ammonia plant.
U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which is expected to be wrapped up soon.
The year 2024 was marked by innovative projects in the maritime industry which witnessed the increased adoption of various wind propulsion solutions. Toward year’s end, a ‘revolutionary’ new solar sails-equipped cruise ship concept hit the headlines.
Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS).
Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.
Axess Technologies has been awarded a cable installation contract by Greece-headquartered Hellenic Cables for the Ostwind 3 grid connection project, located in the German Baltic Sea. The scope of work comprises planning and pulling internal platform cables into the offshore high-voltage (HV) substat
Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay.
PaxOcean has unveiled an order for up to four methanol-ready offshore construction vessels (OCVs) from an unnamed European shipowner. PaxOcean said it has signed shipbuilding contracts for two OCVs with a “renowned European shipowner” for delivery in 2027 and an option for two additional vessels. Me
French shipping giant CMA CGM has taken delivery of the final vessel in a series of ten LNG-powered 2000-TEU ships, built by the Hyundai Mipo shipyard in Ulsan, South Korea.
On a mission to boost its decarbonization arsenal, SBM Offshore has become the owner of a minority stake in Norway’s Ocean-Power.
South Korean shipbuilder HD Hyundai Mipo has cut the first steel for a 46,000 cbm liquefied petroleum gas (LPG) carrier which will be equipped with an ammonia dual-fuel engine.
Norwegian shipping company Höegh Autoliners has taken delivery of the third multi-fuel Aurora-class pure car and truck carrier (PCTC) from China Merchants Heavy Industry (CMHI) Haimen Shipyard.
Danish maritime technology companies EIVA and Tuco Marine have set up a new partnership to provide integrated autonomous systems for inspecting subsea assets. The idea includes Tuco Marine’s ProZero 8m Naval Intelligence uncrewed surface vessel (USV) sailing to an area of interest and launching EIVA
Canadian Port of Prince Rupert has welcomed the startup of Wolverine Terminals’ marine bunkering service for deep-sea shipping, thus adding a logistical capability to the port.
