Spanish automated wind-assisted propulsion system specialist bound4blue has signed a contract with Danish tanker operator Maersk Tankers to install 20 of its 26-meter eSAILs across five separate MR tankers. The company’s eSAIL, created for both retrofits and newbuilds, works by dragging air across a
Wind propulsion developer BAR Technologies (BAR) and WindWaves, Nervion Naval Offshore (Nervion), have expanded their partnership with a new agreement for manufacturing BAR’s new 20 and 24-meter WindWings. The deal will see the offshore wind platforms pioneer WindWaves manufacture, sell, and deliver
Borr Drilling has ticked all the items on the list it made to prepare its recently delivered jack-up rig for its inaugural drilling activities off the coast of Africa.
The second prototype trials of the Blue Visby software involving liquefied petroleum gas (LPG) tankers have demonstrated that the solution can support various segments of the maritime industry and adapt to different scenarios while achieving substantial fuel and greenhouse gas (GHG) emissions saving
Ørsted has awarded MMA Offshore an offshore wind site survey contract off the coast of Australia. On behalf of its client, Ørsted, the scope is said to be one of the first reconnaissance site surveys taking place in the Gippsland offshore wind zone since the award of feasibility licenses. The compan
Multiple parties have filed a federal securities class action against New Fortress Energy (NFE), a U.S. energy infrastructure player, that operates a floating liquefied natural gas (FLNG) facility off the coast of Altamira, Mexico, for damages caused by a drop in stock prices.
SAFEEN Group, a maritime services provider and part of the UAE-based AD Ports Group, in collaboration with Dutch major Damen Shipyards, has achieved a Guinness World Records title for the most powerful electric tugboat.
UK gas producer Kistos Holdings has taken a stake in Spiralis Energy, a compatriot tidal power company, as part of its sustainability drive to support next-generation renewable technologies. According to Kistos Holdings, the company’s investment supports Spiralis Energy’s Axial Skelter tidal power s
Denmark’s subsea specialist NCT Offshore is planning to carry out sea trials for its new cable-laying vessel (CLV) constructed by Norway’s ship designer and shipbuilder VARD later this month. NCT placed the order for the 95-meter-long CLV Freja with VARD in early 2023, with Vard Design in Ålesund, N
South Korean shipbuilder HD Hyundai Mipo has secured a new order worth KRW 514.8 billion (around $370 million) for the construction of four LNG bunkering vessels. The shipbuilding contract was revealed in HD Hyundai Mipo’s stock exchange filing on November 7, 2024. The deal includes the construction
The International Maritime Organization (IMO) has shared details of four pilot projects aimed at assisting developing countries in reducing their greenhouse gas (GHG) emissions. As informed, the projects were selected under the IMO CARES Global Technology Challenge. The initiatives are said to cover
Dolphin Drilling has kicked off its drilling assignment off the coast of India after one of its semi-submersible rigs returned to the Asian country for a new 14-month hydrocarbon exploration campaign.
Qatar’s state-owned energy giant QatarEnergy has inked an agreement with U.S.-headquartered oil major Chevron to buy a working interest in the concession agreement for a block in the Mediterranean Sea offshore Egypt.
Norwegian shipping and logistics company Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed automotive manufacturer.
