Eco Wave Power has received a green light from the Port of Los Angeles for the engineering plans of the wave energy project the company is developing in partnership with Shell International Exploration and Production, as well as for other documents submitted. The Port of Los Angeles and AltaSea at t
After winning the first tender by Zero Emission Maritime Buyers Alliance (ZEMBA), Germany’s container shipping major Hapag-Lloyd has selected Nordic energy company Gasum to deliver waste-based liquefied biomethane (bio-LNG) to its vessels during the two-year tender period. On April 16, 2024, ZEMBA,
A new head of terms has been inked for an option on a lease at the Port of Tyne near Newcastle on the River Tyne in North East England to move forward with the development of what is envisioned to become the world’s largest HVDC subsea cable factory.
OceanOpt, a provider of emissions management solutions, has partnered up with DNV Veracity, the data platform from independent assurance and risk management company, DNV, to ‘simplify’ emissions reporting and compliance with the European Union Emissions Trading System (EU ETS) for shipping companies
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, christened its second plug-in hybrid vessel Stellamar in Ystad on August 30, 2024.
Yinson, which currently invests in five business units, has set the wheels in motion to part with the last affiliate on this list, which offers integrated offshore support vessel services.
Plans have been set to put the required funding in place to take a final investment decision (FID) on a subsea interconnector project between the UK and Iceland.
TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the waters of the prolific Stabroek Block to an integ
Malaysian rig owner Velesto Energy has reported solid financial results for the second quarter of 2024, which it attributes to higher utilization and average daily charter rates.
Swedish-Swiss equipment provider ABB and Swedish ship design and management company Wallenius Marine have joined forces with Danish tanker operator Terntank to monitor the Carbon Intensity Indicator (CII) performance aboard six tankers owned by Terntank. As reported, the trial aims to ‘lower emissio
While two huge oil and gas projects in the waters off the coast of the UK have been walking a tightrope for some time, their operators, Britain’s Shell and Norway’s Equinor, did not waiver in their commitment to enriching the energy market with these resources and both hydrocarbon developments overc
Vår Energi has wrapped up the divestment of its interests in five oil and gas fields in the Norwegian Sea for a fixed after-tax consideration of $51 million and the transfer of a stake DNO Norge, a subsidiary of DNO, has in one of Vår Energi’s core hub areas.
Denmark’s fund management company focused on maritime investments European Maritime Finance (EMF), in collaboration with international shipping company Atlas Maritime, has confirmed the order of three LPG/ammonia carriers at South Korean shipyard HD Hyundai Heavy Industries (HHI). HD HHI’s parent co
TotalEnergies and QatarEnergy have increased their presence in the Orange Basin with more offshore acreage by getting interests in a block off the coast of South Africa ahead of offshore exploration activities on this block.
