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Successful field weld qualification of F550 TMCP toughcore
Excellent suitability for medium pressure LCO2 transport tanks is proven. By exploring various transportation options between capture sites and storage locations, the role of LiquidCO2 carriers is set to become crucial in the value chain. Marine shipping represents a safe and flexible way of long-di

MOL welcomes LNG-powered car carrier Cerulean Ace
Japanese shipping major Mitsui O.S.K. Lines (MOL) has taken delivery of LNG-powered car carrier Cerulean Ace from compatriot shipbuilder Shin Kurushima Dockyard.

Shell hands out work on Northern Lights to Norwegian firm
Sensorlink has secured a corrosion monitoring contract with Shell for the Northern Lights carbon capture and storage (CCS) project.

Perenco boosts its portfolio with Eni’s oil assets in Congo
Eni has wrapped up the sale of its participation interest in several oil permits in Congo, which it deems to be non-core assets.

Extended agreement to keep Fugro busy offshore Vietnam
Fugro has extended its Memorandum of Understanding (MoU) with PTSC Geos & Subesa Services (PTSC G&S) to provide site characterization services to support Vietnam’s offshore wind sector. Under the two-year agreement, Fugro’s full range of marine site characterization services will be deployed with PT

A bird with six wings: Tender design finalized for world’s first wind-powered RoRo
Oceanbird revealed that a tender design for the world’s first wind-powered roll-on/roll-off (RoRo) vessel has been finalized.

Tadek backs Magallanes Renovables in delivering its first commercial-scale tidal energy array
Spanish tidal energy developer Magallanes Renovables has partnered up with Tadek Ocean Engineering for support related to its first commercial-scale tidal energy array. Magallanes secured two contracts in Contracts for Difference (CfD) allocation rounds – the first at the Morlais Demonstration Zone

Battle for work-life balance continues, as workers gear up for strike action across multiple UK offshore platforms
This wave of strike action will hit several platforms operated by BP, TAQA, CNR, Repsol, Serica, and CNOOC.

Japanese hybrid power cable lay & construction vessel to sport Huisman cranes
Norway’s VARD has awarded Dutch Huisman with a contract to deliver two subsea cranes for a highly customized hybrid power cable lay and construction vessel that it is building for what it says is a leading Japanese construction company. Huisman will deliver a full electric 250mt hybrid boom subsea c

Dalian Shipbuilding starts construction of CMES LNG carrier duo
China’s Dalian Shipbuilding Industry Company (DSIC) has officially started building two 175,000 cubic meter LNG carriers (LNGCs) for compatriot China Merchants Energy Shipping (CMES). The construction began on March 1 and 4 respectively, DSIC announced, noting that the LNGCs are the third and fifth

Oil sheen off California remains a mystery with no definitive source pinpointed
While samples were collected, analyses were “unable to definitively identify the oil source,” according to the U.S. Coast Guard.

Shipping’s EU ETS costs could nearly triple due to Red Sea crisis, OceanScore says
The Red Sea shipping crisis could result in nearly tripled costs for shipping companies in 2024 due to significantly higher exposure to the EU Emission Trading System (EU ETS).

HD KSOE seals $525.4 million deal to build oil tanker quartet
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received a contract to build four oil tankers from an undisclosed shipping company in Europe.

Boskalis reports record 2023 with 150% net profit increase; Half of offshore energy revenue came from offshore wind
Boskalis’s offshore energy division saw 50% of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on March 7. Company-wide, Boskalis reported a 20% increase in revenue and a 150% higher net profit than in 2022.