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German operator picks MAN ES’ methanol-ready engines for tanker quartet
German operator of oil/chemical tankers German Tanker Shipping (GTS) has selected MAN ES’ propulsion solution with main and auxiliary engines plus MAN Alpha propeller for four oil and chemical tankers.
Neptune Lines orders two more next-generation dual-fuel vessels
Greek shipping company Neptune Lines has decided to place an order in China for two more 4,200 CEU LNG dual-fuel pure car truck carriers (PCTCs).
Siem vessel to work for PXGEO after completing class renewal
Norwegian shipping company Siem Offshore has entered into a contract with marine geophysical service provider PXGEO for the charter of an offshore subsea construction vessel (OSCV). The OSCV Siem Spearfish will be engaged within the marine geophysical segment and support the charterer’s operations w
Brand-new MOPU ready to set sail for Asian offshore oil field
T7 Global has unveiled its new mobile offshore production unit (MOPU) at a grand naming ceremony held at the grounds of China State Shipbuilding Corporation Beihai Shipyard in Qing Dao, China.
TEN enriches its fleet portfolio with five eco-friendly tankers
Greek shipping company Tsakos Energy Navigation (TEN) has ordered five environmentally friendly tankers from Norwegian shipowner Viken Crude AS.
Southeast Asian duo signs ‘transformative’ solar energy deal
Singapore-headquartered New Energy Capital Asia and Thailand-based UMC Metals have signed a power purchase agreement (PPA) for a 1.6MWp solar project in Thailand featuring both floating and ground-mounted solar installations. New Energy Capital Asia is a provider of corporate and industrial solar e
Chevron’s CEO: Oil & gas go hand in hand with low-carbon solutions
Chevron’s Chief Executive Officer (CEO) is adamant that the world needs more oil and gas alongside low-carbon solutions.
Mariparks and multiuse to support sustainability efforts on North Sea
According to Erwin Coolen, Director of ECHT, we need Mariparks, which are offshore business areas, and multiuse to reach energy, food and nature transitions that are ongoing on the North Sea. Together with Nathalie Scheidegger, Project Leader Sustainable Blue Economy, Netherlands’ Ministry of Agricu
Wood finds more work at Equinor’s largest field outside Norway
Wood has tucked a contract extension under its belt to deliver maintenance and modification solutions to assets at a field off Brazil.
Two oil & gas firms book DOF vessels for long-term gigs in Norway and Australia
DOF Group has won two long-term assignments for an AHTS vessel and a platform supply vessel (PSV) in Norway and Australia, respectively.
Dorian LPG joins VLAC bandwagon with debut order
U.S.-headquartered LPG shipping company Dorian LPG has placed an order for the construction of a Very Large Gas Carrier (VLGC) /ammonia carrier. The vessel is anticipated to be delivered in the third quarter of 2026, and Dorian has already made first installment payment of $23.8 million in January 2
With $28 billion in the bag, Shell’s 2023 profit attests to oil & gas price slump and LNG trading upturn
Shell’s annual profit in 2023 took a tumble, dropping by 30% on a year-over-year basis, compared to its highest-ever annual profit, which came to almost $40 billion in 2022.
Zero Emission Shipping Fund proposal put on the table for IMO. Will it accelerate shipping’s journey to net zero?
The International Chamber of Shipping (ICS), the Commonwealth of The Bahamas, and the Republic of Liberia have submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the International Maritime Organization (IMO) for a Zero Emission Shipping Fund (ZESF).
Substation construction for Morlais tidal energy project wraps up
The construction of the £24 million substation for the Morlais tidal stream energy project has been completed and the substation has been delivered to site owner Menter Môn Morlais. Civil engineering firm Jones Bros has handed over the substation to Menter Môn Morlais in a move said to signal the su