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Stena drillship goes to Las Palmas
Stena Drilling has confirmed that one of its drillships is on its way to Las Palmas to start its special period survey (SPS).
Odfjell Drilling rig gets its hands on five-year renewal certificate
Odfjell Drilling has confirmed the completion of a five-year main class renewal certificate for one of its semi-submersible drilling rigs.
Singapore: Bunker sales of biofuels more than tripled in 2023
Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more than tripled from 140,000 tonnes in 2022.
GSI wraps up China’s 1st methanol dual-fuel tanker construction project with delivery of Stena Progressive
China’s shipbuilding major Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, has handed over the 50,000-ton methanol dual-fuel oil tanker Stena Progressive to its owner Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proma
Regasification capacity available at Klaipeda LNG terminal
Lithuanian Klaipeda LNG terminal operator KN Energies, formerly Klaipedos Nafta, has announced that there is available unused LNG terminal capacity for booking. The company said that, having received a request from one of the terminal users regarding the planned non-utilization of LNG terminal capac
DNV to class Purus Marine’s dual-fuel VLECs
Classification society DNV has been selected to class two Purus Marine’s dual-fuel very large ethane carriers (VLECs).
Trafigura seals long-term LNG deal with Canada’s largest natural gas producer
Commodities trading group Trafigura has inked a long-term LNG agreement with Canada’s largest natural gas producer Tourmaline, marking the first time the two parties have signed such an agreement. Tourmaline said it increased its exposure to JKM by entering into a netback agreement with Trafigura ba
PTTEP signs on the dotted line to take part in carbon capture and storage study
PTTEP has inked an agreement to participate in a study on the carbon storage potential in the Northern Gulf of Thailand.
Vår Energi getting ready to spud North Sea wildcat
Vår Energi has secured a drilling permit to drill a wildcat well in the North Sea, using one of the Odfjell Drilling-managed semi-sub rigs.
Floating solar market will be as big as onshore solar sector, says Oceans of Energy CEO
The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]
VARD to build NKT’s new cable-laying vessel
Denmark-based power cable manufacturer and installation company NKT has placed an order with Norway’s VARD for the construction of its new cable-laying vessel (CLV). In May 2023, on the back of a record order backlog and the strong market outlook, NKT announced investments in a new high-voltage fact
Clarksons forecasts 40 million CGT output for 2024-2025 after record year for car carriers
As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output fo
Victor emerges in court battle over development of giant gas project off Australia
Santos has won a court case, which enables it to continue with its planned work on the Barossa gas field development project offshore Australia.
United Heavy Transport, Dongbang forge strategic alliance
Germany’s maritime transport provider United Heavy Transport and South Korean transportation firm Dongbang Transport Logistics have joined forces in a new strategic alliance combining their respective strengths.