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ADNOC buys OCI’s stake in world’s largest seaborne exporter of ammonia
Abu Dhabi National Oil Company (ADNOC) and OCI Global have entered into a sale and purchase agreement for ADNOC to acquire OCI’s entire majority shareholding in Fertiglobe, the world’s largest seaborne exporter of urea and ammonia. Headquartered in Abu Dhabi, Fertiglobe was formed as a strategic par
New Stade LNG jetty opens doors for independent energy supply in Germany
Only 330 days after starting construction, Germany’s seaport company Niedersachsen Ports has handed over a new landing pier for floating storage and regasification units (FSRUs) in Stade to operators.
TAQA eyes joining 900-kilometer European interconnector
Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explor
New terminal at Immingham port to support import of green ammonia from Saudi’s NEOM
UK’s ports operator Associated British Ports (ABP) has launched a tender seeking a lead contractor or consortium to design and build a bulk liquid green energy terminal at the Port of Immingham. According to ABP, Immingham Green Energy Terminal (IGET) will be a multi-user bulk liquid green energy te
MOL bolsters fleet with 5 LNG-fueled Capesize bulker newbuilds
Japanese shipping major Mitsui O.S.K. Lines (MOL) is expanding its fleet with five additional newbuilding LNG dual-fueled Capesize bulkers. Namely, MOL revealed that two vessels will be ordered at compatriot Nihon Shipyard and built by Imabari Shipbuilding Co. Furthermore, Chinese shipbuilding heavy
SunStone: Steel cut for final Infinity-class ship
A shipyard in China has begun the production of the seventh and final Infinity-class expedition cruise ship ordered by Florida-based expedition cruise ship owner SunStone Ships, part of SunStone Maritime Group.
Oceantic Network CEO: ‘There comes a time when we have to say enough is enough’
As new offshore wind markets keep emerging and targets in established markets keep increasing, questions on how much capacity can actually be installed, especially until 2030 which is just around the corner, have come to the sector’s foreground. The most vocal on the (un)likeliness of the national a
Grimaldi takes majority stake in Heraklion Port Authority
A consortium led by the Italian shipping company Grimaldi Group has acquired a majority stake in the Heraklion Port Authority (HPA S.A.). The Italian group, through a consortium with Grimaldi Euromed SpA and Minoan Lines S.A., signed a share purchase agreement earlier this morning. The company acqui
Japanese players and Woodside Energy join forces for CO2 capture and storage feasibility study
Japanese industry majors Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement, Kawasaki Kisen Kaisha (K LINE), and Australian energy giant Woodside Energy have signed a memorandum of understanding (MOU) to conduct a business feasibility study aimed at aggregating CO2 and transporting i
COSCO Shipping Lines rolls out green biofuels-based shipping solution
China-based shipping company COSCO Shipping Lines has presented the first green shipping certificate to Volvo’s Asia Pacific headquarters for the use of COSCO’s new shipping product Hi ECO.
BP prolongs Noble jack-up rig’s assignment in North Sea
Noble Corporation has tucked a contract extension under its belt for one of its jack-up rigs with the UK-headquartered oil major, BP.
Scale Gas orders 12,500 cbm LNG bunkering vessel
Chinese shipbuilding mayor Nantong CIMC SOE has signed a contract for the construction of a 12,500 cbm LNG bunkering vessel with Enagás subsidiary Scale Gas. The vessel is set for delivery by 2026, the Clarksons Hellas Weekly Bulletin reports. The 12,500 cbm LNG bunkering vessel is designed to meet
Viking Link: World’s largest interconnector days away from being put into operation
Energinet is getting ready to bring the Viking Link, which is said to be the world’s longest electricity interconnector, online by the end of the year.
Two legal challenges loom over UK’s giant undeveloped oil field
Legal trouble brews on the horizon for the UK government and one of the largest undeveloped oil fields in the UK over climate concerns.