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Singapore and Tianjin to establish green and digital shipping corridor
The Maritime and Port Authority of Singapore (MPA) and the People’s Republic of China’s Tianjin Municipal Transportation Commission signed a memorandum of understanding (MoU) to establish the Singapore – Tianjin Green and Digital Shipping Corridor.
UK oil & gas firm gets its hands on much-anticipated stakes in two blocks offshore Angola
Afentra has tucked the acquisition of interests in two blocks offshore Angola under its belt after wrapping the transaction with Sonangol.
Port of San Diego boosts cruise ship shore power capabilities
The Port of San Diego is adding more shore power connectivity at its B Street cruise ship terminal to improve air quality and reduce greenhouse gas emissions on and around San Diego Bay.
Prysmian wins €100 million contract with Petrobras
Italian cabling giant Prysmian has secured a contract worth over €100 million with Brazil’s state-owned oil and gas giant Petrobras for the provision of umbilicals and steel tube. Under the contract, Prysmian will deliver 170 kilometers of deep-water electro-hydraulic umbilicals and the related spec
China’s first methanol-fueled Ultramax bulk carrier wins ABS’ nod
Classification society ABS has issued approval in principle (AiP) to Lemissoler Navigation for its design of a methanol-fueled Ultramax bulk carrier, the first such methanol vessel for China’s shipbuilding industry.
ADNOC and MHI add new link to UAE-Japan low-carbon fuel value chain
UAE’s Abu Dhabi National Oil Company (ADNOC) and Japan’s Mitsubishi Heavy Industries (MHI) have agreed to explore potential opportunities for collaboration on the development of value chains for blue ammonia and blue hydrogen. The companies formalized their intention through an agreement signed on D
Stena rig becomes first drillship to don DNV’s notation for emission reduction
Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.
Masdar, Dutch firms advance hydrogen export plans to Amsterdam port
Abu Dhabi-based clean energy company Masdar and its Dutch partners Port of Amsterdam, SkyNRG and Zenith Energy Terminals have signed a joint study agreement (JSA) to assess the feasibility of a dedicated liquefied green hydrogen supply chain for Masdar-produced hydrogen to the port of Amsterdam. Und
The Sea Cargo Charter to revamp reporting ambitions
The Sea Cargo Charter (SCC) plans to revise its reporting ambitions, aligning its trajectory with emission reduction goals in response to the International Maritime Organization’s (IMO) revised greenhouse gas (GHG) strategy adopted during MEPC80 in July 2023. The SCC said it was set to expand its cu
COSCO, bp to bolster cooperation on hydrocarbons transportation, methanol bunkering and offshore wind
Chinese shipping major COSCO Shipping and global oil giant bp inked a Memorandum of Understanding (MoU) of strategic cooperation at Marintec in Shanghai. The strategic cooperation memorandum outlines plans to expand the scope of collaboration, exploring new avenues for cooperation. Key areas of focu
First oil still on track as BP spuds production well from brand-new platform off Azerbaijan
BP has started drilling the first well from its operated Azeri Central East (ACE) platform in the Caspian Sea off the coast of Azerbaijan.
Container shipping majors enter green fuel deals with Nestlé
Container shipping companies Hapag-Lloyd and CMA CGM revealed that they entered into collaboration with Nestlé, a Switzerland-based food & beverage company, aiming to advance cleaner shipping.
Hayfin unlocks $1 billion in shipping asset potential
Europe’s shipping investor Hayfin Capital Management has completed a fundraising process for its Maritime Yield strategy, attracting $400m in capital commitments for the fund. With the latest financing round, Hayfin will have the capacity to acquire up to $1bn of shipping assets when coupled with co
ExxonMobil, Chevron set sights on more oil & gas along with low-carbon and new energies
ExxonMobil and Chevron have disclosed their capital investment expectations, encompassing oil and gas plays along with emission-reduction solutions.