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Canada embarks on Green Shipping Corridor Program to help cut shipping pollution
The Canadian government is launching a new program that will establish green shipping corridors and help decarbonize the marine sector in major shipping areas along the Great Lakes, the St. Lawrence Seaway, and Canada’s east and west coasts.
Maersk to pour half a billion dollars into Southeast Asia infrastructure
Danish shipping giant A.P. Møller–Maersk has revealed its plans to invest more than $500 million to expand its supply chain infrastructure in Southeast Asia.
Global OTEC partners up with 2H Offshore to advance OTEC tech
Global OTEC and 2H Offshore have signed an agreement to combine their expertise and accelerate development of floating ocean thermal energy conversion (OTEC) technology.
Jadestone’s infill drilling campaign off Malaysia seen as ‘very successful’
Jadestone Energy has wrapped up the drilling activities at the final well in its infill drilling campaign offshore Peninsular Malaysia.
TGS and PGS shareholders back merger to create ‘premier energy data’ player
PGS has made progress in its merger with TGS after shareholders of both companies threw their support behind the merger in a bid to establish a stronger and more diversified geophysical company and data provider to the energy value chain.
Petrobras books PXGEO for another survey gig off Brazil
PXGEO has won a new contract with Brazil’s state-owned oil and gas giant Petrobras for a 4D ocean bottom node (OBN) survey offshore Brazil.
Green corridor surge: initiatives soar to 44, doubling from last year’s count
The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co
COSCO Shipping licensed to construct GTT’s systems for offshore LNG units
French LNG containment specialist GTT and Chinese shipyard COSCO Shipping (Qidong) Offshore, a subsidiary of shipping and logistics company COSCO Shipping, have signed a technical assistance and license agreement (TALA) for the construction of GTT membrane containment systems. Specifically, this agr
Methanol-ready Mein Schiff 7 launched in Finland
Mein Schiff 7, a methanol-ready cruise ship ordered by Hamburg-based cruise company TUI Cruises, has been launched in Finland.
MPA Singapore, IACS join hands on decarbonization and digitalization
The Maritime and Port Authority of Singapore (MPA) and the International Association of Classification Societies (IACS) have signed a Letter of Intent (LOI) to collaborate on various maritime digitalization and decarbonization initiatives.
Plans for hydrogen development at Dogger Bank D gain ground
Dogger Bank D, the potential fourth phase of the world’s largest offshore wind farm under construction, Dogger Bank Wind Farm, has awarded contracts to engineering consultants to support the feasibility and optimization of a large-scale green hydrogen development option on the project. SSE Renewable
Fincantieri boosting offshore and subsea sectors’ growth with new acquisition
Italian shipbuilding giant Fincantieri has set forth the main terms and conditions for the acquisition of 100% shares of Remazel Engineering.
Maersk Tankers reveals mega order for up to 10 very large ammonia carriers
Tanker operator Maersk Tankers has confirmed that it has ordered up to ten very large ammonia carriers (VLACs) at Hyundai Samho Heavy Industries in Korea. The order has been placed by an affiliated company of Maersk Tankers, validating previous media reports. As disclosed, Japanese company Mitsui &
Vopak becomes 50% shareholder in EemsEnergy Terminal
Dutch tank storage company Vopak and compatriot energy network operator Gasunie have completed the principle agreement whereby Vopak becomes a 50% shareholder in EemsEnergy Terminal, an LNG import terminal in Eemshaven in the Netherlands. Vopak and Gasunie announced the principle agreement in April