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Business Developments & Projects

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Second multi-fuel Aurora-class PCTC officially joins Höegh Autoliners fleet
Business Developments & Projects

Second multi-fuel Aurora-class PCTC officially joins Höegh Autoliners fleet

Norwegian shipping company Höegh Autoliners has welcomed the second multi-fuel Aurora-class pure car and truck carrier (PCTC), Höegh Borealis, to its fleet. Höegh Autoliners took delivery of the latest newbuild from China Merchants Heavy Industry (CMHI) on October 16, 2024, following the naming cere

about 2 years ago
Japanese duo looking into energy-saving ship operations utilizing wind power
Business Developments & Projects
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Japanese duo looking into energy-saving ship operations utilizing wind power

Sumitomo Heavy Industries Marine & Engineering (SHI-ME) and ORIX Corporation have begun a feasibility study on utilizing wind power for energy-saving operations on one of ORIX’s bulk carriers.

about 2 years ago
With funding boost under the belt, Stena Line and partners evaluating first UK-Ireland green shipping route
Business Developments & Projects

With funding boost under the belt, Stena Line and partners evaluating first UK-Ireland green shipping route

Backed by recently secured funding, the Green Corridor initiative is commencing a study to assess the feasibility of establishing a zero-emission shipping route between ports of Holyhead and Dublin. If established, it will be the first green route to operate between the UK and Ireland. The Green Cor

about 2 years ago
As one of the consortium members, the Renewables Grid Initiative (RGI) has unveiled the launch of a project, which is envisioned to promote nature-inclusive designs for offshore renewable infrastructu
Business Developments & Projects

Wheels set in motion for project using North Sea, Baltic Sea, and Western Mediterranean as case studies to align offshore renewables with ocean protection

As one of the consortium members, the Renewables Grid Initiative (RGI) has unveiled the launch of a project, which is envisioned to promote nature-inclusive designs for offshore renewable infrastructure. Funded under Horizon Europe’s ‘Restore our Ocean and Waters’ mission, the Nature-inclusive desig

about 2 years ago
Appraisal drilling at Block 58 was done with the Maersk Valiant (now called Noble Valiant) drillship; Source: Noble Corporation
Business Developments & Projects

TotalEnergies handpicks UK firm to inspect and evaluate up to three rigs for Suriname’s $10.5B oil project

ADC Energy has been hired on a multi-year assignment related to the selection and acceptance of up to three offshore drilling rigs, which will work at a recently greenlighted oil project in Suriname’s Block 58 operated by TotalEnergies.

about 2 years ago
South Korea’s Busan Port hosts its first LNG-powered cruise ship
Business Developments & Projects

South Korea’s Busan Port hosts its first LNG-powered cruise ship

Following the expansion of the LNG fuel supply structure, South Korea’s Busan Port has hosted the first LNG-powered cruise ship – the 2023-built Silver Nova owned by Monaco-based Silversea Cruises. The 54,000-ton LNG-fueled Silver Nova, which was built by German shipbuilder Meyer Werft as the first

about 2 years ago
Frontal view of a vessel at sea
Business Developments & Projects

Eni seeks approval for decom ops offshore Australia

Eni Energy Bonaparte, an affiliate of Italy’s energy titan Eni, has submitted a revised environment plan for decommissioning operations at a field in the Bonaparte Basin in northern Western Australia to the Australian Commonwealth regulator, National Offshore Petroleum Safety and Environmental Manag

about 2 years ago
Ohmium to provide PEM electrolyzers for industrial-scale floating hydrogen and ammonia project
Business Developments & Projects

Ohmium to provide PEM electrolyzers for industrial-scale floating hydrogen and ammonia project

Ohmium International has signed a term sheet with SwitcH2 BV for the supply of PEM electrolyzer solutions for the offshore floating green hydrogen and ammonia synthesis project OFFSET.

about 2 years ago
First step taken toward development of cable factory in Maryland
Business Developments & Projects

Hellenic Cables lands inter-array deal for US offshore wind project

Greece’s Hellenic Cables, the cable segment of Cenergy Holdings, has signed a partnership agreement with Leading Light Wind, one of the largest offshore wind farms in the U.S., to supply some of the project’s inter-array cables. Under the agreement, Hellenic Cables will supply 65 kilometers of 132 k

about 2 years ago
Al Shaheen field offshore Qatar; Source: Hengtong
Business Developments & Projects

Expansion of Qatar’s huge 30-year-old oil field brings subsea cable order to Hengtong

Hengtong will manufacture and construct the submarine fiber optic cable system, including branch units for a project, which is said to be the most important and strategic one for the future of Qatar’s largest offshore oil field.

about 2 years ago
Carbon storage (illustration); Source: TGS
Business Developments & Projects

Pullout from gas search deals ‘major blow’ but TGS’ CO2 storage assessment hailed as ‘game-changer’

The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as

about 2 years ago
$16 million subsea order lands on Kraken Robotics' table
Business Developments & Projects

Kraken Robotics bags $13M in subsea battery orders

Canada-headquartered marine technology player Kraken Robotics has secured $13 million in orders for its SeaPower subsea batteries from existing clients. Rated for depths of up to 6,000 meters, these batteries deliver twice the energy density and are 46% lighter per kWh compared to traditional press

about 2 years ago
Deepwater Conqueror drillship; Source: Transocean
Business Developments & Projects

Transocean drillship gets another drilling job in Gulf of Mexico

Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U.S. Gulf of Mexico.

about 2 years ago
HD Hyundai
Business Developments & Projects

Maritime giants unite to build standardized LCA framework for emissions calculation

HD Hyundai Marine Solution, a marine solutions provider operating under South Korea’s titan HD Hyundai, has shaken hands with compatriot HD Hyundai Samho shipyard and the French shipping behemoth CMA CGM to develop a standardized life cycle assessment (LCA) model for measuring carbon emissions in sh

about 2 years ago