Russia’s state-owned shipping company Sovcomflot (SCF Group) has welcomed into the fleet a new generation LNG-fuelled Aframax oil tanker Okeanskiy Prospekt. The 112,650 dwt ship was built at the Zvezda SSC in Primorsky Territory, and its construction was financed by the Russian state development cor
Sembcorp Marine has completed the delivery of the Deepwater Titan drillship, the world’s second 8th-generation drillship, to Transocean’s subsidiary Triton Titan. Following the delivery, Deepwater Titan is scheduled for deployment on a five-year contract in the U.S. Gulf of Mexico. According to Semb
Spanish LNG terminal operator Reganosa has upgraded the jetty at its Mugardos LNG import terminal in the port of Ferrol as part of the modernisation plans. According to Rgeanosa, the modernisation works have increased the facility’s versatility which will now be able to operate not only large and me
Japan, the world’s top importer of LNG, is working with marine insurers in the country to ensure LNG imports from Russia are not jeopardized in the wake of the latest sanctions against Moscow. Three companies from Japan, Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance, and Mitsui Sumito
South Korean shipbuilder Hyundai Samho Heavy Industries hosted keel laying ceremonies for two LNG carriers on the same day earlier this week. The keels were laid for two 174,000 cbm LNG carriers that are being built for Norway-based Knutsen OAS Shipping AS. The vessels will be classed by Lloyd’s Reg
A Liberian-flagged containership HSL Nike suffered an engine malfunction on Monday, December 26 while sailing toward the port of Rotterdam. The vessel anchored off Cap Gris-Nez in northern France to avoid drifting while the crew tried to repair the engine. After a full day of investigations carried
Excelerate Energy’s floating storage and regasification unit (FSRU) Exemplar has anchored in the deep harbour Inkoo, Finland, to serve the country’s first FSRU-based terminal. Finnish transmission system operator Gasgrid Finland confirmed the Exemplar’s arrival on 28 December stating that “the float
Container shipping major Maersk has launched the construction of its 16,200 TEU dual-fuel containerships that can run on green methanol. Namely, South Korean shipbuilder Hyundai Heavy Industries hosted a steel-cutting ceremony for what is believed to be the first vessel from the series on November 2
Port of Koper, a public limited company, which provides port and logistics services in the only Slovenian port, has revealed its plans to encourage and reward low-emission ships by introducing reduced port fees.
Due to increases in the liquefied natural gas (LNG) fuel costs and a “non-sustainable financial situation”, Norwegian ferry company Fjord Line has decided to rebuild its two ships from LNG-only engines to dual-fuel LNG / marine gas oil (MGO) engines. “The energy crisis, caused by the Russian invasio
Russian President Vladimir Putin signed an Executive Order on Tuesday, December 27, banning the sale of oil and oil products to foreign companies and individuals abiding by the price cap imposed by the Westrn nations. To remind, at the beginning of December, the Group of Seven (G7) nations and Austr
This year saw an ordering spree for LNG carriers amid spiking demand for LNG driven primarily by the ongoing geopolitical turbulence in Europe as the EU battles to break away from dependence on Russian gas instigated by Russia’s war in Ukraine. A total of 162 new orders have been placed so far this
Scottish state-backed ferry owner Caledonian Maritime Assets Ltd (CMAL) has selected Cemre Marin Endustri A.S shipyard in Turkey as the preferred bidder for the construction of two new ferries. The two new vessels are intended to support the communities at Uig, Lochmaddy and Tarbert (Harris). “This
Carbon capture and storage (CCS) is a suite of technological processes which involve capturing carbon dioxide (CO2) from the gases discarded by industry and transporting and injecting it into geological formations. According to the Global Status of CCS 2022 report, as of September 2022, 196 commerci
