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DP World to invest up to $7.5 billion in Indonesian port facilities
Green Marine

DP World to invest up to $7.5 billion in Indonesian port facilities

Dubai-based port operator DP World has signed a strategic alliance agreement with the Indonesia Investment Authority (INA) to enhance Indonesia’s maritime and port sector within the global manufacturing ecosystem.

about 5 years ago
Maersk
Green Marine

Maersk to establish carbon-neutral logistics park in Middle East

Danish shipping giant A. P. Moller – Maersk has signed an agreement with Saudi Ports Authority (Mawani) to set up an integrated logistics park at the Jeddah Islamic Port in Saudi Arabia.

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about 5 years ago
A visualization of a floating offshore wind farm connected to the Draugen platform.
Green Marine

In focus: Ships, oil & gas platforms to get greener by the day with clean fuels and renewables

Massive investment announcements and ambitious new developments in the energy and shipping sectors marked this week on Offshore Energy (well, together with our Offshore Energy Exhibition & Conference), as work on the global energy transition is moving forward through numerous new initiatives.

about 5 years ago
UK Prime Minister Boris Johnson - energy transition
Green Marine

In focus: UK gets the ball rolling on cutting emissions with net-zero strategy launch

Reports on efforts to decarbonise the oil & gas and the shipping sector continue to hit the headlines as the energy transition gathers speed.

about 5 years ago
GSL
Green Marine

ZIM splashes $320 million on seven containerships

Israeli shipping company ZIM Integrated Shipping Services has revealed that during the month of October the firm acquired seven secondhand boxships in a number of separate transactions.

about 5 years ago
Mermaid Subsea Services buys 50% in CSV Millennium 3
Green Marine

Mermaid Subsea Services takes 50% interest in CSV Millennium 3

Mermaid Subsea Services (Thailand) (MSST) has entered into a memorandum of understanding (MoU) with PT David Marine for the purchase of a 50% ownership share in DP2 construction support vessel Millennium 3.

about 5 years ago
FSRU Exquisite completes 400th ship-to-ship LNG transfer in Pakistan
Green Marine

FSRU Exquisite completes 400th ship-to-ship LNG transfer in Pakistan

FSRU Exquisite, jointly owned by Nakilat and Excelerate Energy, has completed the 400th ship-to-ship transfer of LNG at the Engro Elengy Terminal in Pakistan.

about 5 years ago
Saad Sherida Al-Kaabi; Source: Qatar Petroleum, now Qatar Energy
Green Marine

In focus: Energy transition reels in more oil & gas majors as coal power producer enters offshore renewables market

Another week has gone by not leaving us wanting on energy transition developments, as several updates on renewable energy, clean fuels, decarbonisation, and net-zero strategies made headlines – most notably those from the traditionally fossil fuel-oriented players.

about 5 years ago
Green hydrogen
Green Marine

Green hydrogen fuels to decarbonise 80% of global shipping

A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 emissions attributed to international maritime shipping by mid-century, a new report by the International Renewable Energy Agency (IRENA) finds.

about 5 years ago
Cyprus
Green Marine

Cyprus: Sustainability key pillar of long-term strategic vision for shipping

Following a nine-month public consultation, Cyprus Shipping Deputy Ministry (SDM) has launched SEA Change 2030, a long-term strategic vision for Cyprus shipping.

about 5 years ago
Photo showing oil spill offshore Southern California (Courtesy of Petty Officer 1st Class Richard Brahm)
Green Marine

In focus: Shipping poised to lead clean fuels uptake as major oil spill spurs calls for offshore drilling ban

In a week that once again reminded us of the devastating effects the use of fossil fuels has on environment – now on full display across the coast of Southern California due to the newest oil spill – the calls to break our addiction on such sources of energy echoed around the world. Shipping industr

about 5 years ago
Mawani
Green Marine

Mawani, DP World break ground on Jeddah container terminal revamp

The Saudi Ports Authority (Mawani) and DP World Jeddah today laid the foundation stone for the expansion and modernization of the South Container Terminal at Jeddah Islamic Port.

about 5 years ago
Drydocks
Green Marine

Drydocks kicks off FSO conversion project for Perenco

Drydocks World Dubai has begun operations for converting an Aframax tanker to an FSO unit for Perenco’s project located offshore Brazil.

about 5 years ago
Qatar Petroleum orders four LNG carriers in China
Green Marine

Qatar Petroleum orders four LNG carriers in China

State-owned petroleum company Qatar Petroleum has placed an order for four liquified natural gas (LNG) carriers at Chinese shipyard Hudong-Zhonghua Shipbuilding Group Co., a subsidiary of China State Shipbuilding Corporation Limited (CSSC).

about 5 years ago