Norway’s oil production in May 2021 was four per cent above predictions made by the Norwegian Petroleum Directorate (NPD).
BIMCO, the world’s largest shipowners’ association, is looking at a number of initiatives to approach how shipping can reduce its plastics footprint in light of delays in international action and discussion.
A group of companies from the offshore renewable industry has developed a pre-engineering design software solution for the subsea architecture of floating wind farms.
Hong Kong-based leasing major China Development Bank Financial Leasing (CDB Leasing) is pursuing its fleet expansion with orders for ten MR oil/chemical tankers to be built at Jiangsu New Times Shipbuilding Co.
Spanish authorities have arrested an oil tanker in the Port of Almería for the illicit discharge of hydrocarbons.
Energy Information Administration (EIA) weekly report has shown that LNG exports from the U.S. went up this week, with Henry Hub prices going up as well.
The Finnish technology group Wärtsilä has signed several agreements to support LNG carriers owned by Qatar-based Nakilat.
South Korean shipping major Hyundai Heavy Industries has conducted a test run of a fully autonomous cruise ship, which navigated through the narrow 10-kilometer Pohang Canal.
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered the tank design of four new LNG carriers from the French LNG containment specialist GTT.
Brittany Ferries is exploring the potential for a new high-speed, sustainable and more efficient form of ferry travel called a seaglider.
Danish offshore vessel provider Esvagt has recently won several new deals for its vessels as activity in the oil and gas market increases.
London-based containership owner Global Ship Lease (GSL) has agreed to purchase four Panamax containerships on multi-year charters.
KARMOL’s first FSRU has arrived in Dakar, marking a step forward in KARMOL’s LNG transition in Senegal.
Finnish shipbuilder Meyer Turku has started construction on Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise vessel.
