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IT & Software

Final preparations for OEEC 2024 underway

Offshore Energy Exhibition & Conference 2024 (OEEC 2024) is coming up this month. Work on the event is at full steam at Navingo (the company behind OEEC and Offshore-Energy.biz brands) with final tweaks and preparations underway. The exhibition floor has been almost completely booked and visitors ar

about 1 year ago

IT & Software

MacGregor rolls out digital carbon calculator for container shipping emission estimates

MacGregor, part of Cargotec, has released a ‘free’ digital carbon calculator designed to help container shipping companies estimate the carbon dioxide (CO₂) emissions they could cut down on. As disclosed, the new calculator enables users to enter vessel details, the existing container cargo system a

about 1 year ago

IT & Software

The dawn of the Fifth Industrial Revolution in shipping is here

The shipping industry is currently undergoing a transformation shaped by innovations in naval architecture, green technology and digital technology, all enabling a new industrial revolution, according to Christopher J. Wiernicki, Chairman and CEO of class society ABS.

about 1 year ago

IT & Software

MT Group to build hydrogen production and refueling station at Port of Klaipeda

MT Group has signed a contract with the Klaipeda State Seaport Authority to build a green hydrogen production and refueling station in the Port of Klaipeda.

about 1 year ago

Fulmar platform in UK waters; Source: Repsol

IT & Software

Baker Hughes and Repsol enhancing oil & gas production with AI-powered solutions

Baker Hughes has pooled resources with Spain’s Repsol to bring new artificial intelligence (AI) processes and workflows into play to unlock further improvements in the oil and gas production arena.

about 1 year ago

IT & Software

SLB and Velesto go in hot pursuit of rig performance optimization

SLB has joined forces with Velesto Drilling, a subsidiary of Malaysia-based Velesto Energy, to take rig capabilities to a new level by employing digital tools to enhance drilling performance.

about 2 years ago

Digitalization is one of the growing decarbonization trends, which helps curb the vessels' greenhouse gas (GHG) emissions footprint; Source: Opsealog

IT & Software

Interview with Opsealog: Power of digitalization levels up vessels’ energy efficiency game as shipping regulations tighten their grip on fleets’ emissions

France’s Opsealog paints a picture of the offshore supply vessel (OSV) future rich with evolving technologies, a blossoming array of propulsion tools, and decarbonization gains.

12 minutes read

Hail and Ghasha mega gas development concept; Source: ADNOC

IT & Software

WATCH: First steel cut for mega gas project set on zero-emission ops by entwining smart tech, carbon capture, hydrogen, nuclear, and renewable power

The UAE’s ADNOC has held a ceremony to mark the cutting of the first steel for structures that will be placed at a massive sour gas development off the coast of the United Arab Emirates (UAE), which is envisioned to have fully unmanned offshore facilities and operate with zero emissions.

about 2 years ago

IT & Software

Data standardization key for industry to harness the power of digitalization, report shows

Data standardization is urgently needed in the offshore maritime industry to accelerate the value delivered by onboard digitalization and boost operational and environmental performance, a new white paper found.

about 2 years ago

IT & Software

Maritime AI market nearly triples in size in the last 12 months, report shows

In the past 12 months, the maritime artificial intelligence (AI) market has seen an explosive expansion, nearly tripling in size, a new report shows.

about 2 years ago

IT & Software

Avikus and DNV join forces for ‘world-first’ autonomous type approval

Avikus, an autonomous navigation solutions venture founded by South Korean shipbuilder Hyundai Heavy Industries (HHI) Group, and Norway-based classification society DNV have teamed up on ‘world’s first’ approval of autonomous vessel systems. The partnership between Avikus and DNV represents a ‘signi

about 2 years ago

IT & Software

Lloyd’s Register acquires OTG to expand digital solutions across a 30,000-plus vessel fleet

UK-based Lloyd’s Register (LR), a provider of maritime services and digital solutions, has finalized an agreement to acquire Ocean Technologies Group (OTG), a human capital management and operational software company, from European private equity firm Oakley Capital. This purchase will reportedly al

about 2 years ago

IT & Software

OceanOpt and DNV Veracity team up for ‘improved’ maritime emissions management

OceanOpt, a provider of emissions management solutions, has partnered up with DNV Veracity, the data platform from independent assurance and risk management company, DNV, to ‘simplify’ emissions reporting and compliance with the European Union Emissions Trading System (EU ETS) for shipping companies

about 2 years ago

IT & Software

ABB, Wallenius Marine partner up to monitor CII performance of 6 Terntank tankers in new trial

Swedish-Swiss equipment provider ABB and Swedish ship design and management company Wallenius Marine have joined forces with Danish tanker operator Terntank to monitor the Carbon Intensity Indicator (CII) performance aboard six tankers owned by Terntank. As reported, the trial aims to ‘lower emissio

about 2 years ago