Norwegian seismic company PGS has entered into a one-year strategic collaboration with compatriot inApril for the hybrid towed streamer and ocean bottom node (OBN) market. According to PGS’ President and CEO Rune Olav Pedersen, the strategic collaboration with inApril expands the company’s service o
ONGC is setting the wheels into motion to transform into a low-carbon energy player by scaling up its renewable portfolio to 10 GW by 2030.
Japanese shipping major NYK Line has taken delivery of the fourth and final LNG-powered pure car truck carrier (PCTC) from China Merchants Jinling Shipyard (Nanjing) Co. The vessel named Sumire Leader was delivered to NYK on 14 August, which is 139 days ahead of schedule, according to the shipyard.
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has emerged as the shipbuilder of Euronav’s recently purchased very large crude carrier (VLCC) newbuild. As reported earlier this week, the Belgian tanker shipping company inked a deal to buy a VLCC newbui
Seadrill, Dolphin, and Borr are encouraged by signs of a rig market upcycle amid strong tendering and contracting activity.
At Sultan Qaboos Port, Oman has received the first liquefied hydrogen carrier ship Suiso Frontier as part of the Japanese tanker’s regional tour in the Middle East. Oman News Agency said that Salim Nasser Al Aufi, Minister of Energy and Minerals, and officials from the sectors of hydrogen, transport
A ship-based carbon capture (SBCC) prototype developed under the EverLoNG project was installed on an LNG-powered LNG carrier owned by energy major TotalEnergies while in drydock in Spain. The carbon capture unit was built in the Netherlands by carbon capture solutions provider Carbotreat. The insta
Swedish marine energy company Minesto has published its half-year report for 2023 with an increased net loss when compared to the first half of 2022. The company reported a net loss of SEK 9.78 million (around $902,000) as opposed to SEK 7.7 million (€727,000) recorded for the same period in 2022. T
The world’s first containership powered by green methanol has reached East Port Said, Egypt, its third bunkering stop on its maiden journey from Ulsan, South Korea to Copenhagen, Denmark. The ship, owned by industry major Maersk, arrived at the port on Tuesday, August 15, the Suez Canal Economic Zon
Archer has been awarded a multi-million-dollar decom contract by Repsol Sinopec to execute P&A work covering 32 wells in the UK North Sea.
RWE has selected DeepOcean as the preferred supplier of inter-array cable installation for the Nordseecluster A offshore wind project, the first of the two phases of RWE’s Nordseecluster development in the German part of the North Sea. The contract could also see the subsea services provider perform
Dutch shipping company Spliethoff has welcomed into the fleet m.v. Bloemgracht, its second newbuild DP2 multipurpose vessel, from China’s Fuzhou Mawei shipyard. “We are happy to announce that m.v. Bloemgracht has been delivered from Fuzhou Mawei shipyard to Spliethoff Group today, 11 August 2023 at
The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted detailed proposals for the next round of IMO negotiations set for July this year with the aim of increasing decarbonization targets and setting a course for a net-zero future. The subm
The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membership milestone, and the association now represents 32% of the global dry bulk fleet dwt. INTERCARGO has within its global fleet more than 3,200 bulkers registered by over 155 dry bulk owners/managers/ope
