Dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into an agreement to acquire six 208,000 dwt vessels equipped with exhaust gas cleaning systems (scrubbers) for a total of $291 million. GOGL said that the newly-acquired vessels will be chartered back to their former owner, the
UK’s Unite the union has confirmed that nearly 100 Odfjell offshore drillers have backed strike action in a dispute over rotas and pay.
Offshore supply vessel Aurora Storm has left the Danish Port of Esbjerg towards the site of Project Greensand, allowing commissioning tests to soon begin at Denmark’s first CO2 storage project. According to the latest update from the project developer, Aurora Storm left the harbor in Esbjerg towards
Danish container shipping major Maersk is donating around 1,000 shipping containers to Türkiye to help those in need affected by the massive earthquake that hit Syria and Türkiye on February 6. The company said that the move follows close contact with the State Disaster and Emergency Management Auth
UK-headquartered energy services provider Expro is acquiring compatriot well construction cementing firm DeltaTek Global in order to broaden its offering, capabilities and technology portfolio. According to Expro’s Chief Technology Officer Steve Russell, the acquisition will expand Expro’s well cons
US energy company New Fortress Energy (NFE) will use a series of technologies from technology company Honeywell UOP to remove various contaminants from natural gas prior to liquefaction at its fast LNG (liquefied natural gas) projects. According to Honeywell, it will provide engineering services and
European Investment Bank (EIB), the bank of the European Union (EU), has signed a Memorandum of Understanding (MoU) to join the India Hydrogen Alliance (IH2A) and increase support for large-scale green hydrogen hubs and projects across India with indicative funding of €1 billion, subject to the Indi
Chevron Australia, an affiliate of US-based energy giant Chevron, has committed a combined A$38 million (around US$26.5 million) to contribute to carbon capture and storage (CCS) research projects in Western Australia and Victoria. The contribution aims to advance knowledge of the critical emissions
Boluda Corporación Marítima, through its Boluda Towage division, has reached an agreement to acquire Smit Lamnalco, the world’s fifth-largest towage operator. The deal is expected to enable the company to strengthen its presence in strategic markets such as Australia, the Middle East, and West Afric
Global towage operator Svitzer, a part of A.P. Moller-Maersk, has appointed Australia Chief Commercial Officer Ivan Spanjic as Global Head of Green Ports. The company created the role recently to focus on unlocking value for partners across the marine supply chain, as the demand for green ports and
With final construction permits in place, Nordic energy company Gasum is starting the construction work on its latest biogas plant in Götene, Sweden, as the first in a line of strategic investments into increasing biogas availability. According to Gasum, the new plant will be producing 120 gigawatt
Houston-based oil and gas company Talos Energy has received stockholder approval for the acquisition of EnVen Energy Corporation, a private operator in the deepwater U.S. Gulf of Mexico. The deal is expected to double Talos’ operated deepwater facility footprint. Talos Energy announced on 8 February
Finland’s government has adopted a resolution on hydrogen in which it describes the countries’ objectives regarding hydrogen and the measures to promote them. According to the government, Finland’s goal is to become the European leader in the hydrogen economy in the entire value chain, and it has th
Classification society DNV has awarded an Approval in Principle (AiP) to Michelin for their WISAMO wing sail system. DNV said that this was the first AiP to have been awarded to an inflatable wing sail design. The wing prototype with a surface area of 100 sqm is being installed on Compagnie Maritime
