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Transition - Offshore Energy

Transition

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Olympus platform and a drilling rig in the background

Transition

Rystad: Oilfield services sector will struggle to repeat former glory amid energy transition push

The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.

about 5 years ago

Transition

Stolt Tankers to build low water tanker for BASF

Stolt Tankers has been commissioned by chemicals company BASF to help design and build a new tanker that can operate at extreme low water levels in the river Rhine. The ship will be built by Mercurius Shipping Group and after scheduled delivery in 2022, Stolt Tankers will operate it exclusively for

about 5 years ago

Allseas drillship for future deep-sea mining

Transition

Allseas taps Seatools for deep-sea mining equipment

Allseas has awarded subsea technology company Seatools the contract for the delivery of the complete electrical, hydraulic, and control system for its deep-sea mining nodule collector. The project is part of Allseas’ development program to realise advanced deep-water equipment for the gathering of p

about 5 years ago

Transition

Navigator Holdings embarks on its first carbon-neutral voyage

Navigator Holdings Ltd, owner and operator of the world’s largest fleet of Handysize liquefied gas carriers, has launched the company’s first carbon-neutral voyage. Specifically, Navigator Capricorn, a 20,550cbm semi-refrigerated gas carrier, loaded LPG for U.S. midstream company Sunoco Partners Mar

about 5 years ago

Transition

Maersk CEO: We expect to order first ships running on new fuels in three years

Maersk expects to resolve safety and all other issues faced by ammonia and fuel types based on alcohols in two to three years, clearing the way to order the first ships to run on these fuels in the next three years, the company’s CEO Søren Skou said in a podcast hosted by Global Optimism. The [&hell

about 5 years ago

Transition

Cyprus to cut annual tonnage tax for ships that reduce their environmental impact

The Cyprus Shipping Deputy Ministry (SDM) is launching a range of green incentives to reward vessels that demonstrate effective emission reductions. From the fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that demonstrates proactive measures to reduce its environme

about 5 years ago

Transition

Guangzhou Shipyard cuts steel for Proman Stena Bulk’s methanol-fuelled tanker

China-based Guangzhou Shipyard International (GSI) has held a steel cutting ceremony for the IMOIIMeMAX methanol-fuelled Stena Pro Patria, which is due for delivery in early 2022. The 49,900 dwt Stena Pro Patria will be the first of the three methanol vessels to be built by the joint venture between

about 5 years ago

Transition

Avin International orders ammonia-ready suezmax

Greek shipowner Avin International LTD has ordered a Suezmax tanker from the Chinese shipbuilder New Times Shipbuilding Co., and the tanker is set to become the first ammonia-fuel ready vessel in the world. The landmark 274-meter-long vessel is now under construction and the company has options for

about 5 years ago

Transition

Subsea sector and Strathclyde Uni roll out offshore renewables course

The University of Strathclyde, in conjunction with National Subsea Research Initiative (NSRI) and Subsea UK, have announced a new foundation-level course for the offshore renewable energy sector. Specifically, the course provides a balance of applied engineering and business, targeting technical and

about 5 years ago

Transition

Oldendorff’s newbuilds fitted with ABB’s Azipod electric propulsion

China’s Chengxi Shipyard has delivered the first of twin self-unloading transshipment newbuilds to German shipowner Oldendorff Carriers. The 21,500-DWT transshipment bulkers have been installed with two 1.9-MW Azipod units, as part of a package of electric, digital and connected solutions from ABB.

about 5 years ago

Transition

Avance Gas orders two more dual-fuel VLGCs at DSME

Norway-based shipping firm Avance Gas Holding has ordered two 91,000 CBM, liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) in South Korea.

about 5 years ago

Transition

Industry heavyweights join forces to accelerate development of solid oxide fuel cells

Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell (SOFC) technology. Funded by a grant from Danish Energy Technology Development and Demonstration Prog

about 5 years ago

Transition

COVID-19, energy transition hit transhipment at Port of Amsterdam

For the first time in several years, the Port of Amsterdam saw a significant decline in transhipment volumes in 2020, citing both coronavirus and energy transition effects.

about 5 years ago

Transition

Ex-Simec Atlantis boss to lead Global Energy Group

Energy sector service provider Global Energy Group has appointed former Simec Atlantis head Tim Cornelius to the role of group chief executive. Cornelius will be responsible for group financial performance, group strategy as well as transition management from a hydrocarbon to a low-carbon business f

about 5 years ago