Italian shipping major Grimaldi Group is celebrating its 75th anniversary with a new round of investments in green vessels and port stake acquisitions. Namely, Grimaldi has signed a contract for the construction of two car carriers of 7,800 lane metre capacity from the Chinese Jinlong yard. The ship
The final offshore lifting and installation campaign for TotalEnergies’ Tyra II project in the Danish North Sea has been completed.
The offshore energy industry is showing its strongest commitment and ramp-up in efforts to reach net-zero targets as soon as possible and get the energy crisis worries off its chest. Cutting vessel emissions has always been an integral part of the equation. With hybrid power solutions and different
Dutch shipbuilder Holland Shipyards Group has signed a contract with the Swedish Transport Administration (Trafikverket) for the delivery of two plus two autonomous all-electric ferries.
China-based Yangzijiang Shipbuilding revealed that it has secured orders for a total of 22 vessels since last August, achieving its highest-ever total orderbook value of $10.27 billion and extending its revenue visibility to mid-2025. Out of the orders for the 22 vessels, six are 66,000 dwt bulk car
Danish ship owner and operator Uni-Tankers has decided to retrofit two of its tankers to meet expectations for energy efficiency for the years ahead.
The Shimonoseki Shipyard of Japan’s Mitsubishi Shipbuilding Corporation hosted today a keel laying ceremony for the hull of the demonstration test ship for liquefied CO2 transportation. The project was announced by the shipyard in February this year following a contract signing with compatriot shipp
Classification society Bureau Veritas (BV) has delivered an approval in principle (AiP) to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for its design and development of an 86,000 cbm ammonia (NH3) carrier with ammonia propulsion.
Yinson has entered into a $720 million syndicated loan facility for an FPSO being built to operate for Petrobras in waters offshore Brazil.
MJR Power and Automation, a UK company which will soon install charging points for electric crew transfer vessels (CTVs) on the Lynn and Inner Dowsing offshore wind farms, has been awarded a second round of government funding for development of its technology to connect and charge Service Operation
Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit (FSRU) Independence from Norway’s floating terminal projects company Höegh LNG. The transfer of ownership is expected to occur in December 2024.
Allseas is fitting three vessels with Kongsberg Maritime’s battery tech and intends to pursue hybrid power solutions for its other vessels.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a charter contract with Sakhalin Energy LLC, a new operator of Russian liquefied natural gas (LNG) plant Sakhalin II, for the LNG carrier Grand Mereya. The contract for the LNG carrier was signed through a subsidiary company 60% owned by
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has won orders for a total of 6 LNG carriers worth over $1.29 billion. Four LNG carrier newbuilds were ascribed to European shipowners. The contract is worth KRW 1.2 trillion (approximately $880 million) and the vessels are s
