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KCC equips MV Ballard, youngest CABU ship, with Silvestream’s air bubble tech
Technology

KCC equips MV Ballard, youngest CABU ship, with Silvestream’s air bubble tech

Klaveness Combination Carriers (KCC) has revealed that MV Ballard, the youngest vessel in the CABU fleet, has completed dry dock and a series of sea trials after installing an air lubrication system developed by Silverstream Technologies.

about 2 years ago
MOL
Business & Finance

IEA: Methanol to take a backseat as ammonia blazes the trail in shipping’s decarbonization journey

In the ever-evolving quest to decarbonize the shipping industry, ammonia has emerged as the frontrunner, while methanol, despite its current hype, plays a comparatively smaller role, according to the International Energy Agency’s (IEA) 2023 Net Zero Roadmap report. The IEA’s 2023 Net Zero Roadmap se

about 2 years ago
SHI develops ‘industry first’ laser high-speed welding robot for LNGCs
Equipment

SHI develops ‘industry first’ laser high-speed welding robot for LNGCs

South Korean shipbuilder Samsung Heavy Industries (SHI) has developed a laser high-speed welding robot for use in the construction of liquefied natural gas carriers.

about 2 years ago
Japanese companies join forces for liquefied hydrogen supply chain
Business & Finance

Japanese companies join forces for liquefied hydrogen supply chain

Shipping companies Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) have joined JSE Ocean, a subsidiary of Japan Suiso Energy (JSE), with JSE remaining the majority shareholder with 50.2% of the stock, whilst the shipping companies hold 16.6% each. Th

about 2 years ago
Courtesy of Corinth Pipeworks
Business Developments & Projects

Snam hires Greek firm for pipeline works on new FSRU project off Ravenna

Greek company Corinth Pipeworks has secured a contract with Italian energy player Snam to manufacture and supply steel pipes for the development of an offshore and onshore natural gas pipeline for a floating storage and regasification unit (FSRU) to be deployed offshore Ravenna, Italy. Under the con

about 2 years ago
GKinetic's 12kW hydrokinetic unit in LImerick city (Courtesy of GKinetic Energy)
Business Developments & Projects

GKinetic demonstrates hydrokinetic device as part of +CityxChange project

Irish company GKinetic Energy has showcased one of its 12kW hydrokinetic devices in the heart of Limerick city as part of the €30 million +CityxChange project.

about 2 years ago
Illustration; Source: Bumi Armada
Business & Finance

With two oil & gas discoveries in hand, Bumi Armada set to provide FPSO and FLNG or gas pipeline for Indonesian project

Bumi Armada, and Pexco Tarakan have inked a production sharing contract (PSC) for an exploration block in the Tarakan Basin.

about 2 years ago
Subsea work extension keeps Maersk Supply Service in Angola
Business & Finance

Subsea work extension keeps Maersk Supply Service in Angola

Maersk Supply Service has secured a contract extension under which it will continue supporting subsea operations offshore Angola for an additional 15 months. The Danish company reported on September 25 that a customer had extended the contract for the 2017-built subsea support vessel Maersk Involver

about 2 years ago
BlueNord
Authorities & Government

Norwegian firm pulls out of mini oil & gas licensing round in North Sea

BlueNord has dropped out of a mini oil and gas licensing round for exploration and extraction in a defined area in the Danish North Sea.

about 2 years ago
Knutsen takes delivery of new LNG carrier for charter with Shell
Vessels

Knutsen takes delivery of new LNG carrier for charter with Shell

Norwegian shipping company Knutsen has taken delivery of a newbuild liquefied natural gas (LNG) carrier from South Korean shipbuilding company Hyundai Samho Heavy Industries (HSHI).

about 2 years ago
Uranus rig carried out Trillion's 2022 – 2023 drilling campaign at SASB; Source: Trillion Energy
Business & Finance

Several wells on drilling agenda in 2024 for giant Black Sea gas field

Trillion Energy has unveiled plans for the rest of 2023 along with its 2024 multi-well drilling program at a gas field in the Black Sea.

about 2 years ago
Seafarers
Authorities & Government

Seafarers’ unions strike deal for a 6 pct pay hike

Seafarers’ unions and maritime employers have signed a four-year agreement that will see significant wage increases and dozens of workplace protections and improvements for over 250,000 seafarers’ serving on more than 10,000 vessels. The International Bargaining Forum (IBF), the forum that negotiate

about 2 years ago
QED Naval’s SubHub platform being towed to site in Langstone Harbour (Courtesy of QED Naval)
Authorities & Government

Interview: To help boost confidence and give clear direction for tidal energy, UK government should set 1GW target for 2035

Jeremy Smith, CEO of QED Naval and its Welsh subsidiary Mor Energy, talked with Offshore Energy about the funding it received in the latest UK government’s contracts for difference auction, the Subhub tidal energy technology, the issues the sector is facing in the UK and what can be done to accelera

about 2 years ago
Ammonia
Business Developments & Projects

MAN ES unleashes a wave of innovation with 37 ammonia tech patent applications

German engine manufacturer MAN Energy Solutions has filed an impressive 37 patent applications as part of its research and development process for an ammonia-powered marine engine. The company has so far completed 71,000 R&D man hours, equalling 48 R&D man years. Investigating the combustibility of

about 2 years ago
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