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FPSO Montara Venture; Source: Jadestone Energy
Business & Finance

Australian FPSO comes online but storage capacity ‘constrained’ with repairs ongoing

Jadestone Energy has restarted production from a floating production storage and offloading (FPSO) vessel in the Timor Sea offshore Australia.

about 3 years ago
ClassNK, Fukui ally on safety relief valve study for cargo tank of LH2 carriers
Business Developments & Projects

ClassNK, Fukui ally on safety relief valve study for cargo tank of LH2 carriers

Japan’s ClassNK and Fukui Seisakusho have signed a memorandum of understanding (MoU) concerning a joint study on a safety relief valve for a cargo tank of liquefied hydrogen (LH2) carriers. ClassNK said that, in order to ensure safety in the transport of liquefied hydrogen, the development of safety

about 3 years ago
Maersk methanol powered feeder
Business & Finance

Maersk’s methanol-powered feeder to transport Amazon’s goods

Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 m

about 3 years ago
FPSO Guanabara; Source: MODEC
Business & Finance

11 more FPSOs in Brazil’s pre-salt layer on Petrobras’ five-year agenda

Petrobras has unveiled plans to put 11 additional FPSO units into operation in the pre-salt layer offshore Brazil by 2027, which are anticipated to boost production, enabling it to reach 2.4 million boe.

about 3 years ago
VLAC
Business & Finance

Eastern Pacific pens deal for world’s largest ammonia carrier pair, orders up to 10 more ships from different yards

China’s shipbuilding major Jiangnan Shipbuilding has signed a contract with Singaporean shipping company Eastern Pacific Shipping for the construction of two 93,000 cbm liquid ammonia carriers. The design of the very large ammonia carriers (VLAC) has been derived from the shipbuilder’s fourth genera

about 3 years ago
World’s first floating cruise terminals unveiled
Innovation

World’s first floating cruise terminals unveiled

MEYER Floating Solutions, a division of German MEYER Group, has unveiled the world’s very first floating cruise terminals.

about 3 years ago
KR
Business Developments & Projects

SHI’s 200K cbm ultra-large ammonia carrier wins KR’s clearance

South Korean shipbuilder Samsung Heavy Industries (SHI) has received Approval in Principle (AiP) for a 200K cbm ultra-large ammonia carrier fuelled by ammonia. The AIP was awarded by Korean Register at Gastech 2023 currently underway in Singapore following a joint development project (JDP) between K

about 3 years ago
EPS inks several MoUs on development of ammonia dual-fuel vessels
Business Developments & Projects

EPS inks several MoUs on development of ammonia dual-fuel vessels

Singapore’s Eastern Pacific Shipping (EPS), German MAN Energy Solutions (MAN ES), South Korea’s HD Hyundai Heavy Industries (HHI) and yards from the China State Shipbuilding Corporation (CSSC) have announced a collaboration on the development of ammonia-burning engine that will be fitted to a new fl

about 3 years ago
OOCL Zeebrugge
Green Marine

5th eco 24K+TEU giant joins OOCL’s fleet

Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has welcomed another new mega containership into its fleet, OOCL Zeebrugge, the fifth eco-friendly 24,188 TEU vessel in a series of twelve. The vessel was named at a ceremony held at the Nantong COSCO KHI Ship Engineeri

about 3 years ago
US researchers developing autonomous robot for subsea oil & gas pipeline inspection
Business & Finance

US researchers developing autonomous robot for subsea oil & gas pipeline inspection

The University of Houston is developing an autonomous robot that will be able to identify potential pipeline leaks and structural failures during subsea inspections at oil & gas projects. The SmartTouch technology, being developed by researchers at UH, consists of remotely operated vehicles (ROVs) e

about 3 years ago
K Shipbuilding, KR and partners working on 12K cbm LCO2 carrier design
Project & Tenders

K Shipbuilding, KR and partners working on 12K cbm LCO2 carrier design

Korean Register (KR) has signed a Memorandum of Understanding (MoU) with K Shipbuilding, Sunbo Industries and Dongsung Finetec to jointly develop a 12,000 cbm liquefied CO2 (LCO2) carrier design.

about 3 years ago
Ronan Stephan, new chairman of France Energies Marines (Courtesy of France Energies Marines)
Business Developments & Projects

French institute for offshore renewables gets new chairman

France Energies Marines, the institute for energy transition dedicated to offshore renewable energies, has appointed Ronan Stephan as its new chairman.

about 3 years ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Business & Finance

TEAMER picks 10 marine energy research support recipients

The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 10 projects through its latest call to share $1 million in research support for their marine energy-related activities.

about 3 years ago
Kumiai Navigation
Business Developments & Projects

Kumiai Navigation to retrofit LPG tanker with air lubrication

Singapore-based shipowner Kumiai Navigation (PTE) has decided to retrofit one of its 54k DWT LPG tankers with Alfa Laval OceanGlide fluidic air lubrication technology as a way of cutting the ship’s energy consumption and meeting environmental regulations. With this order, Alfa Laval has added LPG ta

about 3 years ago
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