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Höegh LNG Aker bp
Business & Finance

Höegh LNG, Aker BP forge alliance on CO2 transportation and storage

Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has entered into a strategic partnership with oil major Aker BP to develop a fully comprehensive carbon capture and storage (CCS) offering for industrial CO2 emitters in Northern Europe. Under the agreement, the two companies plan to c

about 3 years ago
Malta months away from first offshore wind tender, deems floating wind and solar best suited for EEZ areas
Authorities & Government

Malta months away from first offshore wind tender, deems floating wind and solar best suited for EEZ areas

Malta’s Ministry for the Environment, Energy and Enterprise has issued a draft National Policy for the Deployment of Offshore Renewable Energy for public consultation and has demarcated six floating offshore wind development areas located beyond the country’s 12-nautical-mile territorial waters and

about 3 years ago
CSM and Seacon pen management deal for LPG, LNG and product tankers
Vessels

CSM and Seacon pen management deal for LPG, LNG and product tankers

Columbia Shipmanagement (CSM), a member of Columbia Group, has signed a strategic cooperation agreement with Hong Kong-listed shipowner and operator Seacon Shipping Group that will see the firm’s Chinese-owned and operated vessels managed as clients out of CSM’s Greece office.

about 3 years ago
Illustration; Source: North Sea Transition Authority
Authorities & Government

Will UK pull out of energy treaty now or wait to see if low-carbon and green provisions will be woven into its fabric?

The UK is set on reviewing its Energy Charter Treaty membership, which will enable it to consider withdrawal as an outcome of the review.

11 minutes read
MHI secures FEED contract for hydrogen fluoride plant in Kitakyushu City
Business Developments & Projects

MHI secures FEED contract for hydrogen fluoride plant in Kitakyushu City

Japan’s Mitsubishi Heavy Industries (MHI) has received an order for the front-end engineering and design (FEED) of a hydrogen fluoride production plant, including utility facilities, in Hibikinada Oceanfront Industrial Park in Kitakyushu City, Fukuoka Prefecture. The order came from Mexichem Fluor J

about 3 years ago
Video: Teekay’s Arctic LNG tanker transiting the Northern Sea Route
Authorities & Government

Gibson: Russia targeting year-round sailing in Northern Sea Route as early as 2025

Voyages through the Northern Sea Route (NSR) have long been on the radar, but recent developments indicate that Russia is now aiming to establish year-round sailing on this strategic maritime pathway as early as 2025, Gibson Shipbrokers said in a recent report. This ambitious goal comes as Russia se

about 3 years ago
More than $100 million in two new contracts for Oceaneering
Business & Finance

More than $100 million in two new contracts for Oceaneering

Oceaneering International’s Offshore Projects Group (OPG) segment has secured two international contracts that have a combined total value of over $100 million. Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project in A

about 3 years ago
ExoTechnologies and RONN team up on hydrogen propulsion
Business Developments & Projects

ExoTechnologies and RONN team up on hydrogen propulsion

The Isle of Man-based ExoTechnologies, the owner of Glasgow boat builder Ultimate Boats, and Arizona-based hydrogen car and truck maker RONN have entered a hydrogen propulsion partnership. The companies, which signed a Letter of Intent (LoI), are expected to develop clean hydrogen electric propulsio

about 3 years ago
Emanuele Grimaldi; Image credit: Grimaldi
Business Developments & Projects

Grimaldi’s 2nd CO2-slashing multipurpose vessel delivered

The Grimaldi Group has taken delivery of its second con-ro multipurpose ship of the G5 class named the Great Lagos. The G5-class vessel was built by Hyundai Mipo Dockyard Co. Ltd. in Ulsan, South Korea. It is able to transport 4,700 linear metres of rolling freight, 2,500 Car Equivalent Units (CEU)

about 3 years ago
AIDA Cruises, Port of Hamburg ink LTA to support sustainability
Ports & Logistics

AIDA Cruises, Port of Hamburg ink LTA to support sustainability

Hamburg Port Authority (HPA) and AIDA Cruises have signed a long-term agreement (LTA) to strengthen Hamburg as a cruise location.

about 3 years ago
World's first methanol-powered boxship (Courtesy of A.P. Moller-Maersk)
Business & Finance

In focus: Backed with government and private funding, offshore energy and shipping industries go full steam ahead towards net-zero future

Europe and the United States have set in place a number of funding programs designed to boost and accelerate the development of a very diverse ‘clean energy sector’, which is being backed by significant initiatives from the major players coming from the more established maritime and oil and gas indu

about 3 years ago
COSCO Shipping energy DSIC
Business & Finance

Sinopec and Cosco Shipping order three 175,000 cbm LNG carriers at Dalian

Chinese powerhouses Cosco Shipping Energy and Sinopec Kantons Holdings, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), have signed an order for the construction of three 175,000 cbm liquified natural gas carriers with the compatriot shipbuilder Dalian Shipbuilding Industry Co. Det

about 3 years ago
Thialf crane vessel; Source: Heerema Marine Contractors
Business & Finance

Port of Blyth’s largest oil & gas decom gig underway for three North Sea platforms

Port of Blyth is embarking on its largest oil and gas decommissioning project to date, covering several topsides and jackets from three North Sea platforms

about 3 years ago
Northern Lights places order for 3rd LNG-fuelled, wind-assisted LCO2 carrier
Vessels

Northern Lights places order for 3rd LNG-fuelled, wind-assisted LCO2 carrier

Northern Lights, a joint venture (JV) of energy majors Shell, Equinor, and TotalEnergies, has placed an order for the third LNG-powered, wind-assisted CO2 carrier at China’s Dalian Shipbuilding Offshore Co. (DSOC).

about 3 years ago
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