Dubai-based port operator DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year. The company currently manages approximately 9% of the world’s handling capacity, putting it among the top five global port operator
Advanced Ionics, a developer of hydrogen electrolyzers, has closed a $12.5 million series A financing led by energy major BP Ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries (MHI) and GVP Climate. The new capital is expected to help catalyze Advanced I
Maritime fuel supplier Peninsula has concluded its first biofuel deal for Japanese shipping company Kawasaki Kisen Kaisha (K Line). On 11 August, Peninsula arranged the delivery of 700 tons of UCOME-based B24 marine biofuel to K Line’s oceangoing bulk carrier M/V Cape Amal in Hong Kong through local
Diamond Offshore has made progress on its sustainability quest to curb its GHG emissions while working to meet global energy demand.
Just shortly after news that the North Sea Transition Authority (NSTA) awarded a license for a carbon capture and storage (CCS) project to Perenco UK and Carbon Catalyst as part of its first competitive carbon storage license round, Wintershall Dea announced it had won one as well. Wintershall Dea’s
APM Terminals Pipavav (GPPL – Gujarat Pipavav Port) commenced very large gas carrier (VLGC) operations with the maiden berthing of MT Jag Viraat, owned by Great Eastern Shipping, earlier this month. The VLGC vessel MT Jag Viraat loaded cargo from Ruwais, ADNOC Refinery Jetty, and discharged 21,907 M
Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has started the construction of the first Qatar-bound LNG carrier for K3 Consortium comprising H-Line Shipping, Pan Ocean, and SK Shipping. To mark the start of the construction, the shipbuilder held a steel-cutting cer
Significant progress is being made to create a multi-purpose and future energy-ready port in Pembrokeshire as part of redevelopment plans that will enable greater flexibility for developers and marine businesses looking to test new marine energy devices and launch and recover vessels.
COSCO Shipping Special Carriers has welcomed into the fleet its second 68,000-ton ice-class multi-purpose pulp ship, named Green Kotka. The methanol-ready ship was built by Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. The Green Kotka is designed to navigate polar regions efficiently
An inspection program of the Balgzand-Bacton Pipeline (BBL) between the Netherlands and the UK is set to be carried out next month after the completion of previously announced maintenance. As announced, BBL Company’s annual planned maintenance period of the BBL facilities will take place during six
U.S.-based Commonwealth LNG has closed an investment of development capital from private funds managed by Kimmeridge Energy Management Company, boosting the development of its LNG export project in Louisiana, U.S. The investment is said to complete the development funding required for Commonwealth L
Aker BP is progressing with the development of its recently greenlighted project on the Norwegian Continental Shelf (NCS) with the cutting of the first steel for an approximately 1,000-ton module to be built at Nymo.
Canada’s HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC, has welcomed the second emissions-free battery electric tug built by Sanmar Shipyards in Türkiye. The tug named HaiSea Wee’git is joining its sister vessel HaiSea Wamis, which was delivered e
The North Sea Transition Authority (NSTA) has awarded a license for a carbon capture and storage (CCS) project encompassing the “UK’s largest depleted gas field” in its first competitive carbon storage license round. The NSTA has awarded Perenco UK and Carbon Catalyst with a license to progress thei
