South Korea’s shipbuilding prowess has once again taken the spotlight as it recaptured the top spot in global shipbuilding orders after a five-month hiatus. South Korean shipyards secured 44 percent of the global total of 3.33 million compensated gross tons (CGTs), accounting for orders totaling 1.4
Shanghai-based Wison Offshore & Marine has completed the final assembly of what it claims to be the world’s largest self-supporting prismatic shape IMO type B tank (SPB) for storing LNG. The company announced the milestone via social media on 11 August. As disclosed, the assembly was completed at Wi
China Merchants Jinling Shipyard has kicked off construction of wind and methanol-powered 15,000 dwt hybrid tankers ordered by Swedish shipping company Terntank. As disclosed, the first steel cut of the three hybrid tankers took place at the Chinese shipyard on 10 June. Ordered in November 2022, the
Saipem is on a roll, as it lined up its second batch of contracts in two days and its third one since the start of this month.
Dry bulk owner and operator Norvic Shipping welcomed into the fleet an energy-efficient Ultramax vessel Norvic Copenhagen from Imabari Shipyard during a recent handover ceremony in Japan. The vessel was taken on charter from Japanese shipowner Fujimaru Kaiun earlier this year as the organization con
OX2 and Finland’s Ålandsbanken Fondbolag have completed underwater nature field surveys of two of its Noatun offshore wind projects near Åland in the Baltic Sea. The project team said it has used innovative methods to explore the underwater environment where the Noatun Norra (Noatun North) and Noatu
Noble reached a new milestone in the fleetwide rollout of Energy Efficiency Insights (EEI), which is now available on 20 rigs in its fleet.
Scottish marine energy company QED Naval has established an operations base on the UK’s South Coast with the aim of pursuing tidal resources in the area. QED, as part of its EU Interreg Tiger Project, established an operations base at Langstone Harbour, near Portsmouth, to tap into what it says are
As the race to decarbonize the industry continues it’s becoming more and more evident that green fuels are essential for the much-needed energy transition and will surely play a pivotal role in the road towards net zero. Green methanol is rapidly emerging as a transformative marine fuel, leading the
Chevron U.S.A. Inc., a subsidiary of Chevron, and technology provider Cummins have signed a memorandum of understanding (MoU) to advance their collaboration on hydrogen, natural gas, and other lower-carbon fuel value chains. The MoU expands the two companies’ previous strategic collaboration on hydr
Jadestone Energy has found the location of a small defect after it temporarily shut in production from an FPSO off Australia.
Dutch shipping company Spliethoff has welcomed into the fleet m.v. Bloemgracht, its second newbuild DP2 multipurpose vessel, from China’s Fuzhou Mawei shipyard. “We are happy to announce that m.v. Bloemgracht has been delivered from Fuzhou Mawei shipyard to Spliethoff Group today, 11 August 2023 at
Argeo Robotics has secured a new patent from the Norwegian Industrial Patent Office (Patentstyret), this time for a subsea electromagnetic remote-sensing system for detecting buried objects below the seafloor. The patent protects Argeo’s exclusive services with the Argeo Whisper system for detecting
First liquefaction modules for Plaquemines LNG, an LNG export facility being built by Venture Global LNG in Plaquemines Parish, Louisiana, have arrived at the construction site. On 10 August, Venture Global posted a short social media update, sharing this construction milestone. Earlier this year, t
