After 23 years as Chief Executive Officer, Niels G. Stolt-Nielsen will step down from his role as CEO of Stolt-Nielsen, a Norwegian company specializing in chemical and bulk liquid transportation and storage, on September 1, 2023. He will be succeeded as CEO by Udo Lange and will assume the role of
Norwegian offshore safety regulator has carried out an audit of Transocean Services and its processes for following up certification and recertification of drilling blowout preventers (BOPs) with control functions.
In its Q2 2023 report, Golar LNG, owner and operator of LNG midstream infrastructure, has announced growth in its FLNG business. The company revealed that conversion works on FLNG Gimi are 97% complete, with the floater scheduled to leave the yard in September 2023. Final checks, storing up and sea
Professor Ron Loveland, Energy Advisor to the Welsh government, has shared his expert opinion on the future of marine energy sector in Wales.
TDI-Brooks has added a new 75-meter-long research vessel to its fleet that is set to perform subsea services once it completes a retrofit program. Nautilus, formerly Nautical Geo, offers offshore assistance with subsea services, construction aid, exploration, production, remotely operated vehicle (R
New Zealand’s coatings developer Propspeed® has won a type approval from Bureau Veritas for its Propspeed foul-release coating system. The type approval follows a comprehensive round of third-party testing proving that the system conforms to the technical standards established by regulatory bodies.
South Korea’s flagship carrier HMM has signed a new shipbuilding order with China State Shipbuilding Corporation’s subsidiary Huangpu Wenchong for four 38,000-ton multi-purpose heavy-lift ships. Designed by the Shanghai Merchant Ship Design and Research Institute (SDARI), the vessels will be equippe
Equinor has secured a drilling permit from the country’s authorities for two wells in the Norwegian Sea.
The container shipping industry is grappling with a complex challenge – an overcapacity crisis. The surge in new containerships ordered during the pandemic, coupled with supply chain normalization at major ports and inland regions, has led to a flood of capacity that is profoundly disrupting the equ
Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU in 2023, beating the previous record by 0.2 million TEU, data from BIMCO shows. As recycling of ships has remained low, the fleet capacity has grown 4.3% since January. The contra
Greek shipowner and operator Eruoseas has taken delivery of its second eco newbuild, M/V Terataki, from Hyundai Mipo Dockyard Co. in South Korea. The M/V Terataki, classified as a 2,800 TEU feeder containership, is compliant with the Energy Efficiency Existing Ship Index (EEDI) Phase 3 standards on
Swiss marine fuel supplier Minerva Bunkering has expanded its Saudi Arabia Red Sea operations to serve vessels calling King Abdullah Port, having now performed the first bunker delivery ever conducted in the port.
Thyssenkrupp Uhde, a Germany-based subsidiary of Thyssenkrupp that specializes in chemical engineering, has been engaged by Ark Energy, an Australian renewable energy company, on behalf of the Han-Ho H2 consortium, to deliver a feasibility study to support the development of the Han-Ho H2 hub projec
The Edinburgh-based tidal energy company Sustainable Marine Energy has been placed into administration, appointing joint administrators of accountancy and business advisory firm Johnston Carmichael to lead the process.
