China State Shipbuilding Corporation’s Wuchang Shipbuilding has inked a construction contract for two stainless steel chemical tankers, each weighing 25,900 deadweight tons, with Xingtong Shipping Co., a prominent name in the chemical tanker domain in China. The agreement marks an initial partnershi
US Department of Energy’s largest multidisciplinary laboratory Oak Ridge National Laboratory (ORNL) and American manufacturing company Fairbanks Morse Defense (FMD) have signed a Memorandum of Understanding (MOU) to collaborate on the development and integration of alternative fuel technologies aime
Upwing Energy has tweaked its Enhanced Production Simulator (EPS) to enable operators to boost gas production by optimising well performance.
Florida-based marine company Crowley and the Port of San Diego broke ground for the shoreside charging station designed to provide clean energy for the company’s forth-coming zero-emissions tugboat, eWolf. The eWolf, under continuing construction at Master Boat Builders, is a crucial component of th
Offshore Renewable Energy (ORE) Catapult has laid out plans to carry out an in-depth survey of developers working in the tidal and wave energy sectors on behalf of Crown Estate Scotland.
Shelf Drilling has revealed higher revenue for 2Q 2023, compared to 1Q 2023, driven by higher day rates and effective fleet utilisation.
The global energy and commodity group, Mercuria, has partnered with maritime innovator ÈTA Shipping to establish a joint venture. This collaboration aims to build six initial electric short sea vessels, with an option for an additional ten ships. The construction of these vessels will be carried out
Methanol producer Proman and carbon-negative materials company Origin Materials have entered a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s fuels capabilities and expertise. Specifically, the two companies signed an agreement to
Crude oil tanker company DHT Holdings has completed the installation of three exhaust gas cleaning systems in the second quarter of 2023 and now all 23 very large crude carriers (VLCCs) in the company’s fleet are scrubber-fitted. Scrubbers, also known as exhaust gas cleaning systems, allow companies
Swiss renewable energy producer Axpo has inked a ten-year charter deal for a liqufied natural gas (LNG) bunkering vessel, which could also transport bio-LNG and ammonia.
The Netherlands Enterprise Agency (RVO) has awarded Arup B.V. the contract for the development of an integrated ground model (IGM) and a geotechnical interpretative report for the Nederwiek Zuid Wind Farm Zone (NWWFZ) in the Netherlands. The contract, with a value of around €1.5 million (excluding V
Finnish crane manufacturer Konecranes has won an order from CMA CGM Kaohsiung Terminal Co. Limited to supply 7 hybrid Konecranes Noell Rubber-Tired Gantry (RTG) cranes to their container handling terminal at the main port in Taiwan. The order is part of CMA CGM Group’s efforts to streamline their op
U.S. energy infrastructure company New Fortress Energy (NFE) has revealed its financial results and business achievements for the second quarter of 2023. The company reported adjusted EBITDA of $246 million in the second quarter of 2023 and $686 million in the first half of 2023, as well as net inco
Norwegian company Sunlit Sea has installed a 60kWp floating solar unit in Germany as part of the partnership with Rixen Cableway, formed to revolutionize water sports industry and to make it more sustainable.
