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Swedish shipowner orders eco-friendly mini bulker duo at Royal Bodewes
Business Developments & Projects

Swedish shipowner orders eco-friendly mini bulker duo at Royal Bodewes

Swedish shipowner and operator Ahlmark Lines AB and Dutch shipbuilder Royal Bodewes have signed an agreement to build two Royal Bodewes’ 5050 Eco Trader mini bulkers.

about 3 years ago
DSME LNG carrier
Business & Finance

Hanwha Ocean, formerly known as DSME, eyes $107 million in stock sale

Daewoo Shipbuilding & Marine Engineering, one of South Korea’s top three shipbuilders, plans to raise 141.3 billion won ($107.7 million) through a stock offering. The proceeds from this offering will primarily be used to pay off the company’s debts, according to regulatory filings. In the stock offe

about 3 years ago
C-Power’s SeaRAY AOPS (Courtesy of C-Power)
Business Developments & Projects

C-Power wraps up in-harbor trials of SeaRAY device

US-based marine energy company C-Power has completed in-harbor operational trials of the SeaRAY autonomous offshore power system (AOPS) ahead of its deployment offshore Hawaii.

about 3 years ago
Hydrogen Mobility Ireland reports on role of H2-derived e-fuels in maritime
Market Outlooks

Hydrogen Mobility Ireland reports on role of H2-derived e-fuels in maritime

Hydrogen Mobility Ireland (HMI), a group of Irish stakeholders looking to develop the use of hydrogen for transport in Ireland, has issued a report on how the development of a hydrogen ecosystem can facilitate the production of sustainable e-fuels for use in aviation and shipping transport. In the r

about 3 years ago
EU and South Korea launch Green Partnership
Authorities & Government

EU and South Korea launch Green Partnership

The European Union (EU) and South Korea have established a Green Partnership to strengthen bilateral cooperation and exchange best practices on climate action, clean and fair energy transition, protection of the environment and other fields of the green transition. The partnership was launched in Ko

about 3 years ago
Mitsubishi, Storm Group join forces on dual-fuel, methanol/diesel retrofit kit
Business Developments & Projects

Mitsubishi, Storm Group join forces on dual-fuel, methanol/diesel retrofit kit

Mitsubishi Turbocharger and Engine Europe B.V. (MTEE) and the Storm Group have signed a Letter Of Intent (LOI) to jointly develop a dual-fuel methanol/diesel retrofit kit for inland shipping.

about 3 years ago
Johan Sverdrup field in the North Sea; Source: Arne Reidar Mortensen/Equinor
Business & Finance

New milestone at giant North Sea oil field, as it reaches record-high production level

Equinor’s capacity test at the Johan Sverdrup field in the North Sea off Norway confirms the field can produce at an increased plateau.

about 3 years ago
BVS, Engie establish low-carbon advisory and risk management partnership
Certification & Classification

BVS, Engie establish low-carbon advisory and risk management partnership

French Bureau Veritas Solutions Marine & Offshore (BVS) and compatriot energy company Engie have formed a low-carbon advisory and risk management partnership for the shipping industry.

about 3 years ago
Borealis and IINO Lines ink charter deal for dual-fuel, wind-assisted VLGC
Vessels

Borealis and IINO Lines ink charter deal for dual-fuel, wind-assisted VLGC

Austrian chemical company Borealis and Japanese shipping company IINO Kaiun Kaisha, Ltd. (IINO Lines) have signed a charter agreement for a dual-fuel liquefied petroleum gas (LPG) vessel, Oceanus Aurora.

about 3 years ago
HaiSea Marine welcomes first electric tugboat for LNG Canada project
Business Developments & Projects

HaiSea Marine welcomes first electric tugboat for LNG Canada project

HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC, has taken delivery of the first of three emissions-free battery electric tugs that will operate at LNG Canada’s new export facility in Kitimat, British Columbia. The vessel named HaiSea Wamis was buil

about 3 years ago
FPSO Atlanta; Source: Yinson
Business & Finance

Enauta finds more oil in new reservoir section off Brazil

Brazilian oil and gas player Enauta has found oil in a new reservoir section at a well located on a field development offshore Brazil.

about 3 years ago
Draugen oil platform; Source: OKEA
Authorities & Government

OKEA tasked with tackling nonconformity at Norwegian Sea field

Norwegian regulator has carried out an audit of OKEA and its management of major accident risk and barriers at a field off Norway.

about 3 years ago
Ammonia fuel supply system
Innovation

Mitsubishi Shipbuilding delivers ammonia fuel supply system to J-ENG

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has delivered an ammonia fuel supply system for large, low-speed two-stroke marine engines to Japan Engine Corporation (J-ENG). Based in Akashi City, Hyogo Prefecture, J-ENG is actively testing ammonia fuel under diverse con

about 3 years ago
MOL, Asahi Kasei pushing forward with maritime digital transformation
Business Developments & Projects

MOL, Asahi Kasei pushing forward with maritime digital transformation

As part of its efforts to boost maritime digital transformation, Japanese shipping major MOL has revealed that it will be commercializing a new V-MO monitoring service.

about 3 years ago
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