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Shell
Authorities & Government

Another crack at lawsuit against Shell board on the cards over ‘failing to move away from fossil fuels fast enough’

After the lawsuit against Shell’s board of directors was thrown out of court recently, ClientEarth hopes to turn things around at a hearing.

about 3 years ago
MSC Zoe
Business Developments & Projects

WSC reports the lowest container losses on record

The number of containers lost overboard in 2022 is 661, the World Shipping Council (WSC) said in its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. As explained, this represents the lowest losses in % sin

about 3 years ago
Haiyou Guanlan deepwater floating wind turbine in port before being towed to Wenchang oilfield
Business Developments & Projects

China connects deepwater floating wind platform to Wenchang oilfield

China National Offshore Oil Corporation (CNOOC) has grid-connected its Haiyou Guanlan deepwater floating wind turbine and integrated it into the power grid of the Wenchang oilfield. Earlier this month, CNOOC announced the 5-kilometre dynamic subsea cable was installed, which set up the transmission

about 3 years ago
Svitzer
Green Marine

Single-fuel or dual-fuel methanol engines for tugs?

Single-fuel methanol engines may hold the key to a greener future for tugs, marine propulsion systems manufacturer Rolls-Royce Power Solutions (RRPS) and Maersk’s towage operator Svitzer said in a joint paper. The main driver behind the development of dual-fuel engines is fuel flexibility, allowing

about 3 years ago
Eagle Bulk Shipping
Green Marine

Update: Kidnapped seafarers from Eagle Bulk’s vessel freed

The three seafarers who were kidnapped in early May from Grebe Bulker, a bulker vessel managed by Eagle Bulk Ship Management Singapore, have been rescued, the company confirmed. The vessel was boarded by pirates whilst in the inner anchorage of the Port of Owendo, Gabon, on May 2, 2023 after arrivin

about 3 years ago
Development of world’s largest carbon-free green hydrogen plant in full swing
Business & Finance

Development of world’s largest carbon-free green hydrogen plant in full swing

NEOM Green Hydrogen Company (NGHC), a joint venture created by ACWA Power, Air Products and NEOM, has achieved financial close on the mega green hydrogen production facility in Saudi Arabia at a total investment value of $8.4 billion. The financial close was reached following the signing of financia

about 3 years ago
Illustration/Offshore floating solar system by Oceans of Energy, one of the companies supported by Ocean DEMO calls (Courtesy of Oceans of Energy)
Business Developments & Projects

DMEC launches innovation challenge for offshore test support

Dutch Marine Energy Centre (DMEC) has opened an innovation challenge for technology developers seeking support for their offshore test campaigns.

about 3 years ago
Four firms net EPCI subsea contract for giant Black Sea natural gas project
Business & Finance

Four firms win EPCI subsea contract for giant Black Sea gas project

Turkish Petroleum has awarded a contract for subsurface solutions for the second phase of what is said to be one of Türkiye’s largest energy projects ever built to four companies. Subsea 7 confirmed the award of the “major” contract by Turkish Petroleum for the second phase of the Sakarya field deve

about 3 years ago
Hudong-Zhonghua Shipbuilding. MSC Gemma
Green Marine

MSC takes delivery of another sea behemoth, expanding the elite club of world’s largest ships

Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel, MSC Gemma. The colossal containership was officially handed over to ICBC Financial Leasing Co., Ltd.,

about 3 years ago
Mitsubishi Shipbuilding, Nihon Shipyard to explore development of LCO2 carrier
Vessels

Mitsubishi Shipbuilding, Nihon Shipyard to explore development of LCO2 carrier

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nihon Shipyard Co., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co. and Japan Marine United Corporation, have started a joint study for the development of an ocean-going liquified C

about 3 years ago
KSOE bags $311 million deal for boxship quintet
Vessels

KSOE bags $311 million deal for boxship quintet

South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has been awarded a contract for the construction of five containerships for an undisclosed shipown

about 3 years ago
INTERCARGO hits membership milestone
News

INTERCARGO hits membership milestone

The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membership milestone, and the association now represents 32% of the global dry bulk fleet dwt. INTERCARGO has within its global fleet more than 3,200 bulkers registered by over 155 dry bulk owners/managers/ope

about 3 years ago
The Uldolmok Tidal Power Station (Courtesy of IEA-OES/Photo by KIOST)
Business Developments & Projects

Tidal energy pilot in Korea completes two years of clean power generation

The Uldolmok Tidal Power Station in South Korea has completed two years of electricity generation, exploiting the tides of the Myeongnyang Strait at Jindo Island.

about 3 years ago
Gasum terminates natural gas supply contract with Gazprom Export while long-term LNG deal remains in place
Business & Finance

Gasum terminates natural gas supply contract with Gazprom Export while long-term LNG deal remains in place

Nordic energy company Gasum has terminated the long-term natural gas supply contract with Russia’s Gazprom Export while the long-term LNG supply contract between the two companies remains in place. On 22 May 2023, Gasum announced its decision to terminate the natural gas supply contract following Ga

about 3 years ago
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