Captura, a carbon removal company founded at Caltech, has partnered with AltaSea at the Port of Los Angeles to install its newest ocean carbon removal system.
TenneT has awarded NKT, Nexans, and a consortium of Jan De Nul, LS Cable, and Denys with contracts to install 525 kV HVDC cable systems for ten offshore wind projects in the Netherlands and Germany. The total volume of the contracts for the production and installation of the ten cable systems amount
Saipem has been given the go-ahead to proceed with the final phase of ExxonMobil’s recently sanctioned $12.7 billion oil project off Guyana.
There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in
Noble has won new contracts and extensions for multiple rigs in Guyana, Colombia, the U.S. Gulf of Mexico, and offshore Sarawak, Malaysia.
Three seafarers have been reported missing from Grebe Bulker, a bulker vessel managed by Eagle Bulk Ship Management Singapore. The vessel is believed to have been boarded by pirates whilst in the inner anchorage of the Port of Owendo, Gabon, on May 2, 2023. The crew members were reported missing at
Panama-flagged oil tanker Niovi was seized by Iran’s Islamic Revolutionary Guard Corps Navy (IRGCN) while transiting the Strait of Hormuz on May 3, the U.S. Navy said. The 309,300 dwt VLCC, built in 2005, is owned by Liberia-based Grand Financing Co, on behalf of Greek Altomare, and managed by Smart
SAAM, a company providing port, logistics and towage services in the Americas, concluded the purchase of 21 tugboats from the Brazilian company Starnav. Starnav’s fleet includes 19 tugs currently in operation and two additional vessels in the final phase of construction. “This is one of the largest
Japanese shipowner Nissen Kaiun has placed a new order for eight tankers, each with a capacity of 50,000 deadweight tons (dwt), according to a recent report from Intermodal. The vessels will be fully compliant with Tier III and EEDI Phase 3 regulations, which sets strict limits on carbon emissions a
Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down
A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships to reduce their emissions and fuel consumption has got underway.
Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte
Norwegian oilfield software specialist FutureOn has secured a multi-year contract with Petrobras to license its digital design and decision-making platform FieldTwin.
Installation of the inter-array cables started on the 589 MW Changfang & Xidao (CFXD) offshore wind farms in Taiwan, according to an update shared on social media by Dennis Sanou, CEO of the Changfang & Xidao Projects at Copenhagen Offshore Partners. According to the AIS data, Seaway 7’s cable-layin
