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Cote d’Ivoire next on the list for Shearwater GeoServices
Business & Finance

Cote d’Ivoire next on the list for Shearwater GeoServices

Norway-headquartered Shearwater GeoServices has secured a contract to deliver a 4D geophysical monitor survey in Cote d’Ivoire. The project will be conducted by the 113-meter-long seismic acquisition vessel SW Empress over a period of approximately two months beginning this May. According to Shearwa

about 3 years ago
Wartsila to design and equip PSA Marine's LNG-fueled tug
Business & Finance

PSA Marine acquires 45 pct stake in Meyer’s Tugs

PSA Marine, through its wholly-owned subsidiary PSA Marine Americas, completed the acquisition of 45% stake in Meyer’s Tugs S.A. from Inversiones Maritimas CPT S.A., a wholly-owned subsidiary of CPT Empresas Maritimas S.A. “CPT and PSA Marine share a passionate belief of growing the towage service o

about 3 years ago
Danfoss to power Hong Kong’s two hybrid-electric ferries
Business Developments & Projects

Danfoss to power Hong Kong’s two hybrid-electric ferries

Danfoss Power Solutions’ Editron division has signed a contract with Cheoy Lee Shipyard to deliver the hybrid-electric marine drivetrain system powering two new hybrid-electric ferries.

about 3 years ago
FPSO Prosperity; Source: Keppel Offshore & Marine
Business & Finance

SBM Offshore inks new deal with ExxonMobil for Guyana FPSO fleet

SBM Offshore has signed a long-term operation and maintenance enabling agreement for its Guyana FPSO fleet with ExxonMobil.

about 3 years ago
Damen
Green Marine

Damen wins three, delivers two tugboats to Fairplay Towage

Damen Shipyards Group has delivered two RSD Tugs 2513 to the Hamburg-based tugboat operator Fairplay Towage Group. The vessels will operate in Germany and Poland, respectively. Fairplay has also signed a further contract which will see Damen delivering an additional three tugs to its client; two mor

about 3 years ago
RINA, WMU pen MoU for leadership and innovation
Collaboration

RINA, WMU pen MoU for leadership and innovation

Italian classification society RINA has signed a Memorandum of Understanding (MoU) with the World Maritime University (WMU) aimed at promoting academic, technical, and educational exchange between the two institutions. The goal of the MoU is to inspire leadership and innovation for a sustainable mar

about 3 years ago
tanker
Business Developments & Projects

Dynacom goes big, orders 10 LR2 tankers from DSIC

Greek shipowner Dynacom Tankers Management has reportedly ordered ten 115,000 dwt Long-Range 2 tankers at China’s Dalian Shipbuilding Industry (DSIC). The LR2 tankers will begin to deliver in the second half of 2025 and continue throughout 2026, Clarksons Shipbrokers said in a weekly report. Broker

about 3 years ago
HMD
Business Developments & Projects

Purus Marine orders ammonia-ready LPG quartet at Hyundai Mipo

Purus Marine, a rapidly expanding UK-based shipping company, has placed an order for four new LPG carriers with a capacity of 45,000 cubic meters each. The vessels will be equipped with scrubber technology and built by Hyundai Mipo in South Korea, with delivery expected from the second half of 2025

about 3 years ago
Browse to North West Shelf Project development concept; Source: Woodside
Business & Finance

Shell exiting Australia’s ‘largest untapped conventional gas resource’ project as BP boosts its stake

BP is in the process of enlarging its interest in a natural gas project offshore Australia while Shell is heading for the exit.

about 3 years ago
Illustration; Source: EIA
Authorities & Government

U.S. natural gas withdrawals reach lowest level in seven years

The U.S. Energy Information Administration (EIA) says less natural gas was withdrawn from storage this winter than in the last seven.

about 3 years ago
UK firm strengthens rental fleet with Webtool cutter duo
Business & Finance

UK firm strengthens rental fleet with Webtool cutter duo

UK-headquartered Subsea Technology & Rentals (STR) has strengthened its rental fleet with the addition of two high-performance Webtool cutters. The HCV275 and RCV160 cutters can be deployed at subsea level, either mounted, operated by a remotely operated vehicle (ROV), or onboard a vessel for planne

about 3 years ago
Illustration; Credit: Morten Berentsen/NPD
Authorities & Government

Norway sees ‘considerable potential’ for further oil & gas exploration in Barents Sea

The Norwegian government believes that the Barents Sea contains more undiscovered hydrocarbons, thus, more exploration is encouraged.

about 3 years ago
DNV joins study on methanol bunkering for Singapore
Business Developments & Projects

DNV joins study on methanol bunkering for Singapore

Classification society DNV has joined a working group that aims to develop a technical reference (TR) for methanol bunkering for Singapore, the world’s largest bunkering hub. DNV announced at Singapore Maritime Week that it joined the multi-stakeholder working group on methanol bunkering, managed by

about 3 years ago
Another Solstad vessel makes 'considerable' fuel and emission cuts
Business & Finance

Another Solstad vessel makes ‘considerable’ fuel and emission cuts

Solstad Offshore’s construction vessel has managed to save “considerable amounts” of fuel and reduce emissions on its way home from a project in West Africa, the Norwegian company reported. The 157-meter-long Normand Vision managed to save 150 tons of fuel on the transit, Solstad said, adding that i

about 3 years ago
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