Singapore-based Ocean Network Express (ONE) has decided to install two containerized wind assist units on one of their operated container feeder ships before the end of 2023. The 143m, 1036 TEU capacity Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the N
London-based independent E&P company Panoro Energy has received all necessary approvals allowing for the completion of its farm-in to the Kosmos Energy-operated Block S offshore Equatorial Guinea. Panoro has acquired a 6 per cent participating interest in Block S from each of Kosmos Energy and Tride
Malaysian shipping company MISC Berhad (MISC) has entered into a $527 million sustainability-linked loan for the financing of six very large ethane carriers (VLECs). MISC said that the loan was signed through the company’s Singapore-based subsidiaries and that Standard Chartered acted as structuring
Transocean has tucked under its belt new contracts and extensions in Norway and Australia for four rigs in its drilling fleet, raising its total contract backlog to $8.6 billion.
Following ZIM Sammy Ofer, two additional 15,000 TEU LNG-powered containerships that will join the chartered fleet of Israeli shipping company ZIM Integrated Shipping Services under the agreement with Seaspan Corporation have been named in South Korea. According to ZIM’s social media update, the nami
German liner company Hapag-Lloyd has completed its acquisition of 40% shareholding in J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority. The acquisition deal was inked in January 2023 when Hapag-Lloyd had made an agreement with an affiliate of Bain Ca
South Korean shipping major HMM plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships along with Samsung Heavy Industries (SHI) and PANASIA in the second half of this year. OCCS is an advanced technology to capture CO2 from greenhouse gas emissions generated duri
Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
Marine Renewables Canada and the UK Marine Energy Council have entered into an agreement to share knowledge and support development of the marine renewable energy industry.
DNV has launched Emissions Connect, an emissions data verification engine and data management platform, designed to help the maritime industry accurately assess and work with emissions data. “Reducing emissions and reporting on progress is becoming increasingly important for the maritime industry an
The Danish Energy Agency (DEA) has invited bids to build and operate Power-to-X projects with a deadline for applications set to 1 September. Through the tender – the first of this kind in both Denmark and the world – the country has made available DKK 1.25 billion (approximately €167.7 million) in
Kongsberg has established a separate business area for its robotics and sensor technology called Kongsberg Discovery, designed to map and monitor ocean space. Sensors and Robotics, previously a division under Kongsberg Maritime, is now being separated and established as a separate business area. “Su
Oriana Power has completed the installation of 1MWp floating solar power plant in northern India, which is said to be the first of its kind in the state of Rajasthan.
Maritime fuel supplier Peninsula has welcomed into the fleet Hercules Sky, a modern oil chemical tanker. With a tank capacity of 9000cbm and a pump rate above 500cbm/hr, the 2021-built Hercules Sky is a modern barge that will strengthen Peninsula’s physical operations in the Gibraltar Strait. The Pa
