French LNG containment specialist GTT has received its first order from its new partner the Chinese shipyard China Merchants Heavy Industry-Jiangsu for the tank design of four new liquefied natural gas carriers (LNGCs), on behalf of a European ship-owner. GTT will design the tanks of the four vessel
Danish engineering company EIVA has launched a new remotely operated towed vehicle (ROTV) tailored for autonomous unmanned surface vehicle (USV) systems. The ViperFish ROTV is an all-in-one sensor platform for high-resolution data collection by USV, which is said to be able to survey hard-to-reach a
The European Parliament formally approved on Tuesday the new EU Emissions Trading System (ETS) law, earmarking around EUR 2 billion of the revenues of the Innovation Fund for the maritime sector. European Community Shipowners Association (ECSA) welcomed the move, saying that the deal will mark a tur
Hyundai Mipo Dockyard Co., one of HD Korea Shipbuilding & Offshore Engineering’s three affiliates, has secured an order worth KRW 120.6 billion ($92.8 million) to construct two product carriers for an unnamed Asian shipping company. The product carriers are set to be delivered to the undisclosed shi
Shell has completed the restart of operations at a field in the UK North Sea, after ensuring gas will be produced along with oil.
The preparations for the launch of the offshore Hong Kong LNG terminal have entered its final stage following the completion of checks and clearance procedures for the floating storage and regasification unit (FSRU) which arrived in Hong Kong on 13 April. Power companies CLP Power Hong Kong Limited
Swedish-Israeli wave energy company Eco Wave Power has set out plans to open a subsidiary in the United States, under the name Eco Wave Power US.
Shandong Shipping, the third largest shipowner in China, has made a major investment in newbuild vessels by ordering twelve 82,000 dwt Kamsarmaxes at Jiangsu New Hantong Ship Heavy Industry. The deal marks the largest newbuild order ever made by Shandong Shipping. The company said that it has signed
The global fleet of the world’s largest containerships has expanded once again, with the addition of another 24K TEU vessel, MSC Loreto. The vessel was built by Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding Group for China’s Bank of Communications Financial Leasing (Bocomm Leas
The CMA CGM Group has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics. CMA CGM said that the negotiations were in line with its long-term strategy, based on the two pillars of shipping and logistics If a deal is reached, the a
Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 mill
Thirteen Filipino seafarers have made it home after more than five months aboard an abandoned livestock carrier ship, the Yangtze Harmony, following an intervention from the International Transport Workers’ Federation (ITF). The ship’s owners abandoned the vessel and its crew after the ship was ar
An international tender for a pre-feasibility study for the Nordic-Baltic Hydrogen Corridor, a cross-border hydrogen project being developed by six European Union (EU) countries, has been launched. Lithuanian gas transmission system operator (TSOs) Amber Grid launched the tender on behalf of its pro
Singapore-based offshore wind vessel owner and operator, Marco Polo Marine, has signed a memorandum of understanding (MoU) with Amogy, under which the New York company’s ammonia-to-power systems will be installed on Marco Polo Marine’s offshore wind vessels. The system will be installed on Marco Pol
