COSCO Shipping Heavy Industry (Zhoushan) shipyard has wrapped up its first liquefied natural gas (LNG) dual-fuel bulk carrier desulphurisation conversion on the newbuild Mount Ararat. According to information provided by the VesselsValue, the 210,000 dwt LNG dual-fuel bulker carrier is owned by a Si
Alfa Laval, a Swedish-based supplier of products and solutions for heat transfer, separation and fluid handling, has joined the First Movers Coalition (FMC), a global initiative launched to boost decarbonisation efforts.
Westwood has advised buyers to be mindful of exploration farm-outs, after analysing the results of 419 high-impact exploration wells drilled outside the U.S. and Canada between 2017 and the end of October 2022.
As the world seeks to reduce its reliance on fossil fuels, battery-powered vessels are increasingly seen as a viable alternative to traditional diesel-powered ships. This shift is being driven by a range of factors, including advances in battery technology, the decreasing cost of batteries, and a gr
Victoria Shipyards, a subsidiary of Canadian Seaspan Shipyards, has completed the conversion of the diesel engine to run on liquefied natural gas (LNG) onboard TOTE Maritime’s roll-on/roll-off (RoRo) ship.
RWE is performing a benthic survey off the northeast coast of the UK, where the company plans to build its 3 GW Dogger Bank South (DBS) Offshore Wind Farm. According to a Notice to Mariners from the project, the developer has contracted Ocean Ecology to carry out the seabed habitat survey at the off
Swedish ocean energy developer Minesto has installed the tidal power plant Dragon 4 and generated the first electricity at the newly added second foundation in Vestmannasund, Faroe Islands. The production of the first electricity was revealed in Minesto’s update on the Vestmanna project on 14 March.
Subsea 7 has completed the acquisition of additional shares in Seaway 7, bringing its total ownership of the issued and outstanding share capital in the company to 93.94 per cent. On 14 March, Subsea 7 announced it had completed the acquisition of 187,889,551 shares in Seaway 7, corresponding to 21.
UAE-based port operator AD Ports Group signed today a Head of Terms (HoT) with the Ministry of International Cooperation and Promotion of Public Private Partnership of the Republic of Congo, for a new multipurpose terminal in Pointe-Noire in the Republic of Congo. Under the HoT, AD Ports Group has
RMK Marine Shipyard in Tuzla, Turkey, has laid the keel for an 8000 m3 inland waterways liquified natural gas (LNG) bunker barge owned and operated by LNG Shipping (a joint venture between Victrol and Groupe Sogestran) and long-term time chartered by Shell. The companies said the barge, named LNG Er
North European Oil Trade (NEOT), a Finland-based group specializing in oil and bioproducts sale in the Nordic countries, has signed a charter agreement with Terntank for the shipping company’s two wind/methanol-ready hybrid tankers. Swedish shipping company Terntank placed an order for two plus two
Omani hydrogen company Hydrom, a subsidiary of Energy Development Oman (EDO), has signed six term-sheet agreements for hydrogen production worth more than RO 20 billion (around $51 billion) over the next seven years. The agreements were signed with developers from Belgium, the Netherlands, the Unite
Oil Spill Response Limited (OSRL) has welcomed a new CEO, who previously worked in various executive positions at BP.
Finland-based shipping company Meriaura has managed to reduce the ships’ emissions by 11.2 percent during 2022 compared to the previous year.
