There are currently more than 80 floating wind technology concepts and designs worldwide, and testing even a certain number of these could prove to be an endeavour since, at least in Europe, there are not many test sites dedicated to floating wind technology. This is according to a discussion during
Offshore drilling contractor Stena Drilling has secured a contract extension with energy giant BP for a mobile offshore drilling unit (MODU) to be deployed in the U.S. Gulf of Mexico. Stena Drilling revealed on 7 February that it had signed a contract extension with BP for the Stena IceMAX MODU. The
German-based energy company Uniper and Greenko ZeroC Private Limited, a subsidiary of India’s Greenko Group, have signed a Memorandum of Understanding (MoU) and Heads of Terms for Uniper to enter into exclusive negotiations for the offtake of green ammonia from Phase 1 of Greenko ZeroC’s ammonia pro
The technology group Wärtsilä has successfully retrofitted an inline shaft generator system on the ‘Berge Toubkal’, a cape-size bulk carrier owned by Singapore-based Berge Bulk. The company said that this was the marine industry’s ‘first-ever shaft generator retrofit.” The retrofit is expected to im
Norwegian shipping company Wilhelmsen Ship Management (WSM) and shipbroker Affinity Shipping have signed a Memorandum of Understanding (MOU) to jointly establish an independent company that will provide comprehensive compliance services related to the European Union Emission Trading System (EU ETS).
Offshore Energies UK (OEUK) has warned that the calls for new windfall taxes on energy producers’ global profits are misleading.
Elvir Dzanic, the current CEO of Göteborgs Hamn AB, will be the new CEO of shipping company WALLENIUS SOL when Ragnar Johansson hands over the baton. Johansson plans to step down from his post as CEO of the Swedish shipping company to focus on developing the company’s business. “Being part of this
Marine geophysical services provider PXGEO has entered into an agreement with oil company Shell to provide seismic acquisition services.
Norwegian tanker shipping heavyweight Frontline announced that the Emergency Arbitration claims filed by its Belgian counterpart Euronav have been fully dismissed by the Emergency Arbitrator. “The decision was issued today, and in addition to fully dismissing the claims, orders Euronav to pay to Fro
Aker Solutions has signed a contract with OKEA for the Draugen electrification project in the Norwegian Sea, following a Letter of Intent (LoI) from December 2022. Aker Solutions has been appointed as the main contractor for engineering, procurement, construction, and installation (EPCI) and the sco
COSCO Shipping Heavy Industry (Guangdong) had revealed that it will retrofit the main engines aboard two LPG carriers from the fleet of compatriot liquefied gas operator Tianjin Southwest Maritime.
Dutch tank storage company Vopak has decided to acquire the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group, and gain access to the Gunvor concession in the Antwerp port area, with an aim to sustainably redevelop the site to support renewable energy. The site’s size is some 105
Danish marine fuel supplier Monjasa and HØST PtX Esbjerg have signed a Commercial Collaboration Agreement (CCA) on logistics services and offtake of green ammonia for the maritime sector. Under the terms of the deal, Monjasa will provide logistics services that will enable the distribution of green
DNV, an independent expert in assurance and risk management, has been selected by South Korea’s state-owned natural gas importer and transporter Korea Gas Corporation (KOGAS) to assess the viability of blending hydrogen into the nation’s gas transmission network. According to DNV, the two-year proje
