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ESL Shipping
Business Developments & Projects

ESL Shipping readies for delivery of 1st hybrid vessel

The construction of ESL Shipping’s energy-efficient plug-in hybrid vessels at the Chowgule Shipyard in India is progressing according to schedule, the Finnish dry bulk shipping company said. Block assembly of the first two vessels, Electramar and Stellamar, is currently progressing in four parts: af

about 3 years ago
Borr Drilling wins work in Latin America for jack-up rig
Business & Finance

Borr Drilling’s jack-up rig wins work in Latin America

Borr Drilling has received a letter of award (LOA) for one of its premium jack-up drilling rigs with an undisclosed company in Latin America.

about 3 years ago
Shipping
Authorities & Government

Shipping Corporation of India to retrofit ships to green hydrogen

The Shipping Corporation of India (SCI) will be required to retrofit at least two ships to run on green hydrogen or other green hydrogen-derived fuels by 2027 as part of India’s decarbonization plans. India has declared that it plans to become energy independent by 2047 and a net zero country by 207

about 3 years ago
Noble jack-up rig ready to embark on its new gig in North Sea
Authorities & Government

Noble jack-up rig ready to embark on its new gig in North Sea

Noble Corporation’s jack-up rig has left Port Esbjerg and is now ready to start working on a CO2 storage project in the Danish North Sea.

about 3 years ago
Berlin Express Hapag-lloyd
Business Developments & Projects

Photos: DSME splashes Hapag-Lloyd’s LNG-powered 23,660 TEU giant

A colossal containership has hit the waters at Daewoo Shipbuilding and Marine Engineering (DSME) yard in Geoje, South Korea. The 23,660 TEU vessel goes under the name Baltic Express and it is being built for the German liner shipping major Hapag-Lloyd. Berlin Express is an LNG dual-fuel containershi

about 3 years ago
Snam to pour €10 billion by 2026 in Italy’s gas security
Business & Finance

Snam to pour €10 billion by 2026 in Italy’s gas security

Italy’s energy infrastructure operator Snam has revealed its plans to invest a total of €10 billion ($10.8 billion) by 2026 in strengthening its transport, storage and LNG business to contribute to the country’s energy security. The investment is part of Snam’s 2022-2026 Strategy Plan, which was app

about 3 years ago
Höegh LNG and Germany firm up second 10-year FSRU charter deal
Business & Finance

Höegh LNG and Germany firm up second 10-year FSRU charter deal

Norwegian shipowner Höegh LNG has signed its second binding time charter contract with the German Federal Ministry for Economic Affairs and Climate Action (BMWK) for the floating storage and regasification unit (FSRU). Under the 10-year contract, FSRU Höegh Gannet will be allocated to the new liquef

about 3 years ago
Equinor given the all-clear for North Sea drilling ops with Transocean rig
Authorities & Government

Equinor secures the all-clear for North Sea drilling ops with Transocean rig

Equinor has received consent from Norway’s regulator to use one of Transocean’s semi-submersible rigs for drilling ops in the North Sea.

about 3 years ago
Aerial view of EMEC's Billia Croo wave energy test site (Courtesy of EMEC)
Business Developments & Projects

EMEC streamlines consenting for its Billia Croo wave energy test site

The European Marine Energy Centre (EMEC) has been awarded a site-wide section 36 consent at its grid-connected Billia Croo wave test site off the west coast of Orkney in Scotland.

about 3 years ago
ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan
Authorities & Government

ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan

ACWA Power, a Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, Uzbekistan’s Ministry of Energy, and Uzkimyosanoat, an Uzbekistan-owned chemical company, have signed extensive heads of terms agreements to develop a green hydrogen fa

about 3 years ago
NextDecade adds ITOCHU to Rio Grande LNG buyers list
Business & Finance

NextDecade adds ITOCHU to Rio Grande LNG buyers list

US energy company NextDecade has entered into a sale and purchase agreement (SPA) with Japanese general trading company ITOCHU Corporation for the supply of liquefied natural gas (LNG) from its Rio Grande LNG export project in Brownsville, Texas. Under the agreement, ITOCHU will purchase 1.0 million

about 3 years ago
NAPA joins International Windship Association
Authorities & Government

NAPA joins International Windship Association

Finnish maritime software company NAPA is expanding its efforts to support the decarbonization of shipping by becoming an associate member of the International Windship Association (IWSA).

about 3 years ago
Saipem unveils new solution for offshore energy operators
Business & Finance

Saipem unveils new solution for offshore energy operators

Saipem has joined forces with MCS to launch a new asset integrity management system for offshore energy operators.

about 3 years ago
Politicians urged to set ambitious green fuel regulations
Authorities & Government

Politicians urged to set ambitious green fuel regulations

More than 40 signatories representing the entire value chain of green fuels, including Danish Shipping, have sent a joint letter calling on politicians to aim for a proactive and ambitious regulation in the present FuelEU Maritime trialogue. Associations and companies including fuel suppliers, end-u

about 3 years ago
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