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Business & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageCertification & ClassificationInnovationRegulation & PolicyTechnologyTransitionCollaborationEnvironmentResearch & DevelopmentSafetyVesselsInfrastructureOutlook & StrategyPorts & LogisticsProject & TendersMarket OutlooksHuman CapitalRules & Regulation
Meridian purpose-built FPSO hull design; Courtesy of Yinson Production
Business & Finance

Deepwater frontiers calling: Yinson Production’s FPSO hull design with low-carbon kit wins DNV’s blessing

Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification socie

about 10 months ago
GCMD
Collaboration

GCMD project affirms B24 biofuel blend can power vessels over the long haul

The Singapore-based Global Centre for Maritime Decarbonisation (GCMD) has released a new report detailing the effects of continuous utilization of biofuels during ship operations. The project titled LOTUS (Long-term impact of continuous use of biofuels on vessel operations) was carried out in collab

about 10 months ago
NYK inks new CO2 removal credits deal
Business Developments & Projects

NYK inks new CO2 removal credits deal

Japanese shipping company NYK has signed a new agreement with carbon capture, utilization, and sequestration (CCUS) company 1PointFive to purchase carbon dioxide removal (CDR) credits, neutralizing residual emissions and contributing to achieving net-zero by 2050.

about 10 months ago
NatPower
Infrastructure

UK’s first green shipping corridor is in the making

The UK-based clean energy enabler NatPower Marine and compatriot port operator Peel Ports Group are set to commence installation of shore power at Heysham in September 2025.

about 10 months ago
Tidal Action drillship
Business Developments & Projects

Hanwha’s 7th-gen drillship kicks off maiden contract with Petrobras

A seventh-generation drillship owned by Hanwha Drilling, part of South Korea’s Hanwha Ocean, has commenced its assignment with Brazil’s state-owned energy giant Petrobras in the country’s Campos basin.

about 10 months ago
Darwin LNG; Source: Santos
Business & Finance

$19 billion merger deal is off: ADNOC’s XRG ends takeover talks with Santos

A consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has withdrawn its $18.7 billion non-binding indicative offer for Australia’s energy player Santos.

about 10 months ago
Blue Marlin stimulation vessel; Source: Baker Hughes
Business & Finance

Baker Hughes helping Petrobras enhance oil & gas production as vessel duo remains in Brazil

U.S.-headquartered energy technology giant Baker Hughes has disclosed a long-term contract extension with Brazil’s Petrobras for two stimulation vessels, which will keep supporting offshore operations that optimize oil and gas recovery in the South American country’s post and pre-salt fields.

about 10 months ago
Elcogen opens new solid oxide technology facility, boosting production to 360 MW
Business Developments & Projects

Elcogen opens new solid oxide technology facility, boosting production to 360 MW

Estonian clean energy technology manufacturer Elcogen has officially opened ELCO I, a solid oxide technology facility on the outskirts of Tallinn, increasing the company’s available production capacity from 10 MW to 360 MW.

about 10 months ago
Pecém
Business Developments & Projects

Rostock and Pecém ports join forces on green (energy) corridor

Germany’s Rostock Port and Brazil’s Port of Pecém have signed a memorandum of understanding (MoU) to jointly develop a transport corridor through which green energy and green products from Brazil can be imported to Germany and Eastern Europe.

about 10 months ago
Navios
Business Developments & Projects

Navios and HJSC shake hands on methanol-ready boxship quartet order

Greece-headquartered dry cargo vessel owner and operator Navios Maritime Partners has placed an order for a quartet of methanol-ready container vessels at a shipyard based in South Korea. According to Greek shipbroker Intermodal, the four units, which will boast a capacity of 8,850 TEUs, are to be c

about 10 months ago
Ciel&Terre has completed the 11 MWp Saint-Elix floating solar project in France for SOLVEO Energies.
Business Developments & Projects

Ciel & Terre delivers 11 MWp floating solar in France (Gallery)

French floating solar company Ciel & Terre has completed the 11 MWp Saint-Elix floating solar project in France for SOLVEO Energies. Ciel & Terre’s Europe team designed, supplied, and built the floating platform, which hosts 17,570 photovoltaic (PV) modules. “Quarry ponds are a successful applicatio

about 10 months ago
‘Industry-first’ seafarer training frameworks for ammonia, methanol, hydrogen see the light of day
Business Developments & Projects

‘Industry-first’ seafarer training frameworks for ammonia, methanol, hydrogen see the light of day

The Maritime Just Transition Task Force (MJTTF) has launched industry-first training frameworks designed to facilitate the development of programs for seafarers working on ships powered by ammonia, methanol, and hydrogen.

about 10 months ago
Keel laid for second Island Offshore hybrid ocean energy construction vessel
Business & Finance

Keel laid for second Island Offshore hybrid ocean energy construction vessel

Norwegian shipbuilder VARD has held the keel laying ceremony for the second hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore. The vessel, marked NB 978, is being built at Vard Shipyards Romania – Tulcea and is the sister ship of NB 977

about 10 months ago
Courtesy of Astro Offshore
Business & Finance

Vessel quintet addition sets the stage for 49-strong fleet to scale up UAE firm’s reach and capabilities

Dubai-based offshore vessel operator Astro Offshore, an Adani Group company, has expanded its fleet with four platform supply vessels (PSVs) and one multipurpose supply vessel (MPSV), which boost the UAE-headquartered firm’s operational efficiency and fleet versatility.

about 10 months ago
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