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Maersk AET tanker contract
Green Marine

Trafigura sells five tankers to CDB Leasing in $140 million deal

Switzerland-based commodity trading company Trafigura has decided to sell five MR tankers to Hong Kong leasing major China Development Bank Financial Leasing (CDB Leasing).

about 4 years ago
CSA-goes-2.4-kilometers-deep-for-Barbados-environmental-survey
Subsea

CSA goes 2.4 kilometers deep for Barbados survey campaign

U.S.-based marine environmental consulting firm CSA Ocean Sciences has completed a two-year environmental baseline survey (EBS) at depths of up to 2,400 meters in waters offshore southeast Barbados.

about 4 years ago
Strategic Marine's Fast Crew Boat
Fossil Energy

Strategic Marine to build another fast crew boat for Malaysian operator

Singapore’s shipbuilder Strategic Marine has secured a new contract for a 42m Fast Crew Boat from a repeat client, Malaysia’s Centus Marine.

about 4 years ago
NOVATEK and RWE join in on LNG supply and decarbonization
Ammonia

NOVATEK and RWE join in on LNG supply and decarbonisation

Novatek, Russia’s natural gas producer, and RWE Supply & Trading, the trading unit of German utility RWE, have signed a memorandum of understanding (MoU) to cooperate on LNG supply and decarbonisation.

about 4 years ago
Ernst Russ
Green Marine

Ernst Russ boosts fleet with 12 feeder vessels

German shipping company and maritime investment manager Ernst Russ has decided to increase its stake in a fleet holding company, thereby expanding its fleet with twelve containerships.

about 4 years ago
St Fergus - Acorn Project
Fossil Energy

North Sea Midstream Partners joins Acorn Project in UK

Storegga, Shell, and Harbour Energy have revealed that North Sea Midstream Partners has acquired stake in the Acorn CCS and Hydrogen Project in the UK.

about 4 years ago
North Sea Link to enter 2022 at reduced capacity
Cabling

North Sea Link to enter 2022 at reduced capacity

The North Sea Link (NSL) interconnector between Norway and the UK will operate at reduced capacity until mid-February 2022 following a fault detected in one of its converters, Norwegian system operator Statnett reported.

about 4 years ago
ENGIE and Masdar partner up for UAE green hydrogen hub
Clean Fuel

ENGIE and Masdar partner up for UAE green hydrogen hub

French energy company Engie and Abu Dhabi-based renewable energy developer Masdar have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub

about 4 years ago
Liberia and China join forces to bolster maritime safety
Green Marine

Liberia and China join forces to bolster maritime safety

The Liberian Maritime Authority and the Maritime Safety Administration of China have signed a Memorandum of Understanding (MoU) to bolster and expand on their existing working relationship in the areas of maritime safety.

about 4 years ago
Value Maritime
Energy Efficiency & Innovation

Value Maritime: The future is bright for CCS tech in shipping

Dutch maritime technology company Value Maritime hit the headlines earlier this year as it developed what it claims to be the world’s first onboard CO2 capture and storage (CCS) unit for the maritime industry.

about 4 years ago
Stena IceMax; Source: Stena Drilling
Fossil Energy

FAR sees Gambian well costs go up after issue with fluid losses

Australia’s FAR Ltd has temporarily stopped drilling the Bambo-1 well located off The Gambia after experiencing significant fluid losses.

about 4 years ago
Illustration/CorPower C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)
Marine Energy

Ocean energy could create 1.2 million European jobs by 2050, report says

Europe could benefit from the €140 billion economic opportunity and 1.2 million new jobs by 2050 if it takes the lead in the global ocean energy market, a newly launched report states.

about 4 years ago
Cox Marine
Clean Fuel

Cox Marine joins SHAPE UK to demonstrate world’s 1st diesel-hydrogen fuelled outboard

British diesel technology innovator, Cox Marine, has joined SHAPE UK, a consortium looking to transition Portsmouth International Port into the UK’s first zero-emissions maritime hub.

about 4 years ago
Dutch LNG-ZERO concept receives subsidy
Clean Fuel

Dutch LNG-ZERO concept receives subsidy

Dutch maritime consortium has received financial aid for the LNG-ZERO concept, an ambitious research project originally introduced by TNO.

about 4 years ago
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