NKT has disclosed the name of its third cable extrusion tower, which is being built at its high-voltage power cable factory in Karlskrona, Sweden.
Seeking to “modernize” its operations further, the Panama Maritime Authority (PMA) has rolled out the first phase of its Electronic Vessel Registry (REN) system. As disclosed, one of the main goals of REN will be to unify the management systems of the General Directorate of the Merchant Marine (DGMM
Over 100 million full-time equivalent jobs are sustained by the global ocean economy, with tourism and Asia-Pacific leading the charge, data provided by the Organisation for Economic Co-operation and Development (OECD) shows.
BP has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle work related to bringing its natural gas subsea development project off the coast of Trinidad and Tobago to life.
A joint venture, consisting of Shell (through BGEPIL), Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation (ONGC), has wrapped up work on what is said to be India’s first offshore facilities decommissioning project.
German chemical engineering company thyssenkrupp Uhde has secured an order to deliver front end engineering design (FEED) and its green methanol technology for an e-methanol plant in Kristinestad, Finland, set to supply maritime and e-gasoline fuel markets.
Bermuda-headquartered offshore drilling contractor Valaris is divesting a jack-up from its rig fleet to boost its financial flexibility.
Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has provided updates on the reprocessing work being carried out offshore Uruguay and the sale of its assets onshore Trinidad and Tobago.
Lawmakers in the United States have announced the reintroduction of the SHIPS for America ACT, a landmark legislation to revitalize the U.S. shipbuilding and commercial maritime industries and counter China’s dominance.
South Korea’s heavyweight HD Hyundai has joined forces with Denmark-based maritime transportation giant A.P. Møller – Maersk to explore decarbonization-oriented technological solutions and foster global integrated logistics services. Under the terms of the memorandum of understanding (MoU) the two p
Hazer and KBR have entered into a binding alliance agreement to commercialize and license Hazer’s proprietary methane pyrolysis technology.
Australia’s wave energy developer Carnegie Clean Energy has signed a memorandum of understanding (MoU) with Chugachmiut, an Alaska Native tribal consortium, to explore the development of CETO projects in Southcentral Alaska.
Dutch energy infrastructure company VTTI and Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), Höegh Evi, have officially launched the permitting process for the Netherlands’ proposed new LNG terminal.
Incorporating carbon dioxide (CO2) captured from heavy fuel oil (HVO) combustion onboard ships into concrete production provides the highest emissions reduction—up to 60%—among all utilization pathways, a new study suggests. The Global Centre for Maritime Decarbonization (GCMD) recently performed a
