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VesselsBusiness Developments & ProjectsGreen MarineInfrastructureOperations & MaintenanceBusiness & FinanceExploration & ProductionProject & TendersCollaborationOutlook & StrategyInnovationAuthorities & GovernmentRegulation & PolicyRules & RegulationTransitionVisionEquipmentResearch & DevelopmentTechnologyMarket Outlooks
‘World’s first’ biomethanol-powered crew transfer vessel ready to work in offshore wind
Vessels

‘World’s first’ biomethanol-powered crew transfer vessel ready to work in offshore wind

Northern Offshore Services (N-O-S), a Sweden-headquartered provider of crew transfer vessels (CTVs) to the offshore wind industry, has taken delivery of a CTV converted to run entirely on biomethanol that has been chartered by the wind turbine supplier Vestas. According to N-O-S, this is the world’s

about 1 year ago
Two LNG tankers at berth
Business Developments & Projects

ExxonMobil unveils names for new LNG sister ships

ExxonMobil LNG, a subsidiary of the U.S. energy giant ExxonMobil, has named two liquefied natural gas (LNG) tankers it will charter from South Korea’s H-Line Shipping.

about 1 year ago
Titan and K Line kick off long-term partnership with first LNG fuel delivery
Business Developments & Projects

Titan and K Line kick off long-term partnership with first LNG fuel delivery

Dutch marine fuels supplier Titan has delivered LNG to the newbuild car carrier operated by Japanese shipping company K Line under a long-term contract.

about 1 year ago
Illustration; Source: ADES
Business & Finance

Ten-year renewal for ADES rig marks jack-up’s return to drilling work with Aramco

ADES has tucked a multi-year contract renewal in the Kingdom of Saudi Arabia (KSA) under its belt, which enables one of its previously suspended jack-ups to work for Aramco once again.

about 1 year ago
OCP and Maersk ally on sustainable supply chain solutions
Business Developments & Projects

OCP and Maersk ally on sustainable supply chain solutions

Morocco-based OCP Group, through its Specialty Products & Solutions (SPS) strategic business unit, and Danish shipping giant A.P. Moller – Maersk have signed a memorandum of understanding (MoU) to strengthen their long-standing collaboration and jointly advance sustainable supply chain solutions.

about 1 year ago
XFuel
Business & Finance

XFuel gets EU funding to scale up its fuel-from-waste tech

XFuel has secured €7.7 million in blended finance from the European Innovation Council (EIC), helping it bring its fuel-from-waste technology to transport markets.

about 1 year ago
NKT's power cable factory expansion named EU's first net-zero strategic project
Authorities & Government

NKT’s power cable factory expansion named EU’s first net-zero strategic project

NKT’s expansion of its high-voltage submarine power cable factory in Karlskrona, Sweden, has been recognized as the first European net-zero strategic project under the EU Net-Zero Industry Act, providing it with a national priority status for accelerated administrative treatment and faster permittin

about 1 year ago
A large vessel at sea
Business Developments & Projects

Yinson selects crane duo for its Angola-bound FPSO

Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has decided to equip its floating production storage and offloading (FPSO) unit with two cranes made by construction equipment manufacturer Liebherr.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

bound4blue: ‘World’s largest’ suction sails installed on LDC juice carrier

Spanish automated wind-assisted propulsion system specialist bound4blue has installed what it claims to be “the world’s largest” suction sails on a vessel.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Seaturns opens fundraising round to scale wave energy technology

French wave energy developer Seaturns has launched a fundraising campaign to support the scale-up of its wave power generation technology, following several years of research, development, and testing. According to Seaturns, the fundraising will first open on April 22 with 24-hour priority access fo

about 1 year ago
Wärtsilä’s €50M R&D investment to support development of future fuel-ready engines
Business & Finance

Wärtsilä’s €50M R&D investment to support development of future fuel-ready engines

Wärtsilä will invest €50 million in expanding its R&D center in Vaasa, aiming to meet the growing demand for sustainable technologies and alternative fuels in maritime and energy sectors.

about 1 year ago
Vali jack-up rig; Source: Crystal Offshore
Business & Finance

Rig trio finds new jobs: Busy times ahead for jack-ups in Borr Drilling’s fleet

Borr Drilling has secured a batch of assignments for three jack-up rigs and shed more light on the contracting developments and movements across the rest of its jack-up fleet.

about 1 year ago
MHI expands presence in Australia to boost developments in hydrogen, ammonia and CCUS
Business Developments & Projects

MHI expands presence in Australia to boost developments in hydrogen, ammonia and CCUS

Japanese major Mitsubishi Heavy Industries (MHI) has established a branch office of Mitsubishi Heavy Industries Australia (MHI-AUS) in Perth, Western Australia, to accelerate business developments in hydrogen, ammonia and carbon capture, utilization and storage (CCUS).

about 1 year ago
Near-term investments, supportive policies to ensure bankability of green hydrogen projects, report finds
Business Developments & Projects

Near-term investments, supportive policies to ensure bankability of green hydrogen projects, report finds

The European Union (EU) has set a target to increase the consumption of green hydrogen to 20 million tons (Mt) by 2030.

about 1 year ago
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