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TMC to deliver compressors for large-scale retrofit project
Business Developments & Projects

TMC to deliver compressors for large-scale retrofit project

TMC Compressors has been contracted by an undisclosed shipowner to deliver new marine compressed air systems to 86 of the company’s vessels.

about 1 year ago
Al Seer Marine
Vessels

Al Seer Marine expands eco-friendly fleet with two more clean-fuel ready tankers

Forging ahead with its fleet expansion ambitions, Abu Dhabi-based Al Seer Marine, a subsidiary of International Holding Company, has taken delivery of alternative fuel-ready Tabit and Rigel, the final two units of six medium-range (MR) tankers booked at South Korea’s K Shipbuilding (KSB). As disclos

about 1 year ago
CMB.TECH
Business & Finance

CMB.TECH buys into dry bulk shipping firm Golden Ocean

Belgian shipowner CMB.TECH has entered into an agreement to acquire around 41% shares in dry bulk shipping company Golden Ocean Group (GOGL) as part of its diversification strategy.

about 1 year ago
With certificate of registry in place, 7-meter USV first uncrewed seagoing vessel to fly Dutch flag
Business & Finance

With certificate of registry in place, 7-meter USV first uncrewed seagoing vessel to fly Dutch flag

VO:X Barentsz, the fifth uncrewed survey vessel (USV) developed through the joint effort of Dutch Van Oord and DEMCON Unmanned Systems, has secured a certificate of registry in the Netherlands, becoming the first uncrewed seagoing vessel to fly the Dutch flag. VO:X Barentsz, Van Oord’s first USV spe

about 1 year ago
Map of blocks offshore Uruguay
Business Developments & Projects

With 3D reprocessing of asset off Uruguay nearly done, Isle of Man-based firm hoping for 2026 drilling decision

Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has shared an update on the reprocessing being carried out for an exploration block off the coast of Uruguay.

about 1 year ago
Nauticus Robotics makes first step to acquire subsea robotic services provider
Business & Finance

Nauticus Robotics makes first step to acquire subsea robotic services provider

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has initiated a process to acquire compatriot SeaTrepid International, a provider of subsea robotic services. Nauticus Robotics reported it had signed a definitive agreement to acquire all of the assets and busi

about 1 year ago
Noble Regina Allen jack-up rig; Credit: Noble
Business & Finance

Noble’s 2013-built rig picks up drilling gig offshore Suriname

Noble Corporation has disclosed a new drilling assignment off the coast of Suriname for one of its jack-up rigs that reportedly wrapped up its assignment with France’s TotalEnergies in Argentina last month.

about 1 year ago
US tariffs
Authorities & Government

US tariff tsunami looms over shipping industry as stakeholders brace for impact

Following the Office of the United States Trade Representative (USTR)’s late February announcement regarding new tariffs on Chinese-built vessels, shipowners and charterers have scrambled to assess the fallout as concerns over rising transport costs and potential trade route disruptions mount. “Amer

about 1 year ago
Essberger lifts option for two methanol-ready chemical tankers at Chinese yard
Business Developments & Projects

Essberger lifts option for two methanol-ready chemical tankers at Chinese yard

German shipping company John T. Essberger has executed an option for two additional 13,000 dwt chemical tankers with 1A ice class and stainless steel tanks at the Rainbow shipyard in Nantong, China.

about 1 year ago
Dutch wave energy company Slow Mill Sustainable Power has generated electricity from North Sea waves for the first time in the Netherlands.
Business Developments & Projects

Dutch firm’s wave energy tech delivers first kilowatts in North Sea (Gallery)

A wave energy device developed by Dutch wave energy company Slow Mill Sustainable Power has generated electricity from North Sea waves for the first time. According to Slow Mill Sustainable Power, the wave energy generator was tested off the coast of Scheveningen last week, marking a key milestone i

about 1 year ago
Eighth call for CO2 storage offshore Norway opens for applications
Authorities & Government

Eighth call for CO2 storage offshore Norway opens for applications

The Norwegian Ministry of Energy is inviting interested parties to apply for CO2 storage exploration licenses related to one area on the Norwegian Continental Shelf (NCS), representing the eighth time such acreage is announced on NCS. The announcement was made on March 5 for the area that comprises

about 1 year ago
Türkiye’s first LNG dual-fuel tugboats delivered to BOTAS
Business Developments & Projects

Türkiye’s first LNG dual-fuel tugboats delivered to BOTAS

Türkiye’s BOTAŞ Petroleum Pipeline Corporation (BOTAS) has taken delivery of two LNG dual-fuel tugboats from compatriot Uzmar Shipyard.

about 1 year ago
Haiji-2 (for illustration purposes); Source: CNOOC
Business & Finance

‘Major breakthrough’ in Chinese giant’s exploration ops with new oil & gas pay zone

CNOOC has enriched its oil and gas arsenal with a new hydrocarbon discovery in the Beibu Gulf of the South China Sea.

about 1 year ago
ECSA rebrands to highlight shipping’s role in Europe’s energy security
Business Developments & Projects

ECSA rebrands to highlight shipping’s role in Europe’s energy security

The European Community Shipowners’ Associations (ECSA) has changed its name to ECSA European Shipowners intending to reflect its commitment to raising awareness of shipping’s role in the continent’s energy, supply chain and food security.

about 1 year ago
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