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Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation
Authorities & Government

Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation

The Dutch Port of Rotterdam and Belgian Port of Antwerp-Bruges have welcomed the Clean Industrial Deal, through which the European Commission intends to strengthen the competitiveness of European industry, emphasizing that now is the time to concretize the announced measures.

about 1 year ago
ABL settles in Namibia to support local oil & gas and energy transition
Business & Finance

ABL settles in Namibia to support local oil & gas and energy transition

Energy and marine consultancy ABL has expanded its operations to Namibia with the aim of supporting the local oil & gas market, as well as the country’s energy transition. The new entity will provide the company’s full technical service offering in energy and marine consulting, with a focus on marin

about 1 year ago
Two men standing next to each other
Business Developments & Projects

ADNOC secures fourth sales and purchase deal for Ruwais LNG

Abu Dhabi National Oil Company (ADNOC) has signed a liquefied natural gas (LNG) sales and purchase agreement (SPA) with Japan’s Osaka Gas.

about 1 year ago
KfW IPEX
Business & Finance

KfW IPEX finances Carisbrooke’s diesel-electric ships

Germany’s KfW IPEX-Bank has decided to support the fleet renewal program of the British shipping company Carisbrooke Shipping with financing amounting to around €26 million.

about 1 year ago
Bangladesh moves to overhaul ship recycling laws in bid to meet global environmental standards
Authorities & Government

Bangladesh moves to overhaul ship recycling laws in bid to meet global environmental standards

Draft amendments to Bangladesh’s ship recycling and hazardous waste management legislation have been developed to align the shipbreaking industry with international environmental standards and safety regulations, the International Maritime Organization (IMO) has revealed. According to IMO, the propo

about 1 year ago
Two men standing on the coast at sunset with one of them pointing at an offshore rig
Business Developments & Projects

Eni and Petronas ponder pooling Southeast Asian upstream assets

Italy’s Eni and Malaysia’s state-owned energy player Petronas have announced an exclusive memorandum of understanding (MoU) to discuss establishing a joint venture (JV) holding company to oversee selected upstream assets in Indonesia and Malaysia.

about 1 year ago
C40 Cities
Market Outlooks

Maritime industry welcomes EU’s Clean Industrial Deal but says more work needed to boost green fuels production

Associations representing the maritime industry have welcomed the European Commission’s new plan marrying climate action and competitiveness but highlighted the need for a much stronger effort from the EU to scale up the production of green fuels.

about 1 year ago
Expro comes onboard first Dutch offshore CCS project
Business & Finance

Expro comes onboard first Dutch offshore CCS project

U.S.-headquartered energy services provider Expro has won a contract to supply tubular running services (TRS) for the first offshore carbon capture and storage (CCS) project in the Netherlands. The contract covers the recompletion and conversion of legacy offshore gas production wells into CO2 injec

about 1 year ago
STAX Engineering gets funding boost, launches carbon capture trials with Seabound
Business & Finance

STAX Engineering gets funding boost, launches carbon capture trials with Seabound

STAX Engineering has secured a $70 million funding boost, alongside launching new carbon capture trials with Seabound.

about 1 year ago
Singapore
Vessels

Asuka III, Japan’s ‘biggest’ cruise ship ever, edges toward delivery

The ‘first’ passenger ship in 30 years to be constructed under the supervision of the Japanese flag and ‘the largest’ Japanese-flagged cruise ship ever made, the Asuka III, is nearing delivery as it gears up for river conveyance. Asuka III was constructed by German shipbuilder Meyer Werft for NYK Cr

about 1 year ago
An offshore rig
Business Developments & Projects

Three for three for Vår Energi as it finds more oil in Barents Sea

Norway’s oil and gas player Vår Energi has made an oil discovery in an exploration well near a field it operates in the Barents Sea.

about 1 year ago
First unit of 'world's first charter fleet of fully autonomous USVs' hits the water (Video+Photos)
Business & Finance

First unit of ‘world’s first charter fleet of fully autonomous USVs’ hits the water (Gallery)

A UK-built 12-meter-long autonomous uncrewed surface vessel (USV), designed for long-distance over-the-horizon operations, has hit the water for the first time, with three sister vessels soon to follow. After nearly 18 months of design, engineering, and build, UK-headquartered Zero USV launched its

about 1 year ago
REGENT
Business Developments & Projects

Electric seagliders enter the UAE market with a bang as REGENT unveils new JV

REGENT Craft, a US-based developer and manufacturer of all-electric seagliders, has signed an initial agreement with Strategic Development Fund (SDF), an Abu Dhabi-based investment company wholly owned by EDGE Group, to form a joint venture for manufacturing seagliders in the UAE.

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

MODEC teams up with Samsung to equip FPSO with ‘groundbreaking’ carbon capture tech

Japanese giant MODEC has entered into a front-end engineering and design (FEED) contract with engineering company SAMSUNG E&A for a pilot project to install a modular carbon capture technology developed by U.K.’s Carbon Clean on MODEC’s floating, production, storage, and offloading (FPSO) unit.

about 1 year ago
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