The US Federal Maritime Commission (FMC) has cleared the Premier Alliance, a global shipping alliance between South Korea’s HMM, Singapore’s Ocean Network Express (ONE) and Taiwan’s Yang Ming Marine Transport Corporation, for take-off. According to the FMC, the Premier Alliance will start on Februar
Sweden-headquartered Subseatec, owned by Scana, has secured a frame agreement with an undisclosed client under which it will deliver steel parts for subsea production systems for a period of three years. As part of the frame agreement that will begin in Q1 2025, Subseatec will be the exclusive globa
Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, which represents the entry into front-end engineering design (FEED), for an oil field discovery in the Santos Basin off the coast of Brazil.
French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers.
U.S.-based e-fuels provider Infinium and compatriot operator of carbon capture and storage (CCS) facilities Summit Carbon Solutions have entered an arrangement for the supply of up to 670,000 metric tons of carbon dioxide (CO2) annually at a proposed e-fuels facility in North Dakota or South Dakota.
A subsidiary of UK-based AIS, AIS do Brasil, has secured a contract with what is described as a “leading Brazilian national oil and gas company,” to supply installation buoys for offshore operations in an oil field development in Brazil. According to AIS, the installation buoys are designed for deep
Chevron has strengthened its presence in Namibia’s offshore oil and gas plays by getting its hands on a new license, which enables it to assume the mantle of operator at two blocks in the African country.
The Yokohama-headquartered shipbuilding player Japan Marine United Corporation (JMU) has delivered the eco-friendly 211,981 dwt bulk carrier Mount Anjin built for Singapore-based Eastern Pacific Shipping (EPS). As informed, the newbuilding was handed over on February 6, 2025, at the Tsu Shipyard in
The UAE-based terminal operator AD Ports Group has signed a shareholders’ agreement with French shipping and logistics major CMA CGM Group, through its subsidiary CMA Terminals, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville.
CNOOC has tucked another milestone under its belt by switching the production mode on at an oilfield project in Bohai Bay, which is expected to boost its oil arsenal while taking advantage of carbon capture, utilization, and storage (CCUS) to enable low-carbon barrels and development in the region.
The Immingham Green Energy Terminal (IGET), a proposed multi-user liquid bulk green energy terminal located in the Port of Immingham, has received development consent from the UK’s Secretary of State for Transport, marking “a big milestone” for the country’s energy transition.
Holland Shipyard Group has delivered a cable recovery vessel to compatriot shipping company Hudig & Veder which will be chartered to retrieve and recycle subsea cables. The cable recovery vessel Maasvliet is the first of five CIP3800 vessels that will be delivered for Hudig & Veder, with the first t
China’s shipowners poured $123 billion into newbuilding ship orders in 2024, with containerships making around 38% of total vessel orders, according to the latest report from maritime freight management solutions provider Veson Nautical.
Australia’s NH3 Clean Energy, formerly Hexagon Energy Materials, has completed the engineering component of its preliminary front-end engineering and design (pre-FEED) work for its flagship WAH2 clean ammonia project.
