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GlobalData: Hydrogen economy is in critical phase of development
Market Outlooks

GlobalData: Hydrogen economy is in critical phase of development

The hydrogen economy is currently in the critical phase of its development, according to data and analytics company GlobalData.

about 1 year ago
Norsepower installs rotor sail on 2016-built bulk carrier for IINO Lines
Business Developments & Projects

Norsepower installs rotor sail on 2016-built bulk carrier for IINO Lines

Finnish cleantech company Norsepower, together with shipping company IINO Lines and electric power company J-POWER, has completed the installation of one Norsepower Rotor Sail, a wind propulsion system, onboard a bulk carrier.

about 1 year ago
Valaris rig en route to Angola for new drilling assignment
Business & Finance

Valaris rig en route to Angola for new drilling assignment

A jack-up rig owned by offshore drilling contractor Valaris is en route to Angola for a drilling contract it secured last year, following preparations in Texas. According to Valaris, after completing a project at the Kiewit Shipyard in Corpus Christi, Texas, the VALARIS 144 rig has embarked on a voy

about 1 year ago
Vessev
Business Developments & Projects

Vessev: Electric hydrofoiling ferry enters service in New Zealand

Vessev, a New Zealand-based sustainable marine technology company, revealed that the first VS-9 hydrofoiling ferry, named Kermadec, has entered commercial service with Fullers360, the largest ferry transport and tourism operator in New Zealand.

about 1 year ago
Seacon Shipping rolls in the tide with three newbuilds
Vessels

Seacon Shipping rolls in the tide with three newbuilds

Over the span of three days, Qingdao-headquartered shipowner Seacon Shipping has launched a methanol-ready 18,500 dwt chemical/oil tanker and a 42,000 dwt bulk carrier, and welcomed a 13,500 dwt multipurpose vessel. As disclosed, the Chinese shipowner’s eco-friendly tanker was built by compatriot Fu

about 1 year ago
An offshore rig
Business Developments & Projects

Odfjell Drilling rig secures more time with Equinor

Norwegian state-owned energy giant Equinor has extended the contract of one of the rigs from compatriot Odfjell Drilling’s fleet.

about 1 year ago
The image shows the project design consisting of an offloading system with a pipeline connected to the Nini A platform. The image is from the environmental impact report. Copyright: INEOS E&P.
Authorities & Government

Public consultation opens for Denmark’s offshore CO2 storage project

The Danish Energy Agency has initiated a public consultation process for the environmental impact report related to the Greensand Future CO2 storage project in the North Sea. The report, prepared by Rambøll on behalf of INEOS E&P, supports the application for Denmark’s first CO2 storage initiative u

about 1 year ago
MOL
Business Developments & Projects

MOL: New dual-fuel VLECs to transport ethane from US to Vietnam for SCGC

MOL Energia, a subsidiary of Japanese shipping major Mitsui O.S.K. Lines, has signed a long-term charter contract for three new very large ethane carriers (VLECs) with SCG Chemicals (SCGC), Thailand’s largest petrochemical company.

about 1 year ago
Unibarge
Authorities & Government

Galveston LNG Bunker Port moves forward with key environmental permits

The U.S. maritime infrastructure company Seapath and its joint venture (JV) partner Pilot LNG have obtained environmental permits for the first dedicated LNG bunkering facility in the U.S. Gulf Coast – the Galveston LNG Bunker Port (GLBP).

about 1 year ago
Imabari Shipbuilding sets sights on alternative-fueled engines through new acquisition
Business & Finance

Imabari Shipbuilding sets sights on alternative-fueled engines through new acquisition

Japanese major Imabari Shipbuilding has decided to acquire shares in compatriot marine equipment manufacturer Daihatsu Diesel Corporation in a bid to contribute to the development of alternative-fueled engines.

about 1 year ago
Indian hydrogen and ammonia developer gets RFNBO pre-certification from Bureau Veritas
Business Developments & Projects

Indian hydrogen and ammonia developer gets RFNBO pre-certification from Bureau Veritas

Hygenco Green Energies has received the renewable fuel of non-biological origin (RFNBO) pre-certification from Bureau Veritas South Asia Region under the CertifHy scheme.

about 1 year ago
Rendering of an LNG terminal
Business Developments & Projects

Bangladesh books LNG from future export terminal in Louisiana

The United States-based Argent LNG has signed a heads of agreement (HOA) with the Government of Bangladesh for the purchase of liquefied natural gas (LNG) from the former’s proposed export facility in Port Fourchon, Louisiana.

about 1 year ago
Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline
Authorities & Government

Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline

The Danish Energy Agency has granted permission to Nord Stream 2 AG to preserve the Nord Stream 2 pipeline in the Baltic Sea that suffered damage in September 2022 following an explosion. The Nord Stream 1 and Nord Stream 2 pipelines run from Vyborg, Russia, to Lubmin near Greifswald, Germany, and c

about 1 year ago
Following Caribbean gig, Allseas' Lorelay goes to Rotterdam for lifetime extension
Business & Finance

Following Caribbean gig, Allseas’ Lorelay goes to Rotterdam for lifetime extension

Allseas’ pipelay vessel Lorelay has completed a platform-to-platform pipeline installation in the Caribbean, for the first time ever using the bowstring start-up method, connecting the pipeline start-up head directly to the platform jacket leg. Lorelay kicked off the operations in December 2024, pla

about 1 year ago
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