The Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and APM Terminals, has passed a ‘major’ milestone, becoming ‘the first’ container terminal in Malaysia to handle over 12.25 million twenty-foot equivalent units (TEUs) in a single year in 2024. As disclosed, the 12 millionth TEU wa
The Moored MultiModal Multibody (M4) wave energy device has been named “Kwilyilah” in recognition of Noongar cultural heritage. According to the University of Western Australia’s (UWA) Oceans Institute, the device’s name, meaning “dolphin,” reflects its leaping motion above water and the symbolic co
U.S.-headquartered TDI-Brooks is taking three of its vessels for work in West and Northwest Africa in the first quarter of 2025. The 75-meter-long DP-II vessel Nautilus, which joined TDI-Brooks’ fleet in the summer of 2023, is headed to Namibia for a deepwater “heavy” geotechnical project where it w
China Shipping & Sinopec Suppliers, a bunker trading company backed by Sinopec and COSCO Shipping, has completed China’s first-ever ammonia bunkering operation.
Wärtsilä Gas Solutions, part of Finalnd’s technology firm Wärtsilä, has signed an agreement with Greek fleet owner GasLog for the service and maintenance of the latter’s liquefied natural gas (LNG) carriers.
Oslo-headquartered TMC Compressors has clinched a contract with China’s Yangzijiang Shipbuilding Group to deliver its ‘energy efficient’ compressed air systems to six eco-friendly 9,000 TEU boxships being constructed for Denmark’s A.P. Møller – Mærsk. As explained, under the contract, TMC Compressor
The top three fossil energy projects, which came into operation during 2024, reflect the prevailing market trends of entwining dynamic hydrocarbon and alternative greener plays driven by the security of supply pursuits with strong decarbonization currents to enable the industry players to come to gr
Vantage Drilling has established a new joint venture (JV), named TEVA Ship Charter (TEVA), with France’s energy giant TotalEnergies, which will acquire a drillship currently working off the coast of Congo.
The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.
Singapore’s Eastern Pacific Shipping Ventures (EPS Ventures) and Norwegian state-owned Nysnø Climate Investments have become shareholders in shore power solutions provider Zinus through joint investment.
BP has tucked a first gas flow milestone under its belt off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio and one of the deepest, most complex gas developments in Africa.
Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon
Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a comparison of liquefied natural gas (LNG) and carbon capture
As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m
