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Blackford Dolphin rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling emerges as winner in arbitration saga over rig termination deal

Dolphin Drilling has disclosed a positive outcome of arbitration proceedings with Lagos-based General Hydrocarbons Limited (GHL), which has been made in the Norwegian player’s favor.

about 1 year ago
Yang Ming
Business Developments & Projects

Yang Ming unveils new boxship fleet order at year end

Taiwanese shipping company Yang Ming Marine Transport Corporation has decided to order up to thirteen environmentally friendly 8,000 TEU to 15,000 TEU containerships.

about 1 year ago
FPSO Cidade de Santos; Source: Enauta
Business & Finance

Petrobras terminates sale of two oil & gas fields offshore Brazil

Brazilian oil and gas player Brava Energia has confirmed its acquisition of oil and gas fields and associated infrastructure off the coast of Brazil cannot be completed with the country’s state-owned energy giant Petrobras, as a precedent condition for the closing of the sale was not satisfied. In D

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Brazil’s Brava Energia to supply two compatriot players with gas

Brazil’s oil and gas player Brava Energia has signed natural gas supply contracts with two Brazilian players.

about 1 year ago
Equinor to charter two electric hybrid newbuilds from Bergen Tankers
Business & Finance

Equinor to charter two electric hybrid newbuilds from Bergen Tankers

Norway-based shipping company Bergen Tankers and compatriot energy giant Equinor have executed a long-term time charter party for two oil/chemical tanker newbuilds with electric hybrid propulsion systems.

about 1 year ago
Jan De Nul, Hellenic Cables sign cable framework deal with French TSO
Business & Finance

Jan De Nul, Hellenic Cables sign cable framework deal with French TSO

Jan De Nul, in partnership with Hellenic Cables, has been awarded a framework agreement from France’s transmission system operator (TSO) Réseau Transport d’Electricité (RTE) to supply and install the export cables for two floating wind farms off the coast of Southern Brittany, totaling 750 MW. Jan D

about 1 year ago
WSC
Authorities & Government

Changing of the guard: MSC and Wan Hai executives take helm at WSC

The Board of Directors of the World Shipping Council (WSC) has elected Soren Toft, CEO of Switzerland’s heavyweight Mediterranean Shipping Company (MSC), as the new Chair of the WSC Council Board, and Randy Chen, Vice Chairman of Taiwan’s shipping major Wan Hai Lines, as Vice Chair. As disclosed, To

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Certification & Classification

MOL obtains ‘first-of-its-kind’ book and claim certification from ClassNK

Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) has received third-party certification for its book and claim service for pure car carriers following an audit by compatriot classification society Nippon Kaiji Kyokai (ClassNK). It is understood that this is the first time that ClassNK has gran

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Deal signed for 3+5 210,000-ton methanol and ammonia reserved bulk carriers

COSCO Shipping Bulk and Yangzhou COSCO Shipping Heavy Industry, subsidiaries of Chinese shipping heavyweight COSCO Shipping, have signed a contract for 3 +5 210,000-ton methanol and ammonia reserved bulk carriers.

about 1 year ago
Weco's Kaizen Wave Energy Converter
Business Developments & Projects

Weco’s wave energy converter produces first power (Video)

The Hague-based Wave Energy Collective (Weco) has reached a milestone in the development of its Kaizen wave energy converter (WEC), as the device had generated its first power. Weco said that it was also able to validate and optimize the design further. The company collaborated with Deltares, a Neth

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Chevron inks 20-year LNG supply deal with Energy Transfer

Chevron has signed a sale and purchase agreement (SPA) with a subsidiary of compatriot firm Energy Transfer, for the delivery of volumes from a liquefied natural gas (LNG) export project the latter is developing on Louisiana’s Gulf Coast.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Equinor comes up empty in North Sea duo

Equinor has found no hydrocarbons in two wells, which were drilled using one of Odfjell Drilling’s rigs in the North Sea off the coast of Norway.

about 1 year ago
VARD delivers advanced cable layer to Danish subsea specialist
Business & Finance

VARD delivers hybrid cable layer to Danish subsea specialist

Norway’s ship designer and shipbuilder VARD has delivered an advanced cable-laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore, less than two years after the contract was signed. NCT placed the order for the 95-meter-long CLV Freja with VARD in early 2023, with Vard Design in Ålesund, N

about 1 year ago
act
Authorities & Government

New SHIPS for America Act seeks to revitalize US maritime industry

U.S. lawmakers have introduced a new act to bolster America’s commercial maritime industry and enhance its competitiveness amid China’s growing influence in the international shipping arena.

about 1 year ago
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