The market for biodegradable lubricants is continuously evolving and plays a crucial role in national and European objectives to reduce the risks of environmental pollution. A key player in this innovative market is Van Meeuwen Lubrication, an internationally operating family business that provides
Italy-headquartered Next Geosolutions (NextGeo) has expanded its fleet with a 2010-built multi-purpose survey vessel (MPSV), which will after refitting be operational from the first quarter of 2025. NextGeo purchased the vessel Sea Admiral from the Norwegian company Beitveit Holding, renamed to NG E
Norwegian shipping and logistics company Wallenius Wilhelmsen has secured two multi-year shipping contracts, both including biofuel, with undisclosed “large auto OEMs”.
A years-long sage seems to be coming to an end, as Woodside Energy has secured environmental approval from the Western Australian government for its giant gas project off the coast of Australia. This decision has restarted the Federal environmental approvals process.
Wave energy developer Eco Wave Power has entered into a securities purchase agreement with a single institutional investor to deploy commercial-scale wave energy technology. The offering involves the sale of 300,000 American Depositary Shares (ADSs), each representing eight common shares, at $10 per
UAE-based logistics major DP World has launched what it says to be the “world’s first” container port carbon inset program, as part of its carbon reduction program at UK logistics hubs, London Gateway and Southampton.
Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway. As the firm believes the new find has unlocked further potential in the area, it plans to drill 20 more wells in the Barents Sea over the next four years.
Houston-based Vaalco Energy has disclosed a new contract with Borr Drilling for a jack-up rig that will carry out its 2025/2026 drilling program off the coast of Gabon, Africa.
NovaAlgoma Cement Carriers has opted for a system to generate sustainable electricity on board its methanol dual-fuel cement carrier.
ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow.
South Korea’s Ministry of Oceans and Fisheries (MOF) has unveiled a whopping 14 trillion KRW (circa $9.78 billion) investment plan to upgrade the Port of Busan by 2045 aiming to achieve the world’s largest container handling capacity and establish the port as a “leading” logistics hub in the region.
Finland-based provider of mobile emission monitoring services Aeromon has received international accreditation for its technology enabling the monitoring and analysis of airborne greenhouse gas (GHG) emissions.
COSCO Shipping Energy Transportation (CSET), part of China COSCO SHIPPING Corporation Limited, has recently signed a construction contract with compatriot COSCO Shipbuilding Trading and Dalian Shipbuilding for six eco-friendly 307,000 dwt crude oil tankers. As disclosed, the sextet, the contract for
AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has launched its plug-in hybrid newbuild, Terramar, at India’s Chowgule shipyard.
