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Pacific Basin
Collaboration

Pacific Basin books clean fuel-ready dual-fuel Ultramax newbuild quartet

Following a two-year collaboration with its Japanese partners Nihon Shipyards and Mitsui & Co., Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping Limited has ordered four 64,000 dwt dual-fuel low-emission vessels (LEVs). The deal reportedly marks the beginning of a third phas

about 1 year ago
Petrobras and European Energy take next step toward methanol production in Brazil
Business Developments & Projects

Petrobras and European Energy take next step toward methanol production in Brazil

Petrobras and European Energy will focus on developing a commercial-scale green methanol production plant in the state of Pernambuco, Brazil.

about 1 year ago
LBC
Business & Finance

LBC to invest in liquid terminal for low-carbon hydrogen in Vlissingen after latest aquisition

Dutch storage solutions provider LBC Tank Terminals has completed the full acquisition of compatriot Evolution Terminals in Vlissingen.

about 1 year ago
IMO
Outlook & Strategy

IMO: The need for clean fuels persists in all transport modes

Spanning all transport modes, there is a need for affordable green fuels and energy sources to achieve global decarbonization goals. Different transport modes can work together to boost the production of clean fuels, the International Maritime Organization’s (IMO) Secretary-General recently highligh

about 1 year ago
Shearwater GeoServices to perform two consecutive projects in Asia Pacific
Business & Finance

Shearwater GeoServices bags another 2D seismic job offshore India

Norway’s Shearwater GeoServices has been awarded a major contract for a 2D seismic survey covering 15,500 line kilometers along the continental shelf margin off India’s west coast. According to Shearwater, the project forms a part of India’s National Seismic Program (NSP), which seeks to map unappra

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Business & Finance

$80 billion ‘powerhouse’ makes its entrance on energy stage with gas, low-carbon tools, and chemicals in mind

ADNOC has unveiled XRG, a low-carbon energy, natural gas, and chemicals investment company with an enterprise value of over $80 billion, which is envisioned to power the world with lower-emission energy to enable a more sustainable energy future.

about 1 year ago
Port of Antwerp-Bruges
Ports & Logistics

Port of Antwerp-Bruges welcomes six new energy-efficient tugboats

A new milestone in the greening of the Port of Antwerp-Bruges has been achieved with the arrival of six new energy-efficient tugboats, including Europe’s first fully electric RSD tugboat, Volta 1.

about 1 year ago
ONE
Business & Finance

ONE dips further into Southeast Asia with Indonesian terminal acquisition

In a bid to “bolster” its presence in Southeast Asia, Singapore-based shipping major Ocean Network Express (ONE) has acquired a minority stake in New Priok Container Terminal One (NPCT1) in Indonesia’s capital city of Jakarta. As informed, the NPCT1—built in 2016 as part of efforts to expand the Tan

about 1 year ago
Dieter Korndörffer, Managing Consultant at Enersea
Business & Finance

Enersea launches new company at OEEC 2024

The Netherlands-based Enersea has expanded its corporate portfolio with the introduction of its third sister company, unveiled during the opening day of the Offshore Energy Exhibition & Conference (OEEC) in Amsterdam, Netherlands. Dieter Korndörffer, Managing Consultant at Enersea, unveiled the laun

about 1 year ago
CORE POWER and Westinghouse join forces to develop floating nuclear power plant
Business Developments & Projects

CORE POWER and Westinghouse join forces to develop floating nuclear power plant

Westinghouse Electric Company has signed a cooperative agreement with CORE POWER to design and develop a floating nuclear power plant (FNPP).

about 1 year ago
Wärtsilä
Business Developments & Projects

Wärtsilä’s propulsion package handpicked by PGT

Finland’s technology giant Wärtsilä is set to supply an integrated propulsion package for a new ship being constructed for the British tanker owner and operator Pritchard-Gordon Tankers (PGT) as part of the latter’s low emissions-focused fleet renewal program. As disclosed, the package comprises a ‘

about 1 year ago
5G
Infrastructure

EU project seeks to push the boundaries of 5G in maritime

In an EU-funded project, VTT Technical Research Centre of Finland and partners have demonstrated an ‘innovative’ solution to improve the coverage and capacity of high-speed, low-latency 5G services beyond coastal areas.

about 1 year ago
FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni
Authorities & Government

Eni expands offshore oil & gas acreage in Côte d’Ivoire ahead of its giant project’s next chapter

Eni has enriched its offshore oil and gas portfolio in Côte d’Ivoire with four new exploration blocks while closing in on the finish line to bring the second stage of its oil and gas development online.

about 1 year ago
Previously disclosed preferred tie-in point of Anning and Somerville fields to Shell’s infrastructure (Corvette and Leman-A platforms); Source: Hartshead
Business & Finance

UK’s new fiscal regime keeps North Sea gas project ‘robust and high value’ but alternate export route on the table

ASX-listed Hartshead Resources and Viaro Energy, through its wholly-owned subsidiary RockRose Energy, are working on progressing the development of their gas project in the UK sector of the North Sea.

about 1 year ago
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