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LNG-powered Fairchem Prestige delivered to Fairfield Chemical Carriers
Business Developments & Projects

LNG-powered Fairchem Prestige delivered to Fairfield Chemical Carriers

Fairfield Chemical Carriers (FCC), the U.S.-based chemical tanker operator, has taken delivery of the newbuild LNG dual-fuel stainless steel chemical tanker, Fairchem Prestige. The 26,000 dwt vessel was delivered by Fukuoka Shipbuilding in Japan on November 12, 2024, nearly seven months after the la

about 1 year ago
Illustration; Source: Shell
Authorities & Government

Shell emerges victorious from battle to overturn ruling in historic climate litigation case

Shell, now headquartered in the UK and not the Netherlands as was the case during the original ruling, has welcomed its new legal win, which overturns the decision that ordered the energy giant to step up its carbon emissions reduction game.

about 1 year ago
UNCTAD
Environment

UNCTAD: Climate and trade shifts threaten maritime stability in Latin America and the Caribbean

The maritime sector in Latin America and the Caribbean is facing unprecedented challenges as climate disruptions, freight rate volatility, and connectivity issues deepen trade inequalities, especially for small island developing states (SIDS), the United Nations Conference on Trade and Development (

about 1 year ago
Orkney Islands step closer to mainland connection as substation works start
Authorities & Government

Orkney Islands step closer to mainland connection as substation works start

SSEN Transmission has broken ground on a new electricity substation that is part of the subsea link that will connect the Orkney Islands to the UK mainland for the first time. The start of work at the Finstown Substation is said to mark a major step forward for the Orkney-Caithness 220 kV Subsea Lin

about 1 year ago
INEOS
Business Developments & Projects

INEOS, Royal Wagenborg sign landmark CO2 carrier agreement to step up CCS game in the EU

Dutch shipowner and operator Royal Wagenborg and INEOS Energy, a London-based E&P business, have signed an agreement on the delivery of a new CO2 carrier.

about 1 year ago
OTEC Power Modules mounted on a barge for uncrewed operations. Source: Global OTEC
Business Developments & Projects

Global OTEC unveils ocean thermal energy solution for offshore platforms and wells

Global OTEC has launched its latest solution that uses ocean thermal energy conversion (OTEC) for the provision of sustainable power to offshore operations, including platforms and wells. According to Global OTEC, developed under the EU-funded PLOTEC project, its new OTEC Power Module is engineered

about 1 year ago
APM Terminals awards electrification contract for Maasvlakte II expansion
Business Developments & Projects

APM Terminals awards electrification contract for Maasvlakte II expansion

APM Terminals has chosen a consortium comprising ABB, Dura Vermeer and GMB to provide civil works and electrification for the expansion of the Maasvlakte II (MVII) container terminal in Rotterdam, the Netherlands.

about 1 year ago
Load-out of FCS for Jansz-Io compression project; Source: Hanwha Ocean
Business Developments & Projects

WATCH: South Korean shipyard wraps up load-out ops for key element of Chevron’s gas project

Hanwha Ocean is closing in on the sail-away of a field control station (FCS), destined for a subsea gas compression development off the coast of Western Australia.

about 1 year ago
Illustration. Source: DOF
Business & Finance

DOF secures additional 150 days in APAC region

Norwegian vessel owner DOF Group is set to spend 150 days in the Asia–Pacific (APAC) region in 2025 as part of an inspection, maintenance, and repair (IMR) and associated subsea services contract award. The scope includes project management, engineering, logistics support and all related subsea acti

about 1 year ago
Floatel Endurance; Source: Aker BP
Business Developments & Projects

Floatel wraps up 8-month gig at Aker BP’s Norwegian Sea field

One of the semi-submersible accommodation and construction support vessels from Floatel’s fleet has completed its mission at a field off the coast of Norway, which is operated by Norwegian E&P player Aker BP. Floatel Endurance’s deployment at the Skarv field in the Norwegian Sea has come to an end a

about 1 year ago
Two people inside an aluminum tank
Business Developments & Projects

GTT inks FSRU deal and sheds more light on new ballast distribution solution

French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by a South Korean shipyard to design tanks for a new floating storage and regasification unit (FSRU). The firm also shared additional details about the new design for liquefied natural gas (LNG) carrier tanks w

about 1 year ago
COP29
Authorities & Government

New initiative launched at COP29 to accelerate uptake of zero-emission fuels by 2030

At the 2024 UN Climate Change Conference (COP29) in Baku, Azerbaijan, global industry leaders have committed to increasing the uptake of zero or near-zero GHG emission shipping fuels to at least 5%, striving for 10%, by 2030.

about 1 year ago
Pictured (from left to right): Gary Scott (Commercial Manager & Legal Counsel, DeepOcean UK), Ian Mills (Managing Director, Exceed), Robin Mawhinney (Managing Director, DeepOcean UK), Bart Van De Laar
Business Developments & Projects

DeepOcean and EXCEED shake hands for vessel-based plug and abandonment

Norway-based ocean services provider DeepOcean and Scotland-based well management company EXCEED have entered a partnership to deliver vessel-based well plug and abandonment (P&A) services to the global decommissioning market. According to DeepOcean, the collaboration leverages the company’s subsea

about 1 year ago
MPA Singapore
Business Developments & Projects

MPA Singapore, SIPAC join forces on digital and green maritime innovation

The Maritime and Port Authority of Singapore (MPA) and China’s Suzhou Industrial Park Administrative Committee (SIPAC) have signed a Memorandum of Understanding (MoU) to collaborate on digital and green maritime innovation.

about 1 year ago
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