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Damen
Infrastructure

Damen lays keel for two BC Ferries’ all-electric vessels

Damen Shipyards Galati, part of the Dutch Damen Group, has laid the keel for the first two of four fully electric ferries for Canadian ferry operator BC Ferries.

about 1 year ago
Hapag-Lloyd welcomes another LNG dual-fuel 23,600 TEU containership
Business Developments & Projects

Hapag-Lloyd welcomes another LNG dual-fuel 23,600 TEU containership

German shipping major Hapag-Lloyd has added another Hamburg Express Class 23,660 TEU containership to its fleet.

about 1 year ago
Chevron's Anchor deepwater project in Gulf of Mexico; Source: Chevron
Business & Finance

Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips get their hands on total profits of more than $29 billion

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during th

15 minutes read
Port of Rotterdam
Ports & Logistics

Port of Rotterdam introduces location-based technology to curb CO2 emissions

The Port of Rotterdam has decided to introduce a new geofence system, which is part of the first phase of the Just-in-Time sailing project aimed at reducing CO2 emissions and improving ship movement efficiency.

about 1 year ago
HD HHI
Business Developments & Projects

HD HHI kicks off autonomous ship demonstration off Ulsan

South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) is conducting collision avoidance and remote control maritime demonstration of autonomous ships.

about 1 year ago
Source: HEXA Renewables, screenshot.
Business & Finance

HEXA Renewables commissions ‘world’s largest’ offshore floating solar plant in Taiwan (Video)

Singapore-based HEXA Renewables, in partnership with Taiwan’s government and backed by global infrastructure fund I Squared Capital, has commissioned the “world’s largest offshore floating solar power plant” in Changhua County, Taiwan. Spanning 347 hectares across four plots, the 373 MWac (megawatt

about 1 year ago
Chinese LNG bunkering player expands into European market
Business Developments & Projects

Chinese LNG bunkering player expands into European market

China Marine Bunker (PetroChina) (CHIMBUSCO), a Chinese physical supplier of marine fuel, has completed its first LNG bunkering operation in Europe, marking the official expansion of its alternative energy services to overseas markets. As disclosed, CHIMBUSO’s inaugural LNG bunkering operation in Eu

about 1 year ago
Rendering of gravity-based structure (GBS) design (for illustration); Source: Aker Solutions
Business & Finance

Crown taking charge of LNG import terminals in UK and India

Crown LNG has concluded acquisition agreements related to two liquefied natural gas (LNG) import terminal projects, one in India and the other one in Scotland’s Firth of Forth.

about 1 year ago
Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf
Business & Finance

Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, is extending its subsea construction capabilities into the Middle East with the award of a maiden contract in the Arabian Gulf. POSH has secured a subsea umbilicals, risers and flow

about 1 year ago
PNG LNG; Source: ExxonMobil PNG
Business & Finance

NOC’s enlargement of its share in ExxonMobil’s project enables Chevron to get more LNG

Kumul Petroleum Holdings Limited (KPHL), the national oil company (NOC) of Papua New Guinea, has put the finishing touches on its acquisition of an additional stake in ExxonMobil’s liquefied natural gas (LNG) project located in Oceania.

about 1 year ago
A visualization of the now-operational Hywind Sctoland floating wind farm with mooring and cables shown
Business & Finance

TechnipFMC, Prysmian join forces on ‘complete water column solution’ for floating wind

TechnipFMC and Prysmian have signed a collaboration agreement to combine their technologies and expertise and deliver what the two companies say is a complete water column solution for floating wind projects. The solution encompasses mooring and anchoring and both dynamic inter-array and export cabl

about 1 year ago
Vast and GGS Energy to collaborate on methanol production in US
Business Developments & Projects

Vast and GGS Energy to collaborate on methanol production in US

Vast Renewables has signed a development services agreement with GGS Energy to pursue methanol production in the Southwest United States (U.S.).

about 1 year ago
New project for turning CO2 from smelters into renewable marine fuel launched in Iceland
Business Developments & Projects

New project for turning CO2 from smelters into renewable marine fuel launched in Iceland

Supported by technology and engineering companies Siemens Energy and Mitsubishi Heavy Industries, a new project seeking to capture more than one million tons per year of CO2 that will be used to produce renewable fuel for the maritime industry has been launched in Iceland. The so-called Carbon Icela

about 1 year ago
Shelf Drilling Krathong rig; Source: Shelf Drilling
Business & Finance

Shelf Drilling rig pair staying two more years with Chevron

UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF) has landed long-term extensions with Chevron Thailand Exploration and Production, a subsidiary of the U.S. oil major Chevron, for assignments two of its jack-up rigs are working on off the coast of Thailand. These two-year contract

about 1 year ago
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