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Maersk and Danone collaborate to slash logistics emissions with sustainable shipping fuels
Business Developments & Projects

Maersk and Danone collaborate to slash logistics emissions with sustainable shipping fuels

Danish shipping giant A.P. Moller Maersk has partnered with Danone, a French multinational food-products corporation, to reduce logistics greenhouse gas (GHG) emissions by using Maersk’s decarbonization service. As disclosed, Danone will integrate Maersk ECO Delivery Ocean, a product based on reduce

about 1 year ago
Panama Canal
Market Outlooks

Panama Canal reaffirms commitment to a greener future

The Panama Canal Authority (ACP) has presented initiatives under development that would help ACP achieve the goal of becoming a carbon-neutral maritime route by 2050.

about 1 year ago
Unifeeder-chartered eco-friendly vessel Elbinsel christened
Vessels

Unifeeder-chartered eco-friendly vessel Elbinsel christened

Germany-based shipping company Elbdeich Reederei has christened the 1,380 TEU eco-friendly ship Elbinsel at the Port of Bützfleth.

about 1 year ago
Trion development concept; Source: Woodside
Business & Finance

SBM Offshore gives FSO job to Norwegian firm for deepwater oil project in Gulf of Mexico

SBM Offshore has placed an order with AXTech in relation to a floating storage and offloading (FSO) unit, which will be deployed at a deepwater oil project 30 km south of the Mexico-U.S. maritime border.

about 1 year ago
ABS delves into potential of nuclear propulsion on LNG carrier
Business Developments & Projects

ABS delves into potential of nuclear propulsion on LNG carrier

Classification society American Bureau of Shipping (ABS) has released a new report highlighting the potential of nuclear technology in the maritime industry through a study of a small modular reactor (SMR) on a standard LNG carrier. The study modeled by ABS and Herbert Engineering Corporation (HEC)

about 1 year ago
Petrobras keeps Baker Hughes busy with additional order for flexible pipe systems
Business & Finance

Petrobras keeps Baker Hughes busy with another order for flexible pipe systems

Brazil’s state-owned energy giant Petrobras has awarded additional contracts to energy technology company Baker Hughes for the delivery of flexible pipe systems and associated services across several pre-salt fields. As part of an agreement signed on October 15 following an open tender, the multi-ye

about 1 year ago
Port of Seattle completes shore power project at all cruise berths
Ports & Logistics

Port of Seattle completes shore power project at all cruise berths

The Port of Seattle has completed the shore power project at Pier 66, as part of the Northwest Ports Clean Air Strategy goal of electrifying all Seattle cruise berths.

about 1 year ago
EverLoNG concludes second carbon capture demonstration onboard LNG-powered ship
Business Developments & Projects

EverLoNG concludes second carbon capture demonstration onboard LNG-powered ship

The EverLoNG project, an initiative aiming to encourage the uptake of ship-based carbon capture (SBCC) by trialing its use onboard LNG-fueled ships, has completed the second demonstration campaign on Heerema Marine Contractors’ LNG-powered crane ship Sleipnir. The demonstration campaign began in Jun

about 1 year ago
Illustration; Source: Chevron
Business & Finance

Isle of Man-based oil & gas firm passes the operator baton to Chevron for offshore block in Uruguay

Challenger Energy Group (CEG) has wrapped up the divestment of a majority stake in a shallow water exploration block off the coast of Uruguay. As a result, Chevron Uruguay Exploration, a wholly-owned subsidiary of the U.S.-based energy giant Chevron, is the block’s new operator.

about 1 year ago
Terry Allan, CEO at nexos; Source: nexos
Authorities & Government

Op-ed: Different rules, same game – Thinking differently about UK’s energy future

Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).

about 1 year ago
Peru LNG terminal; Source: PLNG
Business & Finance

EIG-managed LNG player ups its stake in South America’s first LNG export terminal

EIG’s MidOcean Energy has boosted its interest in an LNG export plant, which is described as the inaugural facility of this type in South America, located in Pampa Melchorita, 170 kilometers south of Lima, Peru.

about 1 year ago
India and Germany forge green hydrogen ties
Authorities & Government

India and Germany forge green hydrogen ties

To promote the market ramp-up of green hydrogen and enhance cooperation in climate action and sustainable development, India and Germany have launched the “Indo-German Green Hydrogen Roadmap.”

about 1 year ago
Panama
Business & Finance

Despite fewer deep-draft transits, Panama Canal sails steady

Despite the climate challenges experienced during 2023 and 2024, the Panama Canal closed FY2024 with a total revenue of 4.99 billion PAB (approximately $4.89 billion), around 209 million PAB above budget and 18 million PAB more than the previous year. Getting into the fine print: the results up clos

about 1 year ago
Gothenburg
Collaboration

Gothenburg, Shanghai renew port agreement to intensify collaboration on sustainable transport

Sweden’s Port of Gothenburg and China’s Port of Shanghai have signed a renewed sister port agreement aimed at promoting and developing cooperation on growth and sustainability between the port authorities.

about 1 year ago
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