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Stena RoRo
Vessels

Stena RoRo: New LNG-electric ferry fitted with ‘world’s largest battery’ delivered

Swedish shipping company Stena RoRo has taken delivery of a new E-Flexer roll-on/roll-off passenger (RoPax) vessel, which will be powered multi-fuel engine and a battery package, from the Chinese shipyard CMI Jinling (Weihai).

about 1 year ago
Disney Cruise Line welcomes second LNG-powered ship
Business Developments & Projects

Disney Cruise Line welcomes second LNG-powered ship

German shipbuilder Meyer Werft has delivered the second LNG-powered cruise ship, Disney Treasure, to U.S.-based Disney Cruise Line. Disney Treasure was delivered on October 24, 2024, earlier than contractually agreed, according to Meyer Werft. The ship featuring 1,240 cabins, a size of 144,000 GT, a

about 1 year ago
Viridien and SLB's first Australian partnership looks into exploration and carbon storage potential
Business & Finance

Viridien and SLB’s first Australian partnership looks into exploration and carbon storage potential

France-based geophysical services company Viridien, formerly known as CGG, and American oilfield services company SLB have partnered for the first time in Australia to gather data into the exploration and carbon storage potential of the Bonaparte Basin. Viridien reported on October 24 that the partn

about 1 year ago
Mitsubishi links up with Idemitsu for joint study on low-carbon ammonia
Business Developments & Projects

Mitsubishi links up with Idemitsu for joint study on low-carbon ammonia

Japanese companies Idemitsu Kosan and Mitsubishi Corporation have entered into an agreement to jointly study the efficient operation of clean ammonia carriers and transshipment terminals as well as the structuring of a low-carbon ammonia supply chain. In addition to the efficient operation of clean

about 1 year ago
revolution
Automation

The dawn of the Fifth Industrial Revolution in shipping is here

The shipping industry is currently undergoing a transformation shaped by innovations in naval architecture, green technology and digital technology, all enabling a new industrial revolution, according to Christopher J. Wiernicki, Chairman and CEO of class society ABS.

about 1 year ago
Transocean Spitsbergen rig; Source: Transocean
Business & Finance

Transocean rigs clinch $1.3 billion in offshore drilling gigs

Transocean has got hold of a new batch of contracts and extensions in the U.S. Gulf of Mexico, India, Norway, and Australia for six floaters, encompassing four drillships and two semi-submersible rigs.

about 1 year ago
HydroQuest’s concept for its next-gen 2.5MW tidal turbines (Courtesy of HydroQuest)
Business & Finance

Innovation Fund backs 29 MW tidal power expansion in Normandy with €51M

French tidal energy company HydroQuest and tidal energy developer Normandie Hydroliennes have secured €51 million in Innovation Fund grants to advance two tidal energy projects in France’s Raz Blanchard. The funding, awarded under the Innovation Fund’s 2023 call, emphasizes the role of European sup

about 1 year ago
CIMC SOE
Collaboration

CIMC SOE lays keel for new 21,000 dwt dual-fuel container vessel

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has laid the keel for a 1,450 TEU dual-fuel containership. The ceremony was held on the company’s West Area Shipway on October 18, 2024, after which full-scale construction work on the new vessel is to proceed. Offshore E

about 1 year ago
Crowley
Business & Finance

Carbon Ridge secures funding to advance development of its OCCS technology

U.S.-based developer of modular onboard carbon capture and storage solutions Carbon Ridge has raised $9.5 million in funding to advance the commercial demonstration of its patent-pending onboard carbon capture and storage solution (OCCS).

about 1 year ago
SF Bay Ferry secures $12 million state grant for Harbor Bay ferry route electrification
Business & Finance

SF Bay Ferry secures $12 million state grant for Harbor Bay ferry route electrification

Public ferry service provider San Francisco Bay Ferry (SF Bay Ferry) has received a $12.5 million grant to set up electric vessel charging infrastructure at the Harbor Bay Ferry Terminal in Alameda as part of the Rapid Electric Emission-Free Ferry (REEF) Program. SF Bay Ferry’s REEF Program includes

about 1 year ago
Montreal Port
Business & Finance

Montreal Port Authority makes progress on pathway to carbon neutrality

In a bid to enhance energy efficiency and reduce its carbon footprint as part of broader strategy objectives, Canada’s Montreal Port Authority (MPA) has entered into a strategic partnership with SOFIAC, a local investment fund specializing in decarbonization.

about 1 year ago
Thylacine platform in the Otway Basin; Source: Beach Energy
Business & Finance

More gas flows to Australian market as Beach Energy brings offshore duo on stream

Beach Energy has started production from two wells in the Otway Basin in Commonwealth waters, approximately 65 km southwest of the Victorian coastline.

about 1 year ago
TotalEnergies assigns more work to Shearwater offshore Angola
Business & Finance

TotalEnergies assigns more work to Shearwater offshore Angola

Norwegian marine geoscience and technology company Shearwater GeoServices has secured its second contract with French energy giant TotalEnergies for a project offshore Angola. The project will include a three-month deepwater ocean bottom node (OBN) survey covering the Golfinho and Cameia fields, loc

about 1 year ago
Amsterdam and Den Helder ports firm up cooperation to accelerate energy transition
Business Developments & Projects

Amsterdam and Den Helder ports firm up cooperation to accelerate energy transition

Port of Amsterdam and Port of Den Helder have decided to strengthen their cooperation on energy transition, offshore wind, and hydrogen through a new memorandum of understanding (MoU). The Dutch ports signed the MoU on October 23, 2024, to intensify their collaboration in the areas of commerce, oper

about 1 year ago
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