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HD Hyundai launches next-gen smart ship solution to enhance vessel efficiency
Technology

HD Hyundai launches next-gen smart ship solution to enhance vessel efficiency

South Korean heavyweight HD Hyundai has unveiled new next-generation smart ship solution to support the efficiency of the vessels.

about 1 year ago
Darwin LNG; Source: Santos
Business & Finance

Santos secures $800 million loan to wrap up life extension works at Australian LNG project

Santos has obtained the required financing to complete all the tasks on a liquefied natural gas (LNG) project’s life extension checklist and start production from its gas development project off the coast of Australia, which will backfill Darwin LNG (DLNG) for up to two decades.

about 1 year ago
New LNG dual-fuel tanker to back Minerva Bunkering operations in Singapore
Business Developments & Projects

New LNG dual-fuel tanker to back Minerva Bunkering operations in Singapore

Marine fuels supplier Minerva Bunkering has taken delivery of a new LNG dual-fuel bunker tanker that will support the company’s operations in the port of Singapore. The 8,000 dwt vessel named Amalthea was built by Jinagmen Hangtong Shipyard in China and officially delivered to Minerva Bunkering at a

about 1 year ago
Firefighting operation related to the stricken Annika oil tanker in the Baltic Sea; Source: Die Seenotretter - DGzRS
Authorities & Government

Black smoke billows out as fire burns at oil tanker off Germany’s Baltic Sea coast

A seven-member crew has been evacuated and taken ashore after a fire broke out in the engine room of an oil tanker off the coast of Germany, however, efforts continue to put out the blaze.

about 1 year ago
Rendering of Scarborough FPU
Business & Finance

Massive $12.5B gas project over two-thirds done as Saipem puts in ‘critical piece of infrastructure’ offshore Australia

Woodside is continuing to make inroads in developing its giant energy project off the coast of Australia.

about 1 year ago
Sabratha platform; Source: Mellitah Oil & Gas
Business & Finance

Libyan player looking for contractors for offshore platform job

Mellitah Oil & Gas (MOG) Libyan Branch, a consortium formed by the National Oil Corporation of Libya and Eni North Africa, has invited interested engineering, procurement, construction, and commissioning (EPCC) firms experienced in offshore production fixed platform systems to express their interest

about 1 year ago
Anthony Veder installs ‘first’ wind-assisted propulsion systems on gas carrier
Business Developments & Projects

Anthony Veder installs ‘first’ wind-assisted propulsion systems on gas carrier

Dutch gas shipping company Anthony Veder has launched two VentoFoils sails on ethylene carrier Coral Patula, delivered by compatriot Econowind.

about 1 year ago
global bulker fleet
Market Outlooks

Global bulker fleet ‘slows down’ in response to decarbonization regulations, new research says

Amid growing global calls for achieving climate neutrality, the bulk carrier sector is seeing a downturn in average speeds, resulting in a decrease of 2.5% in carbon emissions since the beginning of 2021, a new white paper published by Veson Nautical, a London-based provider of maritime freight mana

about 1 year ago
Illustration/The AR1500 tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Business Developments & Projects

MeyGen tidal project prepares for turbine installation and platform recovery

SIMEC Atlantis Energy has scheduled subsea works at the MeyGen Tidal Array in Scotland’s Pentland Firth for late October, aiming to install a tidal turbine and recover monitoring equipment. SIMEC Atlantis Energy is set to carry out subsea operations at its MeyGen Tidal Array site in Scotland’s Pentl

about 1 year ago
Hurtigruten
Business Developments & Projects

Hurtigruten unveils updated plans for its zero-emission cruise ship

Norwegian coastal cruise ferry company Hurtigruten has shared new renderings and updated plans for its Sea Zero project—the zero-emission ship scheduled to debut in 2030.

about 1 year ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Authorities & Government

ConocoPhillips hires Sea1 Offshore vessels to support Transocean rig’s drilling ops

ConocoPhillips has picked anchor handling tug supply vessels (AHTSVs) for its upcoming Otway exploration drilling program (OEDP) in 2025, which will be done with a semi-submersible rig owned by Transocean, a Switzerland-based offshore drilling contractor.

about 1 year ago
A large vessel at sea with a smaller vessel accompanying it
Business & Finance

US offshore crewing player enters second country in ‘booming’ Caribbean oil & gas market

Core Group Resources (CGR), a Texas-based firm specializing in the provision of personnel for, among others, the offshore industry, has acquired Guyana’s provider of personnel and operational support for the oil and gas industry Core Nations, previously known as Nations.

about 1 year ago
New EU-funded project launched to replace fossil fuels in maritime transport
Business Developments & Projects

New EU-funded project launched to replace fossil fuels in maritime transport

A group of eleven European partners has launched a new project that seeks to replace the use of fossil fuels and reduce emissions and marine pollution, leading to the decarbonization of maritime transport. The project named MARPOWER (Efficient zero-emissions gas turbine POWER system for MARitime tra

about 1 year ago
MEO Group and Taihan MoU
Business & Finance

MEO Group and Taihan Cable & Solution sign offshore wind MoU

Myclin Express Offshore (MEO Group) and South Korea’s Taihan Cable & Solution have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects. Together, MEO Group and Taihan plan to foster collaboration on offshore wind projects, especially in South Korea, with the deploymen

about 1 year ago
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