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Several people on stage at a steel-cutting ceremony
Business & Finance

Chinese shipbuilder breaks ground for LNG vessel pair ordered by CNOOC and Petronas

Chinese shipbuilder Hudong-Zhonghua has held a steel-cutting ceremony for two liquefied natural gas (LNG) carriers it is building for a Malaysian and a Chinese client.

about 1 year ago
FPSO Atlanta; Source: Yinson Production
Business & Finance

US firm enters Latin America’s oil & gas playground as its Brazilian partner in two offshore fields sets restart date for another asset

Houston-based Westlawn has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The firm’s new partner, Brava Energia, former 3R Petroleum before the merger with Enauta, has welcomed the company to Brazil and revealed a timeline for

about 1 year ago
ABS greenlights SHI’s liquefied hydrogen carrier design
Certification & Classification

ABS greenlights SHI’s liquefied hydrogen carrier design

Classification society ABS has issued general design approval (GDA) to Samsung Heavy Industries (SHI) for its detailed design of a liquefied hydrogen carrier.

about 1 year ago
Kiel marks its 100th shore power call of 2024 as AIDAnova plugs in at Ostseekai
Business Developments & Projects

Kiel marks its 100th shore power call of 2024 as AIDAnova plugs in at Ostseekai

LNG-powered AIDAnova has called at Kiel’s Ostseekai, marking the 100th cruise ship to be connected to the port of Kiel’s shore power facilities in 2024.

about 1 year ago
ports
Collaboration

Hamburg, Busan and Ulsan ports team up on clean fuels on path to greener maritime future

Germany’s Hamburg Port Authority (HPA) has signed a joint declaration of intent with the South Korean Busan Port Authority (BPA) and Ulsan Port Authority (UPA) to collaborate on the decarbonization of maritime transport in the future.

about 1 year ago
Topside structure of an offshore plant manufactured by Dyna-Mac; Source: Hanwha Ocean
Business & Finance

Hanwha Ocean making $450 million play for Singaporean FPSO player

Hanwha Ocean has put the wheels in motion to expand its capacity in this arena by taking full control over Singapore-based offshore builder Dyna-Mac.

about 1 year ago
Northern Lights: ‘World’s first’ cross-border CO2 transport and storage facility is officially open
Business Developments & Projects

Northern Lights: ‘World’s first’ cross-border CO2 transport and storage facility is officially open

Northern Lights CO2 transport and storage facility, a joint venture (JV) of energy majors Shell, Equinor, and TotalEnergies, has been completed, marking “an important milestone for the global development of a business model for carbon capture, transport, and storage”. The official opening ceremony o

about 1 year ago
Digitalization is one of the growing decarbonization trends, which helps curb the vessels' greenhouse gas (GHG) emissions footprint; Source: Opsealog
Business & Finance

Interview with Opsealog: Power of digitalization levels up vessels’ energy efficiency game as shipping regulations tighten their grip on fleets’ emissions

France’s Opsealog paints a picture of the offshore supply vessel (OSV) future rich with evolving technologies, a blossoming array of propulsion tools, and decarbonization gains.

13 minutes read
World Maritime Day
Safety

World Maritime Day 2024: steering toward a safer future amid rapid maritime transformations

As the maritime community prepares to navigate the waters of change, 2024’s World Maritime Day, celebrated on September 26, has brought the theme “Navigating the future: safety first” to the forefront, spotlighting the significance of safety at sea in an era of considerable transformations and new r

about 1 year ago
COSCO Shipping’s newest LNG dual-fuel PCTC embarks on maiden voyage
Business Developments & Projects

COSCO Shipping’s newest LNG dual-fuel PCTC embarks on maiden voyage

MV Gan Jiang Kou, the newest LNG dual-fuel pure car and truck carrier (PCTC) operated by COSCO Shipping Specialized Carriers, a unit of China’s COSCO Shipping Group, has officially set sail on its maiden voyage. Following the recent naming ceremony, the 200-meter-long Gan Jiang Kou embarked on its f

about 1 year ago
The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched, aiming to accelerate system integration and storage solutions for offsho
Business Developments & Projects

Offshore renewable energy SMEs to benefit as new DMEC-led project launches, targeting sector support

The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched, aiming to accelerate system integration and storage solutions for offshore renewable energy (ORE). Targeting small and medium-sized enterprises (SMEs), the program will off

about 1 year ago
CBM.TECH
Collaboration

CSSC, CMB.TECH join forces on green-fueled ships, low-carbon technologies

Qingdao Beihai Shipbuilding Heavy Industry (BSIC), part of China State Shipbuilding Corporation (CSSC) has signed a strategic cooperation agreement with CMB.TECH and held a naming ceremony for two bulkers being built for the Belgium-based shipowner.

about 1 year ago
Hail and Ghasha mega gas development concept; Source: ADNOC
Business & Finance

WATCH: First steel cut for mega gas project set on zero-emission ops by entwining smart tech, carbon capture, hydrogen, nuclear, and renewable power

The UAE’s ADNOC has held a ceremony to mark the cutting of the first steel for structures that will be placed at a massive sour gas development off the coast of the United Arab Emirates (UAE), which is envisioned to have fully unmanned offshore facilities and operate with zero emissions.

about 1 year ago
€24 million investment comes in, €80 million on the table for UK’s first HVDC cable factory
Business & Finance

€24M investment comes in, €80M on the table for UK’s first HVDC cable factory

UK-based XLCC, founded in 2020, has secured £20 million (almost €24 million) from the UK Infrastructure Bank (UKIB) that will be invested in the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland, with an option for a further £67 million (approximately €80.3 millio

about 1 year ago
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