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Rotterdam-Singapore route: Pricing and availability of green fuels still need improvement to meet future demand
Ports & Logistics

Rotterdam-Singapore route: Pricing and availability of green fuels still need improvement to meet future demand

Based on current order books, the potential demand for sustainable variants of methane and methanol for containerships on the Rotterdam-Singapore route could reach up to 5 million tonnes per year in 2028.

about 1 year ago
TCP Jumper; Source: Strohm
Business & Finance

McDermott puts Strohm’s ‘ideal solution’ in place at deepwater project offshore Malaysia

Strohm has provided field service support during the subsea installation of its TCP jumpers, which the U.S.-headquartered McDermott carried out from the pallets at a deepwater Sabah project located off the coast of Malaysia.

about 1 year ago
A worker in orange uniform and white head protection from Ocean Geophysics
Business Developments & Projects

Dutch offshore wind sector getting new certification boost as workforce demand spikes for offshore ops in UXO domain

After establishing a team to handle the workload, the UK-headquartered Ocean Geophysics has introduced certification support related to the Certification Scheme for the Detection of Explosive Remnants of War (CS-OOO) in the Netherlands to address the rising demand for professionals in unexploded ord

about 1 year ago
West Capella drillship; Source: Seadrill
Business & Finance

2008-built ultra-deepwater drillship returns to Seadrill’s fold ahead of first foray into South Korea

Seadrill has brought a sixth-generation ultra-deepwater dual-activity drillship back under its management wing before the rig embarks on its first-ever drilling assignment in an East Asian nation on the southern half of the Korean Peninsula.

about 1 year ago
Aquaterra Energy’s Recoverable Abandonment Frame technology
Business Developments & Projects

UK firm sets the stage for offshore CCS and hydrogen storage with new well re-entry and re-abandonment tool

UK-headquartered offshore energy engineering solutions provider Aquaterra Energy has unveiled a solution, said to cut costs and save time during legacy well abandonment activities, to lend a helping hand in enabling the era of offshore storage for hydrogen and carbon capture and storage (CCS) projec

about 1 year ago
An illustration of a vessel at dock featuring digital technology elements
Business & Finance

Gazocean smartens up LNG tanker fleet with compatriot firm’s digital solution

Gazocean, a French firm specializing in the technical management of liquefied natural gas (LNG) carriers, has selected the Smart Shipping solution developed by Ascenz Marorka, a compatriot GTT Group company, for its six-vessel fleet.

about 1 year ago
E-fuel
Business Developments & Projects

Major investment aims to drive progress with decarbonization via synthetic fuels production

Japan’s shipping giant Mitsui O.S.K Lines (MOL) is to invest in U.S.-based e-fuels producer HIF Global through its wholly-owned subsidiary MOL Clean Energy aiming to reduce carbon emissions by promoting the establishment of a ‘robust’ e-fuel and CO2 supply chain. As informed, HIF Global has already

about 1 year ago
An aerial view of a circular offshore platform surrounded by several smaller vessels
Business & Finance

TotalEnergies to supply ‘world’s largest LNG importing country’ with natural gas until 2034

France’s energy giant TotalEnergies has landed a five-year extension of its liquefied natural gas (LNG) sales and purchase agreement (SPA) with Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC).

about 1 year ago
Babcock wins LR’s nod for ammonia release recovery system
Business Developments & Projects

Babcock wins LR’s nod for ammonia release recovery system

Babcock’s LGE business has received approval in principle (AiP) from the classification society Lloyd’s Register for its ammonia release recovery system, ecoVARSTM.

about 1 year ago
Lake Charles LNG; Source: Energy Transfer
Business & Finance

French-US pair bag over $1 billion for revamp project to bring America’s LNG import terminal new lease on life as large export facilities

Technip Energies and KBR has been put in charge of repurposing a liquefied natural gas (LNG) import and regasification terminal, located on Louisiana’s Gulf Coast, into what has been envisioned to become one of the largest LNG facilities in the United States.

about 1 year ago
Maersk
Authorities & Government

Maersk CEO: Global regulator must ensure price parity between green and fossil fuels

Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.

about 1 year ago
NKT construction of the third extrusion tower is soaring to new heights at the Swedish high voltage factory, where the slipform casting of concrete continues towards the final height of 200 meters; So
Business & Finance

NKT hits 100-meter mark for addition to its huge subsea power cable factory

NKT has made inroads in the construction of a new cable extrusion tower for a power cable factory in Karlskrona, Sweden, which is expected to be the world’s largest high-voltage offshore power cable factory after completion.

about 1 year ago
DNV okays HMD’s 60,000 cbm LPG/NH3/VCM carrier design
Certification & Classification

DNV okays HMD’s 60,000 cbm LPG/NH3/VCM carrier design

South Korean shipbuilder HD Hyundai Mipo Dockyard (HMD), a subsidiary of HD Korea Shipbuilding & Offshore Engineering (HD KSOE), has obtained approval in principle (AiP) from classification society DNV for its innovative 60,000 cbm LPG/NH3/VCM carrier design.

about 1 year ago
European Comission
Outlook & Strategy

European Commission approves joint control of France LNG Shipping

The European Commission has granted approval for the joint acquisition of France LNG Shipping (FLS) by a consortium including Japanese shipping colossal NYK, French shipowner Geogas Maritime and compatriot infrastrucure fund manager DIF Management, as well as capital market company Marigold, a subsi

about 1 year ago
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