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Scotland to buy seven electric ferries
Vessels

Scotland to buy seven electric ferries

The Scottish Government has decided to buy seven electric ferries for its island communities.

about 2 years ago
K Line and Gram Car Carriers target emissions reduction through biofuel use
Business Developments & Projects

K Line and Gram Car Carriers target emissions reduction through biofuel use

In line with efforts to reduce emissions, K Line has decided to use biofuel on three vessels chartered from Gram Car Carriers (GCC).

about 2 years ago
EU project focused on environmental monitoring of ocean energy devices gets another extension
Business & Finance

EU project focused on environmental monitoring of ocean energy devices gets another extension

The EU-backed SafeWAVE project, which has the aim of overcoming some of the non-technological barriers that could hinder the future development of ocean energy, has been extended until December 2024. The extension of the Streamlining the Assessment of Environmental Effects of Wave Energy (SafeWAVE)

about 2 years ago
Port of Barcelona launches onshore power supply system in container terminal
Ports & Logistics

Port of Barcelona launches onshore power supply system in container terminal

The Port of Barcelona has opened its first onshore power supply system (OPS) at Hutchison Ports BEST container terminal.

about 2 years ago
Illustration; Source: Staatsolie
Business & Finance

QatarEnergy joining Chevron in block offshore Suriname ahead of drill-or-drop commitment

QatarEnergy has inked a deal with Chevron to acquire an interest in a production-sharing contract (PSC) for a block offshore Suriname.

about 2 years ago
Saipem to supervise natural gas pipeline between Libya and Italy
Business & Finance

Saipem to supervise gas pipeline it laid between Libya and Italy in early 2000s

Italy’s Saipem has been appointed to supervise and provide subsea intervention services for the offshore and onshore sections of a natural gas pipeline connecting Libya and Italy through the Mediterranean Sea. Under the contract secured with GreenStream BV, a midstream player in the Mediterranean Se

about 2 years ago
France LNG Shipping signs another LNGC charter agreement with EDF
Business & Finance

NYK acquires majority stake in ENEOS Ocean’s new business

NYK and ENEOS Ocean have agreed to NYK’s acquisition of 80% of the shares of a new company to be established by ENEOS Ocean.

about 2 years ago
ITOCHU, MPA, and partners to jointly study ammonia-fueled bulk carriers
Business Developments & Projects

ITOCHU, MPA, and partners to jointly study ammonia-fueled bulk carriers

ITOCHU, ClassNK, Nihon Shipyard, and MPA Singapore have signed an MoU for a joint study of ammonia-fueled bulk carriers.

about 2 years ago
FPSO Bacalhau; Source: Equinor
Authorities & Government

MODEC’s Brazil-bound FPSO sets the bar on sustainability for newbuild units of this type

MODEC has celebrated the approval in principle (AiP) bestowed upon its FPSO vessel for Abate Notation from the classification society DNV.

about 2 years ago
Canada boosts green shipping corridor projects with fresh funding
Business & Finance

Canada boosts green shipping corridor projects with fresh funding

The Government of Canada has awarded $1.7 million in funding to fourteen projects under the Green Shipping Corridor Program’s Clean Vessel Demonstration program.

about 2 years ago
CMA CGM partners with Google to ‘lead the digital revolution in shipping’
Collaboration

CMA CGM partners with Google to ‘lead the digital revolution in shipping’

French container and logistics company CMA CGM and American corporation Google have embarked on a strategic partnership to accelerate the integration of artificial intelligence (AI) across CMA CGM’s operations worldwide.

about 2 years ago
'Significant progress' on converter station sites for first France-Ireland interconnector
Business & Finance

‘Significant progress’ on converter station sites for first France-Ireland interconnector

The construction works for Celtic Interconnector, the first interconnector between Ireland and France, are well underway, with converter station sites on both sides of the project achieving “significant progress”, Irish transmission system operator (TSO) EirGrid reported. On the Irish side in Ballya

about 2 years ago
Illustration; Source: Enauta
Business & Finance

Brazilian players eye merger closing date in two weeks

Brazil’s Enauta and 3R Petroleum Óleo e Gás have shared the indicative timeframe for making their proposed merger official.

about 2 years ago
Nigeria LNG
Business & Finance

With Shell shedding Nigerian onshore business, TotalEnergies follows suit to pursue LNG and offshore oil & gas opportunities

TotalEnergies has made its move to divest interests in the SPDC joint venture (JV) seven months after Shell did the same. However, the French player will retain its stake in gas supply to Nigeria LNG (NLNG), as liquefied natural gas (LNG), alongside offshore oil and gas assets, are part of the firm’

about 2 years ago
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