Classification society Bureau Veritas (BV) and South Korean shipbuilder Hanwha Ocean have completed a joint development project (JDP) for the development of a 270,000 cubic meter (cbm) LNG carrier, resulting in certification of the hull design.
A research team from National Korea Maritime & Ocean University in South Korea has developed a new control method that can optimize autonomous ship navigation.
Asyad Shipping, part of Asyad Group, and classification society Lloyd’s Register (LR) have partnered to deliver the Omani national shipping company’s first Environmental, Social and Governance (ESG) report, in line with the established Global Reporting frameworks.
Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 mil
The Egyptian government has signed seven memoranda of understanding (MoU) with international developers to set up green hydrogen and renewable energy projects in the Suez Canal Economic Zone (SCZONE).
Texas LNG has received sufficient expressions of interest from project finance banks to move to the execution phase of project financing.
Marine energy technology company Minesto has inked a collaborative agreement with Hydrokite Project Development, an ocean current and tidal energy project developer, to bring its technology to markets in Australia and New Zealand. The broadened market presence in Australia and New Zealand is directe
Offshore drilling contractor Dolphin Drilling has decided to sell one of its semi-submersible rigs for scrap to further enhance its fleet.
Norway-based energy storage company Corvus Energy has received a contract to provide a battery energy storage system onboard Magellan Discoverer, the first hybrid diesel-electric vessel to be constructed in South America.
Damen Marine Components (DMC), a Dutch supplier of maneuvering systems, has been contracted to supply rudder systems for four pure car and truck carriers (PCTC) ordered by China’s BYD, the world’s biggest electric vehicle (EV) maker.
Australia’s green energy firm Fortescue, with the support from the Maritime and Port Authority of Singapore (MPA), government agencies, research institutes, and industry partners, has conducted what it says to be the world’s first use of ammonia as a marine fuel onboard ammonia-powered vessel.
TotalEnergies EP Brasil has handed out new contracts for two platform supply vessels (PSVs) to Siem Offshore do Brasil.
Baker Hughes has joined forces with BP to bring a new application for the upstream oil and gas sector to life as part of its emissions abatement technology.
Equinor has received consent to deploy one of Transocean’s rigs for exploration activities in the Barents Sea.
