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MOL welcomes LNG-powered car carrier Cerulean Ace
Vessels

MOL welcomes LNG-powered car carrier Cerulean Ace

Japanese shipping major Mitsui O.S.K. Lines (MOL) has taken delivery of LNG-powered car carrier Cerulean Ace from compatriot shipbuilder Shin Kurushima Dockyard.

about 2 years ago
Northern Lights; Source: Sensorlink
Business & Finance

Shell hands out work on Northern Lights to Norwegian firm

Sensorlink has secured a corrosion monitoring contract with Shell for the Northern Lights carbon capture and storage (CCS) project.

about 2 years ago
Eni
Business & Finance

Perenco boosts its portfolio with Eni’s oil assets in Congo

Eni has wrapped up the sale of its participation interest in several oil permits in Congo, which it deems to be non-core assets.

about 2 years ago
Fugro PTSC
Business & Finance

Extended agreement to keep Fugro busy offshore Vietnam

Fugro has extended its Memorandum of Understanding (MoU) with PTSC Geos & Subesa Services (PTSC G&S) to provide site characterization services to support Vietnam’s offshore wind sector. Under the two-year agreement, Fugro’s full range of marine site characterization services will be deployed with PT

about 2 years ago
Oceanbird
Business Developments & Projects

A bird with six wings: Tender design finalized for world’s first wind-powered RoRo

Oceanbird revealed that a tender design for the world’s first wind-powered roll-on/roll-off (RoRo) vessel has been finalized.

about 2 years ago
Tadek backs Magallanes Renovables in delivering its first commercial-scale tidal energy array
Business & Finance

Tadek backs Magallanes Renovables in delivering its first commercial-scale tidal energy array

Spanish tidal energy developer Magallanes Renovables has partnered up with Tadek Ocean Engineering for support related to its first commercial-scale tidal energy array. Magallanes secured two contracts in Contracts for Difference (CfD) allocation rounds – the first at the Morlais Demonstration Zone

about 2 years ago
ETAP in North Sea; Source: BP
Business & Finance

Battle for work-life balance continues, as workers gear up for strike action across multiple UK offshore platforms

This wave of strike action will hit several platforms operated by BP, TAQA, CNR, Repsol, Serica, and CNOOC.

about 2 years ago
Japanese hybrid power cable lay & construction vessel to sport Huisman cranes
Business & Finance

Japanese hybrid power cable lay & construction vessel to sport Huisman cranes

Norway’s VARD has awarded Dutch Huisman with a contract to deliver two subsea cranes for a highly customized hybrid power cable lay and construction vessel that it is building for what it says is a leading Japanese construction company. Huisman will deliver a full electric 250mt hybrid boom subsea c

about 2 years ago
DSIC orders GTT tank design for two LNG carriers
Business Developments & Projects

Dalian Shipbuilding starts construction of CMES LNG carrier duo

China’s Dalian Shipbuilding Industry Company (DSIC) has officially started building two 175,000 cubic meter LNG carriers (LNGCs) for compatriot China Merchants Energy Shipping (CMES). The construction began on March 1 and 4 respectively, DSIC announced, noting that the LNGCs are the third and fifth

about 2 years ago
Oil sheen off Huntington Beach; Source: U.S. Coast Guard
Authorities & Government

Oil sheen off California remains a mystery with no definitive source pinpointed

While samples were collected, analyses were “unable to definitively identify the oil source,” according to the U.S. Coast Guard.

about 2 years ago
costs
Infrastructure

Shipping’s EU ETS costs could nearly triple due to Red Sea crisis, OceanScore says

The Red Sea shipping crisis could result in nearly tripled costs for shipping companies in 2024 due to significantly higher exposure to the EU Emission Trading System (EU ETS).

about 2 years ago
tanker
Vessels

HD KSOE seals $525.4 million deal to build oil tanker quartet

South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received a contract to build four oil tankers from an undisclosed shipping company in Europe.

about 2 years ago
Boskalis USA
Business & Finance

Boskalis reports record 2023 with 150% net profit increase; Half of offshore energy revenue came from offshore wind

Boskalis’s offshore energy division saw 50% of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on March 7. Company-wide, Boskalis reported a 20% increase in revenue and a 150% higher net profit than in 2022.

about 2 years ago
Oman LNG and Hitachi Zosen form methanation partnership
Business Developments & Projects

Oman LNG and Hitachi Zosen form methanation partnership

Oman LNG and Japanese engineering and technology company Hitachi Zosen Corporation have concluded a memorandum of understanding (MoU) to cooperate in the field of methanation as part of the carbon recycling, hydrogen, ammonia, and methanation collaboration between the Japanese and Omani governments.

about 2 years ago
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