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Floating solar poised to play 'critical role' in land-lacking Southeast Asia
Business & Finance

Floating solar poised to play ‘critical role’ in land-lacking Southeast Asia

With a lack of suitable sites for onshore solar farms intensifying the need for innovative solutions, floating solar is expected to play a key role in Southeast Asia’s solar expansion, according to Rystad Energy research. Solar photovoltaic (PV) capacity additions are poised to be a central pillar o

about 2 years ago
Glomar worker, Rovco grows fleet with new survey vessel
Business & Finance

In response to client demand, Rovco grows fleet with new survey vessel

UK-based Rovco has added a second hull-mounted survey vessel to its fleet, a move said to come in response to client demand for geophysical and geotechnical survey solutions. Rovco has entered into a four-year charter agreement with Glomar for the DP2 vessel Glomar Worker. “We are delighted with our

about 2 years ago
China’s first ammonia/diesel dual-fuel tug enters construction phase
Business Developments & Projects

China’s first ammonia/diesel dual-fuel tug enters construction phase

Dalian COSCO Shipping Heavy Industry has kicked off construction of China’s first ammonia/diesel dual-fuel-powered 5500HP azimuth-stern drive (ASD) tug as part of COSCO Shipping Heavy Industry’s project “R&D and Demonstration Application of Ammonia-powered Dual-fuel Engine and Supply System”. Accord

about 2 years ago
Gas Vitality
Business Developments & Projects

Gas Vitality marks 100th LNG bunkering operation

The Gas Vitality liquefied natural gas (LNG) bunker vessel marked the beginning of the New Year with the completion of its 100th bunkering operation. The 18,600m3 LNG bunker vessel carried out simultaneous operations (SIMOPS) for LNG bunkering, transferring 8,000 m3 of LNG to the MSC Freya, an MSC c

about 2 years ago
FPSO Bacalhau; Source: Equinor
Business & Finance

With departure of FPSO modules, Aibel wraps up its ‘largest’ Thai project

Modules, made by Norway’s Aibel, for a floating, production, storage, and offloading (FPSO) vessel are on their way to Singapore.

about 2 years ago
First Boskalis vessel going greener with battery pack
Business & Finance

Diving support vessel first in Boskalis fleet to go greener with battery pack

Dutch Boskalis has installed a new energy storage system on board its diving support vessel (DSV) BOKA Atlantis as part of the efforts to make its fleet more sustainable. Boskalis reported that a set of powerful batteries was recently installed on board BOKA Atlantis along the quay of the Boskalis S

about 2 years ago
Minerva Oceana
Business Developments & Projects

Trafigura aims for six zero-emission ships by 2030

Global commodity trading giant Trafigura has set an ambitious target of having at least six zero-emission green ammonia-fuelled vessels in its fleet by 2030 to achieve a 25% reduction in the GHG intensity of its shipping operations. Trafigura, one of the world’s largest charterers of vessels, is res

about 2 years ago
A photo of an Orsted offshore wind farm
Business Developments & Projects

Hellenic Cables awards Revolution Wind cable termination & testing contract

The Correll Group has secured a contract with Hellenic Cables for the termination and testing of inter-array cables on the wind turbine generators and offshore substation for the 704 MW Revolution Wind offshore wind farm in the US. The Revolution Wind offshore wind farm is being developed by a joint

about 2 years ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Well intervention ops on the cards to bring Brazilian offshore well back online

Karoon Energy is working on sorting out the issues impeding the restart of production from a well located on a field in the Santos Basin offshore Brazil.

about 2 years ago
GE Vernova, IHI advance work on 100% ammonia-capable combustion system
Business Developments & Projects

GE Vernova, IHI advance work on 100% ammonia-capable combustion system

U.S. GE Vernova’s business unit GE Gas Power and Japan’s IHI Corporation have signed a joint development agreement (JDA) to progress to the next phase of technology and engineering for the development of a new gas turbine combustor capable of using ammonia as a viable fuel option for power generatio

about 2 years ago
Nand Lal Sharma, chairman and managing director of SJVN (Courtesy of SJVN)
Business & Finance

India’s state-owned company looking to develop floating solar on four dams

SJVN Green Energy (SGEL), part of India’s state-owned power company SJVN, has submitted a proposal to the Goa state government for the development of four floating solar power plants. With an estimated investment of around INR 1300 Crore (approximately $156.4 million), this project aims to produce 1

about 2 years ago
Sleipner; Credit: Oyvind Gravas Bo B Randulff/Equinor
Business & Finance

Kongsberg put in charge of life cycle simulator project at Equinor’s North Sea gas field

Equinor has handed out a two-year life cycle simulator project to Kongsberg Digital for a gas field in the North Sea off the coast of Norway.

about 2 years ago
First steel cut for new Nexans cable-layer
Business & Finance

First steel cut for new Nexans cable-layer

Ulstein Verft and Nexans have cut the first steel for Nexans’ new cable-laying vessel (CLV), four months after signing the shipbuilding contract. On January 19, on the day four months after signing the shipbuilding contract, Nexans Marine Operations and Ulstein Verft celebrated the start of the cons

about 2 years ago
ABB
Automation

ABB strengthens ship route optimization offer with DTN buy

Switzerland-based technology company ABB has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (DTN Shipping), expanding the company’s offering in maritime software.

about 2 years ago
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