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Lithuania’s Klaipeda LNG terminal suspends acceptance of Russian cargoes
Business & Finance

Regasification capacity available at Klaipeda LNG terminal

Lithuanian Klaipeda LNG terminal operator KN Energies, formerly Klaipedos Nafta, has announced that there is available unused LNG terminal capacity for booking. The company said that, having received a request from one of the terminal users regarding the planned non-utilization of LNG terminal capac

about 2 years ago
DNV to class Purus Marine’s dual-fuel VLECs
Certification & Classification

DNV to class Purus Marine’s dual-fuel VLECs

Classification society DNV has been selected to class two Purus Marine’s dual-fuel very large ethane carriers (VLECs).

about 2 years ago
Trafigura seals long-term LNG deal with Canada’s largest natural gas producer
Business & Finance

Trafigura seals long-term LNG deal with Canada’s largest natural gas producer

Commodities trading group Trafigura has inked a long-term LNG agreement with Canada’s largest natural gas producer Tourmaline, marking the first time the two parties have signed such an agreement. Tourmaline said it increased its exposure to JKM by entering into a netback agreement with Trafigura ba

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

PTTEP signs on the dotted line to take part in carbon capture and storage study

PTTEP has inked an agreement to participate in a study on the carbon storage potential in the Northern Gulf of Thailand.

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Authorities & Government

Vår Energi getting ready to spud North Sea wildcat

Vår Energi has secured a drilling permit to drill a wildcat well in the North Sea, using one of the Odfjell Drilling-managed semi-sub rigs.

about 2 years ago
Floating solar market will be as big as the onshore solar sector, says Oceans of Energy CEO
Business & Finance

Floating solar market will be as big as onshore solar sector, says Oceans of Energy CEO

The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]

about 2 years ago
VARD to build NKT's new cable-laying vessel
Business & Finance

VARD to build NKT’s new cable-laying vessel

Denmark-based power cable manufacturer and installation company NKT has placed an order with Norway’s VARD for the construction of its new cable-laying vessel (CLV). In May 2023, on the back of a record order backlog and the strong market outlook, NKT announced investments in a new high-voltage fact

about 2 years ago
illustration
Business Developments & Projects

Clarksons forecasts 40 million CGT output for 2024-2025 after record year for car carriers

As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output fo

about 2 years ago
Barossa concept; Source: Santos
Authorities & Government

Victor emerges in court battle over development of giant gas project off Australia

Santos has won a court case, which enables it to continue with its planned work on the Barossa gas field development project offshore Australia.

about 2 years ago
United Heavy Transport
Business Developments & Projects

United Heavy Transport, Dongbang forge strategic alliance

Germany’s maritime transport provider United Heavy Transport and South Korean transportation firm Dongbang Transport Logistics have joined forces in a new strategic alliance combining their respective strengths.

about 2 years ago
N-Sea charters fuel-efficient vessel in move to strengthen its subsea offering
Business & Finance

N-Sea charters fuel-efficient vessel in move to strengthen subsea offering

The Netherlands-headquartered N-Sea has chartered a hybrid, fuel-efficient survey and remotely operated vehicle (ROV) support vessel in a push to strengthen its offshore subsea activities. N-Sea Group entered into an agreement with Geo Plus to long-term charter the Dutch-flagged vessel Geo Ranger, w

about 2 years ago
Construction starts on Royal Caribbean’s third Icon-class cruise ship
Vessels

Construction starts on Royal Caribbean’s third Icon-class cruise ship

The production of the third Icon-class ship for Royal Caribbean Group has started at Finnish Meyer Turku Shipyard.

about 2 years ago
Viking Cinderella
Infrastructure

Viking Cinderella to cut 2,500 tonnes of CO2 emissions a year after refit

Viking Cinderella, a ferry operated by Finnish shipping company Viking Line, will be able to reduce its carbon dioxide emissions by 2,500 tonnes a year after an investment in technical upgrades.

about 2 years ago
NTPC's headquarters
Business Developments & Projects

Bidders wanted to develop 15 MW floating solar project in India

NTPC, formerly known as the National Thermal Power Corporation, is inviting bids for a 15 MW floating solar plant at Maroda Reservoir-1 in Chhattisgarh, India. The 15 MW floating solar project is set to be located at Maroda Reservoir-1, near the Bhilai Steel Plant of NSPCL, a joint venture between N

about 2 years ago
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