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Port of Virginia
Business Developments & Projects

Port of Virginia enters 2024 as the first US East Coast port powered by 100% clean energy

The Port of Virginia has become the first US East Coast port powered by 100 percent clean energy, achieving its clean energy goal eight years ahead of schedule.

about 2 years ago
Green Pioneer
Business Developments & Projects

MOL pens charter contract with Yara for ammonia carrier

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) has signed a time charter contract for the ammonia carrier Green Pioneer with Yara Clean Ammonia Switzerland, a group company of Yara International ASA, the world’s largest nitrogen fertilizer manufacturer. The 2010-built vessel was delivered

about 2 years ago
Signing ceremony for the joint study agreement; Source: PTTEP
Business & Finance

PTTEP and Inpex to look into carbon storage potential in Gulf of Thailand

PTTEP is ready to pool resources with Japan’s Inpex to undertake a study on carbon storage potential in the Northern Gulf of Thailand.

about 2 years ago
Iain Lewis, Ithaca's Interim CEO; Source: Ithaca Energy
Business & Finance

As its CEO steps down, Ithaca picks interim one

Ithaca Energy has decided to appoint an interim Chief Executive Officer (CEO) until its search for a new one can be completed, following the resignation of its current CEO.

about 2 years ago
The entire energy transition needs metals increasingly, says Allseas' Pieter Heerema
Business & Finance

The entire energy transition needs metals increasingly, says Allseas’ Pieter Heerema

To combat climate change, the energy mix must shift from a mix that is dominated by fossil fuels, oil & gas, coal, to an energy mix that depends more on clean energy production methods. The good thing is that everyone is committed to achieving this goal. The challenge that comes with this is that a

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Business & Finance

Oil & gas alongside green and low-carbon energy: Will such a compass lead the world astray or steer it in the right direction?

Should the world aim for a balancing act to satisfy both energy security and green future aspirations or pick just one?

about 2 years ago
LNG carrier
Business Developments & Projects

Axios II LNG carrier joins Capital Product Partners’ fleet

Capital Product Partners L.P. has taken delivery of the LNG Carrier Axios II as part of its umbrella deal covering the acquisition of 11 newbuild liquefied natural gas carriers. The vessel was built by Hyundai Heavy Industries and delivered in January 2024. The dual-fuelled LNG carrier is fitted wit

about 2 years ago
Avenir Accolade completes first LNG bunkering off Malaysia
Business Developments & Projects

Avenir LNG inks charter deals for two LNG bunkering vessels

UK-based small-scale LNG company Avenir LNG has executed time charter agreements for LNG bunkering vessels Avenir Advantage and Avenir Accolade. Future Horizon, a joint venture between Avenir and MISC, signed a new two-year time charter agreement for Avenir Advantage with PETCO Trading Labuan Compan

about 2 years ago
ClassNK
Environment

New features launched for ClassNK Zero Emission Transition Accelerator

Japanese classification society Nippon Kaiji Kyokai (ClassNK) has released new features for its GHG emissions management tool, ClassNK Zero Emission Transition Accelerator (ZETA).

about 2 years ago
AMSA bars Hong Kong-flagged LNG carrier from Australian waters
Green Marine

AMSA bars Hong Kong-flagged LNG carrier from Australian waters

Australia’s maritime authority, the Australian Maritime Safety Authority (AMSA), has imposed a 180-day ban on the Hong Kong-flagged LNG carrier Cesi Qingdao from entering Australian waters. The vessel was detained in Gladstone in November after experiencing a blackout that caused significant disrupt

about 2 years ago
LR certificate
Business Developments & Projects

Nova Scotia recycling facility clinches Hong Kong Convention certification

Nova Scotia recycling facility R.J. MacIsaac Ltd. (RJMI) has won certification from Lloyd’s Register (LR) classification society according to the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention). It is the first C

about 2 years ago
Lerwick Harbour
Business & Finance

Britain’s port becoming ‘main’ marine support hub for development of giant oil & gas field

Lerwick Harbour, situated at the crossroads of the North Sea and North-east Atlantic, has been tasked with servicing Equinor’s first development phase of a controversial oil and gas field located on the UK Continental Shelf (UKCS).

about 2 years ago
PSA Mumbai
Infrastructure

PSA Mumbai is India’s first 100% renewable energy-powered container terminal

PSA Mumbai, part of the international port operating group PSA, has achieved a major milestone in its emissions reduction journey by becoming India’s first 100% renewable powered container terminal on the commissioning of its 7.8MW solar farm with O2 Power.

about 2 years ago
First DC connection between Europe and North Africa gets €45 million from EIB
Authorities & Government

First DC connection between Europe and North Africa gets €45 million from EIB

Elmed, set to become the first direct current (DC) connection between Europe and North Africa, has secured €45 million in funding from the European Investment Bank (EIB). The €921 million project concerns the implementation of an HVDC link interconnecting Tunisia and Italy across the Strait of Sicil

about 2 years ago
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