Japanese shipping major Mitsui O.S.K. Lines (MOL) is expanding its fleet with five additional newbuilding LNG dual-fueled Capesize bulkers. Namely, MOL revealed that two vessels will be ordered at compatriot Nihon Shipyard and built by Imabari Shipbuilding Co. Furthermore, Chinese shipbuilding heavy
A shipyard in China has begun the production of the seventh and final Infinity-class expedition cruise ship ordered by Florida-based expedition cruise ship owner SunStone Ships, part of SunStone Maritime Group.
As new offshore wind markets keep emerging and targets in established markets keep increasing, questions on how much capacity can actually be installed, especially until 2030 which is just around the corner, have come to the sector’s foreground. The most vocal on the (un)likeliness of the national a
A consortium led by the Italian shipping company Grimaldi Group has acquired a majority stake in the Heraklion Port Authority (HPA S.A.). The Italian group, through a consortium with Grimaldi Euromed SpA and Minoan Lines S.A., signed a share purchase agreement earlier this morning. The company acqui
Japanese industry majors Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement, Kawasaki Kisen Kaisha (K LINE), and Australian energy giant Woodside Energy have signed a memorandum of understanding (MOU) to conduct a business feasibility study aimed at aggregating CO2 and transporting i
China-based shipping company COSCO Shipping Lines has presented the first green shipping certificate to Volvo’s Asia Pacific headquarters for the use of COSCO’s new shipping product Hi ECO.
Noble Corporation has tucked a contract extension under its belt for one of its jack-up rigs with the UK-headquartered oil major, BP.
Chinese shipbuilding mayor Nantong CIMC SOE has signed a contract for the construction of a 12,500 cbm LNG bunkering vessel with Enagás subsidiary Scale Gas. The vessel is set for delivery by 2026, the Clarksons Hellas Weekly Bulletin reports. The 12,500 cbm LNG bunkering vessel is designed to meet
Energinet is getting ready to bring the Viking Link, which is said to be the world’s longest electricity interconnector, online by the end of the year.
Legal trouble brews on the horizon for the UK government and one of the largest undeveloped oil fields in the UK over climate concerns.
Tower Resources has hired a jack-up rig from Borr Drilling, an offshore drilling contractor, for its drilling campaign offshore Cameroon.
Terminal Investment Ltd (TiL), the container terminal operating and investing arm of Swiss MSC Mediterranean Shipping Company, the world’s largest container shipping company, has taken a 49% stake in Adani Ennore Container Terminal Pvt Ltd (AECTPL).
Shell has greenlighted its planned two-well drilling campaign in 2024 while site survey works in the North Sea have been finished.
Shell, TotalEnergies, QatarEnergy, and Petronas have inked production sharing contracts (PSCs) with Staatsolie for blocks offshore Suriname.
