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Norwegian diving contractor secures work on Vår Energi's North Sea field
Business & Finance

Norwegian diving contractor secures work on Vår Energi’s field

Norwegian diving contractor SubseaPartner has won a contract to deliver a new diver launch and recovery system in the North Sea for Vår Energi. SubseaPartner said it was awarded a substantial contract by Ocean Installer for the 2024 season for end-client Vår Energi as part of the Balder Future Proje

about 2 years ago
CWP partners with Djibouti government to speed up 5-10 MW green hydrogen project
Business Developments & Projects

CWP partners with Djibouti government to speed up 5-10 MW green hydrogen project

Renewable energy developer CWP Global and the Government of the Republic of Djibouti have signed a joint declaration on accelerating CWP’s Green Star Hydrogen Hub, a 5-10 GW green hydrogen project that aims to redefine the energy landscape in the Horn of Africa. The parties signed the joint declarat

about 2 years ago
Guangzhou Shipyard International (GSI)
Business Developments & Projects

HMM seals massive deal with CSSC for dual-fuel PCTC behemoths backed by Hyundai Glovis charter

South Korean shipping giant HMM has inked a landmark contract with China State Shipbuilding Corporation (CSSC) for the construction of up to ten 10,800 CEU LNG dual fuel car carriers. The vessels are set to be constructed at CSSC’s Guangzhou Shipyard International (GSI) for a price of $732 million.

about 2 years ago
BP joins hands with Indonesian company for LNG import project in East Java
Business Developments & Projects

BP joins hands with Indonesian company for LNG import project in East Java

UK’s BP Gas & Power Investments and Indonesia’s logistics and supply chain company PT AKR Corporindo have signed a joint development agreement to work on an LNG import project involving a regasification terminal in Java Integrated Industrial and Port Estate at Gresik, East Java, Indonesia (JIIPE). A

about 2 years ago
CCS awards flurry of AIPs at Marintec for homegrown ammonia/methanol engines, and ship designs
Business Developments & Projects

CCS awards flurry of AIPs at Marintec for homegrown ammonia/methanol engines, and ship designs

China Classification Society (CCS) has awarded dozens of Approvals in Principle (AIP) at this year’s China International Maritime Exhibition (Marintec China). The exhibition is one of the most authoritative B2B platforms for the international maritime industry and it has seen numerous business deals

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

Another potential merger on the cards as Woodside and Santos engage in preliminary talks

Two Australian energy giants – Woodside and Santos – are contemplating a potential merger to unlock more growth opportunities.

about 2 years ago
Illustration/Minesto's Dragon 4 tidal energy kite (Courtesy of Minesto)
Business Developments & Projects

Minesto installs seabed anchor for Dragon 12 tidal energy device

Minesto has completed the installation of a drilled and grouted seabed anchor solution for the Dragon 12, at the company’s production site offshore in Vestmannasund, Faroe Islands.

about 2 years ago
Wärtsilä’s ammonia, methanol engines receive CCS’ AIPs
Certification & Classification

Wärtsilä’s ammonia, methanol engines receive CCS’ AIPs

China Classification Society (CCS) has issued an Approval in Principle (AiP) for the recently launched ammonia engine and five methanol engines developed by Finnish technology group Wärtsilä.

about 2 years ago
PGS takes 102-meter seismic acquisition vessel to Asia Pacific
Business & Finance

PGS takes 102-meter seismic acquisition vessel to Asia Pacific

Norwegian seismic company PGS has won an exploration contract in Asia Pacific – a region in which the company sees potential for more proprietary work. The 102-meter-long seismic acquisition vessel Ramform Sovereign is scheduled to mobilize this month for the 3D exploration contract in the Asia Paci

about 2 years ago
MAN COSCO
Business Developments & Projects

COSCO Line to retrofit containership quartet to methanol

Following in the pioneering footsteps of Maersk, Chinese shipping heavyweight COSCO Line is embarking on a journey to retrofit some of its containerships for methanol propulsion. Namely, COSCO Line has partnered with compatriot China’s COSCO Heavy Industry Shanghai, a COSCO Group shipyard, to retrof

about 2 years ago
Peninsula delivers LNG to EPS’ Starway at Gibraltar Port
Business Developments & Projects

Peninsula delivers LNG to EPS’ Starway at Gibraltar Port

Maritime fuel supplier Peninsula has delivered LNG to Suezmax crude oil tanker, Starway, owned by Singapore-based Eastern Pacific Shipping (EPS) at the Gibraltar Port. Peninsula’s first purpose-built 12,500 cubic meter LNG bunker vessel, Levante LNG, supplied EPS’ Starway with approximately 3,500 cu

about 2 years ago
Stena Don rig was used to drill the latest well on the Anchois gas development project; Source: Stena Drilling
Business & Finance

Chariot passes the operatorship baton to Energean to unlock Moroccan offshore assets’ gas potential

Energean will take over the operatorship helm at two Moroccan offshore licenses from Africa-focused energy company Chariot.

about 2 years ago
megawatt charging system
Business Developments & Projects

World’s first maritime megawatt charging system picked for AT’s electric ferries

Swiss technology company ABB has secured a contract with Auckland Transport (AT), New Zealand’s transport services and infrastructure provider, to deliver the maritime industry’s first megawatt charging system (MCS) for all-electric and hybrid-electric ferries.

about 2 years ago
MOL, DP World team up on clean fuels for maritime and port-based applications
Business Developments & Projects

MOL, DP World team up on clean fuels for maritime and port-based applications

Japanese shipping company Mitsui O.S.K. Lines (MOL) and UAE-based ports and logistics giant DP World have signed a memorandum of understanding (MoU) to explore opportunities to enhance auto logistics capabilities at Jebel Ali Port and reduce carbon emissions in port and maritime applications in the

about 2 years ago
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