Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine
Danish shipping company TORM has entered into an agreement to acquire a total of eight eco LR2 tankers, as part of its fleet expansion efforts.
SSEN Transmission has selected Nexans to supply and install the high-voltage cables that will provide a transmission link from the Orkney Islands to the Scottish Highlands. A capacity reservation agreement has been signed and Nexans has committed to reserve manufacturing and installation capacity fo
The construction has begun on the first sailing roll-on/roll-off (RoRo) vessel ordered by French startup Neoline Armateur.
German Siemens Energy and French Air Liquide have held an inauguration ceremony for their new gigawatt electrolyzer factory in Berlin, Germany. The ceremony for the series production of the hydrogen technology was held in the presence of German Chancellor Olaf Scholz, German Economics Minister Rober
Aberdeen-based decommissioning services provider Well-Safe Solutions has signed an agreement with Spirit Energy to add a well to the existing scope of the Well-Safe Defender semi-submersible rig. The expanded scope will include a well from the Appleton field located 160 miles east of Dundee, origina
Swedish company Minesto has completed the onshore testing on its tidal energy kite system Dragon 12, which is now being shipped for installation and commissioning in Faroe Islands.
The U.S. International Development Finance Corporation (DFC) has committed more than half a billion dollars to support the development of a deepwater shipping container terminal in the Port of Colombo, Sri Lanka.
LNG production and maritime transportation logistics provider Seaside LNG has entered into a term bunkering agreement with Carnival Corporation & plc to fuel Carnival Jubilee, the first LNG-powered cruise ship to call Galveston, Texas its homeport. Seaside LNG explained that its barge Clean Jacksonv
Following the announcement in early October that it will be working for an “oil and gas supermajor”, Argeo has now revealed the client and remaining details. Argeo announced on November 9 that it had signed a NOK 55 million (over $4.9 million) contract for the Bonga field subsea assets work program
U.S.-based LNG company Excelerate Energy and the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) have signed an LNG sale and purchase agreement (SPA) under which Petrobangla agreed to purchase 0.85 to 1 million tons per annum (MTPA) of LNG from Excelerate for a term of 15 years beginning Jan
NYK Bulk & Project Carriers (NBP), a subsidiary of shipping major NYK Group, has joined forces with Corporación Nacional del Cobre de Chile (CODELCO), Oshima Shipbuilding Co. and Sumitomo Corporation to study, design and construct the world’s first ammonia dual-fuel Handymax bulk carrier.
Swedish electrofuel developer Liquid Wind, through its partnership with Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has revealed plans for developing and marketing ten additional eMethanol facilities in the Nordics by 2027. The newly-announced plans build on the partnership that was initia
Finnish conglomerate Aspo has attracted a new investor for ESL Shipping to accelerate the green transition of its shipping subsidiary.
