U.S. energy infrastructure company New Fortress Energy (NFE) has executed definitive agreements with the Brazilian development bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and funds managed by Lumina Capital Management and BTG Asset Management to fund up to $575 million in asset
Capital Gas Ship Management has taken delivery of the newbuild LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. Capital Gas announced the delivery of the vessel named Amore Mio I via social media on November 7, 2023. The LNG carrier has a cargo capacity of 174,000 cubic
New York-based tanker company International Seaways has exercised options for two scrubber-fitted, LNG dual-fuel ready LR1 vessels at Korean shipbuilder K Shipbuilding Co. The options were lifted in October bringing the ordering tally to four LR1 newbuilds at the yard worth approximately $231 millio
The Danish government has presented its 2030 plan for the Danish economy outlining the ambition to maintain and expand its position as a “leading green country” in the maritime area.
Energy services provider Expro has completed a well cementing project in the U.S. Gulf of Mexico for what it describes as a “large international operator”. Expro delivered an inner-string cementing on a subsea well’s 22″ surface casing in a water depth of approximately 2,000 meters in the Mississipp
McDermott has tucked under its belt a new transportation and installation contract with ONGC for a gas project offshore India.
Maritime fuel supplier Peninsula has marked the beginning of the operation of its newest LNG supply vessel Levante LNG in the Mediterranean. The 12,500 cubic meter vessel arrived at the Mediterranean at the end of September and is now fully operational in the Strait of Gibraltar and Western Mediterr
Digitally-enabled vessels that incorporate decarbonization technologies can reduce carbon emissions by 38% and enhanced connectivity can increase profitability by 4 to 17%, according to international satellite service operator IEC Telecom.
Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.
German seaports believe they are well-positioned to be used as hubs for carbon management as part of the energy transition and a CO2 circular economy. However, they demand ‘a clear commitment’ from the federal government.
Norwegian shipping and logistic company Wallenius Wilhelmsen has ordered four methanol dual-fuel marine engines from German engine manufacturer MAN Energy Solutions. The engines are intended for the recently confirmed four 9,300 car equivalent unit (CEU) car carriers that will be built in China at t
Sunlit Sea, in collaboration with Endra and Ev Powercharge, has been granted support to test a floating solar installation that will feature fast electric vehicle charging in Norway.
As construction work continues on New York’s first offshore wind farm, James Fisher Renewables is carrying out its second contract for the project. Following the deployment of the company’s bubble curtain during foundation installation this summer, James Fisher is now engaged in the final cable work
NEOM Green Hydrogen Company (NGHC), a joint venture created by ACWA Power, Air Products and NEOM, has reached a milestone in the construction and development of the NEOM green hydrogen plant, by receiving its first delivery of wind turbines at the Port of NEOM in Northwest Saudi Arabia. NEOM said th
