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Oakland
Business & Finance

Ports of Oakland and Yokohama to create a green shipping corridor

The Port of Oakland, USA, and the Port of Yokohama, Japan have signed the Green Shipping Corridor Memorandum of Understanding (MOU), paving the way to share best practices on the implementation of green initiatives to transform operations across the supply chain. The signing was part of the Port De

about 2 years ago
Petrofac and Saipem to together tackle UK decommissioning job
Business & Finance

Petrofac and Saipem to together tackle UK decommissioning job

Oilfield services provider Petrofac has secured a multi-million-pound contract with Saipem to support the decommissioning of a platform in the UK sector of the North Sea. Under the terms of the contract, the companies will work as an integrated team to prepare and remove a 20,000-tonne topside using

about 2 years ago
Mitsui E&S constructs hydrogen gas supply facility for hydrogen-related products
Business Developments & Projects

Mitsui E&S constructs hydrogen gas supply facility for hydrogen-related products

Japanese multidiscipline engineering company Mitsui E&S has completed the construction of a hydrogen gas supply facility at the Tamano factory, aiming for the early launch of its hydrogen-related business. The company said it had constructed a facility capable of supplying a large volume of hydrogen

about 2 years ago
ABS, Pelagus 3D to work on additive manufacturing for marine spare parts
Research & Development

ABS, Pelagus 3D to work on additive manufacturing for marine spare parts

Classification society ABS and Pelagus 3D, a joint venture company of thyssenkrupp and Wilhelmsen, have signed a memorandum of understanding (MOU) to advance the technologies and adoption of on-demand additive manufacturing (AM) of marine and offshore spare parts.

about 2 years ago
Balmoral launches new scour protection system for jacket foundations
Equipment

Balmoral launches new scour protection system for jacket foundations

Following the launch of its HexDefence scour protection solution for monopile foundations earlier this year, Balmoral has now launched a HexDefence system specifically designed for offshore wind jacket foundations. At the beginning of this year, the Scottish engineering company introduced HexDefence

about 2 years ago
Chevron buying Hess Corporation for $53 billion
Business & Finance

Chevron buying Hess Corporation for $53 billion

U.S. oil and gas major Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of the compatriot company in an all-stock transaction valued at $53 billion. Under the terms of the agreement, Hess shareholders will receive 1.0250 share

about 2 years ago
Hydrotug1
Business Developments & Projects

World’s 1st H2-powered tugboat en route to final commissioning preparations

Port of Antwerp-Bruges has informed that on Monday, October 23, 2023, the Hydrotug 1, the world’s first hydrogen-powered tugboat, will make the journey from Oostende to its homeport in Antwerp, Belgium, where the port and shipping and cleantech company CMB.TECH will further prepare the vessel for co

about 2 years ago
CSSC Chengxi delivers new asphalt tanker to Kumiai Senpaku
Collaboration

CSSC Chengxi delivers new asphalt tanker to Kumiai Senpaku

China’s CSSC Chengxi Shipyard has delivered a new asphalt tanker to Japanese shipowner Kumiai Senpaku.

about 2 years ago
SLPA
Business & Finance

Port of Colombo aims to become an eco-friendly port by 2030

The Sri Lanka Ports Authority (SLPA) aims to transform the Port of Colombo into an eco-friendly port by 2030, with a focus on renewable energy sources, aligning with the principles of a blue ocean economy. “In this context, we are actively exploring green energy solutions, including green methanol,

about 2 years ago
Balticconnector damage probe focuses on suspicious Chinese vessel
Business & Finance

Balticconnector damage probe puts Chinese vessel under investigation

The investigation into the damage to the Balticonnector gas pipeline between Finland and Estonia is now focused on the role of the Hong Kong-flagged NewNew Polar Bear container vessel, Finland’s National Bureau of Investigation (NBI) said. The Finnish police have established in the criminal investig

about 2 years ago
Sabella's D10 tidal energy turbine (Courtesy of Sabella)
Business & Finance

Sabella goes into receivership

French tidal energy company Sabella has been placed in a receivership following several months of dealing with financial difficulties.

about 2 years ago
Value Maritime
Business Developments & Projects

JR Shipping marks 10th Filtree installation in carbon capture milestone

Dutch shipping company JR Shipping has reached a significant milestone by installing the 10th Filtree Carbon Capture system on its fleet. The installation was carried out on board the 750 TEU MV Enforcer vessel in cooperation with Spanish shipbuilder Astilleros de Santander S.A.U. The Dutch-flagged

about 2 years ago
Tango FLNG and Excalibur FSU on their way to start up first phase of Eni’s Congo LNG project
Business Developments & Projects

Tango FLNG and Excalibur FSU on their way to start up first phase of Eni’s Congo LNG project

Tango floating liquefied natural gas (FLNG) and Excalibur floating storage unit (FSU) have set sail to Congo as Eni prepares to start up the first phase of its Congo LNG project in December 2023. Following refurbishment carried out by Exmar, the two vessels sailed away from Dry Docks World yard in D

about 2 years ago
Wärtsilä, Raizen to explore ethanol’s potential as a marine fuel
Business Developments & Projects

Wärtsilä, Raizen to explore ethanol’s potential as a marine fuel

Finnish technology group Wärtsilä has signed a strategic partnership agreement with Brazilian energy company Raizen for decarbonization modeling and ethanol’s potential as a marine fuel.

about 2 years ago
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