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CRI and Jiangsu Sailboat inaugurate CO2-to-methanol plant
Business Developments & Projects

CRI and Jiangsu Sailboat inaugurate CO2-to-methanol plant

Iceland’s Carbon Recycling International (CRI) and China’s Jiangsu Sailboat Petrochemical have started up a CO2-to-methanol plant, marking a milestone in the global effort to boost the production of sustainable methanol. The opening ceremony took place on September 25, 2023, at the Shenghong Petroch

about 2 years ago
OOCL Gdynia
Business Developments & Projects

OOCL welcomes six of twelve eco-friendly 24,000 TEU giants

Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) held the naming ceremony of a 24,188 TEU newbuilding at Dalian COSCO KHI Ship Engineering Co (DACKS) shipyard. This mega containership is named OOCL Gdynia. Following its naming, OOCL will have received half of the twel

about 2 years ago
Mozambique LNG
Business & Finance

TotalEnergies refutes allegations of manslaughter and negligence during insurgent attacks in Mozambique

TotalEnergies has denied the accusations of negligence and manslaughter concerning the 2021 insurgent attacks in Mozambique.

about 2 years ago
Damen
Business & Finance

Europe’s 1st all-electric tug on the horizon as part of Port of Antwerp-Bruges tug renewal deal with Damen

The Port of Antwerp-Bruges has placed an order for six new tugs with Dutch shipbuilder Damen as part of the company’s ongoing fleet renewal. The series includes five diesel-powered RSD Tugs 2513, equipped with Damen Marine NOx Reduction System, and one electric tug, which has been described as Europ

about 2 years ago
Illustration/Havkraft’s CEO Geir Arne Solheim on a ‘Powerpier’ equipped with wave energy units (Courtesy of Havkraft)
Business & Finance

Havkraft teams up with Equinor to explore wave power for lowering offshore drilling emissions

Norwegian company Havkraft has signed a contract with Equinor to conduct a feasibility study exploring the integration of wave energy as a sustainable energy source for powering mobile offshore drilling units.

about 2 years ago
Second electric tugboat for Canada’s LNG export facility arrives in Vancouver
Business Developments & Projects

Second electric tugboat for Canada’s LNG export facility arrives in Vancouver

The second emissions-free battery electric tug built to serve at LNG Canada’s new export facility in Kitimat has officially arrived in North Vancouver. The HaiSea Wee’git tugboat was built by Sanmar Shipyards in Türkiye and delivered to Canada’s HaiSea Marine, a joint venture majority-owned by the H

about 2 years ago
Damage to Finland-Estonia offshore gas pipeline likely caused by external activity, Finland says
Authorities & Government

Damage to Finland-Estonia offshore gas pipeline likely caused by external activity, Finland says

The damage to the Balticconnector gas pipeline between Finland and Estonia was not caused by the normal gas transmission process, Finnish transmission system operator (TSO) Gasgrid reported following the launch of an investigation into a leak announced earlier this week. Gasgrid Finland informed tha

about 2 years ago
North Field off Qatar; Source: QatarEnergy LNG
Business & Finance

TotalEnergies and QatarEnergy strengthen ties with 27-year LNG supply deals to bolster France’s energy security

QatarEnergy has inked two long-term LNG sale and purchase agreements (SPAs) with TotalEnergies for the supply of up to 3.5 mtpa of LNG.

about 2 years ago
shore power
Authorities & Government

Port of Galveston wins $1 million grant for shore power pilot

The Port of Galveston has secured a $1 million grant for a shore power pilot project in partnership with Texas A&M University at Galveston aimed at reducing emissions from cargo shipping operations. Funded by the Texas Commission on Environmental Quality (TCEQ), the pilot will include establishing a

about 2 years ago
Yang Ming picks GTT’s tank design for its newbuild LNG-fueled containerships
Business Developments & Projects

Yang Ming picks GTT’s tank design for its newbuild LNG-fueled containerships

On behalf of Taiwanese shipping company Yang Ming Marine Transport Corporation, South Korean shipyard HD Hyundai Heavy Industries (HD HHI) has placed an order at French company GTT for the design of the cryogenic fuel tanks of five large LNG-fueled containerships. GTT revealed the order on October 1

about 2 years ago
Illustration; Source: Kosmos Energy
Business & Finance

U.S. player’s new oil discovery in Gulf of Mexico comes to light

U.S.-headquartered oil and gas exploration and production company Kosmos Energy has made a new oil discovery in the U.S. Gulf of Mexico.

about 2 years ago
Athenian Sea Carriers orders 4 LNG and methanol-ready chemical tankers
Business & Finance

Athenian Sea Carriers orders 4 LNG and methanol-ready chemical tankers

Athenian Sea Carriers, a Greek shipping company, has exercised options for the construction of four eco-chemical tankers at the Chinese shipbuilding company Wuchang Shipbuilding Industry Group. These vessels, with a deadweight of 18,500 tons (dwt), are set to meet the highest environmental standards

about 2 years ago
Jan De Nul and Hellenic Cables win export cable contract in Poland
Business Developments & Projects

Jan De Nul and Hellenic Cables win export cable contract in Poland

A consortium of Jan De Nul Group and Hellenic Cables has won the contract to design, manufacture, transport, and install a package of four 220 kV HVAC export cables to connect the Baltyk II and Baltyk III wind farms in the Polish Baltic Sea to shore. Developed by the joint venture of Equinor and Pol

about 2 years ago
Illustration; Source: Baron Oil
Business & Finance

UK oil & gas firm eyes start of drilling ops off Timor-Leste in late 2024

UK-based and AIM-listed oil and gas company Baron Oil is planning to kick off the drilling of an appraisal well at a block offshore Timor-Leste in late 2024.

about 2 years ago
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