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Noble Intrepid rig; Source: Kishorn
Business & Finance

UK port bids adieu to Noble rig following ten-month stay – gallery

After ten months, a jack-up rig has left the UK’s Kishorn port (KPL), in preparation for its next drilling assignment.

about 2 years ago
Estonia and Finland to create green shipping corridor
Collaboration

Estonia and Finland to create green shipping corridor

Estonia and Finland have signed a Memorandum of Understanding (MoU) to create a green shipping corridor on both sides of the Gulf of Finland, to ensure and accelerate net-zero goals.

about 2 years ago
Tanker
Business & Finance

CMB breaks deadlock as Frontline sails away with $2.35 billion VLCC bounty in Euronav deal

After months of tense negotiations and legal disputes, Compagnie Maritime Belge (CMB) has announced a breakthrough agreement with Frontline and its affiliated company Famatown Finance Limited that paves the way for resolving the ongoing deadlock within Belgian tanker major Euronav. CMB, along with i

about 2 years ago
Van Oord vessel hits record 'unparalleled' in subsea rock installation market
Business & Finance

Subsea rock installation record for Van Oord vessel

Van Oord’s flexible fallpipe vessel Nordnes has installed 20 million tonnes of rock, a record that the Dutch company said was unparalleled in the subsea rock installation market. Nordnes has been installing rocks on the seabed since 2005 and has now installed 20 million tonnes of rock in total. The

about 2 years ago
Push for CCU and CCS inclusion in EU Net Zero Industry Act gains momentum
Business & Finance

Push for CCU and CCS inclusion in EU Net Zero Industry Act gains momentum

A coalition of industry leaders, environmental advocates, and policymakers have called for the inclusion of Carbon Capture and Utilisation (CCU) and Carbon Capture and Storage (CCS) technologies in the European Union’s Net Zero Industry Act (NZIA) as strategic net-zero technologies. The joint statem

about 2 years ago
Oldendorff teams up with MTR on digital seafarer training
Collaboration

Oldendorff teams up with MTR on digital seafarer training

Maritime Trainer (MTR has signed a new deal with German bulk operator Oldendorff Carriers to deliver an extensive online training package for seafarers.

about 2 years ago
Investigation launches over suspected leak on European offshore gas pipeline
Business & Finance

Investigation launches over suspected leak on European offshore gas pipeline

Finnish and Estonian transmission system operators (TSOs) Gasgrid Finland and Elering have launched an investigation over suspicion that there is a leak in an offshore gas pipeline that connects the two countries. Gasgrid Finland and Elering observed an unusual drop in pressure in the Balticconnecto

about 2 years ago
Himalaya Shipping inks charter deals for two LNG dual-fuel newbuilds
Business & Finance

Himalaya Shipping inks charter deals for two LNG dual-fuel newbuilds

Bermuda-based bulk carrier company Himalaya Shipping has signed time charter agreements for two of its LNG dual-fuel vessels currently under construction at New Times Shipyard in China. According to the company, the vessels will commence a two-year time charter with “an evergreen structure” upon del

about 2 years ago
India and Saudi Arabia ally on clean hydrogen
Authorities & Government

India and Saudi Arabia ally on clean hydrogen

On the sidelines of the MENA Climate Week in Riyadh, India and Saudi Arabia have signed a memorandum of understanding (MoU) in the fields of electrical interconnections, green/clean hydrogen and supply chains. Specifically, the MoU aims to establish a general framework for cooperation between the tw

about 2 years ago
Illustration/Oceans of Energy’s offshore solar unit (Courtesy of Oceans of Energy)
Business Developments & Projects

DNV clears Oceans of Energy’s offshore solar design for North Sea conditions

DNV, the independent energy expert and assurance provider, has issued a statement of conformity to Dutch floating solar company Oceans of Energy for its offshore solar solution, which clears it for deployment in rough sea conditions like those in the North Sea.

about 2 years ago
bulker powered by ammonia
Business & Finance

Frontline’s exit clears path for CMB’s bold decarbonization agenda for Euronav with ammonia and hydrogen at the helm

The latest agreement between Belgian shipping major CMB and its Norwegian counterpart Frontline signals a new chapter for tanker owner Euronav, one that holds the promise of resolving long-standing disputes and steering the company toward a more diversified and sustainable future. Specifically, CMB

about 2 years ago
HHI splashes Maersk’s first large green methanol-powered containership
Vessels

HHI splashes Maersk’s first large green methanol-powered containership

The first in a new series of twelve new green methanol-powered containerships ordered by Danish shipping giant A.P. Moller Maersk has been launched at South Korea’s shipyard Hyundai Heavy Industries (HHI).

about 2 years ago
Illustration/The submerged CalWave’s x1 wave energy device (Courtesy of CalWave Power Technologies)
Authorities & Government

Governor of California signs wave and tidal energy bill into law

California governor Gavin Newsom has signed SB 605 wave and tidal energy bill into law, marking a significant step forward in bringing a new renewable energy resource to the state and further solidifying California’s commitment to a sustainable and clean energy future.

about 2 years ago
Electriq secures €1.1M RVO grant for hydrogen powder plant in Amsterdam port
Business & Finance

Electriq secures €1.1M RVO grant for hydrogen powder plant in Amsterdam port

Israel-based company Electriq Global has received a €1.1 million grant from the Netherlands Enterprise Agency (RVO) for its proposed hydrogen powder manufacturing plant to be located in the Port of Amsterdam. Scheduled to begin operation in 2026, the hydrogen powder manufacturing plant is slated to

about 2 years ago
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