Tech company ABB has signed a contract with Italian shipbuilder Fincantieri to deliver in total eight mid-range Azipod propulsion systems for four forthcoming medium-sized cruise vessels.
Chinese leasing company China Development Bank Financial Leasing (CDB Leasing) has entered into agreements with units of GasLog and GasLog Partners to purchase two LNG carriers. According to CDB Leasing’s stock exchange filing, the company entered into vessel purchase agreements with Gas-five, an en
Pemex has submitted a unit development plan (UDP) for an oil field offshore Mexico to the National Hydrocarbons Commission.
ABL Group has been appointed as a marine warranty surveyor for the transportation and installation operations on several Aker BP-operated offshore field developments located on the Norwegian Continental Shelf (NCS).
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States kept its forward momentum by adding one unit last week.
UK provider of subsea robotics and integrated survey solutions Rovco has set up two business units focused on delivering on a specific area of expertise as part of its plans for greater global and sectoral growth. The company, founded in 2016, will now operate through two separate business units, ea
US industrial gas supplier Air Products has opened its new Europe, Middle East, and Africa (EMEA) project delivery office in The Hague, the Netherlands. The office will serve as a contributor to Air Products’ engineering, procurement, and construction work throughout EMEA. It is the company’s first
Brazil’s Office of the Comptroller General (CGU) has launched an investigation into alleged irregularities practised by the Brazilian subsidiary of Singapore’s Sembcorp Marine.
Greece’s Capital Ship Management has taken delivery of the newbuild LNG fuel-ready chemical/product medium-range (MR) tanker with an eco-friendly design, M/T Avax. The company announced on 24 March that the 50,000 dwt vessel was delivered by Hyundai Vietnam Shipyard. The ship is assigned with Wind-A
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has delivered the third liquefied natural gas (LNG) carrier to compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC).
Brazil is setting the wheels into motion to launch a programme, which would step up investments in oil and natural gas exploration.
Danish shipping giant A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project.
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar
Swiss marine power company WinGD has announced it will supply 10X92DF-M methanol-fuelled engines to four 16,000 TEU container vessels to be built for Chinese COSCO Shipping Lines at COSCO Shipping Heavy Industry (Yangzhou) site. The vessels are scheduled for delivery from 2025, and according to WinG
