Norwegian shipping company Flex LNG has secured an extension of time charter agreements with Cheniere’s unit Cheniere Marketing International (CMI) for three liquefied natural gas (LNG) carriers. The new agreement extends the charter periods of Flex Endeavour, Flex Ranger and Flex Vigilant for up to
Norwegian company Kanfer Shipping AS has signed a partnership deal with Nimofast Brasil S.A. to establish small and medium-scale LNG shipping, small-scale floating storage units (FSU) and LNG bunkering solutions in Brazil from 2025 onwards. The contract will enable Nimofast to sell and deliver LNG o
Trillion Energy has revealed the flow test results for the second well in its drilling campaign on a gas field in the Black Sea off Türkiye.
Sempra Infrastructure, a subsidiary of Sempra, has executed a 20-year sale and purchase agreement (SPA) with ConocoPhillips for 5 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Phase 1 of the proposed Port Arthur LNG project under development in Jefferson County, Texas. The comp
Pertamina International Shipping (PIS), a shipping unit of Indonesian state-owned oil and gas company Pertamina, has set sights on a $3 billion worth fleet rejuvenation plan. According to Wisnu Santoso, a director at PIS, who was cited by Reuters, the company is looking into both newbuilds and exist
Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, is exploring retrofitting projects involving various types of fuels including LNG and methanol. The two solutions remain the key options for owners that want to act today on lowering their
Offshore drilling contractor Valaris has secured a new assignment for one of its drillships with BP for operations offshore Egypt.
Italian cabling giant Prysmian Group is investing approximately €200 million in a new cable-laying vessel which will be equipped with a battery pack for a total power of 3 MW. The new 170-meter-long vessel will be built by the VARD Group, a subsidiary of the Fincantieri Group, just like Leonardo da
Germany’s gas company VNG AG and French renewable energy producer Total Eren have announced plans to collaborate on the development of green ammonia imports in Europe. In line with this, the companies have signed a cooperation agreement concerning the import of green hydrogen in the form of ammonia
Equinor has submitted a plan for development and operation (PDO) of a deepwater gas discovery project in the Norwegian Sea.
Norwegian company Sunlit Sea has moved its production facility to new premises as it looks to step up the industrialization of its floating solar technology.
The Maritime Technologies Forum (MTF), founded by seven flag states and classification societies including DNV and Lloyd’s Register, has released a comprehensive assessment to compare the feasibility and readiness of alternative marine fuels. The forum was founded in 2021 and seeks to bridge the gap
Pacific Environment’s Ports for People campaign has launched a new initiative to assess port progress towards zero-emission shipping, P4P RePORT Cards.
Ulsan Port Authority (UPA) has signed a Memorandum of Understanding (MOU) with the international classification society Korean Register (KR) to support methanol-fueled ships and establish the South Korean port as a low-carbon energy hub. “UPA is actively working to make eco-friendly, and low-carbon
