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Business Developments & Projects

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Hong Kong unveils new scheme to boost green marine fuel bunkering
Business Developments & Projects

Hong Kong unveils new scheme to boost green marine fuel bunkering

The Marine Department of the Hong Kong Special Administrative Region (HKSAR) has launched an incentive scheme for bunkering of green marine fuels.

about 1 year ago
Babcock to supply ammonia fuel system for Trafigura’s newbuilds
Business Developments & Projects

Babcock to supply ammonia fuel system for Trafigura’s newbuilds

Babcock’s LGE business has been awarded a contract to supply its ecoFGSS-FLEX marine ammonia fuel supply system for four new medium gas carriers being built for commodity trading company Trafigura at Hyundai Mipo Dockyard (HMD) in South Korea.

about 1 year ago
FSRU Independence in Klaipėda; Source: Höegh Evi, former Höegh LNG
Business Developments & Projects

More US LNG coming to Ukraine with new Naftogaz-Orlen deal

Naftogaz Group and Poland’s Orlen have signed on the dotted line to enable Ukraine to receive an additional 140 million cubic meters of liquefied natural gas (LNG) from the United States.

about 1 year ago
James Fisher: Construction of LNG dual-fuel tankers enters next phase
Business Developments & Projects

James Fisher: Construction of LNG dual-fuel tankers enters next phase

UK-based shipowner and provider of marine engineering services James Fisher has celebrated a new milestone in the construction of its LNG dual-fuel chemical tankers at the China Merchants Industry Yangzhou Dingheng Shipyard (YZDH).

about 1 year ago
Nordic Baltic Hydrogen Corridor receives EU funding support
Business Developments & Projects

Nordic Baltic Hydrogen Corridor receives EU funding support

The project promoters of the Nordic Baltic Hydrogen Corridor (NBHC) have signed a grant agreement with the European Climate, Infrastructure, and Environment Executive Agency (CINEA) for the European Union (EU) financial support to the NBHC.

about 1 year ago
Haesong LS Cable
Business Developments & Projects

LS Cable & System to supply subsea cables for 1 GW South Korean offshore wind project

LS Cable & System has been named the preferred supplier of subsea cables for the 1 GW Haesong offshore wind farm in South Korea. LS Marine Solution, a subsidiary of LS Cable & System, was also selected as the preferred bidder for installation works. Together, the two companies will deliver a fully i

about 1 year ago
FSRU Neptune+
Business Developments & Projects

German LNG terminal sees ‘all-time high’ quarterly supply

Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has recorded a milestone performance at its energy terminal in Mukran, on the German Baltic Sea, known as Deutsche Ostsee in Germany.

about 1 year ago
COSCO Shipping
Business Developments & Projects

BHP and COSCO ink charter deal for ammonia-fueled bulk carrier duo

Australia-based mining company BHP has entered into a charter agreement with COSCO Shipping Bulk, a subsidiary of China’s COSCO Shipping, for two ammonia dual-fuel Newcastlemax bulk carriers.

about 1 year ago
Ossian floating wind survey
Business Developments & Projects

Benthic survey wraps up for Scottish floating wind farm

Specialist contractors have completed a benthic survey along a 420-kilometer stretch of seabed for the proposed Ossian floating offshore wind farm in Scotland. The month-long benthic campaign gathered information at 122 different sites along the route that will be used to export renewable energy fro

about 1 year ago
New consortium to explore floating nuclear power for Mediterranean energy needs
Business Developments & Projects

New consortium to explore floating nuclear power for Mediterranean energy needs

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have established a consortium to assess the feasibility of deploying floating nuclear power plants (FNPPs) in the Mediterranean Sea.

about 1 year ago
Cable laying about to resume at 725-kilometer link connecting UK and Germay for the first time
Business Developments & Projects

Cable laying about to resume at 725-kilometer link to connect UK and Germay for the first time

Italian cabling giant Prysmian Group will soon kick off the second phase of cabling works in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. The 725-kilometer land and subsea cable system is said to creat

about 1 year ago
methane
Business Developments & Projects

Ship passages drive ‘high and unexpected’ methane emissions, new study reveals

Ship traffic in shallow areas, such as ports, can trigger large methane emissions by just moving through the water, a new study found.

about 1 year ago
FSRU Karmol LNGT Powership Antarctica
Business Developments & Projects

Karpowership unit entrusts Seatrium with LNGC-to-FSRU conversion

Singapore’s Seatrium has won a floating storage regasification unit (FSRU) conversion contract with Kinetics, an energy transition initiative by Türkiye’s floating power plant company Karpowership.

about 1 year ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Business Developments & Projects

Timeline set for Transocean rig to kick off gas search offshore Australia

ConocoPhillips has confirmed its timeframe for the commencement of drilling activities in the Otway Basin, which will enable one of Transocean’s rigs to embark on a two-well gas exploration campaign off the coast of Australia.

about 1 year ago
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