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Business Developments & Projects

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green corridor
Business Developments & Projects

Shanghai-California green corridor collaboration remains steadfast despite tariff war 2.0

Governmental and non-governmental stakeholders have highlighted the progress made so far on establishing a green shipping corridor between California and Shanghai. The green corridor plan seems to be unaffected by the escalating United States-China trade war.

about 1 year ago
MPA and CMA CGM bolster collaboration on sustainable shipping
Business Developments & Projects

MPA and CMA CGM bolster collaboration on sustainable shipping

Maritime and Port Authority of Singapore (MPA) and French shipping giant CMA CGM have renewed their partnership to advance solutions for sustainable shipping and innovation in the maritime sector.

about 1 year ago
PEL 87 location map; Source: Pancontinental
Business Developments & Projects

Operator on the hunt for new partner to bankroll hydrocarbon search offshore Namibia

Pancontinental is on the lookout for a new partner to secure the required funds for exploration drilling in petroleum exploration license (PEL) 87, located in the Orange Basin, off the coast of Namibia, after Australia’s Woodside changed its mind about acquiring an interest in the license.

about 1 year ago
An LNG carrier at dock
Business Developments & Projects

Seapeak pondering sale of three newly laid up steam LNG carriers

Seapeak Maritime, an independent owner-operator of liquefied natural gas (LNG) vessels, is considering selling three steam-turbine LNG carriers from its fleet that are in lay up. As disclosed in Seapeak’s annual report, three steam turbine LNG carriers–out of seven from its fleet–were placed in layu

about 1 year ago
Argeo concludes longer-than-expected task for TotalEnergies offshore Namibia
Business Developments & Projects

Argeo concludes longer-than-expected task for TotalEnergies offshore Namibia

Norwegian subsea service provider Argeo has completed a project offshore Namibia on behalf of French multi-energy major TotalEnergies, with its vessel now demobilizing. Argeo completed its work at TotalEnergies’ Venus project in Namibia’s Orange Basin under a $39 million contract announced in April

about 1 year ago
UniWave200 unit in Grassy Bay on King Island (Courtesy of Wave Swell Energy)
Business Developments & Projects

Wave Swell Energy opens investment round after completing Tasmania trial

Australian company Wave Swell Energy (WSE) has validated its 200 kW wave energy converter (WEC) on King Island, Tasmania, demonstrating the effectiveness of its unidirectional oscillating water column technology. Following this milestone, WSE has opened an investment round to support its next growth

about 1 year ago
MOL orders another dual-fuel VLEC duo for long-term charter with SCGC
Business Developments & Projects

MOL orders another dual-fuel VLEC duo for long-term charter with SCGC

MOL Energia, a subsidiary of MOL, has signed a long-term charter contract with SCG Chemicals for another two very large ethane carriers (VLECs).

about 1 year ago
Alpha Star rig is one of multiple units working for Petrobras offshore Brazil; Source: Constellation Oil Services
Business Developments & Projects

Drilling ops bear fruit as Petrobras finds more hydrocarbons off Brazil

Petrobras has made a hydrocarbon discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, South America.

about 1 year ago
Titan delivers bio-LNG to MOL’s vehicle carrier under new deal
Business Developments & Projects

Titan delivers bio-LNG to MOL’s vehicle carrier under new deal

Dutch marine fuels supplier Titan and Japanese shipping company Mitsui O.S.K. Lines (MOL) have completed the first bio-LNG and LNG bunkering operation under a new multi-delivery contract for MOL’s vehicle carrier fleet.

about 1 year ago
Corpus Christi LNG terminal
Business Developments & Projects

With commissioning complete, Bechtel hands over LNG terminal’s train to Cheniere

U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy has achieved substantial completion of the first train (Train 1) of the next development stage of its Corpus Christi LNG facility in Texas.

about 1 year ago
Hellenic Cables, Jan De Nul ink deal with UK National Grid for future HVDC cable projects
Business Developments & Projects

Hellenic Cables, Jan De Nul ink deal with UK National Grid for future HVDC cable projects

After South Korean Taihan Cable & Solution, a consortium of Hellenic Cables and Jan De Nul has signed a framework agreement with National Grid becoming the appointed contractors eligible to participate in future HVDC cable projects across the UK and Europe. The agreement enables the consortium to pa

about 1 year ago
Subsea template installation for Halten East; Source: Equinor
Business Developments & Projects

More Norwegian gas for Europe as first segment of two-phase development comes online

Equinor has kicked off production from the first chapter of a gas and condensate project off the coast of Norway, which is envisioned to encompass multiple discoveries developed in two phases.

about 1 year ago
Thenamaris names new scrubber-fitted Aframax tanker built by SWS
Business Developments & Projects

Thenamaris names new scrubber-fitted Aframax tanker built by SWS

Greek shipping company Thenamaris has named its fourth 114,000 dwt Aframax product tanker built by Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS), part of China State Shipbuilding Corporation (CSSC).

about 1 year ago
Navigator Gas
Business Developments & Projects

Navigator Gas completes triple ethylene carrier acquisition

Navigator Gas has completed the acquisition of the final two of three new 17,000 cbm liquefied ethylene gas (LEG) carriers.

about 1 year ago
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