The U.S. Department of Transportation’s Maritime Administration (MARAD) has invested nearly $580 million from the Bipartisan Infrastructure Law to fund 31 port improvement projects in 15 states and one U.S. territory.
Bunker service provider Chimbusco Pan Nation Petro-Chemical (CPN) has formed a partnership with Hong Kong and China Gas Company (Towngas) to develop domestic and international green methanol marine fuel markets and promote Hong Kong as a green marine fuel center. To this end, CPN and Towngas recentl
German energy major Uniper has selected U.S. electrolyzer manufacturer Electric Hydrogen to design a 200 megawatt (MW) electrolyzer plant within its Green Wilhelmshaven project in Northern Germany.
French low-carbon energy company EDF and Canada’s energy transition developer Abraxas Power have agreed to jointly develop a green hydrogen and ammonia project in Central Newfoundland, Canada. To this end, the companies have entered into strategic development agreements for the $8.5 billion Exploits
Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling
Norwegian shipping and logistics company Wallenius Wilhelmsen has decided to launch a re-engineered bunker adjustment factor, BAF2.0, to prepare for future fuels on the path to net-zero emissions by 2040.
French shipping giant CMA CGM has taken delivery of another LNG-powered newbuild from South Korean shipbuilder Samsung Heavy Industries. The shipowner announced the delivery of CMA CGM Fort Diamant via social media on November 18, 2024. The dual-fuel LNG ship is 168 meters long and has a 7,362 TEU c
Transocean is expected to kick off drilling activities in the Black Sea next year, after one of its semi-submersible rigs, which was hired for a gas project off the coast of Romania, arrived in Constanta.
Eco Wave Power has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its wave energy pilot project at the Port of Los Angeles, marking a step toward the first U.S. onshore wave energy installation. According to Eco Wave Power, the permit, granted under NWP 52 for W
Canada’s oil and gas player Trillion Energy is progressing with velocity string operations on its production platform at a gas field offshore Türkiye.
Menter Môn-managed buoy, linked to the Morlais tidal energy scheme off the coast of north Wales, has been redeployed to monitor marine wildlife as the project gears up for operations in 2026. The unmanned Marinus LiDAR buoy, first deployed in 2023, recently underwent rigorous testing and refurbishme
Spanish ferry operator Baleària has been awarded the contract to operate the intercontinental shipping line between Tarifa and Tangier Ville, following the evaluation of three offers.
Dutch offshore contractor Allseas is bidding farewell to a shallow-water pipelay barge it purchased in 1997, after having installed over 400 kilometers of nearshore pipeline across the world. Allseas has sold its 154-meter-long Tog Mor barge for repurpose after it ran aground in Mexico in September
Aberdeen-based decommissioning services provider Well-Safe Solutions has secured two contracts worth $25 million for well decommissioning operations in the UK Continental Shelf (UKCS), with an additional $25 million in options for work extending into 2025 and 2026. Under the firm scope, which spans
