Hydrogen, deemed as a connector for offshore energy markets, is yet to play a very important role, especially in hard-to-abate sectors. The energy transition and especially the hydrogen transition can be built efficiently, faster, cheaper, and with fewer emissions if we build it on existing knowledg
Finland-based marine engineering company Deltamarin has struck a deal with Louis Dreyfus Armateurs (LDA) and Wuchang Shipbuilding Industry Group Co Ltd. (WSIG) to design three roll-on/roll-off vessels for Airbus aircraft subassembly transportation. The construction of the vessels has been commission
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured an investment before the close of 2023 said to have eliminated many of the dilutive warrants and ratchet provisions of the original de-SPAC financing in the process. The new investment is the first t
Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, has received approval from Cheshire West and Chester Council to build a low-carbon hydrogen plant HPP1 at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire, UK. The plant, located at the heart of the HyNet industrial decarbonization c
In 2023, global shipyards delivered 350 new containerships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten already in 2024, BIMCO announced. As 2023 saw a relatively low level of container
CRP Subsea, part of AIS, has secured what it says is a “substantial contract” to deliver distributed buoyancy modules (DBMs) to an oil field project offshore Brazil. CRP Subsea said the contract was awarded by a “leading energy technology company” for a deepwater oil field project situated in the pr
South Korea’s shipbuilding major Hanwha Ocean, formerly known as Daewoo Shipbuilding, has denied recent media rumors and reports suggesting its exit from the container shipping sector. The Korean media had reported that Hanwha Ocean might discontinue the construction of container ships due to financ
Canadian coffee roaster Café William revealed that its first cargo sailboat set sail from the port of Santa Marta in Colombia on December 18, bound for North America.
Lithuanian energy terminal operator Klaipedos Nafta (KN) has officially changed its name to KN Energies to reflect the company’s strategic changes. Specifically, the operator said the name change reflects the company’s new long-term strategy to follow the path of sustainable energy by switching from
Inyanga Marine Energy Group has opened a new office in Wales to support the development of the 10 MW HydroWing tidal stream energy project at Morlais, Anglesey. The HydroWing project secured a contract in the latest Contracts for Difference (CfD) auction round in the UK held back in September 2023.
BP has hand-picked Wood for the delivery of topside modifications in support of the oil major’s latest subsea tieback in the UK North Sea.
Diamond Offshore has confirmed the start of a new assignment for one of its semi-submersible rigs, which is working for Petrobras offshore Brazil.
French LNG containment specialist GTT has received two orders for the tank design of two new liquefied natural gas carriers (LNGCs). The first LNGC will be realized by the South Korean shipyard Hanwha Ocean, GTT said, adding that the vessel will have a total capacity of 174,000 m3 and will be fitted
Eastern Pacific Shipping (EPS), a Singaporean shipping company, has placed an order for four 210,000 deadweight tonnage (dwt) bulk carriers featuring ammonia dual fuel propulsion technology, according to reports from Intermodal Shipbrokers. The ships are slated for construction at Qindao Beihai Ship
