The fully electric harbor tugboat, the HaiSea Wamis, has accomplished its inaugural task, completing its first-ever oil tanker escort using all electric power, and heralding a new era of eco-friendly ship escorts. The HaiSea Wamis, a pioneering vessel in HaiSea Marine’s fleet, played a pivotal role
The Danish Energy Agency has closed the first Power-to-X tender, revealing six winning project divided between four companies. The selected six projects will together build over 280 MW of electrolysis capacity. The tender was launched in April and was open until September 1, 2023. Through the tender
Australian energy infrastructure developer Venice Energy and its compatriot energy provider Origin Energy have agreed on a structural framework that will underwrite the commercial viability of the Outer Harbor LNG import terminal to be built at Port Adelaide. The agreement will see Origin become the
U.S.-headquartered energy giant ExxonMobil has made another oil discovery at the Stabroek block, representing the fourth discovery offshore Guyana for this year. Guyana’s Ministry of Natural Resources (MNR) reported that the Lancetfish-2 appraisal well had resulted in a “significant discovery”. The
South Korean shipbuilder Samsung Heavy Industries (SHI) and classification society DNV have inked a Memorandum of Understanding (MOU) committing to establish a remote operation center (ROC) for real-time monitoring and control of maritime autonomous surface ships (MASS).
Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping sectors. In contrast, dry bulk vessels have an average age of 11.9 years, while tankers, on average, are 12.8 years old, BIMCO said in the
Norwegian clean energy company Horisont Energi has signed a Letter of Intent (LoI) with its compatriot Barents NaturGass for a long-term purchase agreement of up to 100,000 tons annually of clean ammonia from Horisont Energi’s and Fertiberia’s Barents Blue plant. Under the LoI, the two companies wil
Following the start of production from an oilfield located in the South China Sea, Chinese oil and gas giant CNOOC Limited has kicked off production from another development, this time in the Bohai Sea. CNOOC Limited announced on October 27 that the Penglai 19-3 Oilfield Area 5/10 development projec
Allseas has inaugurated its new barge for shallow water offshore construction activities in Singapore, following upgrading activities. Sandpiper is a flat-bottom, anchored barge that Allseas purchased last year and upgraded in 2022/23 for pipelaying activities. The barge is equipped with a ten-point
The Effective Lifetime Extension in the Marine Environment for Tidal Energy (ELEMENT) project has created an intelligent control system within a tidal energy turbine that could potentially reduce costs by over 17.7%. The ELEMENT project of eleven partners, including tidal energy developers Nova Inno
Italian shipping company Manisa Chartering has entered into a contract with China State Shipbuilding Corporation’s Guangxi Shipbuilding and Offshore Engineering for the construction of up to eight 8,500-ton general cargo ships. This deal represents the most significant export order for shipbuilding
Norwegian shipowner Knutsen Group has taken delivery of a newbuild LNG carrier that will go on a charter with Poland’s PGNiG Supply & Trading, a part of ORLEN Group. The vessel named Saint Barbara is the third in a series of six vessels that will be chartered to the Polish company, following Lech Ka
ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has secured financing for its first two new-build jack-up rigs, set to work for Saudi Aramco. ARO has entered into a $359 million term loan with a syndicate of local Saudi Arabian banks to finance the deliveries. The proceeds will
Wind propulsion specialist Airseas announced that its latest sea trials have revealed projected fuel and emissions reductions of 16% based on a normalized transatlantic voyage. The projections are based on traction data collected during the validation of automated dynamic flights of the Seawing, whe
