The Global Wind Energy Council (GWEC) has launched the Floating Offshore Wind Task Force with the aim to accelerate the growth of the sector. The first actions will be to define the priority markets for offshore wind, and engage with relevant local associations, policymakers and NGOs in the fishing,
Digital Container Shipping Association (DCSA), a non-profit group established to further digitalisation of container shipping technology standards, has published standards for the exchange of operational vessel schedules (OVS). The standards can be implemented by vessel operators, as well as their V
Marine engineering specialists TSG Marine is working on a molecular technology to support the offshore energy sector on its exit out of the COVID-19 crisis.
Qatar’s PowerGlobe is looking to charter an LNG carrier to support its newly booked capacity at Croatia’s first import terminal on the island of Krk. The energy arm of privately-held Optimized Holding said in a statement it plans to charter the LNG vessel for a period of ten years. PowerGlobe did no
The Thailand-based Gulf Energy Development Public Company has acquired a 50% interest in the Borkum Riffgrund 2 offshore wind farm in Germany. The company acquired 100% shares of Borkum Riffgrund 2 Investor Holding (BKR2) through its subsidiary Gulf International Holding (GIH) which entered into a s
Japanese shipping major Kawasaki Kisen Kaisha (K Line) aims to improve its CO2 emissions efficiency by 50 percent by 2030 compared to 2008 levels, the company revealed announcing revision of its environmental vision for 2050. Achieving the target will allow the company to surpass the IMO target of a
Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (around $3.96 billion) as a result of a lower outlook for energy prices.
Equinor has signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development in Norway, following its work on phase 1.
Malaysian FPSO provider Yinson has revealed the amount of the settlement with PetroVietnam regarding the 2019 termination of a $1 billion FPSO charter contract.
Simply Blue Energy has submitted an application to the Irish Department of Housing, Local Government & Heritage to carry out site investigations for a potential floating offshore wind project off Kinsale. The Emerald project, which would use Principle Power’s WindFloat floating foundations, is expec
Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago, Ardmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 dead
Oslo-listed Klaveness Combination Carriers ASA has secured a $60 million green loan for the financing of the seventh and eight CLEANBU vessels with delivery in 2021. The loan is linked to the company’s sustainability perfomance and is being provided by Nordea, acting as coordinator and bookruner, wi
UK company North Star has revealed that it is planning to deliver a new fleet of vessels to support the offshore wind maintenance market. North Star, which owns and operates emergency response and rescue vessels (ERRVs) in the North Sea, has also set up the North Star Renewables business. The news c
Enagas and a unit of BP have teamed up to promote the use of LNG and CNG as fuel for the transport sector in Spain as part of a move to reduce emissions. The collaboration deal signed on Thursday also includes the promotion of renewable gases, and entrepreneurship and innovation projects. Enagas, th
