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With orders for two offshore platforms in the bag, Chinese shipyard kicks off work on the first one
Business & Finance

Chinese shipyard bags orders for two offshore platforms

China Merchants Jingling Weihai has received orders for two additional self-propelled, self-elevating offshore platforms from Huake Wuzhou.

about 3 years ago
Solstad CSV to exit offshore industry after new owner takes over
Business & Finance

Solstad CSV to exit offshore industry after new owner takes over

Normand Ships, a wholly owned subsidiary of Solstad Offshore, has sold the construction support vessel (CSV) Normand Jarl to a buyer outside of the offshore industry. The delivery of the vessel to the new owner is expected to take place during the first quarter of 2023. Solstad Offshore will recogni

about 3 years ago
Naming ceremony
Business & Finance

U-Ming names LNG-powered Capesize pair destined for Anglo-Eastern

Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding hosted a naming ceremony for two LNG-powered bulkers built for Taiwanese bulk carrier company U-Ming Marine. The two Capesize bulkers ( 187,300 dwt and 210,000 cbm) were named Ubuntu Harmony and Ubuntu Equality during an online ceremony held simul

about 3 years ago
Air Products, AES to invest $4 billion in mega-scale hydrogen plant in Texas
Business & Finance

Air Products, AES to invest $4 billion in mega-scale hydrogen plant in Texas

Industrial gas supplier Air Products and energy company AES Corporation have revealed plans to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas. The mega-scale renewable power to hydrogen project will include approximately 1.4

about 3 years ago
IHI partners with StarFire Energy and ANGEL NAVI to further its carbon solutions endeavours
Business & Finance

IHI partners with StarFire Energy and ANGEL NAVI to further its carbon solutions endeavours

Japan’s IHI corporation, a heavy-industry manufacturer, has made a step forward in cultivating carbon solutions by investing in Starfire Energy, an American carbon-free ammonia technology developer, and partnering up with ANGEL NAVI, a Japanese investment support firm. According to IHI, its main foc

about 3 years ago
Offshore oil worker medevacked from Transocean rig
Business & Finance

Offshore oil worker medevacked from Transocean rig

U.S. Coast Guard has performed an emergency evacuation of a male worker from an oil rig located 189 miles south of Port Fourchon.

about 3 years ago
Helix Robotics adds three new subsea tools
Business & Finance

Helix Robotics invests in three new subsea tools

Helix Robotics Solutions, a division of Helix Energy Solutions, has purchased three additional subsea tools for trenching and boulder clearance ploughing operations. As part of the asset investment, Helix Robotics acquired two SMD model Q1400 subsea trenches, capable of jetting and mechanical cuttin

about 3 years ago
Ocean Rebellion
Business & Finance

IMO MEPC 79 off to a dramatic start as environmentalists call for an end of fossil fuels

The Marine Environment Protection Committee meeting at the UN International Maritime Organisation (IMO) kick-started on Monday with delegates arriving in London to meet in person for the first time since 2019. The delegates were off to a dramatic start as Ocean Rebellion, a grassroots international

about 3 years ago
Shell and ONGC to evaluate carbon capture, utilisation and storage potential in India
Business & Finance

Shell and ONGC to evaluate carbon capture, utilisation and storage potential in India

Shell has joined forces with ONGC to pursue carbon capture, utilisation and storage (CCUS) opportunities in India.

about 3 years ago
Is there a silver bullet for the global energy crisis?
Business & Finance

Is there a silver bullet for the global energy crisis?

Will countries need all the energy solutions they can get – oil, gas, solar, wind, nuclear, and hydrogen – to tackle this energy crisis?

about 3 years ago
Wan Hai
Business & Finance

Wan Hai calls for bids to dismantle ten boxships

Taiwanese shipping company Wan Hai Lines has launched a tender for the demolition of ten containerships. The veteran boxships have reached the end of their operational lives as they are all over 20 years old, with their respective construction dates ranging from 1994 to 1998. The demolition sale wil

about 3 years ago
Semi-submersible rig kicks off its drilling gig with Shell in Namibia
Business & Finance

Semi-submersible rig kicks off its drilling gig with Shell in Namibia

Northern Ocean’s Deepsea Bollsta semi-submersible drilling rig has arrived in Namibia where it started its contract with Shell.

about 3 years ago
Soren Skou
Business & Finance

Maersk CEO Soren Skou steps down

The CEO of A. P. Møller – Mærsk A/S (Maersk) Soren Skou, who has led the transformation of the company from a diversified conglomerate to an integrated logistics company, is retiring. Vincent Clerc, currently CEO of the company’s Ocean & Logistic business, will succeed as CEO of Maersk effective 1 J

about 3 years ago
Early works underway for first UK-Germany energy link
Business & Finance

Early works underway for first UK-Germany energy link

Enabling works and access road works for the NeuConnect energy link are currently underway in the UK and Germany, ahead of major construction starting in 2023. In November, works started on an access road that will connect to the new converter station in Wilhelmshaven, northern Germany. On the Isle

about 3 years ago
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