Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuil
Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally
German tugboat operator Fairplay Towage Group has been nominated towage provider for the floating LNG terminals in Brunsbüttel, Stade and Wilhelmshaven by Deutsche Energy Terminal (DET), which, on behalf of the German Federal Ministry for Economics Affairs and Climate Action, operates LNG terminals
The Netherlands-based shipbuilding powerhouse Damen Shipyards Group (Damen) is spearheading a major initiative to construct four new hybrid electric Island Class vessels for BC Ferries in Canada. Damen, the same shipyard that built BC Ferries’ previous six Island Class ferries, is set to construct t
TechnipFMC has secured a contract that it describes as “significant” to deliver subsea services for BP in the Gulf of Mexico. TechnipFMC has been awarded a contract by BP for its Argos Southwest Extension project in the Mad Dog field, under which it will install pipe and an umbilical, tying back thr
UAE-based port operator AD Ports Group has teamed up with French shipping major CMA CGM Group and Ecocean, an innovative company serving aquatic biodiversity, on a scientific cooperation journey. The alliance aims to breathe new life into Khalifa Port through the installation of 48 Biohuts, creating
Spanish materials technology company Matteco has become a member of the industry organization Hydrogen Europe. Matteco said the company’s commitment to sustainable innovation aligns perfectly with the mission of Hydrogen Europe, adding that with its next-generation catalysts and electrodes for elect
Norwegian subsea services provider DeepOcean and oil and gas player Aker BP have completed subsea trials with an autonomous inspection drone (AID) at an Aker BP-operated field in the central North Sea. As part of a ten-day inspection campaign, Aker BP and DeepOcean inspected subsea trees and other s
PTTEP has inked an agreement to participate in a study on the carbon storage potential in the Northern Gulf of Thailand.
The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]
Germany’s maritime transport provider United Heavy Transport and South Korean transportation firm Dongbang Transport Logistics have joined forces in a new strategic alliance combining their respective strengths.
Fairway Methanol, a U.S.-based 50-50 joint venture (JV) between Japan’s Mitsui & Co. and U.S. Celanese Corporation, has begun the production of methanol by using carbon dioxide (CO2) emitted from plants surrounding the venture’s facility. According to Mitsui, Fairway Methanol is expected to capture
Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.
Engine powerhouse MAN Energy Solutions has signed a contract with Turkish powership builder and owner Karpowership for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of power plant ships. The engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output
