Norwegian dry bulk shipping company Western Bulk has taken delivery of its first carbon offset bio-blend bunker fuel (B30) from TFG Marine, a marine fuel supply and procurement joint venture between commodity trader Trafigura and shipping firms Frontline and Golden Ocean.
The world is changing fast and the offshore energy industry goes along with it.
Hendry Marine Industries’ Gulf Marine Repair is the first U.S. Gulf Coast shipyard to become a Participant in Green Marine, the largest voluntary environmental certification program for North America’s maritime industry.
An offshore production vessel located in waters offshore Nigeria has been engulfed in flames following an explosion.
Luxembourg-based shipping company CLdN ro-ro has ordered two hybrid 8,000 lane meter roll-on/roll-off (RoRo) vessels from South Korean shipbuilder Hyundai Mipo Dockyard (HMD).
Canadian fuel cell supplier Ballard Power Systems has delivered two, 200 kilowatt (kW) fuell cell modules to Norwegian ferry operator Norled.
Energy major Shell increased its dividend and share buybacks following a jump in its quarterly profit driven by higher oil and gas prices.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has concluded the acquisition of a 40 percent stake in Waterfront Shipping WFS), a subsidiary of Canadian methanol producer and supplier Methanex Corporation.
Japanese shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with compatriot shipping company Sanyu Kisen for the construction of a demonstration test ship to transport liquefied carbon dioxide (LCO2).
Pilot Energy and Triangle Energy have abandoned their plans under which Pilot would farm out an exploration permit off Australia to Triangle.
Greek ship owner and operator Euroseas has ordered two additional Eco design fuel-efficient containerships from South Korean shipbuilder Hyundai Mipo Dockyard (HMD).
ExxonMobil booked a profit in the last quarter of 2021 amid a significant increase in revenues driven by a rebound in oil and gas prices.
Japanese shipping company Mitsui O.S.K. Lines and compatriot shipbuilder Oshima Shipbuilding have completed the hard sail system jointly developed under the Wind Challenger project at the Oshima shipyard.
The joint industry project launched in June 2021 to test biofuel blend (B30) derived from renewable feedstock to power a d’Amico Group LR1 product tanker, showed positive findings in terms of the reduction of CO2 emissions, reduced carbon intensity, and stable NOx emissions.
