Danish shipping company Dan-Unity CO2 is ready to order the world’s first vessels capable of large-scale CO2 transportation.
UK-based PJ Valves has won two FPSO valve contracts worth $11 million for projects in Brazil.
CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.
Towage operator Svitzer, part of A.P. Moller – Maersk revealed plans to convert its whole fleet of 10 tugs in London and Medway to be powered by marine biofuel, following a successful pilot.
Swedish shipping company Thun Tankers has welcomed the last in a series of LNG-fueled chemical tankers built by Dutch shipbuilder Ferus Smit.
Helix Energy Solutions is set to carry out well abandonment, recovery of subsea trees and wellhead severance and recovery at the Tui oil field offshore New Zealand as part of the contract recently secured with New Zealand’s Ministry of Business, Innovation & Employment (MBIE).
Borr Drilling’s jack-up drilling rig has spudded Kistos’ Q11-B well in the Dutch North Sea.
German-based LNG storage contractor TGE Gas Engineering has signed a tank engineering, procurement, and construction (EPC) contract for the Yangjiang LNG storage project.
Emissions verification company Verifavia Shipping has launched the real-time carbon intensity indicator (CII) dashboard to determine the operational efficiency and CII rating of ships over 5,000 GT.
SSA Marine (SSA), which operates three container terminals at the US Port of Long Beach, has become the first terminal operator at the port to transition its fossil-fueled cargo-handling equipment fleet to renewable diesel fuel.
Bulk carrier Frontier Sky, which is owned by Japanese shipping major NYK and operated by Singapore-based Tata NYK Shipping, has conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited, a major steel manufacturer in India.
Shipping company Capital Product Partners (CPLP) has taken delivery of two LNG carriers Attalos and Asklipios from the Korean shipyard Hyundai Heavy Industries.
As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.
The March 2021 grounding of the 20,150 TEU containership Ever Given and the consequent blockage of the Suez Canal had far-reaching implications for the shipping industry.
