The analysis of a drilling campaign in the Timor Sea undertaken by Singapore’s Jadestone Energy has pointed to production rates exceeding previous estimates.
Japanese trading company ITOCHU Corporation has contracted compatriot Sasaki Shipbuilding to construct a 5,000 cubic meter (cbm) ammonia bunkering vessel and Izumi Steel Works to build an ammonia tank plant that will be loaded onto the vessel.
Singapore-based shipping company Swire Shipping has launched Voyage to Zero, a carbon insetting program that promises a reduction in Scope 3 greenhouse gas (GHG) emissions.
Azule Energy, a joint venture between Eni and BP, has made a gas discovery in an offshore block situated in Angola’s Lower Congo Basin.
Singapore-based vessel builder Pinnacle Marine has launched its first B100 biofuel-powered utility boat, paving the way for the nation’s sustainable harbor craft sector.
U.S.-based cruise holding company Royal Caribbean has taken delivery of an LNG-fueled Icon-class newbuild Star of the Seas from Finnish shipbuilder Meyer Turku.
The European Investment Bank (EIB) has approved financing in the amount of approximately €168 million for the second electrical interconnector between Malta and Italy. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna subs
Latin America’s first electric tugboat, a joint endeavor by Empresa Nacional del Petróleo (Enap) and harbor towage services provider SAAM, has been christened in Chile, marking ‘a historic milestone’ for the country and the region.
Fugro has partnered up with high-tech software company DTACT and AI-powered satellite intelligence company Ubotica to develop a data fusion and intelligence platform that will provide government organizations with the information needed to strengthen national security and safeguard critical underwat
German shipping company HGK Shipping and compatriot chemicals company Covestro have decided to retrofit a liquid coaster vessel with wind-assisted propulsion technology. Pressing ahead to provide sustainable shipping services on European short-sea routes, the two companies have now signed an agreeme
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered a new LPG-powered LPG/ammonia carrier with an increased cargo capacity.
South Korea’s autonomous navigation systems venture Avikus, part of HD Hyundai, has secured a contract with logistics and distribution company Hyundai Glovis to retrofit seven pure car and truck carriers (PCTCs) with the AI-driven HiNAS Control solution.
Germany’s Reederei Bernd Sibum has received funding from the German government to make its ships, which are being built by Dutch shipbuilder Damen, even more sustainable.
Construction of Lucia Cosulich, the second methanol-ready IMO II bunker tanker for Italy’s maritime transportation group Fratelli Cosulich, has begun at Taizhou Maple Leaf Shipyard in China.
