The Finnish technology group Wärtsilä was contracted to deliver a complete bridge systems installation for five icebreaking LNG-fueled tankers to be constructed for the Arctic LNG-2 project.
Marine survey for the NO-UK submarine fibre cable between Newcastle and Stavanger is now underway. The vessel Fugro Galaxy has started survey operations in the North Sea. The survey will gather the sea-bed data required to finalise the marine route and selection of the appropriate cable types. This
Boluda Towage Europe has won a five-year concession to provide towage services at the Port of Zeebrugge, Belgium.
China’s Chengxi Shipyard has secured an order to build two LNG-powered 50,000-dwt product tankers. CSSC Shipping, the leasing arm of China State Shipbuilding Corporation, is behind the order. Chengxi is also a unit of CSSC. The dual-fuel vessels have a price tag of $43 million, each. Several shipbro
The UK has launched a review into the existing offshore transmission regime to address the barriers it presents to further significant deployment of offshore wind. The current approach to designing and building offshore transmission was developed when offshore wind was a nascent sector and industry
MISC Berhad inks MOA with six subsidiaries of China-based Zhejiang Satellite Petrochemical for the purchase of six 98,000 cbm VLECs.
Ireland-Wales Greenlink Interconnector has secured a planning consent from the Pembrokeshire Coast National Park Authority for a portion of the project’s onshore works in Wales. This marks the first step in a series of planning consents required for the 200-kilometre subsea and underground electrici
U.S. liquefied natural gas (LNG) exports have experienced a recovery in price despite a continued drop in cargoes shipped.
French LNG containment specialist GTT has signed a global technical services deal with Norwegian shipowner Knutsen. Under the deal signed in June, the French company will support Knutsen with the maintenance and operation of 17 LNG carriers. GTT said in a statement on Wednesday the deal lasts until
OPEC, Russia, and other oil producers are set to meet on Wednesday to decide on the oil output policy from August onward.
The Isle of Man Ship Registry is set to launch the first-ever seafarer welfare app designed by a ship registry.
Greek containership owner Danaos Corporation managed to meet IMO 2030 carbon reduction targets eleven years ahead of schedule.
BW LPG, a unit of the Singapore gas shipping giant BW, has sold its old carrier Berge Summit to an unidentified owner for continued trading. The LPG shipper says the sale would generate about $9 million in liquidity and an expected net book gain of $4 million. BW took ownership of the 1990-built ver
Asian waters accounted for a third of large vessels lost at sea globally last year, even as large shipping losses are at a record low having fallen by over 20 per cent year-on-year, according to Allianz.
