
An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security.

Spain’s GONDAN Shipbuilders has placed an order with Finnish company Steerprop to deliver propulsion for a new hybrid tugboat, the first tug design from naval architect Skipsteknisk, destined for Norwegian shipowner Østensjø Rederi. Steerprop will supply dual-end versions of its SP 50 W D propulsors