Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion by dipping its toes into robotics and eyeing potential d
India has unveiled its intention to set up an INR 250 billion (about $2.9 billion) maritime development fund (MDF) to grow the national ship fleet and support the domestic shipbuilding and repair sector.
Orders for wind-assisted propulsion systems (WAPS) are set to accelerate in the coming years due to a surge in industry interest combined with systems builders and yards scaling up production and installation capacity, classification society DNV said.
With security in the Red Sea gradually improving, the Suez Canal is gearing up to handle global trade at full capacity, signaling the return of stability to this vital maritime corridor, the Suez Canal Authority (SCA) has revealed. Clearing skies, changing tides: The Suez Canal now The dark clouds a
Brazil’s state-owned oil and gas giant Petrobras has recorded an increase in its proven reserves of oil, condensate, and natural gas in 2024 compared to the previous year.
The hydrogen economy is currently in the critical phase of its development, according to data and analytics company GlobalData.
A rapid transition could lead to “premature scrapping” of over a third of the fleet, valued at over $400 billion, unless they undergo costly retrofits to remain competitive in the wake of new greenhouse gas (GHG) policies and wider energy transition, a new report shows.
With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom.
Among the flurries of orders issued in the first hours post-inauguration, the current President of the United States Donald Trump has positioned Louis E. Sola at the very helm of the Federal Maritime Commission (FMC) and cast a long shadow over critical maritime issues. As disclosed, Sola was first
Global adoption and the growth of the liquefied natural gas (LNG) pathway in the maritime industry has witnessed ‘record’ heights in the year 2024, a new analysis from industry coalition SEA-LNG has found. According to SEA-LNG’s annual “View from the Bridge” report, the growth of LNG-fueled vessels
China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025.
SSEN Transmission has entered into a capacity reservation agreement (CRA) with a consortium of Sumitomo Electric Industries and Van Oord for the supply and installation of a second 525 kV HVDC cable link between Shetland and the Scottish mainland, known as the Shetland 2 HVDC Link. The cable for the
Innovation in wind energy has been one of the main pillars driving the upscale of the sector, enabling better components, larger and stronger turbines, faster and more cost-effective logistics, but what about its integration into tenders? Innovative approaches in tender designs can have a major impa
Last week, a parliamentary debate brought the future of the UK’s marine energy sector into focus, as Members of Parliament (MPs) called for enhanced government support to harness the country’s tidal and wave energy potential. The discussion underscored the need for funding and initiatives to solidif
