SBM Offshore is making headway in piecing together a floating production, storage, and offloading (FPSO) vessel, which will be deployed on ExxonMobil’s sixth deepwater oil development project at the Stabroek block off the coast of Guyana.
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has entered a strategic collaboration with applied robotic solutions provider SeaTrepid International to install and test its software on one of SeaTrepid’s remotely operated vehicles (ROVs), aiming to enhance a
Continuing with fleet expansion, Singapore-based shipping company Pacific International Lines (PIL) has ordered five liquefied natural gas (LNG) dual fuel 9,000 TEU containerships in China.
UK-based tidal energy company Proteus Marine Renewables (PMR) has secured a design evaluation conformity certificate from ClassNK, Japan’s certification bureau, for its new tidal turbine. Building on the success of the AR500 project, PMR is advancing the development of its AR1100 turbine, which is s
Global towage provider Svitzer has signed a contract with Turkish shipyard Uzmar Shipbuilding for the construction of the “world-first” battery-methanol tug.
France’s Gaztransport & Technigaz (GTT) has secured a new deal related to the tank design of two new liquefied natural gas (LNG) carriers.
GCMD and NYK Line are advancing their Project LOTUS with the first biofuel blend bunkering on NYK’s short-sea vehicle carrier.
Tumpuan Megah Development, a subsidiary of Malaysia-based investment holding company Straits Energy Resources Berhad, has completed what is believed to be ‘the first delivery’ of International Sustainability and Carbon Certification (ISCC EU) certified marine biofuel by a Malaysian supplier.
Wind propulsion developer BAR Technologies (BAR) has entered into a partnership agreement with Nervion Naval Offshore (Nervion), a pioneer in floating offshore wind platforms, to manage and oversee the production of BAR Technologies’ WindWings in Europe. The agreement with Nervion, a company owned b
Japan’s Kobe-Osaka International Port Corporation is launching an initiative to showcase the operational prowess of hydrogen-fueled cargo handling machinery, marking a global first in converting a rubber-tired gantry (RTG) crane’s diesel engine generator to a hydrogen engine generator. The project i
Dealfeng New Energy Technology, a Chinese technical-based company integrating R&D and manufacturing of wind auxiliary propulsion rotor sail systems, has completed the installation of its rotor sails on a 5,000-ton class product oil tanker. The company said that the installation of its set of 4m x 16
Danish container shipping giant A.P. Moller-Maersk unveiled this morning a further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the container shipping industry. Despite
The global shipping industry is undergoing a profound transformation, and it’s not just about what fuel vessels burn. In a recent panel hosted by the Global Maritime Forum that brought together influential figures from the sector, including Michael Parker, Chairman of the Poseidon Principles, Genera
The Ports of Long Beach and Los Angeles are poised to undergo a transformative change as they secure government funding aimed at ushering in the widespread adoption of hydrogen fuel cell-powered equipment across all transportation modes within the port complexes. Namely, the U.S. Department of Energ
