Seadrill, Dolphin, and Borr are encouraged by signs of a rig market upcycle amid strong tendering and contracting activity.
At Sultan Qaboos Port, Oman has received the first liquefied hydrogen carrier ship Suiso Frontier as part of the Japanese tanker’s regional tour in the Middle East. Oman News Agency said that Salim Nasser Al Aufi, Minister of Energy and Minerals, and officials from the sectors of hydrogen, transport
A ship-based carbon capture (SBCC) prototype developed under the EverLoNG project was installed on an LNG-powered LNG carrier owned by energy major TotalEnergies while in drydock in Spain. The carbon capture unit was built in the Netherlands by carbon capture solutions provider Carbotreat. The insta
Swedish marine energy company Minesto has published its half-year report for 2023 with an increased net loss when compared to the first half of 2022. The company reported a net loss of SEK 9.78 million (around $902,000) as opposed to SEK 7.7 million (€727,000) recorded for the same period in 2022. T
The world’s first containership powered by green methanol has reached East Port Said, Egypt, its third bunkering stop on its maiden journey from Ulsan, South Korea to Copenhagen, Denmark. The ship, owned by industry major Maersk, arrived at the port on Tuesday, August 15, the Suez Canal Economic Zon
Archer has been awarded a multi-million-dollar decom contract by Repsol Sinopec to execute P&A work covering 32 wells in the UK North Sea.
RWE has selected DeepOcean as the preferred supplier of inter-array cable installation for the Nordseecluster A offshore wind project, the first of the two phases of RWE’s Nordseecluster development in the German part of the North Sea. The contract could also see the subsea services provider perform
Dutch shipping company Spliethoff has welcomed into the fleet m.v. Bloemgracht, its second newbuild DP2 multipurpose vessel, from China’s Fuzhou Mawei shipyard. “We are happy to announce that m.v. Bloemgracht has been delivered from Fuzhou Mawei shipyard to Spliethoff Group today, 11 August 2023 at
The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted detailed proposals for the next round of IMO negotiations set for July this year with the aim of increasing decarbonization targets and setting a course for a net-zero future. The subm
The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membership milestone, and the association now represents 32% of the global dry bulk fleet dwt. INTERCARGO has within its global fleet more than 3,200 bulkers registered by over 155 dry bulk owners/managers/ope
Maritime fuel supplier Peninsula has welcomed into the fleet Hercules Sky, a modern oil chemical tanker. With a tank capacity of 9000cbm and a pump rate above 500cbm/hr, the 2021-built Hercules Sky is a modern barge that will strengthen Peninsula’s physical operations in the Gibraltar Strait. The Pa
Oceanbird, a project aimed at developing a wind-powered cargo ship, is moving forward with the assembly of a land-based prototype of Oceanbird Wing 560, its first full-scale wing sail. The Alfa Laval and Wallenius-backed JV company said that the prototype will be assembled at the Oresund DryDocks sh
Belgian tanker shipping major Euronav has announced the results of its long-awaited special meeting of shareholders in Antwerp and the vote on resolutions submitted by the company’s top shareholders Famatown Finance Ltd and Compagnie Maritime Belge NV (CMB). As reported earlier, CMB was seeking the
The European Parliament and the Council have reached a deal on the increase of maritime transport’s contribution to reaching the EU-wide target of achieving climate neutrality in 2050. Namely, early this morning co-legislators agreed on FuelEU Maritime – a new EU regulation ensuring that the greenho
