Three shipping and ship management companies within the Japanese NYK Group – namely, Asahi Shipping, Hachiuma Steamship and Mitsubishi Ore Transport – will merge to enhance competitiveness in the industry.
Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, is selling its 11-year-old offshore subsea construction vessel (OSCV) as part of its fleet renewal program. Sea1 Offshore has signed an agreement to sell the 2014-built OSCV Sea1 Spearfish, currently on contract with PXGEO, to
John Cockerill and Viettel Group have signed a memorandum of understanding (MoU) for exploring long-term cooperation to develop a Vietnam-based manufacturing and supply chain for pressurized alkaline water electrolyzers for green hydrogen production.
Türkiye Petrolleri A.O. (TPAO) has become the 56th player to come on board the Oil and Gas Decarbonization Charter (OGDC), which is set on stepping up the worldwide decarbonization game in the oil and gas industry at speed and scale.
The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese shi
China’s COSCO Shipping Heavy Industry (CHI) and Germany’s engine maker MAN Energy Solutions (MAN ES) have signed a framework agreement to extend their collaboration on decarbonization retrofit projects.
Norwegian ammonia bunkering company Azane Fuel Solutions has established a bunkering infrastructure subsidiary to advance its plans for providing clean ammonia as shipping fuel.
UK energy market regulator Ofgem is considering whether to grant a penalty exemption for the joint venture (JV) developing the Eastern Green Link 1 (EGL1) subsea electricity superhighway due to a 16-month delay said to be caused by supply chain constraints. The 2 GW EGL1 HVDC multi-directional cable
The UK’s National Oceanography Centre (NOC) has launched an Innovation Hub in Southampton to boost progress in marine autonomous systems and drive sustainable growth in the blue economy. With a £200,000 (approximately $257,000) investment, the facility offers 304 square meters of space equipped with
Trade association Methanol Institute (MI) has welcomed India’s Deendayal Port Authority (DPA), Kandla, as its newest member.
HydePoint signed an MoU with Nel Hydrogen to work on scaling up hydrogen production in offshore, nearshore, and other harsh environments.
Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Limited (BPCL) have entered into a joint venture (JV) agreement to explore renewable energy and green hydrogen projects across India.
A joint venture of Perenco UK, Carbon Catalyst and Harbour Energy has concluded the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is deemed the UK’s largest depleted gas field. The test started in February and inc
U.S. ammonia producer CF Industries has joined forces with Japanese giants JERA and Mitsui & Co. on a $4 billion low-carbon ammonia project in Louisiana, U.S.
