Singapore-based ship management company Eastern Pacific Shipping (EPS) and UK tech provider SulNOx have signed an agreement encompassing investment and adoption of the latter’s products for reducing emissions and fuel consumption.
The Bulgarian Shipowners Association (BSA) has become the 22nd member of the European Community Shipowners’ Associations (ECSA), further expanding the network of the organization.
2024 was an exciting year in the ongoing development of the wind-assisted ship propulsion segment, with 54 large ships in operation and seven more designated as wind-ready.
Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent (LoI) to jointly explore opportunities for building a hydrogen network in Åland.
Portugal’s oil and gas company Galp has appointed two board members as interim Chief Executive Officers (CEOs) following the resignation of the firm’s previous leader.
The second interconnector between Malta and Italy has officially been approved in both countries following the final permit from the Italian Ministry for the Environment and Energy Security (MASE). The IC2 interconnector will consist of a 122-kilometer high-voltage alternating current (HVAC) electri
Described as the maritime industry’s “exceptional newbuilding year”, 2024 yielded a record number of LNG-fueled ship deliveries, according to the latest data from DNV’s AFI platform.
Human touch has taken its toll on the delicate North Sea ecosystem. With the growing pressure of climate change and demand for sustainable energy and food, this ecosystem keeps deteriorating. Preventing or preserving the North Sea now has an exclamation point. As a response, the Dutch Ministry of Ag
Subsea7 has secured a contract with Norway’s state-owned energy company Equinor to deliver a study that will finalize the technical definition of the proposed subsea development at a field off Norway before the final investment decision (FID) is reached. Subsea 7 has been appointed to deliver a fron
The Danish Energy Agency is today opening the fourth round of tenders inviting companies to apply for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark. The tender covers three areas near the Danish coast – Jammerbugt, Lisa and Inez, which are among several
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, and Norway’s Yara International, a crop nutrition company and a provider of environmental and agricultural solutions, have extended the existing contract of affreightment until 2033.
Wales has taken a step forward in marine planning by introducing its first Strategic Resource Areas (SRAs) for tidal stream energy, aiming to foster the sustainable development of marine energy while safeguarding sensitive ecosystems. The Welsh government launched its first marine plan in 2019, layi
The global containership order book hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the scrapping volumes are steadily declining, falling in the last three years well below average figures.
Norway’s Kongsberg Discovery, Kongsberg Gruppen’s business area for robotics and sensor technology, has acquired compatriot Naxys Technologies, a provider of underwater environmental monitoring solutions, specializing in recognizing the sound of oil & gas leaks. Formed in 1999, Naxys Technologies’ c
