The European Commission has granted approval for the joint acquisition of France LNG Shipping (FLS) by a consortium including Japanese shipping colossal NYK, French shipowner Geogas Maritime and compatriot infrastrucure fund manager DIF Management, as well as capital market company Marigold, a subsi
RWE Supply & Trading has signed a memorandum of understanding (MoU) with AM Green Ammonia (AMG), a subsidiary of AM Green Group, for the long-term supply of green ammonia.
Italian shipping colossal Grimaldi Group has secured a majority stake in the Heraklion Port Authority (HPA), inking the first lines of a new chapter for the port’s growth and development as estimates suggest the acquisition could expand the port’s trade capabilities and accelerate its transition tow
After the acquisition of UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, by Canada-based Touchstone Exploration was upheaved by a cash offer from a third player, Trinidad-headquartered Lease Operators, the new w
LUSH Cosmetics, a UK-based cosmetics-sustainability leader, has partnered with Bournemouth University to co-fund a three-year PhD studentship aimed at exploring the development of a new tidal energy station in Poole Harbor, UK. If successful, the development of a 150 kWh tidal energy station in Pool
The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced grants totalling nearly $300 million from President Biden’s Bipartisan Infrastructure Law to expand and modernize the nation’s ferry systems.
Beam, a new brand formed by the merger of UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst, has added two autonomous surface vessels (ASVs) and an electric work-class remotely operated vehicle (ROV) to its fleet. Under the brand-new name, the companies aim to bring technol
Finnish shipping company Viking Line, compatriot road transportation company Scandic Trans and food business operator Orkla Suomi have launched a biofuel-powered scheduled freight service, opening the Baltic Sea’s first green freight corridor.
Amogy, HD KSOE, POSCO, Seoul National University (SNU) and ABS have partnered up to jointly explore the technological feasibility of an innovative offshore ammonia cracking solution aimed at delivering low-cost, accessible clean hydrogen fuel.
Ports of Stockholm has inaugurated ‘Sweden’s first’ onshore power connection for international cruise ships, improving the region’s position as a sustainable cruise traffic destination.
Ahead of the Marine Environment Protection Committee’s (MEPC 82) session, the International Association of Dry Cargo Shipowners (INTERCARGO) has submitted a series of proposals to the International Maritime Organization (IMO), calling for revisions of the Carbon Intensity Indicator (CII). INTERCARGO
Bermuda-headquartered offshore drilling contractor Seadrill has established a strategic collaboration with Texas-headquartered Oil States International with the aim of “transforming” offshore drilling efficiency and safety by bringing managed pressure drilling (MPD) into mainstream operations. The n
France’s tubular solutions provider Vallourec has entered into a definitive agreement with Mattr to acquire 100% of the shares in its subsidiary, Thermotite do Brasil, a provider of thermal insulation pipe coating services for the offshore oil and gas industry. Vallourec is acquiring Thermotite do B
Sembcorp Green Hydrogen India Private Limited is in discussions with Bharat Petroleum Corporation Limited (BPCL) to enter into a definitive joint venture agreement for renewable energy and green hydrogen projects across India.
