Norway’s Ross Offshore has entered into an agreement with compatriot Teige Gruppen for the charter of the fishing vessel Sunny Lady for survey services. The agreement will initially consist of a charter for this summer where the vessel will be used to carry out several work assignments for Ross Offs
Bermuda-based Cool Company (CoolCo), an owner, operator and manager of LNG carriers, has concluded the regulatory review process for listing its shares on the New York Stock Exchange (NYSE). On 14 February, CoolCo announced it had filed a registration statement with the U.S. Securities and Exchange
Guangzhou Shipbuilding International (GSI), a subsidiary of state-owned China State Shipbuilding Corporation (CSSC), has signed a contract with Guangzhou Yuanhai Car Carrier Transportation, COSCO Shipping’s joint venture, to build three 7,000 CEU pure car truck carriers (PCTCs). The dual-fuel car ca
Carbon capture and storage (CCS) projects are increasingly gaining more prominence in the race to make the world cleaner and more sustainable, driven by the interest from some of the most important offshore energy players.
Minesto has awarded a contract to Orkney-based marine services provider Leask Marine for the installation of a drilled foundation anchor for the first Dragon 12 tidal energy kite system in Faroe Islands.
OCI, a global producer and distributor of hydrogen-based products, and Linde, a global industrial gases and engineering company, have signed a long-term agreement under which Linde will supply clean hydrogen and nitrogen to OCI’s new blue ammonia facility under development in Beaumont, Texas, US. OC
Oneka Technologies, a company developing wave-powered desalination solutions, has established an office at the Centre for Ocean Ventures and Entrepreneurship (COVE) in Nova Scotia.
Inelfe, a joint venture between the Spanish transmission system operator (TSO) Red Eléctrica and the French counterpart RTE, has awarded the engineering, procurement and construction (EPC) contracts for an electricity interconnection project that will link the two countries. The Biscay Gulf project
S.N. Corporation’s Unit-02 ship recycling yard at Shitalpur, Sitakunda in Bangladesh has been certified as compliant with the International Maritime Organization’s (IMO) guidelines for the Hong Kong Convention (HKC) on sustainable ship recycling. The certification process was undertaken by the Japan
Italian energy company Snam has selected Lithuanian oil and LNG terminals’ operator Klaipedos Nafta (KN) for collaboration in the start-up of a greenfield FSRU-based LNG terminal in the port of Piombino. KN said it will support Snam in the FSRU installation and subsequent commissioning and testing o
An industrial-scale concept for a floating green ammonia production unit developed by Netherland-based SwitcH2 BV and Norway-based BW Offshore has secured Approval in Principle (AiP) from classification society DNV. With AiP in place, the technical feasibility of the design has been affirmed and the
Italian cabling giant Prysmian Group has reported that 2022 was its best year ever in terms of financial results as its profits and cash generation had grown by over 50 per cent. For 2022, Prysmian’s adjusted EBITDA amounted to €1,488 million, representing a +52.5 per cent growth compared to 2021, w
Eight international associations and trade organisations have sent a joint letter urging the Group of Seven (G7) nations to affirm the role of natural gas and liquefied natural gas (LNG) in meeting energy security and climate objectives. The letter was sent to Japanese Prime Minister and current G7
ZIM Sammy Ofer, the first LNG-fuelled containership to join ZIM’s fleet, has kick-started its maiden voyage, the Israeli shipping company said. The containership departed Asia earlier this week heading for the United States East Coast. The vessel joins ZIM’s flagship service, ZIM Container Service P
