According to Shell’s latest annual LNG Outlook, the global trade in LNG increased 6 per cent to 380 million tonnes during 2021 amid supply constraints and volatile prices.
Five competition authorities have formed a working group to help prevent anti-competitive conduct from occurring in the supply and distribution of goods.
Renewable Energy Group (REG), a producer and supplier of renewable fuels, has entered into a strategic global collaboration agreement with Bunker Holding Group, a supplier and trader of marine fuels, to further develop the U.S. and EU marine markets for sustainable bio-based diesel.
More than $150 million in zero-emissions demonstration projects at Port of Long Beach (POLB) container terminals are helping to nurture zero-emissions technology, according to Heather Tomley, the port’s Managing Director of Planning and Environmental Affairs.
UAE’s ADNOC has awarded framework agreements to four oilfield services providers valued at $1.94 billion to enable drilling growth.
NOV, a provider of technology solutions, has signed an agreement with a group of energy players in a joint industry project (JIP) to work on an economical subsea storage solution for the market.
French LNG containment specialist Gaztransport & Technigaz (GTT) reports solid earnings at high-end of annual targets for 2021, with 68 LNG carrier orders, amongst others.
Supported by the U.S. Department of Energy (DOE) funding, the researchers at Portland State University (PSU) are preparing to test and validate a new type of electromagnetic device that turns ocean waves into a source of renewable energy.
EU’s proposal to expand shore power is not the right strategy to obtain a sustainable reduction in emissions by shipping, German seaports believe.
The CEO of the classification society American Bureau of Shipping (ABS) says government support is crucial if hydrogen and carbon capture are to deliver net-zero.
Norwegian maritime group Wilhelmsen has acquired a 21% stake in the compatriot subsea contractor Reach Subsea to position itself in the renewable value chain and explore the remote subsea concept.
BMO Financial Group, acting as lead sustainability structuring coordinator in a syndicate of Canadian, U.S. and European banks, has announced a financing deal with Hong Kong-based containership owner and operator Seaspan.
Classification society RINA has granted approval in principle (AiP) to a hydrogen-powered MR tanker design developed by Swedish designer FKAB Marine Design.
Noble Corporation has secured more work for its rigs, including a conditional award for four drillships working for ExxonMobil in Guyana.
