Monaco-based bulker owner Safe Bulkers has acquired a Japanese-built Post-Panamax class, 87,000 dwt, eco-efficient newbuild vessel. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to greenhouse gas, EEDI, Phase 3. Once delivered in the third quarter o
Grieg Edge, an innovation hub established by Grieg Star Group, and Wärtsilä Norway have secured financial support for their project to build the world’s first green ammonia fueled tanker – to ship green ammonia. Specifically, the MS Green Ammonia project will receive NOK 46.3 million from the Norweg
The International Labour Organisation’s (ILO) Committee of Experts issued a ruling that governments have failed in their duty of care towards seafarers under international law during the COVID-19 pandemic. In the first ruling of its kind, the committee of 20 jurists found that governments failed abj
Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway.
Energean has completed its acquisition of Edison E&P. Energean has also entered into new gas sales agreements to supply the gas in Israel.
DNV GL will verify that the new infrastructure built for BHP’s Trion project in Mexico is compliant with local and global safety requirements.
The Nanjing Jinling shipyard in China cut the steel for the third hybrid Ro-Ro vessel owned by Finnlines, Grimaldi’s RoRo and passenger company, earlier today. Furthermore, the keel laying of the first hybrid Ro-Ro took place on the same day. The new vessels are part of Finnlines’ ongoing € 500-mill
Northern Offshore and EnQuest have submitted combined decommissioning programmes for the Northern Producer FPF to the UK authorities.
Forty-five IMO Member States and one Associate Member, Hong Kong, have now designated seafarers as key workers, a key step in resolving the ongoing crew change crisis. Key worker designation is essential to exempt these professionals from specific COVID-related travel restrictions, allowing them to
UK oil and gas company Premier Oil will be renamed Harbour Energy following the completion of its merger with Chrysaor expected by the end of 1Q 2021.
Following a historic vote in parliament, the Norwegian Government on Tuesday announced its funding decision for the Northern Lights CO2 transport and storage project in Norway. The project will enable the shipping, reception, and sequestration of CO2 in geological strata in the Northern North Sea, a
Norway’s Equinor has to account for deficiencies that the country’s offshore safety authority has found on about two-thirds of its E&P activities.
Finnish auxiliary wind propulsion systems’ provider Norsepower Oy Ltd. has won its first newbuild order for the installation of a record five tilting Rotor Sails on board a large bulk carrier. The agreement heralds the first installation of Norsepower’s innovative Rotor Sails on a bulk carrier. The
Brazilian prosecutors have filed a civil lawsuit against Maersk, alleging corruption schemes in relation to securing shipping contracts with Petrobras.
