Industry giants Chevron, Euronav, and Cargill have announced their joint operational efficiency ambition statement as part of the Global Maritime Forum Annual Summit in Athens. Under the ambition, the trio committed to adopt vessel optimization strategies that can decrease annual fuel consumption by
Royal Wagenborg’s EasyMax 3 vessel has hit the waters at the Royal Niestern Sander shipyard Farmsum, Netherlands. With a cargo capacity of more than 14.000 tonnes and a hold capacity of 625.000 cbft, the Easymax vessel type is the latest series in the company’s fleet. With an installed power of less
Danish container shipping heavyweight Maersk has signed its first methanol dual-fuel conversion project with Chinese shipbuilder Zhoushan Xinya Shipbuilding Co. The momentous deal, inked during a special ceremony held on October 18, 2023, signifies the inception of the world’s maiden containership m
As the world turns its attention toward a new/old conflict arising in the Middle East, offshore energy players are seeking new ways to curb climate change and bring us closer to a mellifluous cleaner, greener future. The energy transition process is moving ahead with each passing day but there is no
Harland & Wolff has secured a £61 million contract with Canadian oil and natural gas company Cenovus Energy for the mid-life upgrade of a floating production storage and offloading (FPSO) vessel. The SeaRose FPSO vessel is expected to arrive at the Harland & Wolff Belfast Yard in early 2024 and will
The Maritime and Port Authority of Singapore (MPA) has initiated a call for proposals from financial institutions, intermediaries, marine insurance providers, and brokers to expedite the use of electric harbour craft in Singapore, which is an integral part of MPA’s goal to achieve net-zero emissions
Australian energy giant Woodside Energy has removed the decommissioned Nganhurra riser turret mooring (RTM) from Australian water, which is now in transit to the shore for recycling and reuse. The Nganhurra RTM has been lifted onto a barge approximately 38 kilometers north of the North West Cape in
Wallenius Wilhelmsen and its project partners are working diligently on the development of the Orcelle Wind, an innovative wind-powered Pure Car Truck Carrier. Namely, parallel to the production of the first wing prototypes, the company is also working on the fine-tuning of the vessel design. The Al
NYK’s sixth LNG-fueled pure car and truck carrier, Sumire Leader, has started its transportation service for Mazda Motor Corporation, arriving at the port of Hiroshima on Oct 17 and the port of Nakanoseki on Oct 18. This vessel is the last of four LNG-fueled PCTCs delivered from China Merchants Jinl
Poland’s ORLEN Group is expanding the company’s presence in the global liquefied natural gas (LNG) market with two new fleet additions, LNG carriers (LNGCs) named ‘Saint Barbara’ and ‘Ignacy Łukasiewicz.’ LNG carrier ‘Saint Barbara’ pays homage to the patron saint of miners, oil and gas workers, whi
In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se
Noble Corporation’s jack-up rig Noble Intrepid has arrived at the Port of Aberdeen before mobilizing for Harbour Energy’s field in the North Sea. Port of Aberdeen announced on October 17 that it had welcomed the Noble Intrepid to Aberdeen South Harbour, where it will undergo reactivation work scopes
German energy company Mabanaft has signed a Memorandum of Understanding (MoU) with compatriot Fairplay Towage Group to supply hydrogen to their new tugs in the Port of Hamburg from 2025.
China Merchant Heavy Industries (CMHI) has contracted Norway-headquartered TMC Compressors to deliver the completed marine compressed air system for a newbuild FPSO the Chinese yard is constructing for Dutch FPSO operator SBM Offshore. Under the contract whose value remains undisclosed, TMC will pro
