Norway’s oil and gas company OKEA is getting ready to welcome a drilling rig managed by Odfjell Drilling to the location of its North Sea tie-back project, where drilling activities are set to kick off next week.
Chile-headquartered towage services provider SAAM Towage has decided to add two more environmentally friendly units to its roster for service in Chile and Peru. As disclosed, the vessels in question are a duo of 24.4 meters long and 12 meters wide tugboats, named SAAM Petrel and the SAAM Charrán. Th
DOF Group has landed a set of long-term assignments off the coast of Brazil for two anchor handling tug supply (AHTS) vessels with the country’s state-owned energy giant Petrobras.
Japan-based technology company Eco Marine Power has commenced onboard evaluation trials of its updated solar power system, known as Aquarius Marine Solar Power, along with the first of several photovoltaic (PV) module technologies.
Greek tanker owner Performance Shipping has taken delivery of its first LNG-ready LR2 Aframax newbuild from Shanghai Waigaoqiao Shipbuilding in China.
From 2027, the Port of Hamburg will require all shore power-capable cruise vessels to plug in while docked, marking a major step in the port’s decarbonization efforts. According to the port’s officials, all cruise terminals are to be equipped with shore power facilities from 2026. Shore power connec
EverWind Fuels, a North American developer of a green fuels hub, has received a fleet of three lower-emission tugboats that will support its Point Tupper Green Fuels Project and marine operations across the Strait of Canso, Canada.
The Netherlands-headquartered Fugro has secured a series of contracts for offshore and onshore site surveys in the United Arab Emirates, supporting two of the country’s largest energy field development programs. Work is set to begin in August 2025. The scope includes geophysical and geotechnical inv
Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a two-year extension to its offshore analysis services contract in Egypt, supporting what is described as a “major” operator’s subsea well campaigns. Under the initial contract awarded in 2023, the UK-ba
South Korea has pledged $150 billion into a dedicated United States shipbuilding rejuvenation fund, as part of a much larger, $350 billion bilateral trade agreement with Washington. According to the South Korean government, the deal will aim to breathe new life into the American vessel construction
Bermuda-headquartered crude oil tanker company DHT Holdings has entered into a $308.4 million senior secured credit facility for the post-delivery financing of four of the company’s newbuilds currently under construction in South Korea. The vessels in question are a quartet of environmentally friend
Flotte Hamburg (Hamburg Fleet), a wholly owned subsidiary of the Hamburg Port Authority, has decided to trial the use of hydrotreated vegetable oil (HVO 100) as part of its decarbonization strategy.
South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a shipbuilding intermediate holding company of HD Hyundai, has been commissioned by Greece-based shipowner Capital to build a new pair of dual-fuel liquefied natural gas (LNG)-powered container vessels. According to Greek shipbrok
UK shipping company Union Maritime has closed a $130 million delivery financing agreement for two newbuild long-range (LR2) tankers that will be fitted with LNG dual-fuel and wind-assisted propulsion solutions.
