The Panama Canal closed its fiscal year 2021 with a record-breaking annual tonnage of 516.7 million Panama Canal tons (PC/UMS), coming in 8.7% higher compared to the 2020 fiscal year and 10% above tonnage registered in FY19, the waterway’s last pre-pandemic fiscal year.
Following two previous dry wells, ExxonMobil has also failed to find commercial hydrocarbons in its third well on the Canje Block, off Guyana.
Norwegian LNG carrier company Flex LNG has secured a pair of time-charter contracts with an undisclosed “energy major.”
Solstad Offshore has won a contract extension with Conoco Phillips for a platform supply vessel for operations offshore Norway.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a transition-linked loan to finance one of the world’s largest liquefied natural gas (LNG) bunkering vessels and the first one to be based in France, Gas Vitality.
Boundary Layer Technologies, a California based marine technology startup, has launched a fully electric hydrofoiling ferry concept design.
Germany-based dry bulk carrier owner and operator Oldendorff Carriers has signed a contract for two batches of newbuilding contracts for a series of eco-friendly Kamsarmax vessels with Chinese Hantong Shipyard.
Eidesvik Offshore has won a contract extension with Wintershall Dea for the platform supply vessel (PSV) Viking Princess.
Nordic energy company Gasum has bunkered liquefied biogas (LBG) for the first time to an offshore supply vessel (OSV) owned by Swedish oil firm Lundin Energy.
Germany has decided to provide subsidies in order to stimulate the construction of vessels for bunkering liquefied natural gas (LNG) and renewable fuels.
The PSA, Norway’s offshore safety watchdog, has confirmed Equinor will not get consent for Johan Castberg until the operator corrects all nonconformities.
Stockholm-based energy systems provider Echandia has signed an agreement to supply the world’s first emission-free high-speed catamaran with an integrated battery and hydrogen-based fuel cell system.
Finland’s technology group Wärtsilä has received an order to supply a propulsion system for a dual-fuel asphalt carrier built for Canadian operator McAsphalt Marine Transportation.
Orcadian has received three expressions of interest for the provision of an FPSO vessel for the Pilot development in the North Sea.
