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In 2022, Norfolk Boreas was awarded a contract-for-difference (CfD) at a UK record low price of £37.35 MWh, but the global economic situation has changed dramatically since. The CfD scheme …
The LR report, Fuel for Thought: Methanol, found that while technology for methanol as a marine fuel is feasible, available and mature, with "most engine makers" ready or soon to …
MAN head of R&D four-stroke engines Alexander Knafl said the manufacturer is pursuing this project in alignment with its own strategy for developing newer engine technologies and welcomed the opportun
Shipowners are installing closed circuit television (CCTV) to keep track of operations on their vessels and are considering using AI to advance fleet operations. ShipIn Systems founder and chief exec
The agreement will see Teekay pilot the SulNOxEco fuel conditioner in Gibraltar and Singapore. SulNOx’s fuel conditioner aims to improve fuel efficiency and reduce emissions and particulate matter by
In one of the settlements, Swire Shipping, a privately owned entity based in Singapore, has agreed to pay US$137,000 in penalties in relation to its vessels, notably 2015-built, 1,600-TEU container …
Russia has been successful in finding alternative clients for its refined products. Countries that boosted imports from Russia this year include Turkey, Brazil, Nigeria and Ghana as well as nations …
Höegh previously ordered eight Aurora-class vessels at China Merchants Heavy Industry (Jiangsu) shipyard. These options bring the total number of newbuildings on order to 12 vessels. The company has f
In April 2023, Greece’s Capital Gas inked a deal with Hyundai Samho Heavy Industries (HSHI) for two 174,000-m3 LNG carriers, priced at US$259.5M. Both vessels have a delivery date of …
In one of the settlements, Swire Shipping, a privately owned entity based in Singapore, has agreed to pay US$137,000 in penalties in relation to its vessels, notably 2015-built, 1,600-TEU container …
More than 7,400 workers from ILWU went on strike from 1 July until 13 July over issues including the increasing cost of living. A tentative agreement had been reached between …
Contracts In contracts news, a seventh-generation Transocean drillship has been awarded a 1,080-day contract in the Gulf of Mexico by an independent operator in late 2025 or early 2026. The …
On a visit to the country’s capital Manila in mid-July 2023, Corio Generation deputy chief executive Alejandro de Hoz met with Secretary of the Department of Energy Raphael ‘Popo’ Lotilla. …
Its flex-lay technology supported major projects in Gabon and Angola and a subsea development offshore Norway in 2023. In Gabon, a MDL TTS-4/140-series tensioner was used to install a 12-inch …
SeaZip Offshore Service managing owner Jan Reier Arends said, “We aim to build international capabilities to provide a fleet of vessels for Polish offshore projects. We are pleased this has …
Med Marine is building four escort-class tugboats at the Eregli Shipyard to support an offshore LNG terminal in Greece following the Svitzer order. These azimuth stern drive (ASD) tugs will …
In a new report, the RIVM notes the need to protect offshore wind turbines from corrosion using specific types of metals and epoxy coatings. It has calculated whether materials used …
‘Mid-scale LNG carriers’ refers to any vessel with a capacity of between 40,000 and 100,000 m3, which means that the price of building a mid-scale ship is much lower than …
Publication of the draft legislation marks the beginning of a 30-day public consultation period. The aim of the legislation is to develop a legal framework for the development of offshore …
The New Canaan, Connecticut-headquartered owner is modernising and expanding its fleet with a series of newbuildings at US shipyards. Adding these two newbuilds will bring the number of tugs Moran …
