KOTUG Canada, a partnership between KOTUG International and Canada’s Horizon Maritime, has held a keel-laying ceremony for two dual-fuel methanol escort tugs that will service the Trans Mountain Expansion Project (TMEP). The post KOTUG lays keel of methanol dual-fuel escort tug duo appeared first on Offshore Energy.
Electric Hydrogen has announced $100 million in corporate credit financing to back the manufacturing and deployment of its 100 MW electrolyzer plants. The post Electric Hydrogen obtains $100 million to support its 100 MW electrolyzer plants appeared first on Offshore Energy.
James Fisher Decommissioning has completed its largest decommissioning project to date for a “major” operator in the Gulf of Thailand. The post James Fisher wraps up its largest decom project so far appeared first on Offshore Energy.
The new analysis, commissioned by the Global Maritime Forum (GMF) and conducted by engineering and sustainable development consultancy Arup, projects that the maritime sector’s transition to e-fuels could support up to four million new green jobs by 2050, double the number of seafarers serving globally today. The post GMF: Decarbonization could create up to four …
The first-ever energy link between the UK and Germany is moving into the next […] The post First UK-Germany energy link enters next stage of construction appeared first on Offshore Energy.
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months March 31, 2024. First Quarter 2024 and Year-to-Date Highlights Dividend: Declared a $0.42 per share dividend for Q1 2024 19th consecutive quarterly payout …
Genco Shipping & Trading Limited Announces Q1 2024 Financial Results Read More »
ABS and Seatrium have enhanced their long running partnership on cutting-edge marine and technology projects with the signing of a three-year Technology Collaboration Agreement (TCA) at the Offshore Technology Conference (OTC). Entitled “Accelerating Decarbonization and Energy Transition,” the agreement is the foundation for further collaboration on a succession of state-of-the-art projects under four broad themes: …
Classification society DNV announced at OTC Houston that its new rules and standards for the offshore industry will be published in July after receiving industry feedback. The new DNV rules cover several segments, including underwater systems and installations, offshore units, diving systems, structural design, and drilling systems. The DNV rules and standards undergo an extensive …
DNV announces new offshore rules are set for publication Read More »
ClassNK has released the report ‘ClassNK Alternative Fuels Insight,’ which summarizes the characteristics and latest trends of alternative fuels to support our customers’ future fuel selection. Amidst the pressing need for society-wide reduction of GHG emissions, regulations aimed at further promoting GHG emission reductions in international shipping are being introduced. This heralds the arrival of …
On April 23, NYK became a member of the Smart Freight Centre (“SFC”), an international non-profit organization that aims to reduce greenhouse gas (“GHG”) emissions in the logistics sector. The Global Ro-Ro Community, which aims to standardize the calculation of GHG emissions from Ro-Ro vessels* such as car carriers, was established with SFC, Wallenius Wilhelmsen, …
