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As digitalisation is gaining fast ground, the idea that cross-industry data sharing helps create a safer, cleaner and more efficient shipping is indisputable. In fact, less and less territory is being left uncharted when it comes to exploring the benefits of data exchange and holistic solutions that drive digital maturity and shape the connected environment. …

IMO: Digitalisation and regulatory framework of data sharing in the maritime industry Read More »

Petronas Carigali (PCSB), a wholly-owned subsidiary of Malaysia’s state-owned energy giant Petronas, has entered into a heads of agreement (HOA) with JX Nippon for a cluster of fields located offshore Peninsular Malaysia. The two companies entered into this agreement on 5 December 2022 to collaborate in developing a joint proposal to monetise the gas potential within …

Two players seeking to monetise gas potential from Malaysian offshore fields Read More »

Danish shipping and logistics giant A.P. Moller – Maersk has signed a Letter of Intent (LoI) with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, to form strategic green methanol partnership as part of its strategy to decarbonise customers’ supply chain. With this LoI, SunGas joins eight other strategic partners working to supply the …

Maersk and SunGas Renewables form green methanol partnership Read More »

Singapore-based maritime tech solutions provider Ascenz has been selected by a major European ferry owner to equip two vessels with its Smart Bunkering solution.  As informed, this tool allows a precise monitoring of the bunkering process in order to avoid any error or malpractice likely to affect the quantity of fuel bunkered. Photo: Ascenz The …

European ferry owner to install Ascenz’s smart bunkering tech on vessel duo Read More »

Norwegian state-owned energy giant Equinor has started production from the Johan Sverdrup Phase 2 project in the North Sea off Norway, ensuring that the entire field is now online. The majority of the oil and gas output from this field is expected to head for Europe, strengthening its energy security. While announcing the start of …

Giant North Sea oil field going full throttle as Phase 2 comes on stream Read More »

Courtesy of Euronav Belgium-based tanker shipping giant Euronav informed earlier today that it has received a letter from its biggest shareholder Compagnie Maritime Belge (CMB) seeking termination of the company’s tie-up with Frontline. The letter was addressed to Euronav’s Supervisory Board, following the publication of a 13D filing in relation to the recent increase of its holdings …

Euronav confirms CMB sought to quash tie-up with Frontline Read More »