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In focus: Europe’s energy security caught between high prices and climate crisis

Winter is at our doorstep and concerns over the security of energy supplies are growing with each passing day. Over the past several months, governments and industries put their efforts into finding ways to tackle both energy and climate crises at the same time. The struggle continues with new regulations and incentives being introduced across …

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SWS delivers Aframax dual-fuel tanker Proteus Iwona

Proteus Iwona; Image credit: CCS Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS) has delivered the second 109,000-dwt Aframax dual-fuel tanker Proteus Iwona to Bank of Communications Financial Leasing Co (BoComm). This vessel is the first 109,000-dwt Aframax dual-fuel tanker classed by the China Classification Society (CCS) from the series. Proteus Iwona is a new generation dual-fuel …

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Maersk, Siemens Energy, SCZONE get together to discuss green hydrogen projects

Danish shipping giant Maersk, German energy firm Siemens Energy and the Suez Canal Economic Zone (SCZONE) have met to discuss green hydrogen projects ahead of the 2022 United Nations Climate Change Conference (COP27) summit in Egypt. Courtesy of SCZONE During the meeting, the parties discussed the framework of the feasibility studies carried out by the companies …

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New tender calls show EU countries pressing ahead with plans to add more offshore wind capacity

Several EU Member States have increased their offshore wind ambitions – with some also making joint vows to install massive amounts of new capacity by 2030 and beyond – and invitations to tender released this week show Germany, Ireland, and the Netherlands are actively working to prepare the stage for the buildout of new offshore …

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Seadrill to offload stake in Bermuda-based firm

Offshore drilling contractor Seadrill has decided to sell its interests in Paratus Energy Services Limited – formerly Seadrill New Finance Limited – to three existing shareholders of the Bermuda-based player, which acts as the holding company of a group of energy services companies, owning and operating semi-submersible rigs, deepwater drillships, and jack-ups. Seadrill disclosed on …

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UAE firm boosting subsea offering with purchase of 2014-built vessel

Safeen Offshore, part of AD Ports Group, is acquiring a new support vessel with the aim of enhancing its subsea service capabilities. The vessel, built in 2014, will operate under the name Safeen Surveyor and will undergo an extensive conversion, including the installation of an integrated dive system to support pipeline repair and maintenance. Source: …

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IMO: We need all hands on deck for just and inclusive transition to low-carbon shipping

Decarbonizing international shipping is a priority issue for the International Maritime Organization (IMO) and we need all hands on deck to support the maritime sector’s energy transition, IMO’s Secretary General Kitack Lim emphasized at the Second IMO Symposium on low- and zero-carbon fuels for shipping. Following the success of last year’s symposium, when IMO held …

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