The Middle East, in particular Saudi Arabia and Abu Dhabi, are investing heavily in their respective oil and gas industries, and making no bones about their growth and expansion plans. Saudi Arabia announced they would be rapidly scaling up oil production in the region, producing 12 million barrels per day and aiming for 13 million …
A groundbreaking ceremony for the hull of the demonstration test ship for liquefied CO2 transportation was held today, 7 October 2022 at the Shimonoseki Shipyard of Mitsubishi Shipbuilding Corporation (Shimonoseki, Yamaguchi; hereinafter ‘Mitsubishi Shipbuilding’). This hull of demonstration test ship will be equipped with the liquefied CO2 tank system which is researched and developed by …
The Cyprus Shipping Deputy Ministry (SDM) has enacted the “Shipping Limited Liability Company (S.L.L.C.) Law of 2022”, which was ratified by Cyprus Parliament on 6 October 2022. The new legislation aims to simplify the procedures and operating regime of Cypriot shipping companies that own Cyprus ships, while safeguarding the competitiveness of the Cyprus flag in …
Mitsui O.S.K. Lines, Ltd. announced that it signed a deal for financing, through a transition linked loan, relying on a transition finance framework and the Sustainability-Linked Loan Principles, from Sumitomo Mitsui Banking Corporation (President and Chief Executive Officer: Makoto Takashima; Head Office: Chiyoda-ku, Tokyo) to fund the construction of the SHOFU MARU, the world’s first …
As there are always BETTER WAYS to address a market, CMA CGM – Short Sea Lines Division is pleased to announce our new butterfly MOROCCO SHUTTLE service launching as from WEEK 45 between MOROCCO | FRANCE | SPAIN. This new weekly service (starting ex Agadir on November 10th, 2022)-on top of addressing Moroccan cabotage- will …
The Stella Maris chaplain and volunteers still operating in Odesa are facing increasing demands for mental health support from Ukrainian seafarers and their families suffering trauma, worry and fear during the ongoing war. The Stella Maris Seafarers Support Service, a new programme of medium to long term support from professional psychologists in Ukraine, is now …
Stella Maris unveils mental health support platform for Ukrainian seafarers and families Read More »
Global, sector-focused law firm HFW has helped fund a new service providing mental health support to Ukrainian seafarers and their families. The Stella Maris Seafarers Support Service provides access to professional psychologists to help affected individuals deal with the mental and emotional impact of the war in Ukraine. Martin Foley, UK CEO, Stella Maris: The …
HFW Helps Fund New Support Service For Ukrainian Seafarers Read More »
A UK-based operator has agreed to buy the Dutch North Sea businesses of two different oil and gas companies. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want to miss out on any information about Offshore …
UK operator buys two batches of Dutch North Sea assets Read More »
Pacific Coast governments — California, Oregon, Washington and British Columbia — have signed a new Statement of Cooperation (SOC), including an initiative to pursue zero-carbon shipping and decarbonize port equipment and operations. Courtesy of Port of Los Angeles The U.S. West Coast states and B.C. have some of the world’s most ambitious transportation electrification and …
Pacific Coast govts set sights on port electrification and maritime decarbonisation Read More »
MidOcean Energy, an LNG company formed and managed by energy and infrastructure investor EIG, has entered into a definitive agreement to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects. Under the terms of the agreement, MidOcean will acquire Tokyo Gas’ interests in Gorgon LNG, Ichthys LNG, Pluto LNG and Queensland …
