As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want to miss out on …
Swedish wave energy developer Ocean Harvesting Technologies has commissioned a Hardware-in-the-Loop (HIL) test rig to validate the InfinityWEC’s power take-off (PTO) with instant force control capabilities. Concept for Ocean Harvesting’s InfinityWEC (Courtesy of Ocean Harvesting Technologies) The test rig, built at 1:10 scale, simulates the buoy motion with force feedback from the PTO system, and …
Ocean Harvesting commissions InfinityWEC test rig Read More »
French energy major TotalEnergies is preparing to drill a wildcat well in waters offshore Namibia, using a Maersk Drilling-owned drillship. According to the latest AIS data, the Maersk Voyager drillship departed Luanda, Angola on 14 November and is expected to reach Walvis Bay in Namibia later on Friday. Before heading to Namibia, the drillship worked …
Maersk drillship gearing up for Namibian ultra-deepwater well Read More »
International shipping should strive to achieve net zero CO2 emissions by 2050, the Council of Members of the International Association of Independent Tanker Owners (INTERTANKO) has agreed. Illustration. Image by Navingo This doubles the level of ambition set in the International Maritime Organization’s Initial Strategy for GHG Emissions Reductions from International Shipping (IMO GHG Strategy), …
INTERTANKO backs shipping’s net zero emissions path by 2050 Read More »
Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that: The M/V Magic Nova, a 2010 built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate equal to 92% of the average of the Baltic Panamax Index 5TC routes1. The …
Castor Maritime Inc. Announces New Charter Agreements Read More »
On this day, November 18th, 2021, at the Tadotsu Shipyard Co., Ltd., which is part of the Imabari Shipbuilding Group, the 90,000DWT bulk carrier “LIN MIARAK” has been completed and delivered. The vessel will be regularly engaged in coal transportation for Kobe Steel, Ltd. under a longterm consecutive voyage charter contract (CVC). The ship was …
Launching of a 90,000-dwt Bulk Carrier “LIN MIARAK” Read More »
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto; Headquarters: Minato-ku, Tokyo) and team Eco Trinity (Note 1), led by Novelgen Co., Ltd. (President: Jun Ogura; Headquarters: Nagahama-shi, Shiga Prefecture), yesterday announced the successful production of carbon products-a potential source of energy comparable to wood pellets-from microplastics and microalgae (Note 2), collected by a …
Swire Projects (the Projects Division of Swire Shipping Pte. Ltd.) and Nordic Project & Finance have signed an agreement for the long-term charter of six Multipurpose Heavylift vessels. The terms of the charter remain confidential. The long-term charters include 4 x 12700dwt and 2 x 19600dwt MPP vessels built between 2007 and 2011. The vessels …
A significant number of contract notices seeking services within the offshore wind industry has been issued over the past several weeks. The work required spans several European markets and covers offshore investigations, certification services, vessel services, offshore maintenance, electricity output marketing, ecological studies, and others. Premium content Checking for account. You need javascript to validate …
The March 2021 grounding of the 20,150 TEU containership Ever Given and the consequent blockage of the Suez Canal had far-reaching implications for the shipping industry. Ever Given; Image courtesy: The Suez Canal Authority The 400-meter-long and 59-meter-wide Ever Given, too big to allow other ships to squeeze through, was stuck in a narrow point …
