Methanex Corporation and Mitsui O.S.K. Lines, Ltd. are pleased to announce that the parties have concluded Key Commercial Terms for the purchase and sale of an equity position in, and the establishment of a strategic partnership involving, Methanex’s Waterfront Shipping (WFS) subsidiary. With a fleet of approximately 800 vessels, MOL is one of the world’s …
Maersk is redesigning its ocean network in West & Central Asia that connects countries including India, Bangladesh, Sri Lanka, Pakistan, UAE and Saudi Arabia to the world. The changes in network are primarily aimed at improving speed to market, providing higher predictability and offering more flexibility to customers’ supply chains. Further, redesigning the network will …
Maersk to redesign its ocean network in West & Central Asia to create customer value Read More »
ECONNECT Energy and Amon Maritime announce the launch of joint venture – Azane Fuel Solutions. The new company will fill an existing gap in the ammonia fuel value chain by developing ammonia ship bunkering infrastructure technology, products and services. • Azane Fuel Solutions will help realise our ambition to accelerate the green shift to zero-carbon …
A number of energy transition-related updates hit our headlines this week, from new developments in the renewables sector to further initiatives in ship decarbonisation – and oil & gas companies’ new moves in both of those, and more. Premium content You are currently not logged into your account. Register and get a two week trial. …
In focus: Oil & gas players taking lead roles in energy transition Read More »
Two Norway-based companies have launched a joint venture to fill an existing gap in the ammonia fuel value chain by developing ammonia ship bunkering infrastructure technology, products and services. The new company, Azane Fuel Solutions, has been created by technology company ECONNECT Energy and zero-emission ship project specialist Amon Maritime. As explained, the JV will …
Norwegian duo to build 1st ammonia bunkering terminals Read More »
The partners in the EU-backed SafeWAVE project have started collecting environmental data around GEPS Techno’s wave and solar energy hybrid WAVEGEM at SEM-REV test site in France. In order to collect data, the SEM-REV centre teamed up with the company RTSYS, specialized in acoustics and underwater robotics, which is also a partner in the SafeWAVE …
SafeWAVE kicks off wave energy environmental data collection Read More »
Norskan, DOF ASA’s Brazilian subsidiary, has secured two contracts for its Anchor Handling Tug Supply (AHTS) vessels with Petrobras and Equinor, respectively. Anchor handler Skandi Paraty has been awarded a one-year contract extension with Petrobras until July 2022. The vessel features a remotely operated vehicle (ROV) operated by DOF Subsea Brasil. Additionally, DOF’s Skandi Iguaçu is …
New York-based tanker company International Seaways (INSW) has completed a merger with Greenwich-based energy shipping company Diamond S Shipping. Following the completion of the transaction, International Seaways is now the second-largest U.S.-listed tanker company by vessel count with over 100 vessels and the third-largest by deadweight, aggregating approximately 11.3 million dwt. As informed, the combined …
International Seaways officially becomes 2nd largest US-listed tanker company Read More »
An offshore drilling contractor previously known as Seadrill Partners has secured a contract with Equinor for the Vela drillship for operations in the U.S. Gulf of Mexico and revealed a new name for the company following its exit from bankruptcy. Aquadrill, formerly known as Seadrill Partners, said in a statement on Thursday that it had …
Seadrill Partners reveals new name as Equinor hires Vela drillship Read More »
Danish wave energy company Wavepiston has completed the factory acceptance test (FAT) for its wave energy power generation and desalination units that will be deployed off Canary Islands. Illustration/Wavepiston’s wave energy collectors at PLOCAN (Courtesy of PLOCAN) Wavepiston’s wave energy system consists of energy collectors placed in the ocean. The energy collectors produce pressurized seawater …
Wavepiston aces FATs for power generation and desalination units Read More »
