JERA has announced the start of full-scale operations by its subsidiary JERA Energy India, established to widen business opportunities in the Indian market. The post JERA’s subsidiary in India begins operations appeared first on Offshore Energy.
Dutch Damen Shipyards Group is launching a pilot project in which a small tug will be dismantled at Damen Shiprepair Rotterdam’s Botlek site in a circular way and entirely in line with EU regulations. The post Damen embarks on a pilot project for circular ship recycling appeared first on Offshore Energy.
Shell has made strides in the pursuit of its strategy, which aims to bring more energy to the fore with a reduced emissions footprint. The post Shell collects $7.7 billion in profit against backdrop of lower energy prices appeared first on Offshore Energy.
Odfjell Drilling has been asked to handle the identified non-conformities and improvement points regarding emergency preparedness management at a semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS). The post New task for Odfjell Drilling related to rig non-conformities stemming from emergency preparedness management appeared first on Offshore Energy.
Kraken Robotics has reported a “strong start” to 2024 for its Service business with […] The post Kraken gathers $11 million in new contracts since beginning of 2024 appeared first on Offshore Energy.
A.P. Moller – Maersk (Maersk) delivered a first quarter in line with expectations showing a strong recovery in earnings compared to the fourth quarter of 2023. Results were driven by a good performance in Terminals and the combination of higher demand and a prolonged Red Sea crisis. As these conditions are expected to continue well …
Maersk Q1 results in line with expectations amid ongoing Red Sea disruptions Read More »
The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, ticked up to 1,683. The capesize index .BACI gained 16 points, or 0.8% to 2,116. The index was still …
Baltic index edges up on gains in larger vessels Read More »
QatarEnergy signed April 29 long-term time charter party agreements with three Chinese shipowners for the operation of nine new, ultra-modern LNG ships with a capacity of 271,000 cu m each, as part of its historic LNG fleet expansion program, the company said. The nine ships are part of 18 QC-Max LNG carriers that will be …
A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining a shadow fleet, delivering one of the harshest rebukes to the measure that had been meant to cut revenue to the Kremlin. The G7 group of industrialised nations approved a price cap for …
Western insurers say Russian oil price cap doesn’t work Read More »
In a landmark move for the ship recycling industry, Priya Blue Industries has unveiled Priya Blue City, a state-of-the-art labor accommodation facility in Alang, Gujarat, India. This project sets a new standard for the sector, emphasizing worker welfare and sustainability as fundamental pillars. In today’s global landscape, where the principles of Environmental, Social, and Governance …
Priya Blue City: Pioneering ESG and Worker Welfare in the Ship Recycling Industry Read More »
