The Global Centre for Maritime Decarbonisation (GCMD) and partners have closed the world’s first fund for vessel retrofits with a pay-as-you-save repayment mechanism, securing total commitments of up to $35 million and exceeding its initial target. The post GCMD: Vessel retrofit fund using pay-as-you-save repayment mechanism closes at $35M appeared first on Offshore Energy.
Norwegian state-owned energy giant Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which will be drilled using a rig managed by KCA Deutag, operating under the umbrella of Helmerich & Payne (H&P). The post Two North Sea wildcats on 2017-built rig’s drilling list next month …
Two North Sea wildcats on 2017-built rig’s drilling list next month Read More »
A construction contract for a hybrid floating dock at the Iskra Shipyard in the […] The post Croatia’s coast to see development of hybrid energy-based floating dock appeared first on Offshore Energy.
Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has secured a contract extension for one of its units with Oil India Limited, an exploration and production company, for operations off the coast of India. The post More action time for Dolphin Drilling’s 1974-built rig …
More action time for Dolphin Drilling’s 1974-built rig offshore India Read More »
La comunidad naval gallega inicia una nueva etapa con el nombramiento de Beatriz Spuch Sánchez como Decana del Colegio Oficial de Ingenieros Navales y Oceánicos (COIN) de Galicia y Presidenta de la Asociación de Ingenieros Navales de España (AINE) en la comunidad. Su llegada supone un impulso renovador para una profesión profundamente vinculada al futuro …
Las Partes en el Convenio y el Protocolo de Londres (LC/LP) -los tratados de la OMI que regulan el vertido de residuos en el mar- han advertido contra los posibles efectos negativos del aumento de las actividades de geoingeniería marina y han aprobado una declaración para poner de relieve el estado actual de los trabajos …
Los países intensifican sus esfuerzos contra la geoingeniería marina Read More »
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a near two- month high on Wednesday, driven by gains across all vessel segments. * The main index BDI, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 44 points, or 2%, to …
Baltic index hits near two-month high on gains across all vessel segments Read More »
“Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March 2023. It has climbed steadily since and has now hit a nine-year high of 14.1%. The order book may kickstart the renewal of a fleet that has grown older on average since 2018,” says Niels Rasmussen, …
Crude tanker fleet renewal to accelerate as order book/fleet ratio hits 9-year high Read More »
This was a dispute relating to mergers and acquisitions (M&A) advisory work carried out in respect of the merger of two crude oil tanker operators. The Court dismissed the advisory company’s claim in restitution for more than US$11.5 million for services it provided in connection with the transaction which it claimed went beyond the scope of …
The new EU guideline outlines procedures for verifying actual methane slip emissions from marine diesel engines. The verified emission factors may already be applied for the 2025 FuelEU Maritime reporting year and offer a strategic opportunity to positively impact compliance calculations – potentially lowering penalties and enhancing the financial viability of LNG-fuelled vessels. More about …
EU guideline for reporting and verifying actual methane slip for FuelEU and EU MRV/ETS Read More »
