News Flash

CMA CGM To Test Biofuel On 32 Containerships For The Next Six Months

A range of shipowners have tested the use of biofuels on a limited basis on their fleets, but in the...
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Oil Price Shoots Up As Russia Invades Ukraine

Global sea trade suffered another major knock this morning as Russia’s invasion of Ukraine drove oil prices up by about...
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Gazprom Says Gas Shipments To Europe Continue After Ukraine Invasion

Russian gas exporter Gazprom said Feb. 24 that its shipments of Russian gas via Ukraine to Europe are continuing as...
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KR Signs MOU For Joint Development Of Solid Oxide Fuel Cell Technology For Ships

The Korea Register (KR) has signed an MOU agreement with STX Energy Solutions (STX ES) and Daewoo Shipbuilding & Marine...
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After Shell, TotalEnergies Also Strikes Oil In Namibia Well With ‘Very Promising Results’

Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil...
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Driven By Deepwater Projects, Sub-Saharan Africa Set To See A Boom In Gas Output – Rystad

Energy intelligence group Rystad Energy expects the gas output from Sub-Saharan Africa to double by 2030, driven by the development...
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International Energy Forum Urges Nations To Prevent Disruption To Energy Supplies In Already Tight Markets

The Secretary General of the International Energy Forum (IEF), Joseph McMonigle, today issued a statement urging all nations to be...
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Brodosplit Builds Sustainable Sailing Ship With Rechargeable Batteries

The Brodosplit shipyard in Croatia along with its parent company the DIV Group and scientific institutions have begun work on...
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TU Delft Researchers Tackling Power Variability In Hybrid Marine Energy Parks

Researchers from Delft University of Technology, also known as TU Delft, have started exploring the interactions between different renewable energy...
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Maritime Security: ECSA Welcomes Extension Of Coordinated Maritime Presence

The European shipping industry welcomes the EU’s political commitment to the strengthening of maritime security in the Gulf of Guinea...
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ABB And Ballard Reach Milestone Towards Fuel Cell-Powered Marine Transport

ABB and Ballard are progressing with their industry-leading partnership to decarbonize marine transport and have received an AiP from DNV...
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PIL, ONE Split China – East Africa Service In Two

Pacific International Lines (PIL), Ocean Network Express (ONE), Gold Star Line (GSL) and Hapag-Lloyd have split a China – East...
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Smaller Ships With Flammable Cargoes Need An Inert Gas System, Advises Survitec

Global Survival Technology specialist Survitec has welcomed industry initiatives to install Inert Gas (IG) systems to smaller oil and chemical...
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Höegh LNG Says That 2021 LNG Trade Reached 380 Million Tonnes

Highlights for the quarter ended 31 December 2021•EBITDA1 of USD 56.5 million•Net profit after taxes of USD 3.6 million•Höegh Gallant...
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Seadrill Emerges From Chapter 11 After A Year Of Restructuring

Offshore drilling contractor Seadrill Limited has emerged from Chapter 11 bankruptcy, a little over a year after filing for it....
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Kongsberg Digital Partners With Lab021 To Offer Vessellink As An Integrated Part Of Vessel Insight

Kongsberg Digital is proud to announce a new partnership with Lab021. The shipping data analysis company will be offering its...
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Wärtsilä And Solstad Offshore Collaborate On Fleet Decarbonisation Ambitions

In its efforts to reduce the carbon footprint of its 90 vessel fleet, Solstad Offshore has turned to the technology...
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Port Of Corpus Christi To Become Green Hydrogen Hub

Apex Clean Energy, Ares, EPIC Midstream, and PCCA will explore the development of green hydrogen production, including a new pipeline...
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Eco Wave Power Kicks Off Installation Of 10 Wave Energy Floaters In Israel

Eco Wave Power has started the installation of ten wave energy floaters in the Port of Jaffa in Israel as...
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Biden Administration Set To Hold First Offshore Wind Lease Auction In New York Bight

The Biden Administration is set to hold its first offshore wind lease sale on Wednesday, auctioning a record of more...
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