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Sanctioned Russian oil tankers left stranded off India as refineries turn them away

Russia-Ukraine War
The Achilles and Elyte tankers, each carrying around 700,000 barrels of Urals crude, are anchored near the port city of Jamnagar.

Saipem: extension of contract with Aker BP for drilling activities offshore Norway

Oil & Gas
During this period, the Scarabeo 8 will be operating for Aker BP offshore Norway.

MODEC secures AiP for an innovative offshore wind turbine design from ABS

Wind Energy
MODEC is also developing an innovative bottom-fixed wind turbine platform concept, designed to install up to 100 meters water depth.

Stena Bulk completes reflagging of Stena Sunrise to Swedish flag

Merchant Navy
The flag handover was finalised in Singapore on 31 July, attended by the Swedish Ambassador to Singapore and senior leadership from Stena Bulk

Port of Oakland applauds expansion of free water shuttle between Oakland and Alameda

Ports
35% more trips now available as popular pilot program grows

Boskalis-Allseas consortium awarded large offshore natural gas pipeline project in Taiwan

Oil & Gas
This energy project is intended to improve the gas supply capacity in northern Taiwan.

Carbon Ridge and Scorpio Tankers deploy first centrifugal carbon capture

Innovations
The groundbreaking pilot marks the first deployment of a centrifugal OCCS system in maritime operations

First monopile stands at 660 MW Nordseecluster A offshore wind farm in Germany

Wind Energy
On average each foundation weighs 1,500 tonnes, which is equivalent to the weight of 1,000 small cars

Marella Cruises contracts V.Ships Leisure for ship management services

Passenger Fleet
V.Ships Leisure, part of V.Group ("V."), has been awarded a ship management contract by Marella Cruises, TUI UK&I's ocean cruise line.

NYK begins continuous use of bio-LNG fuel on car carriers

Zero-Emission Shipping
Significantly reducing GHG emissions through clean fuel, accelerating the decarbonization of shipping

K-SURE and Trafigura sign USD200 million financing agreement to support Korean shipping companies

Business
The Korea Trade Insurance Corporation (K-SURE) and Trafigura have entered into a USD200 million mid- to long-term financing agreement to boost the export business of Korean shipping companies.

Econowind receives repeat order from Terntank for two more vessels

NewBuilds
Following the initial order in May 2023 for three newbuilds, this brings the total to five vessels and 20 VentoFoils, with each ship fitted with four 16-meter wind wings.
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