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Latest news

World’s 1st installation of Rotor Sail on a Сapesize bulk carrier for VALE

General
The vessel is expected to achieve about 6-10% fuel and GHG emissions reductions on the Brazil to Far East routes, combined with voyage optimization technology.

Chinese coast guard ship rammed into Philippine coast guard ship

Maritime Accidents
Chinese and Philippine coast guard ships collided on Monday during a confrontation near a disputed shoal in the South China Sea. The media reported on this.

d’Amico uses option to buy MR tanker way below market value

Business
Through this transaction, the company acquires a young and high-quality vessel at an attractive purchase price, around 30% lower than its current market value

ClassNK gives nod to machine room safety on ammonia-fuelled carrier

General
The minimum design requirements for using ammonia safely on board are regulated in the ammonia-fueled ship guidelines issued by ClassNK.

Scarborough primary approval challenge to be dismissed

Oil & Gas
Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project.

Meyer Werft to build four new ships joining the Disney Cruise Line fleet

Passenger Fleet
With this new order, Meyer Werft has contracted 10 cruise ships, a research vessel and four offshore converter platforms, which will be delivered until 2031.

LR and CORE POWER to conduct next-generation nuclear container ship regulatory study

R&D
Joint regulatory assessment study will determine the safety and regulatory considerations for a potential next-generation nuclear-propelled feeder container ship to undertake cargo operations at a port in Europe.

Shell invests in water injection at Gulf of Mexico field

Oil & Gas
Water will be injected into the reservoir formation to displace additional oil.

BW LPG acquires 12 very large gas carriers from Avance Gas

Business
BW LPG Limited has entered into agreements to acquire 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd. for a total consideration of US$ 1,050 million.

Equinor wins offshore wind lease in U.S. Central Atlantic auction

Wind Energy
The ~2 gigawatt (GW) lease will have the capacity to produce enough energy to power approximately 900,000 U.S. homes.

MPA and GCNS to collaborate in carbon accounting and management

Business
The MoU partners will work together to develop training workshops to meet the carbon accounting and management needs of maritime companies

RWE secures two sites with a total capacity of 4 gigawatts in the North Sea

Wind Energy
RWE will explore the possibility of developing the offshore projects together with TotalEnergies
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