HHI Bags Order for 2 Crude Carriers
South Korea shipbuilding giant Hyundai Heavy Industries (HHI) group said that its unit Hyundai Samho Heavy Industries has won a deal to build two crude carriers.The…
US Shale is Not Doomed, Says Rystad Energy
Though bankruptcies among U.S. onshore exploration and production (E&P) companies are on the increase during these days, Rystad Energy doesn’t believe this indicates…
Macquarie Acquisition of German Offshore Wind Approved
The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean…
Solstad Wins AHTS Charter Deals from Total
French oil giant Total has awarded contracts to Norwegian shipping company Solstad Farstad for two large anchor handling tug supply (AHTS) vessels.The offshore service…
IPCC SROCC Reports Call for HFO Ban
The Clean Arctic Alliance and the Inuit Circumpolar Council Canada call for urgent action to ban heavy fuel oil (HFO) use and carriage by Arctic shipping to reduce risks of a devastating spill…
Corvus, Kawasaki Pact for Novel ESS for Offshore Vessels
Kawasaki Heavy Industries (KHI) and Corvus Energy have reached a licensing agreement for a novel lithium-ion capacitor (LiC) technology developed by Corvus for KHI.The…
Angus Frew to Step Down from BIMCO Role
The secretary-general and chief executive of BIMCO, Angus Frew is stepping down for personal reasons. BIMCO expects have found a replacement by the end of this…
Ulstein Verft Builds Bernhard Schulte’s 3rd Vessel
Norwegian shipbuilder and ship designer Ulstein has started construction work on Bernhard Schulte Offshore’s third Ulstein-designed offshore wind vessel at Ulstein Verft.According a press note…
MOL Names LNG Carrier for Yamal Project
Japan’s shipping major Mitsui O.S.K. Lines (MOL) held a naming ceremony for a conventional LNG carrier, jointly ordered by MOL and China COSCO Shipping Corporation…
CPIH, Equinor Team Up on Offshore Wind
Chinese power giant China Power International Holding (CPIH) and Norwegian energy firm Equinor have inked a memorandum of understanding (MoU) to cooperate on offshore…
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