China’s shipbuilder Jiangsu Zhenjiang Shipyard has completed and delivered the first domestic diesel-electric azimuth stern drive (ASD) tugboat, Yonggang Tuo 80. Zhenjiang Shipyard On December 20, 2023, the tug left the Zhenjiang Shipyard pier and set sail for Ningbo Oil Handling & Tug (Barge). The 568 GT tug is classed
Belgian tanker shipping company Euronav NV and its controlling shareholder CMB NV have entered into a share purchase agreement for the acquisition of 100% of shares in cleantech maritime group CMB.TECH for $ 1.150 billion in cash. Image credit Euronav Euronav said that the move fits its renewed strategy of
On December 19, Hutchison Ports BEST terminal received 23,000 TEU containership CMA CGM Palais Royal, one of the world’s largest liquefied natural gas (LNG)-powered vessels. Hutchison Ports BEST The containership, built in 2020, is 400 meters long and 61 meters wide, built. The arrival of this vessel is not only
Finnish company Neste has completed the strategic study and begins a gradual transformation of its crude oil refinery in Porvoo into a renewable and circular solutions refining hub. Courtesy of Neste Neste launched the strategic study in September 2022 with an aim to significantly grow its renewables and circular production in Porvoo
Swiss-based construction company Allseas has commenced work on UK energy major BP’s ultra-deepwater Greater Tortue Ahmeyim (GTA) liquified natural gas (LNG) project offshore Mauritania and Senegal, with its vessels executing the subsea pipelay scope. Courtesy of Allseas According to Allseas, its construction support vessel (CSV) Oceanic started the offshore campaign
Switzerland-based energy and commodities company Vitol has completed its inaugural biofuel deliveries in Fujairah, the United Arab Emirates (UAE). Vitol Through its wholly-owned bunker arm, Vitol Bunkers, two vessels received B24 very low sulfur fuel oil (VLSFO) on December 8 and 14. The fuel was sourced from Vitol’s Fujairah-based refinery FRL
Singapore’s Seatrium has delivered the floating storage and regasification unit (FSRU) Energos Celsius to U.S. energy infrastructure company New Fortress Energy (NFE) for deployment at NFE’s completed LNG terminal in Barcarena, Brazil. Courtesy of Seatrium This is Seatrium’s fourth FSRU project for Brazil, for which the company said is “a
Japanese shipping company Mitsui O.S.K. Lines (MOL) has received approval in principle (AiP) from classification society ClassNK for the design of a floating storage and regasification unit (FSRU) for ammonia. MOL As informed, the vessel design was jointly developed by MOL and Mitsubishi Shipbuilding Co., a subsidiary of Mitsubishi Heavy Industry
Reusing existing pipelines for offshore hydrogen is the best solution that can be used, however, this does come with certain challenges, according to Bart Steuten, Product Development Manager at Strohm, Dutch thermoplastic composite pipe (TCP) producer. Photo: Navingo BV During Strohm’s presentation at The Stage at this year’s Offshore Energy
Swedish electrofuel (eFuel) developer Liquid Wind has submitted an environmental permit application for the company’s third commercial-scale green electrofuel facility, FlagshipTHREE, at the Land and Environment Court in Umeå, Sweden. Dåva cogeneration plant, Umeå Energi; Photographer: Johan Gunséus; Courtesy of Liquid Wind According to Liquid Wind, once operational, FlagshipTHREE, located
After its recently announced pivot towards the LNG shipping sector, New York-listed shipowner Capital Product Partners L.P. has closed the umbrella agreement initiated last November, paving the way for the acquisition of 11 newbuild liquefied natural gas carrier vessels. Courtesy of Capital Gas As reported by Offshore Energy, CPLP, a Marshall
German Securing Energy for Europe (SEFE) and Norway’s energy major Equinor have signed a long-term gas sales agreement, as well as a non-binding letter of intent (LoI) on large-scale hydrogen supplies. Courtesy of SEFE and Equinor Under the gas sales agreement, Equinor will supply SEFE with 111 TWh (circa 10