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Odfjell’s chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel, marking the company’s first near carbon-neutral transatlantic voyage.Real…
https://www.marinelink.com/news/wind-biofuel-power-odfjells-first-near-525045
https://www.marinelink.com/news/wind-biofuel-power-odfjells-first-near-525045Dutch prosecutors said on Friday they had summoned shipbuilder Damen Shipyards on suspicion of violating EU sanctions against Russia and opened a separate case against the company and some of its executives for corruption.The company denied both sets of accusations.
https://www.marinelink.com/news/prosecutors-accuse-shipbuilder-damen-525052
https://www.marinelink.com/news/prosecutors-accuse-shipbuilder-damen-525052Swedish archaeologists are studying a rare discovery from a 16th-century shipwreck near Stockholm, hoping it will shed light on the history of trade and industry in the Baltic region and Sweden during that era.In May 2024, a barrel containing…
https://www.marinelink.com/news/thcentury-iron-salvaged-swedish-shipwreck-525053
https://www.marinelink.com/news/thcentury-iron-salvaged-swedish-shipwreck-525053Nantong Xiangyu Shipbuilding & Offshore Engineering has signed a construction deal for a pure electric-powered cable laying vessel with Zhongtian Technology’s Shanghai Yuanwei Construction Engineering. The vessel is 139.8 m long and 38 m wide and was developed by the Marine Design and Research Institute of China. The vessel is touted as the largest self-propelled, …
https://splash247.com/nantong-xiangyu-bags-order-for-chinas-largest-electric-cable-layer/
https://splash247.com/nantong-xiangyu-bags-order-for-chinas-largest-electric-cable-layer/Azerbaijan’s Ministry of Energy has signed two agreements with Chinese firms for the construction of an offshore wind energy project in the country. The first agreement, signed with China Energy Overseas Investment, entails the evaluation, development, and implementation of an offshore wind energy project in Azerbaijan. A second agreement, signed by the Ministry, SOCAR Green, …
https://splash247.com/azerbaijan-partners-with-china-on-caspian-offshore-wind-project/
https://splash247.com/azerbaijan-partners-with-china-on-caspian-offshore-wind-project/The US Department of the Interior has introduced a new policy which will see increased pressure differential during downhole commingling boost offshore oil output in the Gulf of Mexico. The Bureau of Safety and Environmental Enforcement implemented new parameters for downhole commingling in the Paleogene (Wilcox) reservoirs, expanding the allowable pressure differential from 200 psi …
https://splash247.com/new-us-policy-to-boost-gulf-of-mexico-oil-production/
https://splash247.com/new-us-policy-to-boost-gulf-of-mexico-oil-production/Danish shipping giant Norden is celebrating what it claims is a world-first, completing a voyage from Singapore to Brazil using biofuel from what it claims came from a carbon-negative process. A Norden vessel used 65 tonnes of fuel blend with 20% MASH Makes biofuel in its auxiliary engine. MASH Makes biofuel is produced by heating …
The world’s largest car carrier has left a yard in China on its maiden voyage to Brazil. The 9,200 ceu BYD Shenzhen pips Höegh Autoliners’ Aurora class series by 100 cars in terms of capacity, and becomes the fourth vessel in Chinese auto manufacturer BYD’s growing fleet with another two ships set to start trading …
https://splash247.com/worlds-largest-car-carrier-sets-sail-from-china/
https://splash247.com/worlds-largest-car-carrier-sets-sail-from-china/The European Commission has adopted another key measure to crackdown on the so-called shadow fleet passing through its waters. The amendment to the Vessel Monitoring Directive now requires all vessels, including those merely passing through European Union waters without entering an EU port, to provide insurance information. “By requiring that all vessels operating in our …
https://splash247.com/all-ships-passing-through-european-waters-must-now-provide-proof-of-insurance/
https://splash247.com/all-ships-passing-through-european-waters-must-now-provide-proof-of-insurance/Today, there are around 130 VLCCs over 20 years old still trading, compared to fewer than 20 five years ago, according to data from Tankers International, which notes that around two-thirds of these vintage supertankers are engaged in moving sanctioned oil. Over the next four years, the number of vessels exceeding 20 years forecast by …
https://splash247.com/close-to-one-in-five-vlccs-trading-today-are-over-20-years-old/
https://splash247.com/close-to-one-in-five-vlccs-trading-today-are-over-20-years-old/