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China's first hydrogen-electric tugboat, the Hydrogen-Electric Tug No.1, was officially put into service on Thursday at Qingdao Port, east China's Shandong Province. Compared to traditional fuel-powered tugboats, this vessel is expected to reduce carbon dioxide emissions by over 1…
https://www.marinelink.com/news/world-first-hydrogenelectric-tug-enters-527400
https://www.marinelink.com/news/world-first-hydrogenelectric-tug-enters-527400The Welsh Government has published a new action plan aimed at unlocking the full potential of the country’s offshore wind energy. Wales has a significant pipeline of more than 15GW of offshore wind projects around its coastline, in Welsh, English, and Irish waters. The sector represents a significant opportunity with the prospect of £4.8bn ($6.6bn) …
https://splash247.com/offshore-wind-to-bring-6bn-boost-to-welsh-economy/
https://splash247.com/offshore-wind-to-bring-6bn-boost-to-welsh-economy/Oil majors Equinor and Shell have said that they have chosen the name Adura for their incorporated joint venture in the UK. Adura has been created to bring together the A of Aberdeen, the joint venture’s base of operations, and the ‘dura’ from durability. According to the statement from the two, it’s a company “built …
https://splash247.com/uk-north-seas-largest-independent-producer-gets-new-name/
https://splash247.com/uk-north-seas-largest-independent-producer-gets-new-name/Oslo-listed OSV pure play Golden Energy Offshore Services (GEOS) has won a new contract for its large platform supply vessel Energy Swan. The 2005-built unit has been fixed out to Vår Energi to support the semisubmersible rig Deepsea Yantai. The rig is in PL 586 in the Norwegian Sea, where it will drill well 6406/11-2 …
https://splash247.com/golden-energy-offshore-clinches-psv-fixture/
https://splash247.com/golden-energy-offshore-clinches-psv-fixture/Norwegian energy major Equinor will invest more than NOK 21bn ($2.1bn) in the North Sea Fram Sør subsea development. The Fram Sør project is a combined development of several discoveries that will export oil and gas via the Troll C platform. Recoverable volumes are estimated at 116m barrels of oil equivalent, 75% of which is …
https://splash247.com/equinor-investing-over-2bn-in-new-subsea-development/
https://splash247.com/equinor-investing-over-2bn-in-new-subsea-development/Willem Vermaat, shipping director at Heidelberg Materials Trading, shares his perspective on the state of dry bulk. Shipping is a small world. How often do we hear this when walking around at a shipping conference and running into old acquaintances? As the years go by, the collection of business cards keeps on growing. At the …
https://splash247.com/fragmentation-and-dry-bulk-shipping/
https://splash247.com/fragmentation-and-dry-bulk-shipping/In a consolidation move within the US Jones Act market, Maritime Partners has inked a deal to acquire Centerline Logistics, one of the country’s top coastal tanker and marine services providers. The agreement will see an entity managed by Maritime Partners take over Centerline from its current backers, Macquarie Capital and Silverbox Capital’s Steve Kadenacy. …
https://splash247.com/maritime-partners-swoops-for-centerline-logistics/
https://splash247.com/maritime-partners-swoops-for-centerline-logistics/Discharges from open-loop scrubbers will be banned in internal waters and port areas throughout the northeast Atlantic by July 2027, following a meeting of environment ministers from 15 European countries yesterday. A closed-loop discharge ban has been scheduled for no later than January 2029. While a majority of European states wanted to be more ambitious …
https://splash247.com/scrubber-discharge-ban-coming-to-the-northeast-atlantic/
https://splash247.com/scrubber-discharge-ban-coming-to-the-northeast-atlantic/Hong Kong conglomerate Caravel Group has sold two of its Chinese-built kamsarmax bulk carriers in a deal valued at about $41m. The Banga family’s dry bulk owner has let go of the 81,073 dwt Explorer Oceania and the 81,093 dwt Explorer Asia, with both ships built at Jiangsu Hantong in 2015 and 2016, respectively, heading …
https://splash247.com/caravel-group-sheds-kamsarmax-fleet/
https://splash247.com/caravel-group-sheds-kamsarmax-fleet/Consolidation – and by extension greater focus and economies of scale – continues in the revived Japanese shipbuilding sector with news that Imabari Shipbuilding, the nation’s top yard, is to take control of Japan Marine United (JMU). The Higaki family-controlled Imabari announced yesterday it will up its stake in JMU from 30% to 60%, and …
https://splash247.com/imabari-to-take-control-of-japan-marine-united/
https://splash247.com/imabari-to-take-control-of-japan-marine-united/