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The United States has everything it needs to lead in offshore carbon capture and storage (CCS), except the rules to make it happen.Nearly four years ago, Congress gave the Department of the Interior authority to oversee offshore carbon sequestration.
https://www.marinelink.com/news/gulf-america-lead-carbon-storage-529007
https://www.marinelink.com/news/gulf-america-lead-carbon-storage-529007Watson Farley & Williams (WFW) advised a consortium of lenders on an ECA-backed JOLCO financing for Ocean Network Express Pte. Ltd. (ONE) to finance four newbuild container vessels. The consortium comprised BNP PARIBAS (acting through its Tokyo Branch and as ECA Coordinator)…
https://www.marinelink.com/news/wfw-advises-financing-one-newbuild-fleet-529008
https://www.marinelink.com/news/wfw-advises-financing-one-newbuild-fleet-529008China’s share of the tanker orderbook rose from 32.4% in 2022, to 62.6% in 2023 and then 71.2% in 2024. Its share of the container ship orderbook has shown a similar growth trajectory. The nation has ranked first in the world for new orders since 2012.
https://www.marinelink.com/news/asian-nations-battle-shipbuilding-share-529009
https://www.marinelink.com/news/asian-nations-battle-shipbuilding-share-529009For Peter Duclos, shipbuilding has always been personal.As President and Director of Business Development at Gladding-Hearn Shipbuilding, Duclos Corporation, Duclos represents the third generation of his family to lead the Somerset, Massachusetts, shipyard.
https://www.marinelink.com/news/shipyard-focus-gladdinghearn-shipbuilding-529011
https://www.marinelink.com/news/shipyard-focus-gladdinghearn-shipbuilding-529011The development Argentina’s vast Vaca Muerta share is transforming the nation into a rising energy exporter, with oil and pipeline gas already flowing abroad and an ambitious multi-phase ‘Argentina LNG’ initiative aiming to secure a permanent place in the global liquefied natural gas (LNG) market.
https://www.marinelink.com/news/argentinas-mmtpa-lng-ambition-feasible-529012
https://www.marinelink.com/news/argentinas-mmtpa-lng-ambition-feasible-529012First High-Tech Exploration of Argentina’s Mar del Plata Canyon, Schmidt Ocean Institute’s Remotely Operated Vehicle SuBastian shines light on an offshore canyon in Argentine waters nearly twice as deep as the Grand Canyon — capturing images and video of 40 suspected new species…
https://www.marinelink.com/news/exploring-ocean-canyons-soi-strikes-again-529016
https://www.marinelink.com/news/exploring-ocean-canyons-soi-strikes-again-529016A South African court has overturned an environmental authorisation for offshore drilling given to French energy giant TotalEnergies. The country’s High Court said the green light for exploratory operations in Block 5/6/7 off Cape Town, given in 2023, had been reviewed and “set aside”. The block is owned by PetroSA, the operator TotalEnergies, and supermajor …
https://splash247.com/court-halts-totalenergies-drilling-plan-off-south-africa/
https://splash247.com/court-halts-totalenergies-drilling-plan-off-south-africa/Greenpeace has installed a new work by conceptual artist Anish Kapoor on Shell’s Skiff platform in the North Sea. To install the artwork, titled ‘Butchered’, seven Greenpeace climbers boarded and scaled the gas platform, some 45 nautical miles off the Norfolk coast. After securing a 12×8 m canvas to one side of the structure, the …
https://splash247.com/greenpeace-installs-anish-kapoor-artwork-on-shells-offshore-gas-platform/
https://splash247.com/greenpeace-installs-anish-kapoor-artwork-on-shells-offshore-gas-platform/Sumant Ahlawat-led Apeejay Shipping has reshuffled its dry bulk fleet, opting for larger units even at the expense of raising its overall fleet age. Last week, Greece’s Star Bulk Carriers announced a series of vessel sales. Apeejay Shipping – one of India’s oldest shipping companies – has now been confirmed as the buyer of some …
https://splash247.com/apeejay-shipping-swaps-younger-ships-for-larger-older-units-in-star-bulk-deal/
https://splash247.com/apeejay-shipping-swaps-younger-ships-for-larger-older-units-in-star-bulk-deal/Golar LNG is stepping up efforts to secure a yard slot and long-lead equipment for what would be its fourth floating LNG (FLNG) production unit. The Nasdaq-listed company, backed by Norwegian shipping investor Tor Olav Trim, said it is in talks with three shipyards over potential designs and construction schedules. The designs under consideration-MK I, …
https://splash247.com/golar-readies-to-lock-in-fourth-flng-unit/
https://splash247.com/golar-readies-to-lock-in-fourth-flng-unit/