Four liquefied natural gas tankers controlled by Qatar headed into the Strait of Hormuz on Monday, despite a fall in ship traffic after Iran announced that it had again closed the waterway over the weekend, shipping data showed.The tankers - Wadi Al Sail…
A new engineering design and commercial advisory company focused on offshore wind, subsea transmission and marine infrastructure projects has launched in Ireland under the name of Insight Marine, targeting growing demand for specialist support across the global maritime sector…
Europe will require a dedicated fleet of around 65 CO2 carriers and a network of 33 ports by 2050 to support the large-scale deployment of carbon capture, utilization and storage (CCUS), according to a new study led by energy consultancy Xodus…
Caspian Offshore Construction (COC) has acquired an anchor handling tug supply (AHTS) vessel from Sinopacific Engineering & Contracting (SPEC), marking the first vessel in the SPA90 series to join the Kazakh offshore marine service provider's fleet…
Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K' LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure…
Cambodia said on Tuesday it had launched a compulsory conciliation process under international law aimed at resolving a long-running maritime boundary dispute with Thailand and had informed the United Nations and Bangkok.The move follows a Thai…
Aqua superPower and Tidal Transit have formed a strategic partnership to support the deployment of electric crew transfer vessels (E-CTVs) for ports and harbors serving offshore infrastructure, including offshore wind projects.Under the agreement…
Clean hydrogen production is expected to grow 100-fold by 2060, driven by energy security concerns and large-scale expansion in China, according to a new forecast from classification society DNV.In its latest report, Energy Transition Outlook 2026: Hydrogen to 2060…
Ocean Power Technologies (OPT) has demonstrated autonomous docking, charging and redeployment capabilities for its WAM-V autonomous surface vehicle as part of efforts to support longer-duration offshore operations.The company said the system enables the maritime drone to approach a dock…
Brazilian maritime logistics and port operator Wilson Sons has started testing drone deliveries for offshore logistics operations in Guanabara Bay, aiming to improve efficiency and reduce emissions.The company is conducting its first drone operations…
Oil prices jumped on Wednesday with Brent trading above $100 a barrel, erasing earlier losses following reports of gunfire attacks on at least three container ships in the Strait of Hormuz.Brent crude futures LCOc1 were up $1.59, or 1.6%, at $100…
Stillstrom, a unit of A.P. Moller - Maersk, has launched two offshore charging systems aimed at supporting vessel electrification in the offshore wind sector.The new solutions, Power Hub and Power Tower, are designed as standalone systems that…
China urged calm and restraint by all sides on Monday, following U.S. President Donald Trump's threat to blockade the Strait of Hormuz after the failure of weekend talks in Islamabad aimed at ending the Iran war.Before the war, most Iranian oil exports were shipped to China…
Oil prices surged on Monday as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell.The U.S. move, aimed at putting pressure on Tehran, leaves a fragile…