Day: January 24, 2025

BRICS offers path to economic revival – Nigerian official

Energy News Beat   Emmanuel Johnson sees Abuja’s partnership with the group as a way to boost economic growth and geopolitical influence Nigeria’s recent accession to BRICS as a partner state is a major step towards economic revival and reducing Western influence, Emmanuel Chukwuka Johnson, chairman of the Nigeria-Russia trade and investment advisory council, has […]

South Korean offshore wind farm secures offtake deal

Energy News Beat CIP Taean Wind Power, a joint venture between Copenhagen Infrastructure Partners (CIP) and Vena Energy, has secured a fixed-price offtake contract in South Korea. The 500MW project is targeting the start of construction in the second half of 2026, with commercial operations expected by late 2029. The project will generate enough clean […]

MOL fixes VLEC newbuilds

Energy News Beat AsiaGas MOL / Samsung Heavy Industries Japanese shipowner Mitsui OSK Lines (MOL) has revealed the charterer behind its recent shipbuilding deal for very large ethane carriers (VLECs) in South Korea. The Tokyo-based company ordered three 100,000 cu m vessels at Samsung Heavy Industries in late December at around $168m each for delivery […]

Laden Russian tanker loses power in stormy Bay of Biscay

Energy News Beat EuropeTankers MarineTraffic / Nikoloz Mishveliani A laden Russian-flagged tanker has broken down in the stormy Bay of Biscay off France. The Unity, a 16-year-old aframax, departed Primorsk on January 16 with Russian oil bound for Mangalore in India. The ship ran into difficulties overnight off the west coast of France. It has […]

Iranian navy chases American ship in Persian Gulf

Energy News Beat Middle EastOperations President.ir The United Kingdom Maritime Trade Operations (UKMTO) is reporting a suspicious approach to a merchant ship in the Persian Gulf near Iran.  The master of the unidentified vessel reported his ship was approached by a small military craft and it has been flashing a green laser light towards the […]

Tanjung Offshore wins services deal with Hess

Energy News Beat T7 Global Malaysian offshore services player Tanjung Offshore, part of T7 Global, has won a contract with oil and gas player Hess for the provision of pan-Malaysian offshore maintenance, construction, modification and hook-up commissioning services. According to T7’s Bursa Malaysia filing,  the contract was for the B3 Package but no financial details […]

Great Eastern linked to another supramax bulker sale

Energy News Beat AsiaDry Cargo Great Eastern Shipping Indian owner Great Eastern Shipping is offloading another of its ageing vessels as part of the company’s fleet renewal initiative. The Mumbai-listed diversified owner has reportedly struck a deal with an undisclosed Chinese buyer for its 2011-built supramax bulk carrier Jag Rishi. The deal for the 56,700 […]

Fastest growing flag data brings shadow fleet into light

Energy News Beat San Marino, Guyana, Sierra Leone, Comoro Islands, Guinea Bissau and most notably Guinea are the flag states that stand out for their extraordinary fleet growth in the latest data compiled in Clarksons Research’s World Fleet Monitor, statistics that highlight the whack-a-mole game authorities in the West are having to fight in their […]

Oxan Energy wins Estonia’s latest offshore wind round

Energy News Beat Terna Energy French-based offshore wind developer Oxan Energy has been revealed as the winner of the first Estonian floating offshore wind tender. The company and its partner SNOW, a financial advisor specialising in renewable power generation, will develop the Saare 1 project with a potential capacity of 900MW and up to 60 […]

OSM Thome recruits Pia Meling to head new green division

Energy News Beat OSM Thome Shipmanager OSM Thome has launched EVIGO, a green services division which will be headed by Pia Meling, who currently works with Grieg Green. EVIGO offers end-to-end solutions designed to help customers achieve compliance with evolving environmental regulations while advancing their sustainability goals and staying competitive. “I am thrilled to lead […]