Day: February 13, 2025

India readies home-grown container shipping giant

Energy News Beat AsiaContainers APMT The Indian government has laid out plans to develop a brand new containerline. To be called Bharat Container Line, the new entity will have around 100 ships in its fleet, including ships on charter.  Details as to when the liner will launch have yet to be revealed with officials saying […]

Transocean boosts backlog with new rig deals

Energy News Beat EuropeOffshore Transocean Swiss-based offshore driller Transocean has won one new contract and one extension for two of its rigs. The first of those deals was awarded to the 2016-built Transocean Enabler semisub by Norwegian energy major Equinor. According to the company’s fleet status report, Equinor exercised a three-well option in Norway for […]

BP picks Seatrium for another Gulf of Mexico production unit

Energy News Beat Seatrium Singapore shipyard group Seatrium has signed a memorandum of understanding with energy giant BP for a second floating production unit project in the US Gulf of Mexico. Under the agreement, Seatrium would carry out the engineering, procurement, construction, and commissioning of an FPU for the Tiber project, located some 480 km […]

Evergreen firms up orders for 11 megamaxes

Energy News Beat Port of Felixstowe Taiwanese liner Evergreen has firmed up long-expected orders for ultra-large containerships, splashing out between $2.91bn and $3.25bn on a series of eleven 24,000 teu newbuildings at two shipyards. The new order has been spread between Hanwha Ocean and CSSC Guangzhou Shipyard International (GSI). The South Korean shipbuilder has won […]

Trump Shocks Allies

Energy News Beat Daily Standup Top Stories US stuns European allies, opens Ukraine peace talks with Russia February 12, 2025 Mariel Alumit   BRUSSELS – Donald Trump said on Wednesday he and Vladmir Putin had agreed to open talks to end Russia’s war in Ukraine “immediately”, after his defence secretary said it was “unrealistic” that Ukraine’s […]

AI tool designed to mitigate whale collisions at sea

Energy News Beat Researchers at Rutgers University-New Brunswick have developed an artificial intelligence (AI) tool that will help predict endangered whale habitats, guiding ships along the Atlantic coast to avoid them. The tool is designed to prevent deadly accidents and inform conservation strategies and responsible ocean development.  Using an AI-powered computer program that learns from […]

New Nuclear for Maritime Houston Summit makes headlines

Energy News Beat HD KSOE The New Nuclear for Maritime Houston Summit has been making headlines this week for bullish comments on how atomic propulsion will have a place in the future merchant fleet. HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an intermediary holding company for HD Hyundai’s shipbuilding sector, unveiled a nuclear-powered 15,000 […]

‘We are not a shelter for sanction evasion’: Panama flag

Energy News Beat AmericasRegulatory Panama Maritime Authority Facing pressure from Washington, the Panama Maritime Authority, which looks after the world’s second largest ship registry, has defended its position, insisting it is deflagging many sanctioned vessels.  US officials have accused Panama of not taking action to help enforce sanctions on vessels and shipowners from countries including […]

Countries registering 70% of global tonnage support a carbon levy

Energy News Beat Ocean Rebellion Two new reports led by UCL Energy Institute and Oceans Research Group show what’s at stake at the upcoming International Maritime Organization (IMO) meetings and in the crucial period in the run-up to the Marine Environment Protection Committee meeting set for April. The IMO is expected to agree on policies, […]

The future of PEMEs

Energy News Beat Ronald Spithout from OneHealth by VIKAND gives his impression on how PEMEs should become a more valuable “health pulse” for crew and industry. PEMEs are an accepted method of Pre-Employment Medical Examination and are meant to safeguard vessel operations and crew welfare. They are widely used by shipowners and operators to evaluate […]