Energy News Beat CSSC Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has successfully completed the world’s first pilot demonstrating the full value chain for carbon dioxide (CO₂) captured onboard ships. The pilot was executed in two main phases. Phase one involved the ship-to-ship (STS) transfer of 25.44 metric tons of liquefied CO₂ (LCO₂) from the […]
Energy News Beat Indian Navy A Palau-flagged product tanker, Yi Cheng 6, experienced a major engine room fire and total power failure while transiting the Gulf of Oman. The vessel was en route from Kandla Port in India to Shinas, Oman, when the incident occurred on Sunday, June 29. Responding to a distress call, the […]
Energy News Beat Mitsubishi Mitsui OSK Lines (MOL) and Mitsubishi Shipbuilding have received the world’s first approval in principle (AiP) from ClassNK for a dual-purpose liquefied CO₂ (LCO₂) / methanol carrier with its backers claiming the vessel design marks a significant leap toward a more efficient and circular carbon economy at sea. It is engineered […]
Energy News Beat AsiaShipyards India’s state-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition by securing a controlling 51% stake in Sri Lanka’s Colombo Dockyard for $52.96m. The Sri Lankan yard had previously been controlled by Japan’s Onomichi Dockyard which had been looking for investors to take over its stake. Colombo Dockyard, […]
Energy News Beat European Energy The Danish Energy Agency (DEA) has extended the life of two offshore wind farms, which together have been in operation for almost 50 years. The Agency has notified the owners of the Middelgrunden and Nysted offshore wind farms that it will be extending their permits for electricity production. This means […]
Energy News Beat LS Marine Solution South Korean subsea cable contractor LS Marine Solutions has signed a construction agreement with Turkey’s Tersan Shipyard to build a high-voltage direct current cable-laying vessel. According to the company, the new vessel will be Asia’s largest and one of the top five in its class globally, with a cable […]
Energy News Beat Middle EastOffshore Shelf Drilling Shelf Drilling Oslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit. The total added contract value is about $133m, the UAE-based company said in a filing. The extension will take effect immediately following the current fixture, […]
Energy News Beat Norway’s Amon Maritime has set up a new company to order ammonia-fuelled bulk carriers backed by a state grant. Named Amon Bulk, the new venture will develop two vessel types — a capesize and a kamsarmax — using a NOK253m ($25m) award from energy transition agency Enova. “The capesize and kamsarmax segments […]
