Author: Erick Parel

EU nations aim to seize alleged ‘Russian shadow fleet’ vessels – Politico

Energy News Beat [[{“value”:” Cargo ships could reportedly be impounded on grounds of supposed piracy and the threat of environmental incidents Several EU members are considering strengthening the legal framework for seizing ships in the Baltic Sea with the aim of undermining Russian trade, Politico reported on Monday, citing insiders. Finland, Estonia, Lithuania, and Latvia […]

Deutsche ReGas terminates FSRU charter deal

Energy News Beat Deutsche ReGas announced the termination of the contract with the German Federal Ministry for Economic Affairs and Climate Protection in a statement on Monday. The vessel is one of two floating storage and regasification units (FSRUs) currently operating at the “Deutsche Ostsee” LNG import terminal in Mukran. Since December 2024, state-owned LNG […]

The battle for 5% that will shape Germany’s next government

Energy News Beat [[{“value”:” BERLIN/POTSDAM – The lack of spring in Christian Lindner’s step heralds the murky electoral prospects of Germany’s liberal Free Democratic Party (FDP).  Just a few months ago, the FDP leader was Germany’s finance minister, revelling in the role as Europe’s primary austerity advocate, who had the French begging for mercy just […]

TGS adds to 4D streamer backlog offshore Norway

Energy News Beat EuropeOffshore TGS Oslo-listed surveyor and seismic data specialist TGS has won two new contracts offshore Norway. The work scope covers 4D streamer acquisition projects, one in the North Sea and one in the Norwegian Sea, the company said Monday. The projects are scheduled to be acquired back-to-back, starting in June this year. […]

Crew evacuate laden suezmax in Russia after engine room explosions

Energy News Beat EuropeTankers A series of explosions yesterday in the engine room of a 22-year-old suezmax at the Russian Baltic port of Ust-Luga has put neighbour Finland on alert.  The Turkish-owned Koala tanker, laden with 130,000 tonnes of heavy fuel oil, was about to set off from Ust-Luga when three explosions ripped through the […]

South Africa cracks down on polluting ships

Energy News Beat AfricaRegulatory Following a series of casualties off its coast, South Africa’s president Cyril Ramaphosa has signed the Marine Pollution (Prevention of Pollution from Ships) Amendment Bill into law, strengthening South Africa’s ability to combat ship-related pollution.  Polluting ships now face stricter laws with fines of up to R10m ($541,000) for ships in […]

Poland to send abandoned Russian tanker for demolition

Energy News Beat Port of Gdynia Poland has ordered the removal of a Russian product tanker which has been stranded in the Port of Gdynia for over seven years. The 1987-built, 23,000 dwt Khatanga was detained in October 2017 after failing a port state inspection, with its owners, Murmansk Shipping Company, promising repairs that were […]

ADES seals second jackup deal in Nigeria

Energy News Beat ADES Holding Saudi oil and gas driller ADES has won its second contract for one of its jackup rigs offshore Nigeria. The company has fixed the 2013-built Admarine 501 to Nkuku Ikon Petroleum Development following the deal with Brittania-U for its Admarine 504 unit last month. The new contract, which includes a […]

Finland’s Hacklin buys into fellow shortsea operator Nordic Chartering

Energy News Beat Nordic Chartering Finnish logistics player Hacklin Group has strengthened its business with the acquisition of a considerable stake in compatriot shortsea operator Nordic Chartering. The move of Hacklin joining as the shareholder for an undisclosed sum will build a strong foundation for future vessel investments, the companies said in a release, adding […]

Melina Travlos re-elected as president of Union of Greek Shipowners

Energy News Beat EuropeOperations UGS Melina Travlos has been re-elected for a second term as president of the Union of Greek Shipowners (UGS). The head of Neptune Group of companies, which includes carrier owner and operator Neptune Lines as well as a dry bulk outfit, Neptune Dry Management, will lead the nation’s shipowner association for […]