Category: Energy News Beat

Germany to receive third Plaquemines LNG cargo

Energy News Beat The 2021-built 174,000-cbm, Isabella, was on Tuesday anchored in the North Sea, offshore Wilhelmshaven and Brunsbüttel, where DET’s FSRU-based facilities are located, its AIS data provided by VesselsValue shows. This LNG carrier, which is owned by Greece’s Maran Gas and chartered by Norway’s Equinor, left the Plaquemines LNG facility some two weeks […]

An on-site natural gas plant will help power Stargate’s first data center, public filings show

Energy News Beat ENB Pub Note: The numbers that the Stargate data centers for power consumption are staggering. This is going to bring several key points to the front of the discussions. The first will be microgrids. The AI data center in Abilene will have an on-site natural gas power plant capable of producing 360 […]

Dying German government musters majority for solar panel restrictions

Energy News Beat   A majority of German parties agreed on Monday to adopt fixes to the country’s energy policy framework, including cuts to solar subsidies during negative price periods. The remains of Germany’s coalition government – the centre-left SPD and the Greens – is unable to command a majority in parliament, leaving it reliant […]

Arriva adds to bulker orderbook in China

Energy News Beat Arriva Shipping Norway’s Arriva Shipping has continued its fleet renewal drive with a fresh battery hybrid bulker newbuilding order in China. The Sindre Matre-led company has contracted Jiangsu Soho Marine Heavy Industry to see the 8,000 dwt vessel delivered in the third quarter of 2026. The newbuild will be a sister vessel […]

OKI’s AI-driven technology to classify ships using underwater sounds

Energy News Beat Japanese information and telecommunication expert OKI has developed a ship classification AI system technology which automatically classifies ship types through deep learning of underwater sounds. This technology makes it possible to continuously and automatically acquire ship classification data, even in environments such as busy ports with high ship traffic and at night, […]

d’Amico boosts owned fleet with LR1 purchase option

Energy News Beat EuropeTankers d’Amico International Shipping Milan-listed product tanker owner and operator d’Amico International Shipping (DIS) has snapped up another leased vessel. The Carlos di Mottola-led company has declared a purchase option on the 2019-built LR1 Cielo di Houston costing about $26.5m. The Hyundai Mipo Vietnam-built 74,999 dwt unit has been on bareboat charter […]

Penta-Ocean hires Seatrium for construction of offshore wind heavy lift vessel

Energy News Beat Huisman Singapore shipyard group Seatrium has been awarded a contract from Japan-based Penta-Ocean Construction (POC) to construct a heavy lift vessel set to operate in the Japanese offshore wind market. This will be the fifth and largest vessel to be added to POC’s fleet, enabling them to undertake larger wind turbine projects. […]

Icon Offshore to become Lianson Fleet Group

Energy News Beat AsiaOffshore Icon Offshore Malaysian OSV owner Icon Offshore has secured shareholders’ approval to change its name to Lianson Fleet Group (LFG) as it sets sights on significant fleet expansion. Last year, the Bursa Malaysia listed firm with around 20 OSVs struck a deal that will see it adding 40 vessels, the majority […]

CMB.TECH banks $46.5m from triple sale

Energy News Beat Euronav Antwerp-based owner and operator CMB.TECH has offloaded three of its vessels, securing a profit of $46.52m. The Saverys family-led group is shipping out the 2007-built suezmax tanker Cap Lara in a deal that will bring in a capital gain of $18.77m. The 2007 Samsung-built 158,826 dwt will be delivered to an […]

Seacon snaps up seven Baltic Shipping bulkers

Energy News Beat Baltic Shipping China’s Seacon Shipping has expanded its fleet through a €63.7m ($66.5m) deal for seven modern mini bulkers. The Hong Kong-listed company said in a filing it had purchased the Baltic Fin, Baltic Grain, Baltic Moon, Baltic Wind, Baltic Steel, Baltic Sun and the Baltic Split from Baltic Shipping at $9.1m […]