TotalEnergies announced today that it is extending research into the viability of ammonia as an alternative marine fuel, entering into a Memorandum of Understanding (MoU) with 22 companies across diverse industries to initiate a joint study on ammonia ...
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Standard Drilling Agrees to Sell Standard Olympus PSV
Oslo-listed offshore vessel owner S.D. Standard Drilling Plc. has agreed to sell the Standard Olympus platform supply vessel for $7.5 million to an undisclosed buyer."The sale of Standard Olympus will result in a gain for Standard Drilling of gross USD...
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LNG Primed for Strong Growth on Asian Demand
Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of coronavirus-induced restrictions restores industrial demand in India.Higher oil and coal…
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Congestion at Container Shipping Ports in Southern China Worsens on Anti-COVID-19 Measures
Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at least 2019.More than 150 coronavirus cases have been reported in ...
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Kongsberg Maritime to Design, Equip Awind’s New Offshore Wind Vessels
Norway's Kongsberg Maritime has secured contracts with China Merchant Heavy Industries (CMHI) to design and equip two construction service operation vessels (CSOV) for Awind AS.Awind AS is a Norway-based offshore ship owner and a subsidiary of Integrat...
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Navios Announces Delivery of Three Vessels
Navios Maritime Partners L.P., an owner and operator of dry cargo vessels, has taken delivery of the following three drybulk vessels: Navios Amitie - a 2021-built, Kamsarmax vessel with 82,002 dwt, was delivered into Navios Partners’ fleet on May 28, ...
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Top U.S. LNG Exporter Launches Effort to Measure Emissions
Cheniere Energy Inc, said on Thursday it would quantify carbon emissions from its suppliers and production sites and supply the information to customers.LNG buyers have begun asking suppliers for natural gas sourcing data and greenhouse gas emissions t...
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Fincantieri Inks Deal to Support Daewoo in Aircraft Carrier Design
Fincantieri signed a contract with Daewoo Shipbuilding & Marine Engineering (DSME) to support the Conceptual Design of the new class of aircraft carriers “CVX” for the Navy of the Republic of Korea (South Korea).The program relating to the first…
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Enterprise Revisited: Titanium is the USCG Vessel Procurement Magic Bullet
In my May 2020 MREN USS Enterprise column I made a reference to the benefits of titanium as a hull structural material.It related to the life of the USCG cutter Bear and I concluded the column with a suggestion that titanium would be a particularly…
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Diana Shipping Bags Charter for Capesize Dry Bulk Vessel
Dry bulk shipping company Diana Shipping has secured a charter contract for its m/v Boston Capesize dry bulk vessel.The charter is with C Transport Maritime Ltd., Bermuda, with the gross charter rate set at US$25,500 per day, minus a 5% commission paid...
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