Shipowner Naftomar Shipping announced an order for four very large ammonia carriers, to be built by South Korean shipbuilder Hanwha Ocean (formerly known as Daewoo Shipbuilding & Marine Engineering) for scheduled delivery from 2026. With a capacity of ...
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Vessel to Complete Mexico’s First Floating LNG Plant Sets Sail
A storage vessel for Mexico's first liquefied natural gas (LNG) plant departed U.S. waters on Monday for Altamira, Mexico, according to ship tracking data, putting the offshore project on track to soon inaugurate exports.LNG developer New Fortress…
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Steerprop to Help Outfit Finnish Border Guard Ship
Steerprop won a contract with Meyer Turku shipyard to supply tunnel thrusters and retractable combi thrusters for two newbuild multi-purpose patrol vessels for the Finnish Border Guard.The Finnish Border Guard will replace three obsolete patrol vessels...
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Management Change at German Dry Bulk Shipper
Monique Hezel-Reyntjens will retire effective December 31, 2023, having worked in and led what is now known as BeKa HGK GmbH for almost 42 years. Her parents, Franz Josef and Corrie Becker founded the dry shipping company in 1982. Monique Hezel…
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Erma First gets AIP for Onboard Carbon Capture System
Erma First received Approval in Principle (AiP) from DNV for its amine absorption-based Onboard Carbon Capture (OCC) system, which was put to the test onboard a RoRo ship.The system uses amine absorption technology and a proprietary amine solvent to ab...
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Vattenfall, BASF Partner on Nordlicht 1 and 2
Vattenfall and BASF are in advanced and exclusive discussions to partner on the Nordlicht 1 and 2 projects through a sale of 49 percent of the project shares to BASF. Both parties signed a Memorandum of Understanding to formally express their joint amb...
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Burrows Tapped to Lead DNV CCUS Unit
DNV appointed Jamie Burrows to head its Energy Systems business area’s Carbon Capture, Utilization, and Storage (CCUS) unit. The appointment comes as a response to growing demand from these fossil fuels-reliant industries to reduce their CO2 emissions…...
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Armstrong Tapped to Lead Babcock Marine Sector
Babcock International Group (Babcock) appointed Paul Armstrong to lead its marine sector, delivering a number of critical UK and international defence programmes, including the UK’s Type 31 frigates for the Royal Navy.With a career that started in ship...
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Theodossopoulos Names CEO of METIS
METIS Cyberspace Technology appointed Panos Theodossopoulos as its new Chief Executive Officer.Theodossopoulos has considerable experience in leadership roles in the ICT and maritime sectors. In recent years, he has specialized in maritime digitalizati...
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ExxonMobil CEO Rebuffs IEA Criticism of Carbon Capture Strategy
ExxonMobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible "illusion", saying the same could be said about electric vehicles…
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