Venezuela's state-run oil company PDVSA is offering to sell up to 1 million barrels of Corocoro crude through an intermediary, sources said on Wednesday, which could become the first sale of that grade in two years.Since Washington temporarily eased oi...
Read more
DNV Awards Cyber Security Type Approval for Corvus Energy’s Orca ESS
Corvus Energy, a Norway-based provider of battery energy storage solutions and fuel cell systems for the marine sector, has been awarded a Type Approval from DNV for its Cyber Security Notation on the Control and Monitoring System of Corvus…
Read more
High Water Closes Parts of Rhine River in South Germany to Shipping
Parts of the river Rhine in Germany have been closed to shipping because of a rise in water levels following recent heavy rain, German authorities said on Thursday.Rhine river shipping has been stopped around Maxau in south Germany, the German inland w...
Read more
UECC’s EU ETS Solution Brings Clarity to Emission Costs
Cargo owners seeking to determine their Scope 3 emission liabilities from the logistics chain must contend with multiple calculation methods from different shipping lines that will affect their costs exposure to the EU ETS for shipping. To resolve this...
Read more
PIRIOU Delivers Second OPV to Senegalese Armed Forces
French shipyard PIRIOU has delivered a second offshore patrol vessel to the Senegalese Navy.The vessel is part of the OPV 58 S class vessel program. The contract, signed in November 2019, covered the acquisition of three offshore patrol vessels.
Read more
Rem Offshore Nets Multiple Offshore Vessel Deals Worth $138M in Total
Norway-based offshore vessel owner Rem Offshore said Wednesday it had secured multiple long-term contracts for its vessels. "The contracts have been signed on market terms and will ensure high fleet utilization in the coming years," Rem Offshore…
Read more
Cadeler Secures Loan to Fund Offshore Wind Vessel Construction & Upgrades
Danish offshore wind installation services company Cadeler said Monday it had entered into an unsecured green loan facility with HSBC. The purpose of the loan facility is, among others, to fund Cadeler’s construction of the X-class and F-class…
Read more
Digitalization: Maritime Charts its Course
Maritime players plotting pathways to data collaboration with digital projects in line with new BV-backed research study.Digital technologies are increasingly being leveraged by shipping players to facilitate data collaboration among different actors i...
Read more
Wärtsilä Launches ‘World’s First’ 4-stroke Engine-based Ammonia Solution
Finland-based marine technology and equipment maker Wärtsilä has introduced the marine sector’s "first commercially available 4-stroke engine-based solution for ammonia fuel."According to Wärtsilä, the new solution enables a significant advance…
Read more
Snam to Invest in Ravenna FSRU
Italian gas grid operator Snam will invest 1 billion euros ($1.1 billion) in a new LNG offshore terminal near Ravenna, the company's CEO said on Tuesday.The floating storage and regasification unit (FSRU) will add to another LNG terminal already set up...
Read more