Portugal’s oil and gas company Galp has appointed two board members as interim Chief Executive Officers (CEOs) following the resignation of the firm’s previous leader.
GRSE delivers next-gen electric ferry in West Bengal
Indian shipbuilder Garden Reach Shipbuilders & Engineers (GRSE) has handed over a newbuild battery-powered electric ferry to the government of West Bengal.
OOCL: Another eco-friendly 16,828 TEU boxship is born
Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has christened its third environmentally friendly 16,828 TEU containership, the OOCL Sunflower.
Second Malta-Italy interconnector gets final approval, commissioning set for 2026
The second interconnector between Malta and Italy has officially been approved in both countries following the final permit from the Italian Ministry for the Environment and Energy Security (MASE).
BP shuts down production at offshore platform, Azerbaijan cuts off gas supplies to Bulgaria and Serbia
A pipeline malfunction has forced BP, the UK-headquartered energy giant, to temporarily stop production from a platform in the Caspian Sea at one of the world’s largest gas-condensate fields and the
Namibia’s Orange Basin still oil-rich but Shell’s discovery deemed ‘commercially unfeasible’
UK-headquartered energy giant Shell has decided to write down $400 million, citing technical and geological difficulties encountered at the petroleum exploration license (PEL) 39, as its oil discovery in the Orange
Alaska’s LNG project moves closer to reality after 10 years in the making, with Glenfarne as private investor
Alaska Gasline Development Corporation (AGDC), the developer of a liquefied natural gas (LNG) project in the U.S. northernmost state, has signed a framework agreement with compatriot Glenfarne for the latter to
Swift action needed to bring autonomous inland shipping closer to reality, German insurers say
From a purely technical perspective, it would be already possible today to allow inland waterway vessels to travel across rivers unmanned and remotely controlled. However, as there are still many legal
Steady growth propels DP World past 100 million TEUs handled
The UAE-headquartered logistics heavyweight DP World has passed a “momentous” milestone, having surpassed 100 million TEUs of container handling capacity across its global portfolio since its inception.
XOCEAN closes €115 million financing to support ongoing growth
Ireland-based XOCEAN has secured €115 million in funding to support the growth in the offshore energy and civil hydrography sectors.
DNV: LNG dominated alternative-fuel ship orderbook in ‘exceptional newbuilding’ year
Described as the maritime industry’s “exceptional newbuilding year”, 2024 yielded a record number of LNG-fueled ship deliveries, according to the latest data from DNV’s Alternative Fuels Insights (AFI) platform.
Subsea7 takes on FEED work to help unlock North Sea field’s oil & gas
Subsea7 has secured a contract with Norway’s state-owned energy company Equinor to deliver a study that will finalize the technical definition of the proposed subsea development at a field off Norway
- Wales introduces strategic resource areas for tidal stream energy
- CLdN picks Elomatic’s energy-saving solution for its hybrid RoRo pair
- Kongsberg Discovery expands with purchase of subsea monitoring provider
- BIMCO: Containership orderbook skyrockets to new record high of 8.3M TEU
- COSCO blacklisted: Sanctions signal new front in US-China (maritime) rivalry
- ADNOC L&S acquires 80% stake in Navig8 for $1.04 billion