Japanese shipowner Kumiai Senpaku has inked a construction deal with China’s CSSC Chengxi Shipbuilding and CITIC Financial Leasing involving a total of eleven ships. Image credit: CSSC The deal comprises ten 84.500 dwt multiprupose cargo ships and […]
Offshore drilling contractor Valaris is preparing to start its contract with Brunei Shell Petroleum, a subsidiary of the UK-headquartered oil major Shell, as a jack-up rig, which was hired for this assignment, has embarked on […]
Home Marine Energy Ocean Harvesting targets €400K to optimize wave energy device Swedish company Ocean Harvesting Technologies has embarked on a funding raise, targeting €400,000 to further optimize its InfinityWEC wave energy device ahead of […]
Home Clean fuel BW’s FSRU gearing up to serve First Gen’s Batangas LNG terminal BW Batangas, a floating storage and regasification unit (FSRU) owned by BW LNG, is getting ready to start its deployment with […]
InterMoor, part of Acteon’s engineering, moorings and foundations division, has secured a contract extension with Chevron for a decommissioning scope in Thailand. Source: Acteon Following the completion of Phase 1 decommissioning work in 2021 in the Gulf […]
Home Clean fuel Onyx Power to build hydrogen production plant in Rotterdam port Port of Rotterdam, the Netherlands, has revealed that energy provider Onyx Power plans to build a low-carbon blue hydrogen production plant at […]
Home Marine Energy Research into floating breakwaters as powerbanks for marine renewables starts in Malta The University of Malta has teamed up with its offshore energy storage spin-off FLASC to assess the potential of integrating […]
Time and time again I am being told that nuclear power is too expensive. And it is true, building a large nuclear power station costs billions. My typical response is that whilst nuclear power is […]
Back to overview Home Green marine Exclusive: CSSC, CMA CGM pen record-breaking deal for 16 ultra-large boxships worth $3 bln Premium April 7, 2023, by Jasmina Ovcina Mandra In a significant development for China’s shipbuilding […]
A billion here and a billion there properly spent is going to make a cost difference for the corporate breakeven. Then there is a billion here (on low-cost assets) followed by a billion there of […]
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