First European Built CO2 Carrier for CCS Projects Officially Launched

INEOS and Royal Wagenborg have launch and named the first European built offshore CO2 carrier for carbon capture and storage (CCS) projects, marking a major for Project Greensand and CCS schemes across

NYK Group Welcomes its First Methanol-Fueled Bulk Carrier

A methanol dual-fuel bulk carrier chartered by NYK Bulk & Projects Carriers, an NYK Group company, from KAMBARA KISEN was delivered at the TSUNEISHI Factory in Japan.At the naming ceremony, held on

New Fortress Energy Charters FSRU for Dominican Republic LNG Terminal

U.S. energy company New Fortress Energy (NFE) has executed a three-year charter agreement for the Energos Freeze floating storage and regasification unit (FSRU) with Energía 2000 in the Dominican Republic.The 125,000 m3

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Woodside Energy’s Scarborough energy project has achieved a major engineering milestone with the joining together of the topsides and hull for the Floating Production Unit (FPU).Constructed separately at two different fabrication yards

Great Lakes Iron Ore Trade Down in April

Iron ore shipments on the Great Lakes totaled 3.7 million tons in April, a decrease of 18.7% compared to 2024. Shipments were 19.1% below the month’s five-year average.Year-to-date, the iron ore trade

Phase 1 of Gdynia Quay Upgrade Complete

International Container Terminal Services, Inc.’s (ICTSI) Baltic Container Terminal (BCT), Gdynia, acting in coordination with the Port of Gdynia Authority, has completed Phase 1 of a two-phase major upgrade of its Helskie

U.S. Sanctions Companies Tied to Iran-to-China Oil Trade

The U.S. Treasury Department imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to China, days after negotiators from Iran and the United

India OKs Russian Marine Insurers

India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies