After completing the sale of a rig, which has been stacked for years, Awilco Drilling, a UK-based offshore drilling contractor, is left with no other drilling assets in its fleet.
Back in November 2021, Awilco Drilling...
As climate change drives companies across the world to curb their carbon footprint and reduce reliance on fossil fuels, the U.S. classification society, American Bureau of Shipping (ABS), has teamed up with Texas A&M...
Finnish shipping company ESL Shipping, part of Aspo, has signed a €20 million ($21 million) loan agreement with Nordic Investment Bank (NIB).
As informed, the 10-year loan will support ESL Shipping’s investment in a...
Japanese shipping company Mitsui O.S.K. Lines (MOL) has decided to establish a wholly-owned subsidiary called EcoMOL, which will tackle immediate GHG emission reduction by ships’ operational efficiency through digital...
Shipping and logistics company GAC Norway, part of GAC Group, has joined Norwegian hydrogen energy project HyValue, as part of its commitment to sustainability and accelerating decarbonisation across the wider maritime...
Japanese shipowner Kumiai Navigation has ordered a liquefied petroleum gas (LPG) and liquefied ammonia gas (NH3) carrier powered by LPG fuel from compatriot shipbuilder Kawasaki Heavy Industries (KHI).
The vessel...
In a single day, South Korean shipbuilder Samsung Heavy Industries (SHI) received orders for the construction of a total of fourteen liquefied natural gas (LNG) carriers.
On 21 June 2022, SHI won an order from an...
Danish investment company Navigare Capital Partners and NJORD, a green technology business venture between Cargill, Mitsui and Maersk Tankers, have entered into an agreement for the latter to design and install a package of...
Swedish developer of energy solutions for maritime electrification Echandia has entered into an agreement with Japanese tech company Toshiba to work on the development of fuel-cell technology combined with batteries to...
The Port of Rotterdam in the Netherlands and the Port of Baie Comeau in Canada have agreed to jointly explore the potential for future growth and development of the Port of Baie-Comeau.
The ports have agreed to...