Australian company MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia, to Wasco Engineering Group for a total of $15 million. The offshore support vessel operator and services provider announced it has entered into an agreement with Wasco for the sale of the...
A lot of companies involved in the offshore energy sector have already introduced their plans on how to reach the net-zero emissions status by a certain point in the future. In this week's In Focus,...
The U.S. Department of Energy is committing more than $2.3 billion in additional funding to advance diverse carbon management approaches that reduce carbon dioxide (CO2) pollution by focusing on capture and storage technologies. Since January 2021, DOE’s Office of Fossil Energy and Carbon Management (FECM)...
Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange. The post Yara mulls IPO of...
The Norwegian maritime industry is continuing its effort to move forward with an innovative generation of fully electric autonomous vessels that will contribute to reducing emissions and improving logistic operations. In the latest development, a leading Norwegian furniture manufacturer is involved in a new preliminary...
Germany's government has entered into charter agreements to secure four floating liquefied natural gas (LNG) terminals, representing one of the first big steps to cut the country's dependence on...
The $700 million megayacht Scheherazade may escape EU sanctions on Russia's wealthiest and most powerful citizens, despite suspicions that her true owner is Russian President Vladimir Putin himself. The Scheherazade, a $700 million megayacht currently located at Marina di Carrara, Italy, is under scrutiny for potential connections...
The European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by year-end. The post EU to phase out all Russian oil...
[By: Intellian] Intellian is pleased to announce that the Intellian FB250 has been fully approved for use with Inmarsat Fleet Xpress service and now available for integration with Inmarsat FX Fleet Edge for both Wholesale and Retail. Launched in October 2021, the FB250 unlocks the full potential of...
Danish ferry and logistics company DFDS has announced its collaboration with ReSea Project to support the fight for an ocean without plastic pollution. The post DFDS joins ReSea Project to fight...
