The year ended in somewhat anti-climactic fashion for long-term ocean freight rates, with the latest data from the Xeneta Shipping Index (XSI®) showing a decline of just 0.1%. Following on from a steep 5.7% month-on-month fall in November, and with weak spot rates defining the...
Carbon capture and storage (CCS) is a suite of technological processes which involve capturing […] The post In focus: A bumper year for carbon capture and storage appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
The U.S government has offered Sri Lanka a grant to preserve the wreck of a ship that could provide clues into the Indo-Pacific region’s early East-West trade routes. The grant will enable Sri Lanka’s Central Cultural Fund’s Maritime Archeology Unit to document and conserve the Godawaya (or...
Danish marine pump specialist Svanehøj has received an order to provide cargo pumps for seven LNG/LBG-fueled chemical and product tankers. The post Furetank JV orders Svanehøj’s cargo pumps for gas-powered tanker septet appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
Since “The Concept of the Floating Shipyard" was published earlier this year, we have developed a new model with South Korean company KR Engineering Co. Ltd. It contains two main parts: The first is the Lightweight Modular Causeway System (LMCS), which was initially invented by...
LNG has been described as a transitional fuel for the shipping industry for years […] The post LNG as marine fuel: A risky or future-proof investment? appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
Norwegian oil major Equinor announced Tuesday that it will be investing $1.3 billion in upgrading its Hammerfest LNG liquefaction plant, located on Norway's far northern Barents Sea coast. The project will install new onshore gas compression capacity, ensuring enough flow to the plant to keep exports running...
Swedish green electrofuels developer Liquid Wind has informed that its partner, Danish offshore wind […] The post Ørsted acquires full ownership of Europe’s largest green electrofuel project with FID in place appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
The Royal Thai Navy is continuing to search for survivors from the lost corvette HMTS Sukhothai, which sank in the Gulf of Thailand in a storm on Sunday. About 30 sailors from Sukhothai are still missing, according to the service, and surface vessels and aircraft have been...
The Mediterranean Sea has been designated as an Emission Control Area for Sulphur Oxides […] The post IMO designates the Mediterranean Sea as an emission control area appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
