Maritime industry leaders and the Massachusetts Institute of Technology (MIT) have formed a new consortium to address challenges in the global shipping industry. The post New MIT Maritime Consortium sets out to tackle industry challenges appeared first on Offshore Energy.
U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy has celebrated the 4000th shipment of LNG cargo at its terminal in Louisiana. The post Cheniere reaches 4,000th LNG cargo mark ‘faster than any producer in history’ appeared first on Offshore Energy.
There are significant economic and climate benefits of using wind-assisted propulsion to power global shipping, a new report by marine NGO Seas At Risk found. The post Large ships can save close to $500,000 on fuel costs by adopting wind propulsion, new study reveals appeared first on Offshore Energy.
The Danish Energy Agency has received applications from 16 companies in the call for […] The post 16 applicants pursuing Denmark’s $4.1 billion carbon capture and storage fund appeared first on Offshore Energy.
New Zealand-based electric hydrofoiling technology company Vessev has dropped anchor in the United States […] The post Vessev readies to debut hydrofoil technology as it docks in the US market appeared first on Offshore Energy.
Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has reached an agreement with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol, to combine their North Sea businesses. The post NEO Energy and Repsol merging North Sea ops to bolster resilience in ‘tough’ UK conditions appeared first on Offshore Energy.
Led by the Dutch Innovation Company (NIM) and supported by the Dutch government, a new project has been launched to develop the “world’s first” zero-emission general cargo ship powered by liquid hydrogen. The post NIM-led project to develop ‘world’s first’ liquid hydrogen-powered general cargo ship appeared first on Offshore Energy.
Belgian NGO Shipbreaking Platform has called on the European Commission to take measures that will end the “dumping” of toxic ships and boost capacity for sustainable ship recycling. The post EU urged to take action to end ‘dumping’ of toxic ships and support capacity building appeared first on Offshore Energy.
Italian cabling company Prysmian Group and Dutch integrated subsea solutions service provider N-Sea Group […] The post Prysmian, N-Sea join efforts to improve submarine cable security under 7-year deal appeared first on Offshore Energy.
A liquefied natural gas (LNG) cargo has been indexed to the LNG futures of Abaxx Commodity Exchange and Clearinghouse, owned by Abaxx Singapore, whose majority shareholder is financial software and market infrastructure company Abaxx Technologies, in what the firm says is the first over-the-counter (OTC) trade of its kind. The post LNG cargo export indexed to Singaporean firm’s futures for the ‘first time’ appeared first on Offshore Energy.