The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for Danish shipping giant Maersk Line, a new study found. The post Suez Canal blockage caused Maersk to face $89M loss, increased CO2 emissions appeared first on Offshore Energy.
U.S. energy infrastructure player New Fortress Energy (NFE) has secured a multi-year natural gas supply deal for a 478 MW combined-cycle power plant, which is currently under development in San Juan, Puerto Rico. The post US firm scores 20-year gas supply gig in Puerto Rico appeared first on Offshore Energy.
Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore field in the country’s territorial waters, bolstering its expectations of discovering more offshore oil and gas to boost the country’s energy arsenal. The post Another oil & gas discovery of ‘great importance’ springs up offshore Kuwait appeared first on Offshore Energy.
Belfast Harbour, Northern Ireland’s principal maritime gateway and logistics hub, has unveiled a new strategy setting out a program to invest £313 million (approximately $387 million) in capital projects across the port and Harbour Estate over the next five years. The post Belfast Harbour to invest around $387 million in port projects over next five years appeared first on Offshore Energy.
Norwegian container tonnage provider MPC Container Ships (MPCC) has taken delivery of the first of two methanol dual-fuel 1,279 TEU containerships. The post MPCC welcomes first NCL-chartered methanol dual-fuel containership appeared first on Offshore Energy.
Global adoption and the growth of the liquefied natural gas (LNG) pathway in the […] The post LNG is steady compass to net zero, SEA-LNG found appeared first on Offshore Energy.
DEMCON Unmanned Systems has become the first unmanned surface vessel (USV) developer and manufacturer […] The post DEMCON’s USV ‘first in the Netherlands’ to receive DNV type approval appeared first on Offshore Energy.
Gaz-System has expanded the regasification capacity at a liquefied natural gas (LNG) terminal in Świnoujście. The post LNG terminal spreads its wings to level up Poland’s gas diversification and energy security appeared first on Offshore Energy.
Announcing the Forum’s launch at Davos, European Commission President Ursula von der Leyen said, “The Forum is all about connecting the dots, so we can learn from each other and exchange best practices, and support projects that jump start new clean energy industries and scale up clean energy globally.” While Europe has made significant strides, with 50% of its electricity now coming from reneawbles, the global picture is uneven. Africa, despite being rich in solar and natural resources, has attracted only 2% of global clean tech investment and 600 million people still lack access to electricity. President Von der Leyen said the Forum would support “flagship initiatives” and strive to champion “smarter financing and derisking tools” to help projects reach FID. “We have to sustain the momentum of our historic global energy agreement and turn… Read More »Global Energy Transition Forum ’to convert targets into concrete projects’
Yemen’s Houthi group has released the crew of Galaxy Leader, a NYK-chartered pure car and truck carrier (PCTC) seized in November 2023. The post Red Sea tensions ease, 25-strong Galaxy Leader crew released appeared first on Offshore Energy.