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Renewables
SeaTwirl, Verlume team up to decarbonise offshore oil and gas assets
Swedish energy-tech company SeaTwirl and UK-based offshore energy storage specialist firm Verlume have formed a collaboration regarding the electrification of…
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Renewables
ESNA, Strategic Marine developing surface effect CTV for offshore wind market
Norwegian ship design company ESNA and Singapore-based shipbuilder Strategic Marine have signed an agreement to develop a surface effect ship…
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Ports and Logistics
World’s first ammonia bunkering terminal to be built in Norway
The Norwegian Directorate for Civil Protection has given its approval to the construction of the planned ammonia bunkering facility at…
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Offshore
Cyan Renewables makes takeover offer for MMA Offshore
Singapore-based offshore wind vessel pure-play Cyan Renewables has made an offer to buy 100% of shares in Perth-based OSV operator…
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Dry Cargo
U-Ming Singapore and Itochu to own and operate ammonia dual-fuel bulkers
The Singapore arm of Taiwanese shipowner U-Ming Marine Transport has signed a memorandum of understanding (MoU) with Japanese trading house…
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Offshore
Fire on Perenco platform off Gabon leaves five dead and one missing
An incident on Perenco’s Becuna platform offshore Gabon has resulted in five worker fatalities with one worker still missing. An…
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Offshore
CNOOC joins Exxon in tussle over Hess’ stake in Guyana block
After supermajor ExxonMobil filed a contract arbitration claim aimed to prevent Hess’ proposed sale of the entire company – and…
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Tankers
Euronav sells VLCC trio, orders three vessels from Chinese shipyard
Belgian tanker giant Euronav has sold three of its very large crude carriers (VLCCs) and ordered two newcastlemaxes and an…
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Tankers
Stena Bulk forms new tanker operation partnership
Swedish shipowner Stena Bulk has today announced it has entered into a partnership with an investment firm for the operation…
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Tankers
SFL buys LR2 newbuild trio, fixes them out on long-term charters
John Fredriksen’s SFL Corporation has bought three new LR2 product tankers for a total purchase price of around $230m and…
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Tech
zero44 launches calculator for FuelEU Maritime regulation costs
CO2 management specialist zero44 has released a new tool that will help shipping companies understand the financial impact of the…
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Tankers
Eight dead in chemical tanker capsize incident off Japan
At least eight crew members were killed after a South Korean-flagged chemical tanker anchored off the coast of Japan capsized.…
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Tankers
Scorpio Tankers sells product tanker duo for $72m
Monaco-headquartered Scorpio Tankers has entered into agreements to sell two 2013-built MR product tankers to an undisclosed customer. Scorpio Tankers…
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Offshore
Reach Subsea extends vessel charter and orders two ROVs
Norwegian offshore services player Reach Subsea has extended the charter deal for the multipurpose offshore vessel and ordered two new…
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Renewables
Aspiravi increases Northwind offshore wind farm stake to 70%
Belgian offshore wind developer Aspiravi Offshore has increased its stake in the Northwind offshore wind farm to 70% following the…
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Tech
Sea’s new compliance solution to help charterers with sanction risk mitigation
Maritime software provider Sea has launched a new compliance solution to help customers navigate the regulatory landscape for freight and…
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Operations
Ukrainian drone campaign takes out up to 900,000 barrels a day of Russian oil refining capacity
Ukraine’s drone campaign to knock out Russian refining capacity is scoring some big hits, with as much as 12% of…
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Finance and Insurance
CMB on home straight with Euronav stake now above 88%
Following the closing of the Euronav takeover bid, the Saverys family-controlled Compagnie Maritime Belge (CMB) effectively controls 88.61% of the…
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Offshore
Exxon will not buy Hess but is considering buying its Guyana stake
ExxonMobil CEO Darren Woods has stated that the US supermajor has no intention of buying Hess from under Chevron’s nose…
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Offshore
Dolphin Drilling inks $154m semisub contract with Oil India
Semisub rig owner Dolphin Drilling has won a drilling contract for one of its rigs from oil and gas player…
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