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Japan's Asahi Tanker to Start Ship Fuelling with World's First Electric Tanker

Apr 14, 2022

Japan's Asahi Tanker said it will start using the world's first electric-powered tanker for ship fuelling, known as bunkering, later this month in an effort to cut carbon emissions.Japan, which is the world's fifth-biggest CO2 emitter, aims to achieve carbon neutrality by 2050, while the global shipping industry, which relies on oil to power its vessels, is trying to speed up efforts to reduce emissions of greenhouse gases…

Shore Power Market to Reach $2.7Bln by 2024

Sep 13, 2019

The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the forecast period.Reduction of low-frequency noise and emissions at ports, a growing number of cruise liners in the shipping industry…

AMSC Bags Wind Turbine ECS Order from AMSC

Aug 16, 2019

The US-based energy solutions provider AMSC announced it has received a $9 million order for its 5.5 MW wind turbine electrical control systems from the Korean power company Doosan Heavy Industries & Construction (DHIC)AMSC signed an agreement…

Eco Marine Power, Masterbulk Install UltraBattery Onboard Ship

Dec 20, 2018

Japanese technology company Eco Marine Power (EMP) has joined forces with Singapore shipping company Masterbulk for the world-first Installation of class-approved UltraBattery (UB) onboard ship.A joint press release announced that the UB battery…

Current News

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

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Former Olympic champion Chopra wins Gold at His Eponymous Event
The UK's Lindsey refinery, which is insolvent, has secured some crude oil supply to continue running for the moment
Japan will begin testing mining rare-earth clay from the seabed by early 2026
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