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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

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Noble Gets $136M Brunei Drillship Job

Noble Gets $136M Brunei Drillship Job

James Fisher, Aquaterra Launch Global Decommissioning Partnership

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Oil Jumps 3% on Renewed US-Iran Conflict

Oil Jumps 3% on Renewed US-Iran Conflict

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

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