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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

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Oil Falls as Signs of Hormuz Recovery Weigh on Market

Oil Falls as Signs of Hormuz Recovery Weigh on Market

Mako Offshore Field Takes Step Toward First Gas with PT PAL Contract Award

Mako Offshore Field Takes Step Toward First Gas with PT PAL Contract Award

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