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Carbon Capture vs. Wind: Orsted, BP Face Off Over North Sea Lease Area

Carbon Capture vs. Wind: Orsted, BP Face Off Over North Sea Lease Area

By The Maritime Executive
March 11, 2022
Danish wind farm developer Orsted says that oil major BP is trying to keep it from building out the full extent of its planned Hornsea Project Four offshore wind development, a 2.6 GW installation off...
Japanese Alliance to Develop First Domestic Methanol-Fueled Tanker

Japanese Alliance to Develop First Domestic Methanol-Fueled Tanker

By The Maritime Executive
March 11, 2022
In a further effort to develop methanol-fueled ships and the technologies required to advance the decarbonization of shipping, six Japanese companies announced they are forming a strategic alliance to...
Boskalis Announces Increase in Revenue and Result

Boskalis Announces Increase in Revenue and Result

By The Maritime Executive
March 11, 2022
[By: Boskalis] Royal Boskalis Westminster N.V. (Boskalis) concluded 2021 with a strong increase in revenue and earnings and with a well-filled order book, despite COVID-19-related restrictions....
EU Places Financial Sanctions on Russian Maritime Register of Shipping

EU Places Financial Sanctions on Russian Maritime Register of Shipping

By The Maritime Executive
March 10, 2022
The Russian Maritime Register of Shipping (RS Class), which acts as both an international class society and a flag registry for Russian vessels, has been added to a list of state-owned enterprises "su...
Maersk Establishes First Global Methanol Production Network

Maersk Establishes First Global Methanol Production Network

By The Maritime Executive
March 10, 2022
A.P. Moller – Maersk is forming strategic partnerships around the globe to create the first global supply infrastructure for green methanol production as it seeks to spur efforts toward the decarboniz...
Boskalis Receives $2.5B Buyout Offer from its Largest Shareholder

Boskalis Receives $2.5B Buyout Offer from its Largest Shareholder

By The Maritime Executive
March 10, 2022
Saying that it sees little value in being a public company, the largest shareholder of dredging and marine services company Boskalis announced it plans to make an all-cash offer to take the company pr...
MSC Boxship Being Towed After Breaking Down off Canada

MSC Boxship Being Towed After Breaking Down off Canada

By The Maritime Executive
March 10, 2022
The Canadian Coast Guard is reporting that a drifting MSC container ship, the MSC Kim (53,436 dwt), has successfully been taken in tow and is heading toward Nova Scotia after having blacked out in the...
Carbon-Transport & Storage Project to Use MAN Energy Solution Engines

Carbon-Transport & Storage Project to Use MAN Energy Solution Engines

By The Maritime Executive
March 10, 2022
[By: MAN Energy Solutions] Dalian Shipbuilding Industry Co. Ltd. has ordered 2 × MAN B&W 7S35ME-GI dual-fuel engines in connection with the construction of two 7,500 cubic-metre, liquid CO2 carrier...
Christening of U-Ming’s Eco-Friendly Post Panamax Bulk Carrier

Christening of U-Ming’s Eco-Friendly Post Panamax Bulk Carrier

By The Maritime Executive
March 10, 2022
U-Ming Marine Transport Corporation (TSEC code: 2606 – one of nine public-listed companies of the Far Eastern Group), has contracted with Japan’s Sumitomo Marine Co. Ltd. to commission Oshima Shipbuil...
Ten Shipsets of SOLASAFE Screens For UAE

Ten Shipsets of SOLASAFE Screens For UAE

By The Maritime Executive
March 10, 2022
[By: SOLASAFE] A series of ten offshore/harbour tugs, newly constructed in the UAE, will each be delivered to the owners with a set of 9 SOLASAFE antiglare roller sunscreens installed at the wheelh...

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