Empire Offshore Wind, a joint venture between Norwegian state company, Equinor, and energy major bp, have pulled out of a wind farm contract at Seatrium valued at more than $250 million.
French firm Louis Dreyfus Armateurs and its subsidiary LD Seaplane has ordered three wind-assisted ro-ros from CSSC Wuchang Shipbuilding for use by Airbus.
Despite a record take-up of green technologies in ships ordered in 2023, thousands of existing vessels will fall into carbon intensity indicator (CII) categories D or E, requiring owners to take action immediately or within the next three years.
China Merchants Energy Shipping is to build two bulk carriers and two multi-purpose vessels from China Merchants Industry.
Where are shipping markets headed in the next 12 months? Get the view of the experts in our 2024 markets outlook podcast episode.
Cosco Shipping Energy Transportation has inked a shipbuilding contract for six methanol-fuelled tankers with Cosco Shipping Heavy Industry.
Singapore shipyard group Seatrium has secured a contract from Shell Offshore Inc to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible Floating Production Unit (FPU).
The Brazilian Federal Prosecutors’ Office has dropped corruption charges against a former Sembcorp Marine (Sembmarine) employee and a former consultant to the Singapore shipyard group.