Category: Maritime industry

Delivery of Final 7,600 cbm LNG Bunkering Vessel Marks Milestone for Seaspan Energy The delivery of the third and final 7,600 cubic meters (cbm) LNG bunkering vessel by CIMC SOE to Seaspan Energy marks a significant milestone in the project. This vessel, christened Seaspan Baker, completes a series of three LNG bunkering vessels ordered by…

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First Ammonia’s Green Ammonia Project: A Leap Towards Sustainable Energy First Ammonia has secured a significant contract with Worley for the front-end engineering design (FEED) of its groundbreaking green ammonia project in Victoria, Texas. This project marks a pivotal moment in the transition to sustainable energy, leveraging solid oxide electrolyzer technology (SOEC) for efficient hydrogen…

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Greece’s Asso.subsea Advances Offshore Industry with New DP-2 Cable-Laying Vessel Althea Greece’s Asso.subsea has taken a significant leap in the offshore industry by securing a contract for the construction of a new DP-2 cable-laying vessel (CLV) named Althea. Built in China, this state-of-the-art vessel is equipped with cutting-edge technology designed to tackle challenging offshore environments.…

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Portsmouth Port Introduces LNG Bunkering to Drive Carbon Neutrality Portsmouth Port, a key maritime hub in the UK, has recently introduced LNG (Liquefied Natural Gas) bunkering, marking a significant step towards carbon neutrality and emissions reduction. This initiative aligns with the port’s broader goals of achieving carbon net-neutrality by 2030 and becoming emissions-free by 2050.…

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The Red Sea Crisis: Impact on Global Shipping and Procurement The Red Sea crisis, primarily driven by Houthi rebel attacks, has significantly disrupted global maritime operations, leading to increased shipping costs and procurement challenges for stores and spares. This crisis has forced vessels to reroute around Africa, adding thousands of miles to their journeys and…

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The Decline of Ust-Luga Port Oil Exports: Causes and Implications The Ust-Luga port, a key exporting gateway for Russia, has experienced a significant decline in oil exports in January 2025, reaching a four-year low. This reduction is primarily attributed to technical issues within Transneft’s pipeline system, compounded by Western sanctions, drone attacks by Ukraine, and…

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The Baltic Sea Cable Breach: A Comprehensive Analysis Introduction to the Baltic Sea Cable Breach The recent breach of undersea cables in the Baltic Sea has drawn significant attention due to its potential impact on Europe’s digital infrastructure. These cables, including the BCS East-West Interlink and C-Lion1 fibre-optic cables, were disrupted on 17–18 November 2024.…

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Havfram Secures Major Offshore Wind Contracts in Europe Havfram, a leading Norwegian offshore wind contractor, has recently secured a significant construction project in Europe. This project, set to commence in 2029, will utilize one of Havfram’s newbuild installation vessels, scheduled for delivery in the second half of 2025. This achievement marks Havfram’s eighth contract for…

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The Strategic LNG Supply Agreement Between ADNOC Gas and JERA Global Markets The recent LNG supply agreement between ADNOC Gas and JERA Global Markets marks a significant milestone in the global energy landscape. This strategic partnership, valued at $450 million, involves a three-year supply contract from ADNOC Gas’ Das Island liquefaction facility to JERA Global…

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Seafarer Abandonment in 2024: A Growing Crisis in the Maritime Industry The year 2024 has witnessed a significant surge in seafarer abandonment, with the International Transport Workers’ Federation (ITF) reporting a dramatic increase in such incidents. This article delves into the key aspects of seafarer abandonment, highlighting the record number of abandonments, the role of…

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