Category: Maritime industry
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“Maritime Industry Under Scrutiny: Woodside’s CCS Plans Spark Greenwashing Allegations”
Introduction The maritime industry is abuzz with discussions surrounding Woodside Energy’s proposal for carbon capture and storage (CCS) as part of its Browse project off Western Australia. The Australian government’s recent call for public consultation on this matter has sparked opposition from environmental groups, highlighting the need for a comprehensive review of the potential environmental…
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“EMGS Set to Conduct New Offshore India Controlled Source Electromagnetic Survey”
EMGS Secures Major CSEM Survey Contract Offshore India Electromagnetic Geoservices (EMGS), a leading Norwegian offshore survey services firm, has recently secured a significant contract for a controlled-source electromagnetic (CSEM)
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“Global Maritime Freight Rates Soar Amid US Sanctions on Oil Shipping Industry”
Introduction The maritime industry is witnessing significant shifts due to geopolitical developments. Recent U.S. sanctions on Russia’s oil industry have sent ripples through the market, driving up Oil Shipping Rates and impacting Freight Rates for Supertanker vessels. This post explores the implications of these sanctions, the response from major players like China and India, and…
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“Norway Bolsters European Energy Security with 53 New Offshore Oil and Gas Licenses”
The Norwegian Ministry of Energy’s recent award of 53 new production licenses underscores the country’s dedication to maintaining its key role as a stable energy supplier to Europe.
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“Wallenius Wilhelmsen Expands Maritime Presence with Terminal Takeover at Scandinavia’s Largest Vehicle Port”
Wallenius Wilhelmsen, a leading Oslo-based roll-on/roll-off (RoRo) shipping provider, has announced a strategic expansion of its logistics services, highlighting a significant development
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“Record-Breaking 2024 Temperatures: Implications for Maritime Industry and Global Shipping Routes”
2024: A Pivotal Year for Climate Change and the Maritime Industry The year 2024 has been confirmed by the Copernicus Climate Change Service (C3S) as the warmest on record globally. This alarming trend has significant implications for the maritime industry, which is particularly vulnerable to changes in sea surface temperature (SST), sea ice extent, and…
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“SeaTrac USV Successfully Completes Data Collection Project in the Gulf of Mexico”
Revolutionizing Oceanographic Data Collection in the Gulf of Mexico In the dynamic maritime industry, gathering oceanographic data is crucial for various operations. Recently, uncrewed surface vehicle (USV) manufacturer SeaTrac and underwater technology company Sonardyne collaborated to remotely measure currents and gather oceanographic data in the U.S. Gulf of Mexico’s Loop Current System (LCS). This innovative…
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TGS Secures 4D Streamer Campaign in Norwegian Waters
TGS Secures Multiple 4D Streamer Contracts in the North Sea and Barents Sea TGS, a leading Norwegian seismic specialist, has recently announced securing four 4D streamer contract acquisition projects. Three of these are located in the North Sea, with one in the Barents Sea. This news is significant for the maritime industry as it highlights…
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“Nexans Secures LanWin 2 Export Cable Contract from TenneT”
Nexans Secures $1 Billion LanWin 2 Project: A Milestone in Maritime Renewable Energy Nexans, a leading French subsea power cable maker, has secured a significant project agreement for LanWin 2, valued at over $1 billion. This venture is part of TenneT’s 2 GW offshore grid connection program in the German North Sea, highlighting Nexans’ commitment…
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“Nexans Secures LanWin 2 Export Cable Contract from TenneT”
Nexans Secures $1 Billion LanWin 2 Project: A Milestone in Maritime Renewable Energy Nexans, a leading French subsea power cable maker, has secured a significant project agreement for LanWin 2, valued at over $1 billion. This venture is part of TenneT’s 2 GW offshore grid connection program in the German North Sea, highlighting Nexans’ commitment…