QatarEnergy in Talks with Japan on Long-Term LNG Supply Deal
One of the world's biggest liquefied natural gas suppliers, QatarEnergy, is in talks with Japanese firms for a long-term deal to supply LNG from its North Field expansion project, five trading and industry sources told Reuters.Under the deal, Qatar would supply a consortium of Japanese importers, and a volume of at least 3 million metric tons per annum of gas would be split between them, four of the sources said.If agreed…
Danfoss Power Solutions Names New CFO
Danfoss announced that Torben Christensen has been named Chief Financial Officer of Danfoss Power Solutions, effective immediately. Previously Chief Sustainability Officer and Head of Global Services, Danfoss Group, Christensen will join the Power Solutions Leadership Team (PSLT) and report directly to Daniel Winter, President of Danfoss Power Solutions. Winter previously served as CFO before assuming the role of President in January.
Space Norway, SubCom Announce Contract-in-Force for Arctic Way Cable System
Space Norway and SubCom announced that a contract is in-force for the survey, design, supply and installation of the Arctic Way Cable System. Providing necessary route diversity to a region with rapidly increasing data traffic demands, the new system will become a critical asset for transmitting data between the Norwegian mainland, Jan Mayen, and the Svalbard archipelago.SubCom will produce the components for Arctic Way at its manufacturing campus in Newington, NH, USA.
Indonesia Parliament to Ratify EEZ Boundaries with Vietnam
Indonesia's parliament is set to agree next week to ratify an agreement made with Vietnam that sets the boundaries of their exclusive economic zones in the contested South China Sea, a lawmaker said on Thursday.The South China Sea is a strategic waterway that has been a source of tension between China and its Southeast Asian neighbours, disrupting fishing and energy exploration in the area.Nico Siahaan…
IMO: New Air Pollution Limits Begin May 1 for Ships in the Mediterranean
The Mediterranean Sea officially became an Emission Control Area for Sulphur Oxides and Particulate Matter (Med SOx ECA) under MARPOL Annex VI on May 1, 2025. The sulphur content in fuel oil for ships operating in the area is now limited to 0.1%, reducing air pollution and delivering benefits to both human health and the marine environment. Ships operating in Emission Control Areas for Sulphur Oxides and Particulate Matter…
JSA Loadmaster Arabia Ltdl, HMH Sign Cooperation Agreement for Shipyard Solutions in Saudi Arabia
JSA Loadmaster Arabia Ltd and HMH have entered into a strategic Cooperation Agreement to deliver joint solutions to shipyards, as well as onshore and offshore rig operators, in the Kingdom of Saudi Arabia.Established in 2019, JSA Loadmaster Arabia Ltd was formed by bringing together the product lines and service offerings of two global brands; Loadmaster Industries and Jackup Structures Alliance (JSA), in combination with Saudi joint venture partner, Saudi Drill.
ABS Publishes Dual-Fuel Propulsion Advisory Report
ABS has published the Dual-Fuel Solutions for Newbuild Vessels, a report that examines dual-fuel propulsion options focused on hydrocarbon-based fuel coupled with liquefied natural gas (LNG), methanol and ammonia.Choosing the right dual-fuel propulsion system for a new vessel requires a balance of regulatory compliance, infrastructure readiness, safety considerations, operational flexibility and long-term economic viability, the report emphasizes.
General Dynamics Electric Boat Awarded $12 Billion Contract Modification for Virginia-Class Submarines
General Dynamics Electric Boat, a business unit of General Dynamics, has been awarded a total of $12.4 billion in contract modifications for construction of two fiscal year 2024 Virginia-class submarines. Additionally, the award funds investments to improve productivity at the shipyards and workforce support as detailed in the Department of Defense contract award announcement. This contract includes options which…
HII Awarded Contract Modification for Construction of Two Additional Submarines
HII announced that the Virginia-class shipbuilding team, which includes the company’s Newport News Shipbuilding (NNS) division, has been awarded a contract modification in support of construction of two fiscal year 2024 Block V submarines.The contract modification, to NNS and teaming partner General Dynamics Electric Boat, authorizes construction of the 11th and 12th fast-attack submarines of the Block…
HII Reports Q1 2025 Results
HII today reported results for the first quarter of fiscal 2025.First quarter 2025 revenues of $2.7 billion were down 2.5% from the first quarter of 2024, driven by lower volume at Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies.Operating income in the first quarter of 2025 was $161 million and operating margin was 5.9%, compared to $154 million and 5.5%, respectively, in the first quarter of 2024.
Thordon Bearings: RiverTough Exceeds 500 Installations in Workboat Sector
Thordon Bearings has seen its RiverTough tailshaft bearing solution surpass 500 installations in the workboat sector.Primarily a retrofit solution but also increasingly specified for newbuilds, RiverTough is designed for coastal and inland waterways, where conditions are typically muddy and abrasive. The solution, applied in combination with hard-coated nickel-chrome-boron (NiCrB) Thordon shaft sleeves…
TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman
French energy giant TotalEnergies and OQ Exploration and Production (OQEP), Oman's national oil company, have held the ground breaking ceremony for the Marsa LNG plant, marking the start of construction of the Marsa LNG plant in the port of Sohar, northern Oman.The ground breaking ceremony was held one year after the Final Investment Decision (FID) for the project, which will feature a liquefied natural…
INEOS Set for May Launch of First European Built CO2 Carrier
The first European built CO2 carrier, dedicated for work at the Greensand carbon capture and storage (CCS) project, will be christened and launched on May 14, 2025.All ship sections of the vessel have now been successfully constructed and assembled at Royal Niestern Sander shipyard in the north of the Netherlands.The dedicated CO2 carrier currently under construction at Royal Niestern Sander shipyard…
Belgian Energy Island in North Sea Starts Taking Shape (Video)
TM Edison, a consortium of Belgian marine construction companies DEME and Jan De Nul, has installed the first two of a total 23 caissons in the Belgian North Sea, marking the start of construction for the Princess Elisabeth Island, the ‘world’s first’ artificial energy island.Caissons are concrete building blocks that form the outline of the future island. In a later phase, the interior will be filled…
Jan De Nul Installs First Foundation at RWE’s Thor Offshore Wind Farm
Jan De Nul has kicked off the installation campaign of the monopile foundations for RWE’s Thor offshore wind farm, completing the installation of the first of 72 monopiles with its heavy-lift vessel Les Alizés.When finished, Denmark’s largest wind farm to date will provide enough renewable energy to power more than a million Danish households.The 72 wind turbines will find their home near the west coast of Jutland…
New Chief Executive Appointed at MPA Singapore
Ang Wee Keong, currently the Assistant Chief Executive (International) of the Info-Communications Media Development Authority (IMDA), will take on the role of Chief Executive of the Maritime and Port Authority (MPA) effective June 16.In his current role, Ang has made significant contributions in advancing Singapore’s digital interests and thought leadership in the international arena. He strengthened Singapore’s network of digital economy partnerships…
Mediterranean ECA Effective May 1
The Mediterranean Sea Emission Control Area (ECA) for sulphur oxides enters into effect on 1 May.This will make the Mediterranean Sea the fifth ECA for sulphur oxides in the world.In the Mediterranean Sea, it means ships will have to use marine fuel with lower sulphur content, down from 0.5% (a global requirement) to a maximum of 0.1%.Sulphur oxide emissions lead to sea and land acidification and contribute to fine dust…
Corvus Battery System Tapped for New LNG Container Vessels
Matson Navigation Company’s three new 3600 TEU Aloha Class containerships, the largest container ships built in the United States, will use Kongsberg Maritime Hybrid Electrical Systems that incorporate Corvus Energy Orca ESS, the ships designed by KOMAC.With a carrying capacity of 3,600 TEU, the 854-ft (260-m) containerships are the largest of the type being built in the U.S. Matson is expanding its fleet of two Aloha Class vessels with the addition of three…
Feadship Launches Project 827, Ready For Outfitting and Sea Trials
Feadship celebrates another milestone as Project 827 emerges from the shed at the Amsterdam facility. Measuring 71.76 meters, this forward-thinking yacht is now ready for final outfitting and sea trials.Project 827 features exterior design and styling by Studio De Voogt, with elegant lines and low bulwark. From the extended sundeck forward to the wide swim platform aft, the yacht blends spacious deck areas with generous interiors designed for multi-generational enjoyment.
ClassNK Releases Ship Management Guidelines That Draw on Successful Case Studies
ClassNK has released "Prime Shipmanagement Guidelines," which aim to achieve sustainable ship management with safety as the highest priority. With an evolving environment surrounding ship management, including fuel transition, stricter regulations, and crew shortage, ClassNK aims to enable flexible responses to unexpected situations by drawing on lessons learned from successful case studies that had not received much attention before.At sea…