Japan’s major carriers—NYK, MOL, and “K” Line—are set to invest in MILES to standardize LCO2 carrier and new fuel ship designs. This unprecedented collaboration between shippers and yards aims to boost productivity and global competitiveness.
COOEC has completed the jacket for Shell Nigeria’s HI Project at its Tianjin base. The facility, featuring a hybrid wind and solar power system, will supply 350 million cubic feet of gas daily to the Nigeria LNG Train 7 expansion.
The Port of Rotterdam Authority plans a new 45-hectare terminal in Maasvlakte to support offshore wind activities. The terminal will offer storage, transport, and assembly of wind turbine components, with operations starting by 2029.
Petrobras cuts its dividend and investment forecasts in its revised five-year business plan for 2026-2030, with reduced spending amid lower oil price expectations.
The owners of ONE Henry Hudson declared General Average after a multi-day fire at the Port of Los Angeles, marking a complex salvage operation.
Nadara acquires BlueFloat Energy’s 50% stake in ten floating offshore wind projects in the UK and Italy, while the 1.5 GW Stromar Wind project remains under its existing three-way ownership.
ExxonMobil has moved Uaru into a new phase with drilling at the UA_3i02 site, while Yellowtail reaches full output. The Noble Bob Douglas and Errea Wittu FPSO support the next step of Guyana’s offshore growth.
