$2.6BN deal sees Stonepeak take 50% stake in CVOW
Dominion Energy Inc. (NYSE: D), reports that it has closed on a transaction to sell a 50% non-controlling interest in the Coastal Virginia Offshore Wind (CVOW) project to New York City headquartered
Author: Nick Blenkey
Carbon Ridge raises $9.5M to accelerate onboard CCS commercialization
Los Angeles-headquartered onboard carbon capture and storage (CCS) start-up Carbon Ridge Inc. reports that it has raised $9.5 million in funding, bringing its total funding to date to $15.5 milliom. The round
Ten new Capital Offshore PSVs will be Kongsberg Maritime equipped
After years in which orders for new platform supply vessels (PSVs) were a rarity, Evangelos Marinakis’ Capital Offshore is changing things up, including by placing an order with China’s Fujian Mawei Shipbuilding
MAN ES launches new four-stroke ammonia engine R&D project
MAN Energy Solutions is following up on its successes in designing and testing the first two-stroke ammonia engine. It has announced the launch of a new four-stroke ammonia engine R&D project. CalledAmmoniaMot
K-Line car carrier gets ClassNK EV fire-fighting notation
ClassNK has granted its “AFVC (Additional Fire-Fighting measures for Vehicle Carrier)” notation to Texas Highway, a car carrier operated by K-Line. The AFVC EV fire-fighting notations are for vessels equipped with additional
AUDIO: Coast Guard rescues 5 from tug Luther
The U.S. Coast Guard has released dramatic audio from an incident Friday in which five people were rescued from the 130-foot commercial tug Luther after it lost steering off the coast of
ABS helps Hanwha move ahead on ammonia-fueled gas turbine plans
Ammonia-fueled gas turbines are emerging as another green powering option for ships. Korea’s Hanwha Ocean is moving ahead on plans for a 174,000 cubic meter LNG carrier with an an electric propulsion
WinGD offers new LPG “pre-fit” option for operators aiming for ammonia trade
The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a recent analysis by S&P Global Commodity
Conrad Shipyard delivers first YRBM
Conrad Shipyard reports that it has successful delivered the first of class Yard, Repair, Berthing, Messing vessel YRBM 57 to the U.S. Navy, marking a significant milestone in the shipyard’s longstanding history.
OFAC targets more companies, ships and captains with links to al-Jamal network
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) yesreday sanctioned eighteen companies, individuals, and vessels for their ties to Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)-backed Houthi financial official Sa’id