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Seabed 2030 and Exail join forces to accelerate ocean floor mapping efforts

The Nippon Foundation-GEBCO Seabed 2030 Project is pleased to announce a new partnership with Exail, a world leader in robotics, navigation, and subsea imagery solutions. This collaboration aims to advance the global effort in pursuit of a complete map of the ocean...
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CB&I and Hanwha Ocean Receive Approval for Cargo Containment System and Ship Design for Liquid Hydrogen Carriers from DNV

CB&I, a wholly owned unrestricted subsidiary of McDermott, and Korean world-class shipbuilder Hanwha Ocean have received Approval in Principle (AiP) for the design of a cargo containment system and an 80,000 m3 liquid hydrogen (LH2) carrier from DNV, a leading...
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NYK Launches a Brand “HULL NUMBER ZERO” for the Group’s Technology Solutions Integration Solving Ship Issues with Technology and Strengthening the Key Strategies of the Medium-Term Management Plan

NYK has launched its new “HULL NUMBER ZERO” (HNZ) brand to integrate the technical solutions of the NYK Group. NYK will provide customers with solutions that make full use of the technical capabilities cultivated by the NYK Group for all stages of ship-related issues,...
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GTT secures an order for the tank design for the world’s six largest ethane carriers

GTT announces that it has received, in the third quarter of 2024, an order from its partner Jiangnan Shipyard (Group) Co., Ltd., for the tank design of six Ultra Large Ethane Carriers (ULEC), on behalf of ship-owner Eastern Pacific Shipping. GTT will design the tanks...
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Asia Fuel Oil-VLSFO cracks jump; China issues third batch of export quotas

Cracks for very low sulphur fuel oil (VLSFO) gained on Friday even as spot premiums were largely rangebound, while the market eyed China’s new oil export quotas in a third batch for 2024. The quotas comprised 8 million metric tons of clean refined fuel and 1 million...
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Pertamina’s shipping unit to double tanker fleet in next 10 years

The shipping unit of Indonesia’s state energy firm Pertamina plans to double its fleet of 320 tankers in the next 10 years, the unit’s CEO Yoki Firnandi told the Gastech conference in Houston on Thursday. The expansion, aimed at reducing the average age of the...
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