TotalEnergies has signed an agreement with Energia Natural Dominicana (ENADOM), the joint venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of LNG per year.Subject to the finalization of the supply purchase agreements (SPAs), this contract is set to start in mid-2027, for 15 years, with the price indexed to Henry Hub.
Zelim, an Edinburgh-based maritime safety innovator, has signed an agreement with Ambassador Cruise Lines for the installation of its ZOE man overboard (MOB) detection system on Ambition cruise ship, marking its entry into the global cruise ship sector.Zelim is fitting out the 1,200-passenger capacity cruise ship with a full ZOE installation to deliver instantaneous detection and tracking of
TotalEnergies and the Gujarat State Petroleum Corporation Limited (GSPC), a state-owned oil and gas company, announced the signing of a long-term Sale and Purchase Agreement (SPA) for a term of ten years starting in 2026.Under this agreement, TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG), amounting to six cargoes per year.
Fossil fuel and agriculture industry executives on Wednesday criticized a plan by President Donald Trump's administration for big fees on China-linked ships entering U.S. ports, arguing at a hearing in Washington that the move would hobble their ability to export everything from coal to soybeans.The proposed fees on China-built vessels could top $3 million per U.S. port call.
Costamare has reported a net income of $290.7 million as part of its unaudited financial results for the fourth quarter and year ended December 31, 2024, also noting its plans to renew its owned fleet.Gregory Zikos, Chief Financial Officer of Costamare, said: “In the container ship sector the Red Sea crisis led to diversions via the much longer Cape of Good Hope route.
Bristol Harbor Group, Inc. (BHGI) president, Gregory Beers, and vice president, Cory Wood, have been honored with the esteemed 2024 Rosenblatt-Michigan Award on October 13, 2024, at the SNAME Maritime Convention (SMC) in Norfolk, Va.The Rosenblatt-Michigan Award is an annual accolade presented by the University of Michigan College of Engineering and the Department of Naval Architecture and
The Methanol Institute (MI) has been granted consultative status by the IMO.Consultative status is reserved for non-governmental, international organizations that have the capability to make a substantial contribution to the work of IMO. MI will now be able to attend meetings as an observer and offer expert input on discussions in plenary and working groups.
Ardmore Shipping has announced a series of leadership changes and updates to its commercial organization following news of the upcoming retirement of Founder and CEO, Anthony Gurnee, and the appointment of Gernot Ruppelt and Bart Kelleher to CEO and President roles respectively.Effective September 16, 2024, Robert Gaina will join the Ardmore Senior Management Team (SMT) as Senior Vice President
Conrad Shipyard held a ceremony at its shipyard in Amelia, La. recognizing the first-of-class yard, repair, berthing, messing vessel (YRBM) it is building for the U.S. Navy.Scheduled for delivery to the Navy in San Diego later this year, YRBM-57 will serve as pierside living accommodations for U.S. Navy sailors.
AST Networks has expanded into the navigation and communication (NavCom) system sector.The move reflects their commitment to providing comprehensive communication solutions that address the evolving needs of the marine industry. By integrating NavCom technologies with its existing suite of maritime IT solutions, AST Networks aims to offer unmatched operational efficiency
The Methanol Institute (MI) has appointed Alexander Döll as its new Chief Operating Officer, effective immediately.He will take on his global position from MI’s Brussels office, with his onboarding commencing in Washington DC. Döll will draw on his extensive background experience in the chemical industry and the energy transition, having previously held leadership positions at OCI Global