BEIJING, June 1 (Xinhua) -- Chinas first offshore million-tonne carbon storage project was put into operation on Thursday in the South China Sea, according to the China National Offshore Oil Corporation (CNOOC). The project is designed to s

Gard was founded in 1907 by shipowners who were unwilling to expose themselves, through a mutual insurance arrangement, to the perceived new risks of steam propulsion. Now the wheel is turning full circle and increasingly shipowners are loo

Paris May 24th, 2023. Ascenz Marorka , a GTT Group brand, announces that it has been awarded two contracts by JOVO, a China-based clean energy service provider, to equip two LNG carriers with its Smart Shipping solution. These contracts cov

Photo: Courtesy of CNOOC The completed offloading of Mraweh ship carrying liquefied natural gas (LNG) from United Arab Emirates (UAE) in South Chinas Guangdong Province on Tuesday marks the first LNG import in China settled in Chinese yuan,

On May 10th,the 103m floating platform transfer vessel, owned by Denmark Ship ownerNorden, built by CSSC Guangxi Shipbuilding and Offshore Engineering Co., Ltd. (CSSC Guangxi),was successfully launched in Qinzhou city, Guangxi Province, Chi

Classification society Bureau Veritas on Monday (8 May) said it delivered an Approval in Principle (AiP) to GTT and Shanghai Waigaoqiao Shipyard (SWS) for the design of a Liquefied Natural Gas (LNG) dual-fuel Very Large Crude Carrier (VLCC)

China has completed its first deep-sea floating wind power platform for imminent operation, which has an installed capacity of 7.25 megawatts with an average annual power generation capacity forecast at 22 million kwh, the China National Of

On April 27, JiangnanShipyard and ChinaShipbuilding Tradingheld a signing and launching ceremony in Shanghai fortwo 175,000m3 largeLNG carriers builtfor Taiping Sinopec Financial Leasing and ShandongMarine Energy. This is the first large-sc

April 20, 2023. GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, announces its revenues for the first quarter of the 2023 financial year. Commenting on the results, Philippe Berterot

During recent days, CIMC Raffles and Norways Havfram confirmed and signed the second EPC shipbuilding Contract for the state-of-the-art Wind Turbine Installation Vessel, which will be ultilized for transportation, and installation services

Paris April 18th, 2023.GTT announces that it has received,in the first quarter of 2023,its first order from its new partner the Chinese shipyard China Merchants Heavy Industry-Jiangsufor the tank design of four newLiquefied Natural Gas Carr

A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato Asian spot liquefied natural gas (LNG) prices remained flat this week at the lowest level s

30March 2023 -CMES Shippingand PetroChina International Co., Ltd. (hereinafter referred to as PetroChina International) signed a special strategic cooperation agreement in liquefied gas transportation in Hong Kong. CMES Chairman Xie Chunlin

JAKARTA, Mar 31, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) recorded FY2022 gross profit of US$11.2 million, an 88% YOY growth, on the back of rising utilization and charter rates, and a 510%YOY jump in net profit to

On March 27, China Taiping Insurance Holdings announced that the Groups non-wholly-owned subsidiary Taiping Sinopec Financial Leasing and its wholly-owned subsidiaries Taiping 26 and Taiping 27 signed two ship construction contracts with Ch