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The development Argentina’s vast Vaca Muerta share is transforming the nation into a rising energy exporter, with oil and pipeline gas already flowing abroad and an ambitious multi-phase ‘Argentina LNG’ initiative aiming to secure a permanent place in the global liquefied natural gas (LNG) market.
https://www.marinelink.com/news/argentinas-mmtpa-lng-ambition-feasible-529012
https://www.marinelink.com/news/argentinas-mmtpa-lng-ambition-feasible-529012First High-Tech Exploration of Argentina’s Mar del Plata Canyon, Schmidt Ocean Institute’s Remotely Operated Vehicle SuBastian shines light on an offshore canyon in Argentine waters nearly twice as deep as the Grand Canyon — capturing images and video of 40 suspected new species…
https://www.marinelink.com/news/exploring-ocean-canyons-soi-strikes-again-529016
https://www.marinelink.com/news/exploring-ocean-canyons-soi-strikes-again-529016A South African court has overturned an environmental authorisation for offshore drilling given to French energy giant TotalEnergies. The country’s High Court said the green light for exploratory operations in Block 5/6/7 off Cape Town, given in 2023, had been reviewed and “set aside”. The block is owned by PetroSA, the operator TotalEnergies, and supermajor …
https://splash247.com/court-halts-totalenergies-drilling-plan-off-south-africa/
https://splash247.com/court-halts-totalenergies-drilling-plan-off-south-africa/Greenpeace has installed a new work by conceptual artist Anish Kapoor on Shell’s Skiff platform in the North Sea. To install the artwork, titled ‘Butchered’, seven Greenpeace climbers boarded and scaled the gas platform, some 45 nautical miles off the Norfolk coast. After securing a 12×8 m canvas to one side of the structure, the …
https://splash247.com/greenpeace-installs-anish-kapoor-artwork-on-shells-offshore-gas-platform/
https://splash247.com/greenpeace-installs-anish-kapoor-artwork-on-shells-offshore-gas-platform/Sumant Ahlawat-led Apeejay Shipping has reshuffled its dry bulk fleet, opting for larger units even at the expense of raising its overall fleet age. Last week, Greece’s Star Bulk Carriers announced a series of vessel sales. Apeejay Shipping – one of India’s oldest shipping companies – has now been confirmed as the buyer of some …
https://splash247.com/apeejay-shipping-swaps-younger-ships-for-larger-older-units-in-star-bulk-deal/
https://splash247.com/apeejay-shipping-swaps-younger-ships-for-larger-older-units-in-star-bulk-deal/Golar LNG is stepping up efforts to secure a yard slot and long-lead equipment for what would be its fourth floating LNG (FLNG) production unit. The Nasdaq-listed company, backed by Norwegian shipping investor Tor Olav Trim, said it is in talks with three shipyards over potential designs and construction schedules. The designs under consideration-MK I, …
https://splash247.com/golar-readies-to-lock-in-fourth-flng-unit/
https://splash247.com/golar-readies-to-lock-in-fourth-flng-unit/Ukraine’s Special Operations Forces have struck the Russian port of Olya in the Astrakhan region, destroying a vessel loaded with components for Iranian-made Shahed drones and ammunition. The attack, carried out on August 14 in coordination with other elements of Ukraine’s Defense Forces, hit the Port Olya 4, a general cargo ship, while it was …
https://splash247.com/ukraine-targets-caspian-port-in-strike-on-russian-drone-supply-chain/
https://splash247.com/ukraine-targets-caspian-port-in-strike-on-russian-drone-supply-chain/The United States’ formal rejection of the International Maritime Organization’s (IMO) proposed net-zero framework for the shipping industry led coverage at Splash this week. This framework, which includes carbon levies and fuel standards, aims to significantly reduce greenhouse gas emissions from ships by 2050. The US administration views this plan as a “global carbon tax …
https://splash247.com/splash-wrap-red-white-and-fume/
https://splash247.com/splash-wrap-red-white-and-fume/Singapore’s X-Press Feeders has hit back at the Sri Lankan Supreme Court’s order to pay $1bn within a year over the 2021 X-Press Pearl casualty, warning the decision tramples on due process, scapegoats its crew, and poses a dangerous precedent for global shipping. The feeder giant accused the court of effectively convicting the vessel’s master …
https://splash247.com/x-press-feeders-fires-back-in-1bn-sri-lankan-court-fight/
https://splash247.com/x-press-feeders-fires-back-in-1bn-sri-lankan-court-fight/The big ports deal involving CK Hutchison has hit choppy waters. The Hong Kong-based conglomerate confirmed yesterday that its planned sale of 43 global ports for just shy of $23bn is unlikely to be completed this year as previously hoped. The deadline for exclusive talks between CK Hutchison and suitors BlackRock and Mediterranean Shipping Co …
https://splash247.com/ck-hutchison-ports-sale-unlikely-to-be-concluded-this-year/
https://splash247.com/ck-hutchison-ports-sale-unlikely-to-be-concluded-this-year/