Floating Storage Unit News


Liebherr BOS Cranes Celebrates 50 Years

Nov 19, 2025

Liebherr marks half a century of BOS crane excellence. Since 1975, BOS cranes have been trusted by operators worldwide, known for their robust design and marine adaptability. The latest generation continues this legacy, now featuring an electric variant to meet evolving offshore demands…

EU Funds 70 Clean Energy Projects

Nov 17, 2025

The European Commission has selected 70 projects to help decarbonize transport and strengthen the competitiveness of EU industries by installing the infrastructure needed for recharging or refueling.The projects will receive over €600 million…

Port of Savannah Container Volumes Rise 4% Through October

Nov 17, 2025

The Port of Savannah handled 4.8 million twenty-foot equivalent container units in calendar year 2025 through October, up 183,250 TEUs or 4 percent. Monthly volumes in October totaled 452,934 TEUs, a decrease of 8.4 percent or 41,325 TEUs compared to October 2024…

Noatum Maritime, Siemens Energy and GPT Team Up for Offshore Renewables

Nov 17, 2025

Noatum Maritime, Siemens Energy and Green Parrot Tech (GPT) have signed a partnership agreement to explore collaboration in the offshore renewable energy sector.Noatum Maritime, an AD Ports Group company, Siemens Energy and GPT plan to combine…

Hoist & Winch Provides Lifting Solution for Marine Subcontractor

Nov 13, 2025

Industrial lifting equipment supplier Hoist & Winch was approached to provide a comprehensive and robustly tested lifting solution for a specialist marine subcontractor. This reservoir application required the transfer of three large-diameter…

Hapag-Lloyd Pledges to Address Costs as Nine-Month Profit Drops 50%

Nov 13, 2025

German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday and lowered the top end of its full-year earnings forecast, blaming volatile markets and pledging to be strict on costs…

Anschütz Establishes US Subsidiary

Nov 13, 2025

German navigation specialist Anschütz GmbH has founded a new subsidiary in the United States. Based in Bethesda, Maryland, Anschuetz USA Inc. aims to continue the successful tradition of “Anschütz of America” and optimize customer support for sales and service partners…

In the Search for Ship Energy Efficiency, Don't Forget Waste Heat

Nov 12, 2025

Fuel-agnostic and suitable for newbuilds and retrofit, Organic Rankine Cycle waste heat recovery systems are making headway as an energy-efficiency measure.Market prospects are looking so good for waste heat recovery systems that Orcan Energy…

LNG Canada Starts Up Kitimat Train 2

Nov 06, 2025

LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said.Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational…

Noatum Maritime, Bapco Upstream Sign Agreement for Marine Services at Bahrain LNG Terminal

Nov 05, 2025

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster offering a full portfolio of maritime solutions, announced it has been awarded a five-year contract by Bapco Upstream, to provide marine services at the Bahrain LNG Import Terminal (BLNG)…

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

Nov 04, 2025

The Port of Oakland has announced two achievements in its pursuit to become an environmentally-conscious port.In 2024, a record 86% of the electricity the Port provided to tenants and facilities came from renewable and zero-carbon sources; and…

AD Ports Group Signs Agreements with Nimex Terminals to Establish LNG, LPG Terminal Hubs at Khalifa Port

Nov 04, 2025

In a step toward strengthening the United Arab Emirates’ position as a global energy hub, AD Ports Group, a leading enabler of global trade, logistics, and industry, and Nimex Terminals, have signed two long-term agreements that will position…

Pakistan Cancels 21 Eni LNG Cargoes to Curb Excess Imports

Nov 04, 2025

Pakistan has struck a deal to cancel 21 liquefied natural gas cargoes under its long-term contract with Italy's Eni as part of a plan to curb excess imports that have flooded its gas network, according to an official document and two sources…

US Sets Global LNG Export Record

Nov 03, 2025

The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG.The U.S. exported a record 10.1 mmt of the liquid fuel in October…

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