• 2024 January 24 14:02

    Seatrium secures S$400 mln Green Loan from UOB for eco-projects

    Seatrium Limited has annouced that its wholly-owned subsidiary Seatrium Financial Services Pte. Ltd. (SFS) has successfully secured a S$400 million committed Green Revolving Loan Facility from UOB. 

    The loan facility, underpinned by green loan principles, supports Seatrium’s business growth in the offshore renewables space through financing green/ environmentally sustainable projects, and achieving its Environmental, Social and Governance (ESG) targets over time, further bolstering sustainable development in the offshore and marine sector. 

    In 2023, Seatrium successfully secured over S$2 billion in sustainability-linked loans and green financing. As a leading global provider of engineering solutions for the offshore, marine, and energy industries, Seatrium is dedicated to fulfilling its Sustainability Vision 2030 by enabling its clients in their mission to reduce carbon footprint through the construction, conversion, and retrofitting of energy-efficient and environmentally sustainable vessels and subsea platforms/development. The Group has set a target 40% of its net order book to comprise cleaner/greener solutions and renewable sources of energy by 2030.

    Seatrium Limited (formerly Sembcorp Marine Ltd and renamed as Seatrium Limited following its combination with Keppel Offshore & Marine Limited) provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Renewables and New Energies, Specialised Shipbuilding, and Repairs & Upgrades, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation. Seatrium operates shipyards and other facilities in Singapore, Brazil, China, Indonesia, Japan, the Philippines, Norway, the United Kingdom and the United States.




2024 May 31

18:06 Fratelli Cosulich Group celebrates the new vessel "Marta Cosulich"
17:36 Eight investment schemes submit an EoI for the acquisition of a majority stake in the share capital of the Lavrio Port Authority
17:12 Fairchem Pathfinder completes its inaugural LNG bunkering operation in Singapore
16:41 Fortescue plans to order five very large ammonia carriers
16:25 Antong acquires Sinotrans Container Lines and China Merchants RoRo Transportation from China Merchants Energy Shipping Company
15:42 SWS and X-Press Feeders sign contract for four 11,000 TEU methanol-fueled boxships
15:23 Avenir LNG launches ship-to- ship LNG bunker supply in the port of Lubeck
14:42 PSA Singapore and PIL successfully trial a low-carbon end-to-end shipment
14:12 China's container throughput at its ports rose 9 percent year on year in Jan-Apr 2024
13:44 Swedbank sets climate target for shipping portfolio
12:49 Ship traffic to resume in Turkey's Bosphorus Strait after brief suspension
12:23 Global schedule reliability drops back to January 2024 levels
11:59 ABS and HD Hyundai Heavy Industries sign JDP to advance 3D printing
10:48 AD Ports Group and Economic Development Board of Madagascar sign MoU
10:27 Metrans expands terminal area in Dunajská Streda
09:58 DNV validates Norsepower’s new EEDI/EEXI calculation method

2024 May 30

18:06 RINA unveils Strategic Plan to reach 2 billion euros by 2030
17:21 Seaspan Shipyards unveils digital model of Canada’s heavy Polar Icebreaker
17:10 “K” Line announces delivery of a Capesize Bulk Carrier fueled by LNG "CAPE HAYATE" for JFE Steel Corporation
16:40 KOMIPO and Vitol extend long term LNG supply contract
16:02 HD HHI to build naval MRO service base in Philippines
15:58 Danaos adds four more vessels to its order book
15:25 Saudi Aramco to reportedly sell $10 billion to $20 billion worth of shares in new offering
14:43 Subsea7 awarded ‘super-major’ contract offshore Brazil
14:13 TECO 2030’s fuel cell runs at 100% power capacity in test bed
13:42 Platform ship Marechal Duque de Caxias arrives in Brazil on its way to the pre-salt layer
13:17 First shore power for seagoing vessels arrives at Antwerp Euroterminal
12:44 EU sets higher tariffs on Russian and Belarusian grain products
12:21 Sea-Intelligence: Brexit leads to 24% ETS North Atlantic savings
12:08 MABUX: Bunker Outlook, Week 22, 2024
11:51 Cargotec starts the sales process of MacGregor
11:24 NYK and CMLNG jointly establish a ship-management company for LNG carriers "OPearl"
09:56 LR and REGENT partner on certification for all-electric seaglider

2024 May 29

18:00 Kongsberg Discovery completes an underwater demonstration of an autonomous underwater vehicle for the US Navy
17:07 CMA CGM Symi receives LNG from North America’s largest LNG bunker barge
16:47 ABS-classed SOV ECO EDISON launched
16:21 Brittany Ferries, Wartsila and Incat partner on zero-emissions ferry project
15:37 Huisman to deliver deepwater Knuckle Boom Crane for Coastal International Marine
15:13 Wintershall Dea installs template on Dvalin North field
14:55 Hyundai Glovis orders six dual-fuel LNG car carriers in China
14:22 IMO Member States call for an immediate end to ongoing attacks on ships and seafarers transiting through the Red Sea and Gulf of Aden
13:42 USCG Guidance on the use of power-limiting devices to ensure safe navigation
13:22 U.S. biodiesel imports have doubled since 2022 due to low prices in Europe
12:41 MAN Cryo to design hydrogen supply for net-zero Norwegian ferries
12:21 Wartsila Lifecycle Agreement to ensure operational reliability for two Japanese ferries
11:35 Alfa Laval introduces PureBallast 3 Ultra ballast water management system
11:10 Van Oord wins contract for Nordseecluster offshore wind project
10:40 Greek shipowners could face €1bn EU ETS costs
10:02 The Panama Canal expects up to 32 ships to cross daily as of June 1st
09:48 Marine fuel cells better suited for auxiliary power than propulsion – MMMCZCS

2024 May 28

18:02 Boluda Towage acquires British company SMS Towage
17:16 TE H2 and VERBUND sign MoU with the Republic of Tunisia to study the implementation of a large green hydrogen project
16:42 China’s bonded bunker fuel imports fell in April – JLC
16:15 European Commission approves up to €1.4 billion of State aid by seven Member States for the fourth Important Project of Common European Interest in the hydrogen value chain
15:52 Finnlines inaugurated its new line in Malmö
15:26 Yangzijiang Shipbuilding’s order book rises to record US$16.1 billion
14:52 Cochin Shipyard bags new order for construction of new generation hybrid wind farm Service Operation Vessels
14:18 HD Hyundai Heavy aims to top 5 tln won in naval vessel sales by 2035
13:41 RINA hits 800 million euros in 2023 revenue
13:21 COOEC appoints ABL for Safaniya jacket installations
12:41 The Canada Infrastructure Bank investment to improve flow of Canadian exports through Port of Prince Rupert
12:21 Cyprus cancels the contract for the reconstruction of the port and marina of Larnaca
11:42 Vår Energi signs an agreement with the OGMP to improve the accuracy and transparency of methane emissions reporting
11:10 AD Ports, Transmar and Orascom Construction sign MoU for the development of a green methanol facility in Egypt
10:41 Astilleros Armon launches the first of twelve new hybrid high-speed ferries designed by Incat Crowther for Italian ferry operator Liberty Lines
10:04 HELCOM adopts new measures to mitigate ammonia emissions from agriculture
09:58 HAV Group receives an order from Fjord1 to design vessel automation and autonomous navigation systems for four ferries

2024 May 27

18:02 QatarEnergy announces FID in the second development phase for Brazil’s Sépia field
17:30 NYK begins first long-term biofuel test run on large crude oil tanker
17:16 Ondas Holdings' Airobotics and HHLA Sky partner to offer drone services