Dalian Shipbuilding Industry Co.,Ltd./Dalian Shipyard Group Co.,Ltd.

Chinese search and rescue officials pulled 12 bodies on Monday from waters southwest of Hong Kong after an engineering vessel snapped in two as tropical storm Chaba passed through, state television said.Maritime authorities of the southern province of Guangdong were stepping up efforts to identify the bodies, suspected to have drowned, after they were retrieved about 50 nautical miles from where the stricken ship sank, it added.Four of its crew were rescued by Monday, although rescue officials in the global financial hub had warned the previous day that "very slim" chances remained of finding others alive.

President Joe Biden's administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan may have anywhere from zero to 11 lease sales.The range of options, between two auctions a year and none at all, sought to balance the administration's efforts to fight climate change with its calls to increase oil and gas supplies in the face of soaring fuel prices.The proposed plan includes no more than 10 possible sales in the Gulf of Mexico and one in the Cook Inlet off the coast of Alaska, the Interior Department said, adding that areas of development could be winnowed further after public comment.

Singapore-based shipbuilder Sembcorp Marine has delivered the second of three identical battery-operated roll-on/roll-off passenger (“Ropax”) ferries to Norwegian ferry operator Norled.Designed by Sembcorp Marine's subsidiary LMG Marin, the shipbuilder says that the zero-emission vessel will be capable of operating at a service speed of 10 knots, powered by lithium-ion batteries which are charged using green hydro-electric power. The ferry can also run on a combined battery-diesel hybrid backup mode when required.The 82.

Greece can cope well with potential cuts in Russian gas supply due to the availability of liquefied natural gas (LNG) as an alternative, its energy minister said on Monday after a meeting with energy suppliers and grid operators on energy security.The country relied on Russian gas via the TurkStream pipeline for 40% of its needs last year. About 70% of its gas imports are used in power generation.Russian gas flows to Europe via Ukraine and the Nord Stream 1 pipeline have fallen this year after Russia's invasion of Ukraine in February and Europe’s moves to impose sanctions on Moscow, prompting concerns about further disruptions over the winter.

Norwegian shipowner MPC Container Ships has contracted two carbon-neutral 1,300 TEU newbuildings at Chinese-based shipyard Taizhou Sanfu Ship Engineering for delivery in the second half of 2024.The vessels come with a dual fuel engine setup which enables operation on methanol as well as conventional MGO.The company said the order woul allow it to "take a significant leap forward in its commitment to use carbon-neutral solutions in regional container trades together with strong partners."The vessels come with 15-year time charters to North Sea Container Line AS (NCL), backed by CoAs from various parties, including a 15-year CoA with Norwegian industrial group Elkem ASA.