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Leclanché secures new ferry electrification project in Norway
Business Developments & Projects

Leclanché secures new ferry electrification project in Norway

Swiss energy storage solutions provider has secured a contract with Norwegian system integrator Brunvoll Mar-El for the electrification of a conventionally powered Norwegian ferry. Leclanché said it was selected by Brunvoll to support the retrofit of the MF Rygerbuen passenger and vehicle ferry into

about 2 years ago
Deepsea Mira rig; Source: Odfjell Drilling
Business & Finance

TotalEnergies evaluating flow test results for potential commercial oil development off Namibia

TotalEnergies has made progress with its multi-well appraisal and exploration drilling program in Namibia, which is being carried out with two rigs.

about 2 years ago
SWS strikes deal for eight methanol-powered 9,200 TEU boxships
Vessels

SWS strikes deal for eight methanol-powered 9,200 TEU boxships

Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation (CSSC), has signed a contract for the construction of eight methanol-powered 9,200 TEU containerships.

about 2 years ago
methanol-dual fuel Kamsarmax
News

Diana orders two methanol-powered Kamsamaxes

Greek dry bulk shipping company Diana Shipping has signed a letter of intent to procure two 81,200 dwt methanol dual-fuel Kamsarmax dry bulk newbuilds. These vessels, with a purchase price of US$46 million each, will be constructed at Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the Chines

about 2 years ago
FPSO Petrojarl Knarr; Source: Altera Infrastructure
Authorities & Government

Multi-billion investment on the horizon, as UK greenlights giant Rosebank oil field

The North Sea Transition Authority has now given its blessing for the development of the controversial Rosebank field on the UKCS.

about 2 years ago
UNCTAD: Up $28 bln extra required to decarbonize shipping
Business & Finance

UNCTAD: Up $28 bln extra required to decarbonize shipping

While the push for eco-friendly shipping is commendable, it comes with a hefty price tag, potentially affecting small island developing states (SIDS) and least developed countries (LDCs) that rely heavily on maritime transport. According to a recent UNCTAD report, the transition to decarbonized ship

about 2 years ago
Sener designs two LNG-powered ships with CCS for Grona Shipping
Business Developments & Projects

Sener designs two LNG-powered ships with CCS for Grona Shipping

Spanish technology and engineering group Sener has developed the conceptual and basic engineering of two new vessels equipped with carbon capture systems (CCSs) for German company Grona Shipping.

about 2 years ago
A photo of the Kincardine floating wind farm in Scotland
Authorities & Government

Spanish developer proposes three floating wind farms in Portugal

Capital Energy, a renewable energy project developer based in Spain, has submitted applications for environmental assessments for three floating offshore wind farms in Portugal with a total capacity of 2 GW. Named Parque Eólico Offshore Barlavento, Parque Eólico Offshore Carvela and Parque Eólico Of

about 2 years ago
Sunfire’s SOEC produces first hydrogen at RWE’s site in Lingen
Business Developments & Projects

Sunfire’s SOEC produces first hydrogen at RWE’s site in Lingen

The GET H2 TransHyDE joint project, based in Lingen, Germany, has reached a milestone with hydrogen produced for the first time on the site of the RWE gas-fired power plant in Emsland (KEM) using a high-temperature solid oxide electrolyzer (SOEC) from Sunfire. The electrolyzer, which is installed in

about 2 years ago
Oshima Shipbuilding
Business Developments & Projects

Intermodal: Bulkers in high demand

The dynamic shipbuilding sector in Japan has flexed its muscles over the past week, securing major contracts in the bulker sector totaling in a dozen orders. Oshima Shipbuilding has been linked to an order with Greek shipping company Latsco Shipping Limited. The deal entails the construction of thre

about 2 years ago
Investor financing backs commercialization of Nauticus' ocean robots fleet
Business & Finance

Investor financing backs commercialization of Nauticus’ ocean robots fleet

U.S.-based developer of ocean robots Nauticus Robotics has secured term loan financing of up to $20 million from existing investors that will be used to bolster the commissioning and commercialization of its fleet. Nauticus Robotics entered into a senior secured term loan agreement with existing sta

about 2 years ago
Illustration. Source: BOEM
Authorities & Government

US puts Gulf of Mexico oil & gas lease sale on ice following court order

BOEM has postponed the next offshore oil and gas lease sale for acreage in the Gulf of Mexico (GOM) to comply with a court order.

about 2 years ago
MPA inks three MoUs in China to support maritime digitalization and decarbonization
Business Developments & Projects

MPA inks three MoUs in China to support maritime digitalization and decarbonization

The Maritime and Port Authority of Singapore (MPA) has signed three Memorandum of Understanding (MoU) with regional maritime administrations and partners in China to advance collaboration on digitalization, decarbonization, talent development, and information exchange.

about 2 years ago
Survey wraps up at TotalEnergies' CO2 storage license
Business & Finance

Survey wraps up at TotalEnergies’ CO2 storage license

Shearwater GeoServices has completed a carbon storage survey project in the Danish North Sea for French energy giant TotalEnergies. The survey covers a CO2 geological storage license awarded to TotalEnergies earlier this year. To remind, the Danish Ministry of Climate, Energy and Supply announced on

about 2 years ago
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