In its new report “Electric Boats & Ships 2024-2044,” technology company IDTechEx has provided granular 20-year forecasts in unit sales, battery demand and battery market value for the electric ferry, electric cargo/container, electric Ro-Ro, electric cruise, electric OSV, electric tugboat and elect
Japanese company Eco Marine Power has unveiled a new sail device that can be used as a modification for rigid sails or used as a stand-alone energy-saving device.
Shortly after Bangladesh, Liberia has acceded to the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships enabling the treaty to finally enter into force. The Hong Kong Convention aims to ensure that ships when being recycled after reaching the end of their operational live
TechnipFMC has been hired by Azule Energy to provide subsea production systems for a development project offshore Angola.
Danish container shipping heavyweight A.P. Moller – Maersk (Maersk) has placed an order for six mid-sized container vessels with Yangzijiang Shipbuilding Group. The company said that the six 9,000 TEU vessels will all have dual-fuel engines able to operate on green methanol and fuel oil. The ships a
Ørsted and BP have reached an agreement on the previously disputed overlap area between the Hornsea Four offshore wind farm and the Endurance carbon storage site, developed by the Northern Endurance Partnership (NEP) that gathers BP, Equinor and TotalEnergies. Quick overview: Ørsted submitted an app
Wood Mackenzie, an energy intelligence group, lists five global challenges in the energy transition story from the Asian perspective.
The government of Canada has established a task force on sustainable tidal energy to explore issues and opportunities associated with the deployment of tidal energy projects in the Bay of Fundy.
The Correll Group – Cable Installation & Power Services Division has been awarded a contract from Asso.subsea for the Alternate Current (AC) Submarine cables pull-in operations on both the Gode Wind 3 offshore substation and the High-Voltage Direct Current (HVDC) DolWin Kappa offshore substation as
As part of its journey to decarbonize agriculture and serve clean ammonia segments, Norwegian fertilizer company Yara has announced it will boost its clean ammonia operations by investing in blue ammonia capacity in the U.S. Yara noted its ambition is to be the leading distributor across green, blue
The global shipping industry can reduce emissions by nearly 50% by the end of the decade, according to a new study by CE Delft.
In a bid to tighten the enforcement of existing sanctions against Russia, the European Union has implemented a comprehensive 11th package of measures, including significant restrictions on ship-to-ship transfers. The new regulations, adopted by the Council, aim to curb circumvention tactics employed
Vietnam’s T&T Group and Korean companies Korea Gas Corporation (KOGAS) and SK Group have signed and awarded a Memorandum of Understanding (MoU) to cooperate on developing LNG and hydrogen projects in Vietnam. Specifically, T&T Group said that, together with KOGAS, it will work on developing LNG gas
Seadrill is contemplating the sale of three jack-up rigs, which are working in Qatar, along with its interest in Gulfdrill LLC.
