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CMA CGM Masai Mara
Collaboration

CMB: Retrofit of ammonia-ready CMA CGM Masai Mara will be easy

The world’s first ammonia-ready containership CMA CGM Masai Mara, which was recently delivered from Chinese shipbuilder Qingdao Shipyard, promises to revolutionize the container shipping industry as the vessel readies to use ammonia as a viable fuel source. The 5,900 TEU engineering marvel sets a tr

about 3 years ago
Lhyfe ABB Skyborn SoutH2Port
Business Developments & Projects

Lhyfe, Capital Energy eye green hydrogen opportunities offshore Iberian Peninsula

Lhyfe and Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal. Under the agreement, the two companies will work together to create hydrogen production sites at some of the offshore wind farm sites currently bein

about 3 years ago
Johan Sverdup field in the North Sea; Credit: Lizette Bertelsen & Jonny Engelsvoll/Equinor
Business & Finance

Speed and scale of ‘fragmented’ energy transition not up to par with net-zero by 2050 targets

Equinor outlines in its new report that the 1.5-degree goal set in the Paris Agreement is becoming increasingly difficult to achieve.

about 3 years ago
Illustration/The AR1500 tidal energy turbine (Courtesy of SIMEC Atlantis Energy)
Authorities & Government

Alderney invites bids for new tidal energy projects

The government of Alderney has invited global tidal energy developers to submit proposals on how they would harness the estimated 3GW of tidal energy resources around the northernmost Channel island.

about 3 years ago
FSO Safer
Business Developments & Projects

EEC expresses interest in recycling FSO Safer as salvage operation moves forward

Netherlands-based Elegant Exit Company (EEC), which specializes in the sustainable recycling of veteran ships by converting them into green steel, has voiced interest in recycling FSO Safer. The rapidly decaying supertanker is at the center of a United Nations-led mission worth over $100 million to

about 3 years ago
Huge potential puts Oman on track to become sixth-largest hydrogen exporter by 2030
Business Developments & Projects

Huge potential puts Oman on track to become sixth-largest hydrogen exporter by 2030

In a first-of-its-kind report, International Energy Agency (IEA) has presented how rich renewable resources and vast land expanses could make Oman a competitive low-emissions hydrogen supplier by 2030. The report called Renewable Hydrogen from Oman: A Producer Economy in Transition is the first IEA

about 3 years ago
Shipping
Authorities & Government

GCMD survey unveils decarbonization blind spots: Industry cannot decarbonize without conservatives

Singapore-based Global Centre for Maritime Decarbonization and Boston Consulting Group have revealed major insights from the Global Maritime Decarbonization Survey during a presentation held at Nor-Shipping 2023’s Tradewinds Ocean Stage. The survey sheds light on the current state of maritime decarb

about 3 years ago
Equinor taps Aker Solutions for 'first, umbilical-less TH installation'
Business & Finance

Equinor taps Aker Solutions for ‘first, umbilical-less TH installation’

Norway’s state-owned energy giant Equinor has awarded compatriot Aker Solutions with a contract for the first delivery of its Submersible Wireless Installer for Tubing (SWIFT). According to Aker Solutions, the advantage of SWIFT includes OPEX and carbon-footprint savings for operators by providing u

about 3 years ago
Ciel & Terre’s 73.4MWp Kayamkulam floating solar plant in India (Courtesy of Ciel & Terre)
Business Developments & Projects

French company becomes GW-scale floating solar player

France-based company Ciel & Terre has exceeded 1.5GWp of floating solar projects in its pipeline, claiming the world-record for the company with the most floating solar plants constructed in the world.

about 3 years ago
Norbe VI; Source: Ocyan
Business & Finance

Ocyan undergoes restructuring, giving birth to new drilling player

Ocyan has confirmed the completion of its restructuring process, which enabled it to separate its drilling business into a new company, temporarily being called DrillCo.

about 3 years ago
ammonia-powered
Business Developments & Projects

Clarksons: 48% of orderbook embracing alternative fuels with 191 ships ammonia-ready

A total of 5.5% of fleet capacity today is alternatively fuelled, up from 2.3% in 2017, according to Clarksons’ Green Technology Tracker, which estimates the figure to reach 6.5% by 2025. Although alternative-fuelled newbuild ordering has been a little slower in 2023 to date, 48% of overall orderboo

about 3 years ago
NTS launches LNG dual-fuel newbuilds for Himalaya Shipping and EPS
Business Developments & Projects

NTS launches LNG dual-fuel newbuilds for Himalaya Shipping and EPS

China-based New Times Shipbuilding (NTS) has held launching ceremonies for two LNG dual-fuel bulk carriers built for Himalaya Shipping and Eastern Pacific Shipping (EPS). The launching ceremony for Himalaya Shipping’s 210,000 dwt bulk carrier was held on 9 June. Named Mount Neblina, the vessel is th

about 3 years ago
Illustration/Dragon 4 towing in Faroe Islands (Courtesy of Minesto)
Business Developments & Projects

Minesto hits a snag with Dragon 4 tidal energy kite’s offshore trials

Swedish company Minesto has retrieved its Dragon 4 tidal energy unit in Faroe Islands, amid interruption of electricity production during tests in Vesmanna.

about 3 years ago
A2B-online places order for methanol-ready, hybrid boxship pair
Vessels

A2B-online places order for methanol-ready, hybrid boxship pair

UK’s provider of flexible trailer, container and shipping services A2B-online has booked two multi-fuel, methanol ready hybrid containerships at Turkish Sedef Shipyard.

about 3 years ago
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