Thordon Bearings has been contracted to supply its grease-free, self-lubricating ThorPlas-Blue bearing material to Aloft Systems’ containerized wind propulsion system designed by to reduce fuel consumption and fossil fuel emissions across all commercial ship types.
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Rotobox uses thermocatalytic decomposition process (TCD) onboard marine vessels, where part of the natural gas fuel supply is
Nexans has completed the last pull-in of the subsea interconnector cable between the island of Crete and the Greek mainland. Nexans is in charge of the design, manufacture and installation of the 335-kilometer subsea HVDC cable system for Ariadne Interconnection, owned by Greece’s state grid operato
Japan’s Marubeni Corporation has launched the first green hydrogen injection demonstration project in the natural gas distribution network of Portugal through its investment in Floene Energias, a gas distribution system operator in Portugal with over 70% of the country’s market share. According to M
Four European companies have teamed up to launch an association to promote the potential and the development of osmotic energy called Osmotic Energy for the European Union (OE4EU).
Costamare, Monaco-based owner and provider of containerships and dry bulk vessels for charter, has invested $200 million in Neptune Maritime Leasing Limited, becoming the leading investor in the growth-oriented maritime leasing platform. Neptune Leasing, established in 2021 by seasoned financier Har
The first of two water injection dredgers (WIDs) for Van Oord was successfully launched last week under beautiful conditions at the Vahali yard in Serbia. After launching, the WIDs will be transported to the yard in Zwijndrecht where the outfitting work will take place. In July 2022, Van Oord ordere
The Port of Los Angeles has entered into separate Memorandum of Understandings (MOUs) with the Port of Tokyo and the Port of Yokohama to collaborate on sustainability and environmental issues.
JGC Corporation, in partnership with Hyundai Engineering & Construction (E&C), has secured a front-end engineering design (FEED) and engineering, procurement and construction (EPC) estimation contract for the downstream LNG facilities of the Papua LNG project. The contract was awarded by ExxonMobil,
Norway’s cleantech company TECO 2030 has achieved a prerequisite required to release the NOK 50 million ($4.6 million) grant given to the company by Innovation Norway in October 2021. Innovation Norway, the Norwegian Government’s instrument for supporting innovation and development of Norwegian ente
Norway’s Golden Energy Offshore Services (GEOS) has secured a bring-to-work (B2W) contract and a medium-term contract in direct continuation for its multi-purpose support vessel (MPSV) Energy Duchess. For the B2W contract, the vessel will be used to accommodate and bring technicians and equipment to
Greek shipping major Tsakos Energy Navigation (TEN) has placed orders for the construction of two scrubber-fitted environmentally designed Suezmax tankers in South Korea. The company did not disclose the name of the yard, however, previous market reports indicate that the builder is Hyundai Heavy In
Japanese shipping company Mitsui O.S.K. Lines (MOL) has decided to purchase a 32,000-ton cruise ship Seabourn Odyssey from US-based cruise line Seabourn Cruise Line Limited.
BW Energy is preparing for the closing of the acquisition of two clusters in the Espírito Santo Basin offshore Brazil.
