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Render of GKinetic’s three-unit deployment at Thomond Weir (Courtesy of GKinetic)
Authorities & Government

GKinetic secures planning permission for hydrokinetic turbine array in Ireland

Limerick City and County Council has granted planning permission to local clean energy developer GKinetic to deploy three of its hydrokinetic turbines just upstream of Thomond Weir in the heart of Limerick City in Ireland.

about 3 years ago
NYK Line receives 1st LNG-powered car carrier from China Merchants
Green Marine

NYK Line receives 1st LNG-powered car carrier from China Merchants

China Merchants Jinling Shipyard (Nanjing) Co. has delivered the first of four LNG-fuelled pure car truck carriers (PCTC) to Japanese shipping major NYK Line. The 7,000-CEU car carrier Jasmine Leader was ordered back in 2021, and it is expected to be assigned for transportation of vehicles between E

about 3 years ago
Fincantieri floats out eco-friendly cruise ship for Regent Seven Seas Cruises
Business Developments & Projects

Fincantieri floats out eco-friendly cruise ship for Regent Seven Seas Cruises

Italian shipbuilder Fincantieri has launched a new eco-friendly cruise ship for Regent Seven Seas Cruises, a brand of Norwegian Cruise Line Holdings.

about 3 years ago
Shell
Authorities & Government

Shell doubles profit in 2022 to record-breaking $40 billion

Shell recorded the highest-ever profit of nearly $40 billion in 2022, which has come under fire from NGOs and environmentalists.

about 3 years ago
Uranus rig; Source: Trillion Energy
Business & Finance

‘Abundance’ of gas pay at Black Sea well exceeds expectations

Trillion Energy has drilled another well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

On emission reduction quest, Odfjell Drilling furnishes rig with new upgrade

Offshore drilling contractor Odfjell Drilling has upgraded one of its semi-submersible drilling rigs with a hybrid system to curb emissions.

about 3 years ago
FET launches next-generation subsea survey software
Business & Finance

FET launches next-generation subsea survey software

Houston-headquartered Forum Energy Technologies (FET) has released its latest generation of video recording solutions for the survey and inspection of subsea assets. Like its predecessors, version 11 (V11) of VisualDVR is a multi-channel, rack-mountable digital video system designed for use on remot

about 3 years ago
Shipbreaking
Authorities & Government

Urgent need for change in ship recycling sector: 80% of ships scrapped on South Asian beaches

A total of 443 ocean-going commercial ships and offshore units were sold for scrapping in 2022, data from NGO Shipbreaking Platform shows. Of these, 292 large tankers, bulkers, floating platforms, cargo- and passenger ships ended up for dirty and dangerous breaking on tidal beaches in Bangladesh, In

about 3 years ago
Korean Register
Automation

Hyundai Intelligent Navigation Assistant System secures backing from KR, Liberian Registry

The Korean Register and Liberian Registry have awarded Approval in Principle (AiP) to the Hyundai Intelligent Navigation Assistant System (HiNAS 2.0) for autonomous shipping. The system, developed by Avikus, a subsidiary of South Korean shipbuilding major Hyundai Heavy Industries, uses augmented rea

about 3 years ago
Euronav
Business & Finance

Euronav says ousting of entire Supervisory Board not a good idea

Belgian tanker shipping company Euronav believes that the recent request from its shareholder Compagnie Maritime Belge (CMB) to replace the entire Supervisory Board is not a good idea. CMB’s request came on the back of the fallout between Euronav and John Fredriksen’s Frontline on the planned mega-m

about 3 years ago
Equinor and Engie press ahead with H2BE hydrogen project in Belgium
Business Developments & Projects

Equinor and Engie press ahead with H2BE hydrogen project in Belgium

Norwegian energy giant Equinor and French utility company Engie have decided to sign a joint development agreement (JDA) to progress their H2BE low-carbon hydrogen project to the next phase. Equinor and Engie first announced their 1 GW H2BE project, which aims to develop the production of low-carbon

about 3 years ago
MoorPower scaled demonstrator barge undergoing preparatory works at Carnegie’s research facility (Courtesy of Carnegie Clean Energy)
Business Developments & Projects

Carnegie makes progress on MoorPower demonstration project

Carnegie Clean Energy has made significant advancements on the development of MoorPower demonstration project, whose aim is to introduce a CETO-derived wave energy product for the aquaculture sector.

about 3 years ago
Uranus rig; Source: Trillion Energy
Business Developments & Projects

Canadian player takes steps to gain more insight into Black Sea project’s gas potential

Canada’s oil and gas player Trillion Energy has kicked off its 3D seismic reprocessing project for a natural gas field in the Black Sea offshore Türkiye

about 3 years ago
Ursula von der Leyen, President of the European Commission; Image credit: World Economic Forum
Authorities & Government

EU’s Green Deal Industrial Plan sets the stage for faster green transition of shipping

The European Union has rolled out A Green Deal Industrial Plan for the Net-Zero Age, which is being described as the EU version of the US Inflation Reduction Act. The plan aims to provide a more supportive environment for the scaling up of the EU’s manufacturing capacity for the net-zero technologie

about 3 years ago
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