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Idemitsu, HEPCO, and JAPEX to study CCUS implementation in Hokkaido, Japan
Business & Finance

Idemitsu, HEPCO, and JAPEX to study CCUS implementation in Hokkaido, Japan

Japanese companies Idemitsu Kosan, Hokkaido Electric Power (HEPCO), and Japan Petroleum Exploration (JAPEX) have come together for a joint study for implementing carbon dioxide capture, utilisation, and storage (CCUS) in the Tomakomai area of Hokkaido, Japan, leveraging each company’s business sites

about 3 years ago
Scale model of OceanEnergy’s OE35 wave energy device (Courtesy of OceanEnergy)
Business Developments & Projects

WEDUSEA wave energy project makes design and engineering progress

The partners in the €19.6 million WEDUSEA wave energy project have made significant progress in the engineering and design scope of development, building on learnings from previous wave energy initiatives.

about 3 years ago
Helsinki Shipyard
Green Marine

Helsinki Shipyard floats out hybrid diesel-electric expedition ship

Finnish shipbuilder Helsinki Shipyard has floated out a hybrid diesel-electric expedition ship SH Diana being built for Swan Hellenic. SH Diana’s fitting out is already underway, as the vessel readies for its maiden cruise, leaving Palermo in Italy for Lisbon in Portugal on 15 April. Diana will then

about 3 years ago
Maersk Supply Service wins ‘largest solutions contract to date’
Business & Finance

Brazilian FPSO deal brings Maersk Supply Service ‘largest solutions contract to date’

Maersk Supply Service has inked a deal with TechnipFMC for the comprehensive towing and mooring campaign of Petrobras’s project off Brazil.

about 3 years ago
Massive LNG-fueled bulker begins voyage with its first cargo for Anglo American, cutting emissions by up to 35%
Business Developments & Projects

Massive LNG-fueled bulker begins voyage with its first cargo for Anglo American, cutting emissions by up to 35%

Ubuntu Harmony, a recently launched LNG dual-fueled Capesize+ bulk carrier, has been loaded with its first cargo of iron ore, according to UK-based mining company Anglo American, which charters the vessels from Taiwanese bulk carrier company U-Ming Marine. The 190,000 dwt vessel loaded its first car

about 3 years ago
Prysmian to start installing Saint-Brieuc inter-array cables next month
Business Developments & Projects

Prysmian to start installing Saint-Brieuc inter-array cables next month

Prysmian will begin working on the installation of inter-array cables at the Saint-Brieuc offshore wind farm at the beginning of next month, shortly after the vessels to be deployed for this operation arrive at the project site in France at the end of this month or in the first days of February. Pry

about 3 years ago
Rotech Subsea wraps up cable work at UK offshore wind farm
Business Developments & Projects

Rotech Subsea wraps up cable work at UK offshore wind farm

Rotech Subsea, a provider of subsea tools to the energy industry, has completed cable de-burial, cut and recovery, and cable burial operations, at an offshore wind farm in UK waters.

about 3 years ago
Conoship
Automation

Study: Shared automated micro panel line for the Northern Netherlands shipbuilding feasible

Setting up a fully automated line for the joint production of ship parts by the Northern Netherlands maritime sector for the benefit of Northern shipyards is technically, financially, and organizationally feasible, a study shows. The feasibility study, ‘Shared Facility micro panel line for the North

about 3 years ago
CorPower Ocean's wave energy farm (Courtesy of CorPower Ocean)
Business Developments & Projects

EVOLVE spotlights value of ocean energy for future energy mix, uncovering 70GB of viable resources in three European countries

Official results from the pan-European EVOLVE project involving world-leading academics, research institutions and technology developers have been released, providing a firm evidence base supporting the acceleration of ocean energy in Europe’s future energy system.

about 3 years ago
Storage of natural gas and hydrogen ‘fundamental’ to tackling energy crisis and decarbonisation
Authorities & Government

Natural gas and hydrogen storage ‘fundamental’ to tackling energy crisis and decarbonisation

Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.

about 3 years ago
ABL investigates solar-powered cold ironing at Mombasa Port
Business Developments & Projects

ABL investigates solar-powered cold ironing at Mombasa Port

Energy and marine consultancy ABL Group has investigated two possible brownfield sites for the installation of a solar photovoltaic (PV) plant to generate renewable energy-powered shore power at the Port of Mombasa, Kenya.

about 3 years ago
Sakhalin Energy exceeds its 2022 targets
Business & Finance

Sakhalin Energy exceeds its 2022 targets

Russian LNG producer Sakhalin Energy has surpassed its 2022 targets, producing about 11.5 million tonnes of LNG and 3.7 million tonnes of Sakhalin blend oil. According to the company, all products were delivered to the buyers on time in full compliance with the SPA terms. The major LNG markets inclu

about 3 years ago
shipping/Marine insurers
Business & Finance

Landmark report shows marine insurers’ portfolios not measuring up to IMO, Paris targets

A group of eight marine insurers has released the first Annual Disclosure Report for Poseidon Principles for Marine Insurance, disclosing the climate alignment of their hull and machinery portfolios. The report surveys the portfolios of the framework’s signatories in what has been described as a ‘la

about 3 years ago
Karpowership to help ease Ukraine’s energy crisis via floating power stations
Business Developments & Projects

Karpowership to help ease Ukraine’s energy crisis via floating power stations

Turkey’s floating power plant company Karpower International (Karpowership) has signed a memorandum of understanding (MoU) with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and accelerate the use of floating power stations to alleviate the nation’s

about 3 years ago
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