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Port of Antwerp-Bruges
Collaboration

Port of Antwerp-Bruges, MPA Singapore team up on maritime digitalization, decarbonization

Belgium’s Port of Antwerp-Bruges and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MOU) to collaborate on maritime decarbonization and digitalization.

about 1 year ago
New MIT Maritime Consortium sets out to tackle industry challenges
Business Developments & Projects

New MIT Maritime Consortium sets out to tackle industry challenges

Maritime industry leaders and the Massachusetts Institute of Technology (MIT) have formed a new consortium to address challenges in the global shipping industry.

about 1 year ago
An LNG carrier at sea
Business Developments & Projects

Cheniere reaches 4,000th LNG cargo mark ‘faster than any producer in history’

U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy has celebrated the 4000th shipment of LNG cargo at its terminal in Louisiana.

about 1 year ago
wind propulsion
Business Developments & Projects

Large ships can save close to $500,000 on fuel costs by adopting wind propulsion, new study reveals

There are significant economic and climate benefits of using wind-assisted propulsion to power global shipping, a new report by marine NGO Seas At Risk found.

about 1 year ago
16 applicants pursuing Denmark's $4.1 billion carbon capture and storage fund
Authorities & Government

16 applicants pursuing Denmark’s $4.1 billion carbon capture and storage fund

The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr

about 1 year ago
Vessev
Business Developments & Projects

Vessev readies to debut hydrofoil technology as it docks in the US market

New Zealand-based electric hydrofoiling technology company Vessev has dropped anchor in the United States market with the launch of its first office in the country, driven by an ambition to address the increasing demand for sustainable maritime solutions. As disclosed, the opening of the new office—

about 1 year ago
Two offshore platforms
Business Developments & Projects

NEO Energy and Repsol merging North Sea ops to bolster resilience in ‘tough’ UK conditions

Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has reached an agreement with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol, to combine their North Sea businesses.

about 1 year ago
NIM-led project to develop ‘world’s first’ liquid hydrogen-powered general cargo ship
Business Developments & Projects

NIM-led project to develop ‘world’s first’ liquid hydrogen-powered general cargo ship

Led by the Dutch Innovation Company (NIM) and supported by the Dutch government, a new project has been launched to develop the “world’s first” zero-emission general cargo ship powered by liquid hydrogen.

about 1 year ago
EU
Authorities & Government

EU urged to take action to end ‘dumping’ of toxic ships and support capacity building

Belgian NGO Shipbreaking Platform has called on the European Commission to take measures that will end the “dumping” of toxic ships and boost capacity for sustainable ship recycling.

about 1 year ago
Prysmian, N-Sea join efforts to improve submarine cable security under 7-year deal
Business & Finance

Prysmian, N-Sea join efforts to improve submarine cable security under 7-year deal

Italian cabling company Prysmian Group and Dutch integrated subsea solutions service provider N-Sea Group have signed a seven-year framework agreement for rapid response maintenance and repair of submarine cables. The collaboration targets enhanced energy security, bolstering the resilience of subma

about 1 year ago
Abaxx; LNG carrier
Business & Finance

LNG cargo export indexed to Singaporean firm’s futures for the ‘first time’

A liquefied natural gas (LNG) cargo has been indexed to the LNG futures of Abaxx Commodity Exchange and Clearinghouse, owned by Abaxx Singapore, whose majority shareholder is financial software and market infrastructure company Abaxx Technologies, in what the firm says is the first over-the-counter

about 1 year ago
An offshore platform
Business Developments & Projects

Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio

U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT).

about 1 year ago
Panama
Authorities & Government

Panama to incentivize low-emission shipping with new priority passage program

The Panama Canal Authority (ACP) has unveiled a new initiative that prioritizes vessels running on low-carbon fuels and ships fitted with energy-efficient technologies, aiming to ‘fortify’ its own as well as global shipping decarbonization goals. Dubbed the NetZero Slot, this initiative represents w

about 1 year ago
DNV
Certification & Classification

MARIC’s new ammonia-ready bulker wins DNV AiP

Norwegian classification society DNV has awarded approval in principle (AiP) to China’s shipbuilding R&D institute Marine Design and Research Institute of China (MARIC) for its new wide beam ammonia-ready Kamsarmax bulk carrier.

about 1 year ago
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