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Two men holding a commemorative plaque
Business Developments & Projects

Singapore inks another deal with Asian partner in quest to become regional LNG hub

Singapore’s Energy Market Authority (EMA) has signed a memorandum of understanding (MoU) with PetroChina International, the trading arm of PetroChina, to collaborate on strengthening the island country’s supply and management skills in the liquefied natural gas (LNG) arena.

about 1 year ago
TNPA looking to trial green fuels on tugboat fleet
Business Developments & Projects

TNPA looking to trial green fuels on tugboat fleet

South Africa’s Transnet National Ports Authority (TNPA) has issued a request for information (RFI) for a strategic pilot project to use green and cleaner fuels for its diesel-operated tugboat fleet. According to TNPA, this pilot project seeks to retrofit existing tugboats to utilize alternative fuel

about 1 year ago
Konecranes
Environment

Konecranes expands sustainability commitments with new SBTi net-zero targets

Finland’s crane manufacturer Konecranes has unveiled that it will set net-zero group emission reduction targets aligned with the Science Based Targets initiative (SBTi) net-zero standard, complementing its existing near-term target of halving its operational and value chain emissions by 2030. This l

about 1 year ago
Hellenic Cables gets turnkey contract for project aimed at improving energy reliability of Greek islands
Authorities & Government

Hellenic Cables gets turnkey contract for project aimed at improving energy reliability of Greek islands

Greece’s Hellenic Cables has secured a turnkey contract with Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) for the submarine interconnection of the Ionian islands. Under the contract, Cenergy Holdings’ cable segment is in charge of the design, supply, and in

about 1 year ago
Wallenius Wilhelmsen
Infrastructure

Wallenius Wilhelmsen orders two more future fuels-ready 11,700 CEU Shaper class PCTCs

Norwegian shipping and logistics company Wallenius Wilhelmsen has exercised an option for two additional 11,700 CEU methanol dual-fuel Shaper class pure car and truck carriers (PCTCs) to be built in China.

about 1 year ago
ExxonMobil
Vessels

ExxonMobil supplies Hapag-Lloyd’s Colorado Express with B25 biofuel blend in Antwerp

American multinational oil and gas corporation ExxonMobil has supplied Hapag Lloyd’s containership Colorado Express with a B25 bio marine fuel blend in Antwerp.

about 1 year ago
EBDG partners with Centerline to bring methanol-fueled power barge into operation
Business Developments & Projects

EBDG partners with Centerline to bring methanol-fueled power barge into operation

The U.S. marine transportation company Centerline Logistics and compatriot naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) have formed an exclusive partnership for the construction and deployment of a series of barge-based clean power solutions for ports lacking conven

about 1 year ago
Ursula von der Leyen, President of the European Commission; Image credit: World Economic Forum
Authorities & Government

Von der Leyen: Investment in European hydrogen to grow by 140% in 2024

Investment in European hydrogen is set to grow by 140% in 2024, according to European Commission President Ursula von der Leyen.

about 1 year ago
ExxonMobil buys FPSO working off Guyana for $1.23 billion
Business & Finance

ExxonMobil buys FPSO working off Guyana for $1.23 billion

U.S.-headquartered ExxonMobil has closed the purchase of a floating production, storage, and offloading (FPSO) vessel working in Guyana from SBM Offshore, while the Dutch FPSO operator will continue operating and maintaining the vessel. ExxonMobil Guyana Ltd. and BM Offshore completed the transactio

about 1 year ago
A large vessel at sea
Business & Finance

Four LNG carriers for QatarEnergy’s expanding fleet named in South Korea

Qatar’s state-owned energy giant QatarEnergy has inaugurated four new liquefied natural gas (LNG) vessels built at the Samsung Heavy Industries (SHI) and Hanwha Ocean shipyards in South Korea.

about 1 year ago
Madoqua and partners unveil plans for Portugal-Netherlands-Germany green fuels corridor
Business Developments & Projects

Madoqua and partners unveil plans for Portugal-Netherlands-Germany green fuels corridor

Dutch-Portuguese project development company Madoqua has signed a memorandum of understanding (MoU) with Port of Sines, Port of Rotterdam, and duisport to establish a green fuels corridor connecting Portugal with the Netherlands and Germany. Backed by the Portuguese government, the parties signed th

about 1 year ago
M4 wave energy converter deployed in King George Sound, Albany.
Business Developments & Projects

Australian wave energy device begins data transmission in King George Sound (Video)

The University of Western Australia’s (UWA) Moored MultiModal Multibody (M4) wave energy converter (WEC) has been deployed in King George Sound, Albany. The device already started transmitting performance data as it begins the six-month test phase. According to the Blue Economy Cooperative Research

about 1 year ago
K Line
Vessels

K Line’s subsidiary inks agreement with KHI to build electric tugboat

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has unveiled that its subsidiary Daito Corporation signed a collaboration agreement regarding the construction of an electric tugboat with compatriot Kawasaki Heavy Industries (KHI) and Daizo Corporation.

about 1 year ago
Wilson Sons calculates GHG reduction of up to 55% from Santa Clara terminal cargo operations
Business Developments & Projects

Wilson Sons calculates GHG reduction of up to 55% from Santa Clara terminal cargo operations

Brazilian port and maritime logistics operator Wilson Sons has calculated greenhouse gases (GHG) from cargo handled at the Santa Clara waterway terminal, located in Triunfo, Brazil, and concluded that 55% less GHG emissions are produced on the waterway compared to road transportation.

about 1 year ago
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