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Institutes from Korea and Sweden ink maritime research collaboration deal
Business Developments & Projects

Institutes from Korea and Sweden ink maritime research collaboration deal

Korea Research Institute of Ships & Ocean Engineering (KRISO) and Research Institutes of Sweden (RISE) have signed a memorandum of understanding (MoU) on cooperation in the maritime research area.

about 1 year ago
DNV: Energy-saving technologies crucial to reduce maritime emissions until carbon-neutral fuels become viable
Certification & Classification

DNV: Energy-saving technologies crucial to reduce maritime emissions until carbon-neutral fuels become viable

Faced with challenges such as short supplies of carbon-neutral fuels, the shipping industry needs to explore every option for reducing fuel consumption in order to reach the 2030 decarbonization goal of 20% emissions reductions set by the International Maritime Organization (IMO), Norwegian classifi

about 1 year ago
CTV Skandi Hercules; Source: DOF
Business & Finance

DOF lines up another assignment in Asia Pacific thanks to decom gig for 2010-built vessel

DOF Group has won a new subsea deal in the Asia Pacific (APAC) region for one of its multi-purpose subsea vessels with construction support vessel (CSV) features.

about 1 year ago
Wan Hai Lines
Vessels

Wan Hai Lines christens new eco-friendly 13,100 TEU newbuilding

Taiwanese shipping company Wan Hai Lines has held a naming ceremony for its newest containership, the WAN HAI A17, at Samsung Heavy Industries Geoje shipyard. The vessel was named in a ceremony officiated by Wan Hai Lines chairman Po-Ting Chen and S.A. Choi, vice chairman & CEO of Samsung Heavy Indu

about 1 year ago
Compressed hydrogen is energy-efficient supply chain, Provaris’ study says
Business Developments & Projects

Compressed hydrogen is energy-efficient supply chain, Provaris’ study says

Provaris Energy has completed a concept design study that, according to the company, reaffirms the low energy use and low capital of its compressed hydrogen supply chain for regional marine transport of hydrogen in gaseous form.

about 1 year ago
FPSO Western Isles; Source: Jersey Oil & Gas
Authorities & Government

Delay on the cards for first oil from flagship North Sea project, as operator puts the brakes on investment activity while uncertainty permeates UK’s fossil fuels arena

NEO Energy has decided to slow down investment plans across its portfolio. As a result, the start-up timeline for the firm’s oil redevelopment project in the North Sea may be postponed.

about 1 year ago
Shell-chartered Progress wraps up first LNG bunkering operation
Ports & Logistics

Shell-chartered Progress wraps up first LNG bunkering operation

Progress, a liquefied natural gas (LNG) bunker barge chartered by energy major Shell, has completed its first bunkering operation with containership Zim Mount Vinson, owned by Israeli international cargo shipping company ZIM.

about 1 year ago
MOL’s LNG-powered car carrier obtains ‘world’s first’ notation for safe EV transportation
Business Developments & Projects

MOL’s LNG-powered car carrier obtains ‘world’s first’ notation for safe EV transportation

LNG-fueled car carrier Cerulean Ace operated by Japanese shipping major Mitsui O.S.K. Lines (MOL) has received Additional Fire-Fighting Measures for Vehicle Carrier (AFVC) certification from classification society ClassNK for its voluntary measures to prevent onboard fires during the transport of el

about 1 year ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Business & Finance

Eco Wave Power and Shell advance wave energy project at Port of Los Angeles

Eco Wave Power has received a green light from the Port of Los Angeles for the engineering plans of the wave energy project the company is developing in partnership with Shell International Exploration and Production, as well as for other documents submitted. The Port of Los Angeles and AltaSea at t

about 1 year ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd taps Gasum for waste-based bio-LNG supply in line with ZEMBA tender

After winning the first tender by Zero Emission Maritime Buyers Alliance (ZEMBA), Germany’s container shipping major Hapag-Lloyd has selected Nordic energy company Gasum to deliver waste-based liquefied biomethane (bio-LNG) to its vessels during the two-year tender period. On April 16, 2024, ZEMBA,

about 1 year ago
Tyne Renewable Quay 11.7ha development site is part of the Tyne Clean Energy Park; Source: Port of Tyne
Business & Finance

Step forward taken to build ‘world’s largest’ multimillion-dollar HVDC subsea cable factory in UK

A new head of terms has been inked for an option on a lease at the Port of Tyne near Newcastle on the River Tyne in North East England to move forward with the development of what is envisioned to become the world’s largest HVDC subsea cable factory.

about 1 year ago
OceanOpt
Collaboration

OceanOpt and DNV Veracity team up for ‘improved’ maritime emissions management

OceanOpt, a provider of emissions management solutions, has partnered up with DNV Veracity, the data platform from independent assurance and risk management company, DNV, to ‘simplify’ emissions reporting and compliance with the European Union Emissions Trading System (EU ETS) for shipping companies

about 1 year ago
AtoB@C Shipping names second electric hybrid vessel (Gallery)
Vessels

AtoB@C Shipping names second electric hybrid vessel (Gallery)

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, christened its second plug-in hybrid vessel Stellamar in Ystad on August 30, 2024.

about 1 year ago
Illustration; Source: Yinson
Business & Finance

Yinson sheds one of five spin-offs to home in on FPSO and energy transition business arenas

Yinson, which currently invests in five business units, has set the wheels in motion to part with the last affiliate on this list, which offers integrated offshore support vessel services.

about 1 year ago
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