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HMM to collaborate with SIPG on clean marine fuel supply
Business & Finance

HMM to collaborate with SIPG on clean marine fuel supply

HMM and Shanghai International Port Group (SIPG) have inked an MoU to collaborate on clean marine fuel supply, specifically methanol and LNG.

about 2 years ago
Tyra II; Source: TotalEnergies
Business & Finance

First gas supplies from TotalEnergies’ mega North Sea project reach Denmark

The first gas supplies exported by the Tyra hub have reached the onshore facilities in Nybro, Denmark, to be distributed to the consumers.

about 2 years ago
Thai national oil & gas company sets another CCS deal into motion
Business & Finance

Thai national oil & gas company sets another CCS deal into motion

Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) and Thai public university Kasetsart University have signed a memorandum of understanding (MoU) focused on carbon capture and storage (CCS) technology, among other things. The collaboration aims to carry out research stud

about 2 years ago
Wind
Authorities & Government

‘Groundbreaking’ wind propulsion pact signed in France to decarbonize maritime sector

The French government and maritime stakeholders have signed a ‘groundbreaking’ pact for wind-assisted ship propulsion, a promising technology that has the potential to decarbonize the shipping industry.

about 2 years ago
Sea Cargo Charter expands scope to boost shipping’s decarbonization
Environment

Sea Cargo Charter expands scope to boost shipping’s decarbonization

The Sea Cargo Charter (SCC), a global framework for aligning chartering activities with responsible environmental behavior to promote international shipping’s decarbonization, is expanding its scope four years after its inception to accelerate shipping’s decarbonization.

about 2 years ago
Yara Clean Ammonia appoints new CEO to spearhead ‘rapidly growing’ business
Business & Finance

Yara Clean Ammonia appoints new CEO to spearhead ‘rapidly growing’ business

Oslo-headquartered Yara Clean Ammonia has appointed Hans Olav Raen as the new Chief Executive Officer (CEO), effective May 1, 2024.

about 2 years ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Authorities & Government

Eco Wave Power’s ‘significant milestones’ keep optimism for future energy project opportunities alive

Eco Wave Power is among the companies that felt the impact of the unpredictability surrounding the economy in 2023.

about 2 years ago
Amogy and ITOCHU ally on use of ammonia system on maritime vessels
Business Developments & Projects

Amogy and ITOCHU ally on use of ammonia system on maritime vessels

Amogy has signed a memorandum of understanding (MoU) with ITOCHU Corporation to explore the potential application of Amogy’s technology on ITOCHU’s maritime vessels.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business & Finance

Dana Petroleum joins Shell and Deltic as partner in North Sea asset

Deltic Energy has wrapped up the sale of a partial stake in a Shell-operated license, containing a prospect, which will be drilled this summer.

about 2 years ago
Dyna-Mac's yard in Singapore; Source: Dyna-Mac
Business & Finance

Singapore player cheers ‘largest-ever contract win’ in its history

Singapore-based offshore builder Dyna-Mac has tucked a mega contract award under its belt for the construction of process modules.

about 2 years ago
Deal signed for new hydrogen industry cluster in South Korea
Authorities & Government

Deal signed for new hydrogen industry cluster in South Korea

South Korean province Jeollanam-do has signed an investment memorandum of understanding (MoU) with five companies to create a hydrogen industry cluster in Myodo, Yeosu.

about 2 years ago
ABS
Business Developments & Projects

ABS gives ‘industry 1st’ approval to ECOLOG for operation of LCO2 carriers

Classification society the American Bureau of Shipping (ABS) has awarded ECOLOG, a Greek mid-stream carbon capture, utilization and sequestration (CCUS) service provider, with an industry first ISM Document of Compliance for the operation of liquified CO2 carriers on behalf of the Bermuda flag admin

about 2 years ago
West Libra & West Aquila drillships; Source: Northern Drilling
Authorities & Government

Pursuit of appeal for arbitration ruling regarding two canceled drillships hits a wall

Northern Drilling is contemplating its next steps after its attempts to appeal the court’s arbitration ruling related to canceled orders for two drillships with a South Korean shipbuilder came to naught.

about 2 years ago
KFW IPEX-Bank
Business & Finance

KfW IPEX-Bank funds C. Armateurs’ eco-friendly bulkers

Germany’s KfW IPEX-Bank has decided to support the fleet modernization of Switzerland-based shipping group C. Armateurs, part of the Cobelfret group, with a financing of €42 million.

about 2 years ago
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