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Avikus
Business Developments & Projects

Avikus claims fuel usage, CO2 emissions cuts thanks to autonomous navigation tech

Avikus autonomous navigation is proven to reduce fuel use by as much as 15% and is expected to reduce carbon emissions by 10%, the autonomous navigation in-house startup of South Korean shipbuilding giant HD Hyundai said.

about 2 years ago
New project helps crew members take fuel-saving action more often
Business Developments & Projects

New project helps crew members take fuel-saving action more often

Danish chemical ship-owning and chartering company Christiania Shipping has launched behavior change service Signol in a fuel efficiency project that uses StormGeo data to understand and increase crew members’ fuel-saving behavior.

about 2 years ago
New strategic alliance targets sustainable energy solutions, hydrogen included
Business Developments & Projects

New strategic alliance targets sustainable energy solutions, hydrogen included

Getech and Expro have entered a strategic partnership to propel low-carbon geoenergy projects, including geothermal energy, natural hydrogen and CCS.

about 2 years ago
Oman’s Hydrom and Germany’s VNG looking into green hydrogen value chain
Business & Finance

Oman’s Hydrom and Germany’s VNG looking into green hydrogen value chain

Hydrom and VNG will examine the economic potential of building a green hydrogen and ammonia value chain between Oman and Germany.

about 2 years ago
Illustration (Courtesy of Curtis Rusch; US Department of Energy)
Collaboration

US DOE opens applications for Marine Energy Collegiate Competition

The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has opened applications for the sixth annual Marine Energy Collegiate Competition (MECC). In the 2025 MECC, multidisciplinary teams are tasked with integrating marine energy with blue economy applications like ocean-power

about 2 years ago
Yinson hires Blue Water Shipping for transport of FPSO modules
Business & Finance

Yinson hires Blue Water Shipping for transport of FPSO modules

Owner and operator of floating storage, production and offloading vessels (FPSO) Yinson Production has awarded Blue Water Shipping with a contract for the transport of modules for an FPSO destined for a project offshore Angola. Under the logistics contract, Blue Water’s Floating Productions Systems

about 2 years ago
Illustration; Source: Hanwha Ocean
Business & Finance

South Korean shipbuilder wins $1.8 billion contract for 8 LNG vessels

Korean shipbuilding major Hanwha Ocean has received a construction order for eight LNG vessels from an undisclosed shipowner.

about 2 years ago
EU ETS
Business & Finance

Shipping giants reaping high profits from EU ETS, study shows

Shipping giants are profiteering from the EU Emissions Trading System (EU ETS), the world’s first and largest emissions cap-and-trade system, a new Transport & Environment (T&E) study reveals.

about 2 years ago
Wallenius Wilhelmsen
Vessels

Wallenius Wilhelmsen adds four more methanol dual-fuel optional PCTCs in China

Norwegian shipping and logistic company Wallenius Wilhelmsen has decided to add four optional methanol dual-fuel optional pure car and truck carriers (PCTCs) in China.

about 2 years ago
Seismic interpretation solutions firm Eliis and U.S. headquartered Chevron have agreed to collaborate on the development and commercialization of advanced artificial intelligence (AI) algorithms for s
Business & Finance

Chevron and Eliis collaborate on AI solutions for seismic interpretation

Seismic interpretation solutions firm Eliis and U.S. headquartered Chevron have agreed to collaborate on the development and commercialization of advanced artificial intelligence (AI) algorithms for seismic interpretation, subsurface characterization, and modeling. Leveraging its experience in hydr

about 2 years ago
Doosan Fuel Cell’s SOFC passes world’s first environmental test for maritime applications
Business Developments & Projects

Doosan Fuel Cell’s SOFC passes world’s first environmental test for maritime applications

HyAxiom and Doosan Fuel Cell (DFCC) said that their SOFC cell stack has passed a critical environmental test by DNV.

about 2 years ago
Reach Subsea's first Reach Remote USV sea-launched
Business & Finance

Reach Subsea’s first Reach Remote USV sea-launched

Reach Subsea has sea-launched the first unit of its Reach Remote fleet of uncrewed 24-meter surface vessels (USVs), which will, as the Norwegian company says, “revolutionize offshore subsea operations, aligning with sustainability initiatives”. The first Reach Remote unit was sea-launched on Monday,

about 2 years ago
Woodside closes sale of non-operating interest in in Australian gas field
Business & Finance

Woodside closes sale of non-operating interest in Australian gas field

Australian energy giant Woodside has completed the sale of a 10% non-operating interest in the Scarborough Joint Venture, comprising the Scarborough gas field and associated offshore and subsea infrastructure, to LJ Scarborough, a subsidiary of LNG Japan, which is a joint venture between Sumitomo Co

about 2 years ago
Fincantieri, Eni and Rina to develop joint initiatives for maritime decarbonization
Collaboration

Fincantieri, Eni and Rina to develop joint initiatives for maritime decarbonization

Italian shipbuilding major Fincantieri, classification society RINA and energy major Eni have signed an agreement to develop joint initiatives in the field of maritime transport decarbonization.

about 2 years ago
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