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IHI and Yara forge clean ammonia ties
Business Developments & Projects

IHI and Yara forge clean ammonia ties

IHI Corporation and Yara Clean Ammonia have concluded an MoU to jointly assess potential collaboration in the clean ammonia value chain.

about 2 years ago
BV
Market Outlooks

Op-ed: Sailing towards sustainability

Aude Leblanc, Technology Leader – Sustainable Shipping at Bureau Veritas Marine & Offshore (BV), delves into the dynamic landscape of wind propulsion for shipping and the intricate considerations surrounding its integration into vessel designs.

about 2 years ago
Illustration; Source: Energy Industries Council (EIC)
Business & Finance

Widening chasm between reality and ambitions endangers net zero targets

The rift between the current energy landscape and greener desires continues to expand, putting global net zero targets in peril.

about 2 years ago
Green light for world’s first ammonia bunkering terminal
Authorities & Government

Green light for world’s first ammonia bunkering terminal

The Norwegian Directorate for Civil Protection has given its approval for the construction of an ammonia bunkering facility at Fjord Base in Florø.

about 2 years ago
Ørsted nets up to $100 million in federal funding for e-methanol plant in Texas
Business & Finance

Ørsted nets up to $100 million in federal funding for e-methanol plant in Texas

Ørsted was selected by the U.S. DOE to receive up to $100 million in federal funding to construct its e-methanol facility in Texas.

about 2 years ago
Swedish energy-tech company SeaTwirl and UK-based energy management and energy storage firm Verlume have inked a memorandum of understanding (MoU) to collaborate on the electrification of offshore ass
Business & Finance

SeaTwirl and Verlume join forces to drive decarbonization of offshore assets

Swedish energy-tech company SeaTwirl and UK-based energy management and energy storage firm Verlume have inked a memorandum of understanding (MoU) to collaborate on the electrification of offshore assets and decarbonization of the oil and gas industry. The MoU will see the two companies identify and

about 2 years ago
IMO
Authorities & Government

IMO MEPC 81: The clock is ticking for fossil fuel era in shipping

IMO MEPC 81 has agreed on an illustration of a possible draft outline of an “IMO net-zero framework” for cutting greenhouse gas emissions (GHG) from international shipping.

about 2 years ago
Illustration; Source: QatarEnergy
Business & Finance

QatarEnergy and Nakilat firm up time-charter deal for 25 vessels under ‘historic LNG shipping program’

QatarEnergy has signed multi-year time-charter party agreements with Nakilat for operating 25 LNG vessels as part of its historic extension.

about 2 years ago
Svitzer plans to install MAN ES’ methanol-fueled engine on newbuild tug
Business Developments & Projects

Svitzer plans to install MAN ES’ methanol-fueled engine on newbuild tug

MAN ES signed an MoU with Svitzer for the development of a methanol-fueled version of the MAN 175D engine, targeting its installation on board one of Svitzer’s newbuild tugs.

about 2 years ago
New research project for wind-powered ships KSP WIND kicks off
Business Developments & Projects

New research project for wind-powered ships KSP WIND kicks off

Norwegian research organization SINTEF Ocean has launched the KSP WIND project dedicated to wind propulsion for merchant ships.

about 2 years ago
FPSO Energean Power; Source: Energean
Business & Finance

Energean awaits 30-year production license ahead of sanctioning phased gas development offshore Israel

Energean is looking forward to receiving a 30-year production license soon for an area where a string of gas discoveries was made in 2022.

about 2 years ago
Producer of equipment for the farming industry, AKVA Group, has established a partnership with a Norwegian floating solar company Inseanergy, to use floating solar energy to operate fish farming opera
Business & Finance

AKVA Group and Inseanergy eye floating solar energy for Chilean aquaculture

Producer of equipment for the farming industry, AKVA Group, has established a partnership with Norwegian floating solar company Inseanergy to use floating solar energy to operate fish farming operations in Chile. According to AKVA Group, the partnership focuses on the shift from fossil fuels to sola

about 2 years ago
FuelEU
Automation

First publicly available FuelEU Maritime calculator is here

The first publicly available FuelEU Maritime calculator has been released by zero44, a Germany-based provider of digital CO2 management solutions, to help prepare shipowners for costs associated with the upcoming FuelEU Maritime regulation.

about 2 years ago
Provaris: Fabrication of ‘world’s first’ prototype compressed hydrogen tank begins in Norway
Business Developments & Projects

Provaris: Fabrication of ‘world’s first’ prototype compressed hydrogen tank begins in Norway

Following the completion of all pre-production activities, Provaris Energy has initiated the fabrication of the H2Neo prototype tank in Norway.

about 2 years ago
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