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Port of Hamburg
Authorities & Government

European Commission’s €4 billion Innovation Fund call for proposals expands to include maritime sector

The European Commission has announced the opening of the Innovation Fund’s 2023 call for proposals, boasting a historic budget of €4 billion. The significant financial injection aims to accelerate the deployment of cutting-edge decarbonization technologies, and the funds for this initiative are sour

about 2 years ago
Green Marine Europe
Business Developments & Projects

Financial engineering firm joins Green Marine Europe

Fimar, a French company specializing in the arrangement and financing of merchant vessels, is joining the ranks of the partners of the environmental certification program Green Marine Europe.

about 2 years ago
Stena Forth drillship; Source: Stena Drilling
Business & Finance

Shell finds gas in Mediterranean Sea with Stena drillship

Shell Egypt, a subsidiary of oil major Shell, has made a new gas discovery in an offshore block located in Egypt’s Mediterranean Sea.

about 2 years ago
The Surewave floating solar concept at MARIN (Courtesy of the Surewave project)
Business Developments & Projects

Surewave project consortium tests offshore floating solar model

The consortium of the EU-funded Surewave project has performed wave tank tests of the floating solar concept at the Maritime Research Institute Netherlands (MARIN).

about 2 years ago
MOL
Business Developments & Projects

MOL: Onboard microplastic collection device gets ClassNK innovation certificate

Japanese classification society ClassNK has endorsed a cyclone-type microplastic device co-developed by shipping company Mitsui O.S.K. Lines (MOL) and machinery industry company Miura.

about 2 years ago
Swedish electrolyzer manufacturer steps into Chinese market
Business & Finance

Swedish electrolyzer manufacturer steps into Chinese market

Swedish manufacturer of energy systems for green hydrogen production Metacon has entered into a memorandum of understanding (MoU) with Chinese company PERIC Hydrogen Technologies to establish a strategic partnership for the production and sale of Metacon’s electrolyzers on the Chinese market. The Mo

about 2 years ago
Illustration; Source: Hellenic Cables
Business & Finance

Hellenic Cables hired for high-voltage interconnection project fortifying Sweden-Denmark energy ties

Hellenic Cables has tucked under its belt a new contract with Energinet, which will enable it to deliver high-voltage cables for an electrical interconnection project.

about 2 years ago
Germany awards funding for Cargill-chartered all-electric, wind-assisted ships
Business & Finance

Germany awards funding for Cargill-chartered all-electric, wind-assisted ships

German Government has awarded a subsidy for fully electric, wind-assisted Damen Combi Freighter (CF) 3850 vessels being built for German joint venture Gerdes Green, which will be chartered by Swiss freight trader Cargill.

about 2 years ago
ARENA allocates $1.3 million for renewable hydrogen study in WA
Authorities & Government

ARENA allocates $1.3 million for renewable hydrogen study in WA

On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) is providing $1.3 million to the energy infrastructure business APA Group and the chemical manufacturing company Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) for the $3.5 million ‘Parmelia Green Hydrogen

about 2 years ago
Proman Stena Bulk
Business Developments & Projects

Proman Stena Bulk names final methanol-powered MR tanker duo

Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proman, has christened Stena Provident and Stena Progressive, the final two vessels in its initial six-strong methanol-fuelled tanker fleet. The two 49,900 DWT tankers were named at a ceremony held on November 23 at Guangz

about 2 years ago
Hafnia
Business Developments & Projects

Hafnia picks Wärtsilä propulsion efficiency systems for ten tankers

Finnish technology group Wärtsilä has been selected to supply its propulsion efficiency solutions for ten Bird Class oil and chemical tankers owned by Hafnia, a Singapore-based tanker operator.

about 2 years ago
Balticconnector; Source: European Commission
Business & Finance

Following incident, Balticconnector pipeline capacity getting a boost to strengthen regional gas system

Gasgrid and Elering have revealed an increase in the technical capacity of the Balticconnector interconnection point.

about 2 years ago
Braveheart Spirit vessel; Source: N-Sea
Business & Finance

N-Sea bolsters its subsea offering by prolonging charter deal for 2010-built vessel

N-Sea has extended its long-term charter agreement for a 73.2-meter-long and 16.5-meter-wide DP2 survey vessel.

about 2 years ago
Hydromover
Business Developments & Projects

Singapore’s 1st fully electric cargo vessel, the Hydromover, hits the water

The Goal Zero Consortium, comprising companies such as SeaTech Solutions International (S), Shift Clean Energy, and Yinson GreenTech, has launched Singapore’s first fully electric cargo vessel, the Hydromover. The milestone launch was revealed by the CEO of the Maritime and Port Authority (MPA) of S

about 2 years ago
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