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Lhyfe secures €14 million grant to build its first hydrogen plant in Spain
Business & Finance

Lhyfe secures €14 million grant to build its first hydrogen plant in Spain

French hydrogen producer Lhyfe has been awarded a grant of up to €14 million to develop its first green hydrogen production plant in Spain. The grant was awarded H2 Pioneros, a funding call created in Spain to support initiatives in renewable energy, green hydrogen, and energy storage. Lhyfe’s proje

about 2 years ago
ONE
Business Developments & Projects

ONE to test containerized wind assist devices

Singapore-based shipping company Ocean Network Express (ONE) has launched a new trial aimed at unlocking the potential of wind propulsion as a sustainable solution for the maritime industry.

about 2 years ago
JERA and Yamanashi Prefecture to build regional hydrogen value chain
Authorities & Government

JERA and Yamanashi Prefecture to build regional hydrogen value chain

Japan’s energy major JERA and Yamanashi Prefecture have agreed to jointly promote building a regional hydrogen value chain that achieves a stable, cost-effective production and supply of both carbon-free power and hydrogen-based fuel by combining their respective strengths, Yamanashi Prefecture’s po

about 2 years ago
Saltend Chemicals Park; Source: Xodus
Business & Finance

‘Herculean effort’ needed to unleash CCUS at scale, but repurposing North Sea oil & gas infrastructure offers a boon for Europe

Xodus has unveiled a new whitepaper, which was produced in partnership with Subsea7 and designed as a tool for assessing the relative cost efficiency of carbon capture, utilization, and storage (CCUS) projects and the timeline for their viability.

about 2 years ago
Everfuel: HySynergy 1 on track for start-up in first quarter of 2024
Business & Finance

Everfuel: HySynergy 1 on track for start-up in first quarter of 2024

Danish green hydrogen company Everfuel is progressing with work to start up its flagship project HySynergy 1 in the first quarter of 2024 and implement a realigned strategy focused on scaling green hydrogen production. On November 22, the company published its third quarter 2023 financial results, s

about 2 years ago
Meyer Werft hands over LNG-powered AIDAnova
Ports & Logistics

Titan bunkers LNG-powered AIDAnova in Hamburg

Dutch bunker supplier Titan has performed a bunkering operation of AIDA Cruises’ AIDAnova for the first time in Hamburg.

about 2 years ago
Euronav
Business & Finance

Frontline completes exit from Euronav as Belgian tanker major opens ‘new chapter’ under Alexander Saverys’ reins

Norwegian tanker major Frontline has completed the sale of its stake in Euronav cementing the acquisition of a fleet of 24 ECO very large crude carriers (VLCCs) from the company and formally becoming the largest pure-play tanker owner in the public domain measured by dwt. The transaction is part of

about 2 years ago
FPSO Egina; Source: TotalEnergies
Authorities & Government

TotalEnergies working with Nigerian authorities to contain pollution in the wake of offshore oil spill

TotalEnergies has joined forces with several Nigerian organizations, including the Nigerian Maritime Administration and Safety Agency (NIMASA), to address and manage the potential impacts of a crude oil spill that took place during loading operations at a field in the OML 130 production license offs

about 2 years ago
Türkiye Petrolleri A.O. (TPAO)
Authorities & Government

While pursuing more renewable power, Türkiye boosts gas production with new Black Sea platform

Türkiye believes that more oil and natural gas, especially LNG, go hand in hand with decarbonization and the buildout of green energy.

about 2 years ago
Amprion Meyer Werft
Business Developments & Projects

Meyer Werft steps into offshore wind market with new steel construction deal

German shipbuilding company Meyer Werft has been awarded its first contract for steel construction work for four of Amprion’s offshore converter platforms.

about 2 years ago
Illustration (Courtesy of EMEC/Copyright Alstom)
Business & Finance

EMEC launches restructuring as it awaits for more favorable tides

The European Marine Energy Centre (EMEC), the world’s first and leading facility for demonstrating and testing wave and tidal energy converters, has started consultations with its staff to restructure the company.

about 2 years ago
nautical charts
Business Developments & Projects

Nautical charts of the future will make shipping safer and more sustainable

The Federal Maritime and Hydrographic Agency (BSH), a central maritime authority in Germany, is developing the next generation of electronic nautical charts in an effort to make shipping safer, more efficient and sustainable.

about 2 years ago
Frugal Technologies
Business & Finance

Emerson invests in Frugal Technologies to cut fuel consumption in shipping

The US-based global automation technology company Emerson has made a strategic investment in Frugal Technologies, a Danish company offering fuel optimization technologies.

about 2 years ago
Chinese shipping giant orders world’s first methanol-powered engine for VLCC
Equipment

Chinese shipping giant orders world’s first methanol-powered engine for VLCC

China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of China Merchants Heavy Industry (CMHI), has ordered a methanol-powered engine that will be installed onboard a very large crude carrier (VLCC).

about 2 years ago
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