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Next-gen FPSO hull design concept gets ABS approval
Business & Finance

Next-gen FPSO hull design concept gets ABS approval

Classification society American Bureau of Shipping (ABS) has given approval in principle (AIP) for a next-generation FPSO hull design concept. The AIP was granted for the Sterling Streamline next-generation concept design for large FPSO newbuild hulls from Shapoorji Pallonji Energy (SPE). The design

about 2 years ago
NAVTOR
Business & Finance

NAVTOR, Voyager Worldwide merge to advance maritime tech industry

NAVTOR, a Norway-based e-navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a Singapore-headquartered provider of maritime technology solutions, have agreed to merge in an industry combination.

about 2 years ago
MSC
Infrastructure

MSC names 24,000 TEU giant in Türkiye

MSC Mediterranean Shipping Company, the world’s biggest shipping company, has named MSC Türkiye, one of the world’s largest and most fuel-efficient containerships by design to date.

about 2 years ago
Anemoi
Business Developments & Projects

Vale to retrofit large ore carrier with Anemoi rotor sails

Brazilian mining giant Vale has decided to install five rotor sails from Anemoi Marine Technologies, the UK-based supplier of wind-assisted propulsion technology, onboard a 400,000 dwt Valemax.

about 2 years ago
Van Oord wins export cable work on Taiwan’s new offshore wind farm
Business & Finance

Van Oord wins export cable work on Taiwan’s new offshore wind farm

Van Oord has been awarded contracts for Baltic Power offshore wind farm in Poland and Greater Changhua 2b and 4 offshore wind farm in Taiwan valued at more than €500 million. For the Baltic Power offshore wind project in the Polish Baltic Sea, Van Oord will transport and install 78 foundations, incl

about 2 years ago
TGE pressing on with construction of third LNG tank at Świnoujście
Business Developments & Projects

TGE pressing on with construction of third LNG tank at Świnoujście

TGE Gas Engineering, an EPC contractor for the storage and handling of liquefied gases, is advancing the construction of the third LNG tank as part of the expansion project of the LNG terminal in Świnoujście, Poland. TGE Gas is building the LNG tank in consortium with Polish construction company POR

about 2 years ago
Njord
Business & Finance

Njord to install energy-saving tech on another Greenheart vessel

Njord and Greenheart, a subsidiary of Hayfin Capital Management, have added an extra vessel to their partnership.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Authorities & Government

Report: Fossil fuel age not running out of gas, as production ramp-up undermines net-zero transition

A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.

about 2 years ago
New clean hydrogen partnership to promote electrolyzers
Business & Finance

New clean hydrogen partnership to promote electrolyzers

U.S. Plug Power, South Korean SK E&S and K-water as well as SK Plug Hyverse, a joint venture between SK E&S and Plug Power, have signed a memorandum of understanding (MoU) to “promote the growth of green hydrogen and rejuvenate the industry.” Specifically, the companies will collaborate on advancing

about 2 years ago
Illustration/DEEC-Tec-based wave energy system (Courtesy of US DOE)
Business Developments & Projects

US DOE picks first round winners for novel wave energy technologies prize

The U.S. Department of Energy (DOE) has unveiled the winners of the first round of the Innovating Distributed Embedded Energy Prize (InDEEP), that will share $285,000 in cash prizes to further advance their novel wave energy concepts.

about 2 years ago
Auramarine
Business Developments & Projects

THB Verhoef becomes distributor of Auramarine fuel efficiency solution

Finland-based fuel supply systems provider Auramarine has entered into a representative agreement with the Dutch company THB Verhoef, a Dutch company specializing in the purchase and sale of diesel and gas engine components.

about 2 years ago
Illustration; Source: Australian Energy Producers (former APPEA)
Authorities & Government

Australia’s oil & gas industry calls for fix of offshore regulatory approval ‘chaos’ as wait times increase

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has called on the Commonwealth to “urgently fix” – what it deems as – the broken offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval

about 2 years ago
Updated converter station plan for UK-France interconnector gets OK
Authorities & Government

Updated converter station plan for UK-France interconnector gets OK

The FAB interconnector that will link Great Britain and France has received updated planning permission for its converter station in the UK. The FAB Project will link the national electricity grids of Great Britain and France with the aim of increasing energy security, equalising electricity prices

about 2 years ago
Marine Energy Wales and Renewable UK Cymru sign MoU (Courtesy of Marine Energy Wales)
Business Developments & Projects

Welsh renewables organizations strengthen ties

Marine Energy Wales and Renewable UK Cymru have signed a memorandum of understanding, outlining their commitment to work together to accelerate the clean transition in Wales.

about 2 years ago
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