The Effective Lifetime Extension in the Marine Environment for Tidal Energy (ELEMENT) project has created an intelligent control system within a tidal energy turbine that could potentially reduce costs by over 17.7%. The ELEMENT project of eleven partners, including tidal energy developers Nova Inno
Italian shipping company Manisa Chartering has entered into a contract with China State Shipbuilding Corporation’s Guangxi Shipbuilding and Offshore Engineering for the construction of up to eight 8,500-ton general cargo ships. This deal represents the most significant export order for shipbuilding
Norwegian shipowner Knutsen Group has taken delivery of a newbuild LNG carrier that will go on a charter with Poland’s PGNiG Supply & Trading, a part of ORLEN Group. The vessel named Saint Barbara is the third in a series of six vessels that will be chartered to the Polish company, following Lech Ka
ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has secured financing for its first two new-build jack-up rigs, set to work for Saudi Aramco. ARO has entered into a $359 million term loan with a syndicate of local Saudi Arabian banks to finance the deliveries. The proceeds will
French containment specialist GTT and Finnish firm Deltamarin have obtained approval in principle (AiP) for the design of a liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC) from classification society Lloyd’s Register (LR).
Wind propulsion specialist Airseas announced that its latest sea trials have revealed projected fuel and emissions reductions of 16% based on a normalized transatlantic voyage. The projections are based on traction data collected during the validation of automated dynamic flights of the Seawing, whe
In the maritime sector, the quest for cleaner, more efficient practices has given rise to the electrification of ports and container handling equipment. Why, you might ask? The answer is clear, for electrification offers a trifecta of advantages that places it at the forefront of a green revolution:
Texas-based oil and gas services company Trendsetter Engineering has completed the delivery of subsea equipment for Woodside Energy’s field in the Gulf of Mexico, recently brought on stream. Under the contract secured in 2021, the Houston-headquartered company delivered two subsea manifolds, two hig
UK’s clean technology company Silverstream Technologies and German marine engine designer MAN Energy Solutions (MAN ES) have signed a collaboration agreement to support the decarbonization of the global shipping industry.
PGE Polska Grupa Energetyczna and GE have signed an agreement for the development of a project aimed at testing the production of green hydrogen using a GE offshore wind turbine. In the planned project, hydrogen would be produced in an electrolyzer using electricity generated from the latest GE wind
TÜV SÜD has been officially recognized as a certification body for CertifHy, the nongovernmental certification scheme for promoting certified proof of origin for hydrogen throughout Europe. TÜV SÜD has been a member of the CertifHy consortium from its inception in 2014/2015 and is said to have contr
The global fleet of 100,000-120,000 container handling equipment (CHE) is responsible for 10-15 million tonnes of carbon dioxide per annum, the equivalent of the annual emissions of Slovenia in 2020. Electrification of port operations through battery-electric CHE holds the key to a net zero future,
Chinese shipbuilder Hudong-Zhonghua has kicked off construction of a new LNG carrier for COSCO Shipping Energy and PetroChina, part of China National Petroleum Corporation (CNPC).
The International Marine Contractors Association (IMCA) has issued a new Code of Practice with the aim of improving subsea power cable installation in offshore wind by preventing cable failure and thus enabling savings for the offshore wind industry. The Code of Practice for Offshore Cable Laying in
