Swiss commodity trading group Trafigura has made an agreement with compatriot H2 Energy Holding founders to increase its shareholding in H2 Energy Europe to become majority owners, with the founders retaining minority ownership. In addition, Trafigura said the company retains its support for and min
New poll shows the majority of British people are in favor of hastening the UK’s net-zero aspirations, thus, more green policies are seen as a safe bet for winning incoming elections.
A shortage of repair yards with experience in conversions may hinder the take up of alternative fuel technology by the existing fleet, according to the findings from LR’s new Engine Retrofit Report. The report has identified that retrofitting a significant number of the 9,000 and 12,900 large mercha
The Interreg 2 Seas-funded ENCORE project has reached its formal closure after three years, having ‘successfully propelled’ four innovative tidal energy, offshore solar and wave energy technology solutions.
Oceaneering International has secured a contract from Brazilian state-owned oil and gas giant Petrobras for the operation of drill pipe riser (DPR) systems in Brazil. Oceaneering’s wholly owned subsidiary Marine Production Systems do Brasil Ltda. won a five-year contract with Petrobras for the opera
German engine manufacturer MAN Energy Solutions (MAN ES) has selected Spire Global, a provider of space-based data, analytics and space services, to supply weather data and real-time automatic identification system (AIS) vessel-tracking data.
Classification society RINA has announced the start of the six-year research Hydra project, which by 2025, aims to create a 100% hydrogen-fueled pilot plant capable of producing up to seven tons of steel per hour, with a significant reduction in carbon emissions. The €88 million Hydra initiative is
The European Commission will not extend the EU legal framework exempting liner shipping consortia from EU antitrust rules, known as the Consortia Block Exemption Regulation (CBER). This decision comes after a review process initiated in August 2022, with the CBER set to expire on April 25, 2024. The
Six new hybrid cranes have arrived at Hutchison Ports’ BEST terminal as part of the company’s ongoing decarbonization efforts.
French company Sabella has broken the power production record with its D10 tidal energy turbine, generating over 25% of the total electricity consumed on Ushant Island by harnessing the energy of the tides.
Greek ballast water treatment specialist ERMA FIRST has won Lloyd’s Register’s Approval in Principle (AiP) for its amine absorption-based carbon capture & storage (CCS) system. The system uses absorption technology to mix carbon dioxide (CO2) flue gases with a proprietary amine solvent, which is the
Reach Subsea has secured a contract with SSEN Transmission to carry out a survey for an HVDC transmission link offshore Scotland. The contract constitutes a detailed corridor survey for the Spittal to Peterhead HVDC power cable. The data will be used for detailed engineering and environmental assess
Lomar, a maritime subsidiary of global business group Libra Group, has revealed its collaboration with tech provider Alicia Bots to integrate robotic hull inspection and grooming solutions into its biofouling control practices.
Former semi-submersible drilling rig, which was turned into an FPF, is going to be decommissioned at the UK’s Kishorn Port (KPL).
