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Business Developments & Projects

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Massive LNG-fueled bulker begins voyage with its first cargo for Anglo American, cutting emissions by up to 35%
Business Developments & Projects

Massive LNG-fueled bulker begins voyage with its first cargo for Anglo American, cutting emissions by up to 35%

Ubuntu Harmony, a recently launched LNG dual-fueled Capesize+ bulk carrier, has been loaded with its first cargo of iron ore, according to UK-based mining company Anglo American, which charters the vessels from Taiwanese bulk carrier company U-Ming Marine. The 190,000 dwt vessel loaded its first car

about 3 years ago
Prysmian to start installing Saint-Brieuc inter-array cables next month
Business Developments & Projects

Prysmian to start installing Saint-Brieuc inter-array cables next month

Prysmian will begin working on the installation of inter-array cables at the Saint-Brieuc offshore wind farm at the beginning of next month, shortly after the vessels to be deployed for this operation arrive at the project site in France at the end of this month or in the first days of February. Pry

about 3 years ago
Rotech Subsea wraps up cable work at UK offshore wind farm
Business Developments & Projects

Rotech Subsea wraps up cable work at UK offshore wind farm

Rotech Subsea, a provider of subsea tools to the energy industry, has completed cable de-burial, cut and recovery, and cable burial operations, at an offshore wind farm in UK waters.

about 3 years ago
Conoship
Business Developments & Projects

Study: Shared automated micro panel line for the Northern Netherlands shipbuilding feasible

Setting up a fully automated line for the joint production of ship parts by the Northern Netherlands maritime sector for the benefit of Northern shipyards is technically, financially, and organizationally feasible, a study shows. The feasibility study, ‘Shared Facility micro panel line for the North

about 3 years ago
CorPower Ocean's wave energy farm (Courtesy of CorPower Ocean)
Business Developments & Projects

EVOLVE spotlights value of ocean energy for future energy mix, uncovering 70GB of viable resources in three European countries

Official results from the pan-European EVOLVE project involving world-leading academics, research institutions and technology developers have been released, providing a firm evidence base supporting the acceleration of ocean energy in Europe’s future energy system.

about 3 years ago
Storage of natural gas and hydrogen ‘fundamental’ to tackling energy crisis and decarbonisation
Business Developments & Projects

Natural gas and hydrogen storage ‘fundamental’ to tackling energy crisis and decarbonisation

Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.

about 3 years ago
ABL investigates solar-powered cold ironing at Mombasa Port
Business Developments & Projects

ABL investigates solar-powered cold ironing at Mombasa Port

Energy and marine consultancy ABL Group has investigated two possible brownfield sites for the installation of a solar photovoltaic (PV) plant to generate renewable energy-powered shore power at the Port of Mombasa, Kenya.

about 3 years ago
Sakhalin Energy exceeds its 2022 targets
Business Developments & Projects

Sakhalin Energy exceeds its 2022 targets

Russian LNG producer Sakhalin Energy has surpassed its 2022 targets, producing about 11.5 million tonnes of LNG and 3.7 million tonnes of Sakhalin blend oil. According to the company, all products were delivered to the buyers on time in full compliance with the SPA terms. The major LNG markets inclu

about 3 years ago
Karpowership to help ease Ukraine’s energy crisis via floating power stations
Business Developments & Projects

Karpowership to help ease Ukraine’s energy crisis via floating power stations

Turkey’s floating power plant company Karpower International (Karpowership) has signed a memorandum of understanding (MoU) with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and accelerate the use of floating power stations to alleviate the nation’s

about 3 years ago
The UK High Court has quashed the decision brought at the beginning of 2022 to reject a £1.35 billion, 2 GW electricity interconnector between the UK and France. Kwasi Kwarteng, at that time Secretary
Business Developments & Projects

UK High Court quashes decision to reject £1.35 bn, 2GW interconnector

The UK High Court has quashed the decision brought at the beginning of 2022 to reject a £1.35 billion, 2 GW electricity interconnector between the UK and France. Kwasi Kwarteng, at that time Secretary of State for Business (BEIS), in January 2022 refused consent for the AQUIND interconnector despite

about 3 years ago
MPC Container Ships to buy sustainable marine diesel from INERATEC
Business Developments & Projects

MPC Container Ships to buy sustainable marine diesel from INERATEC

Norwegian container tonnage provider MPC Container Ships has signed an offtake agreement with German e-fuels supplier INERATEC for synthetic marine diesel oil (MDO) made from biogenic CO2 and renewable hydrogen. According to MPC Container Ships, this is the industry’s first agreement for the supply

about 3 years ago
Conceptual image of the LCO2 demonstration test ship. Photo: MHI
Business Developments & Projects

Four Japanese majors team up on CCS value chain study utilizing ship transportation

Japanese heavyweights ITOCHU Corporation, Mitsubishi Heavy Industries, INPEX Corporation and Taisei Corporation have joined hands to conduct a joint feasibility study on a large-scale and wide-area carbon capture and storage (CCS) value chain project. Under the Memorandum of Understanding (MoU), the

about 3 years ago
PCL, PaxOcean, ABS to explore retrofitting ships to run on methanol
Business Developments & Projects

PCL, PaxOcean, ABS to explore retrofitting ships to run on methanol

Singapore-based shipping company Pacific Carriers Limited (PCL) and compatriot PaxOcean Holdings Pte (PaxOcean) have teamed up with classification society ABS to explore the use of methanol for the PCL’s fleet.

about 3 years ago
ExxonMobil
Business Developments & Projects

Nippon Steel, Mitsubishi Corp, and ExxonMobil ally on CCS

Nippon Steel Corporation, Japan’s steel producer, Mitsubishi Corporation, a global integrated business enterprise that develops and operates businesses, and ExxonMobil Asia Pacific, an energy and petrochemical company, have signed a Memorandum of Understanding (MoU) to jointly study carbon capture a

about 3 years ago
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