Japanese shipping company NS United Kaiun Kaisha (NS United) and Brazilian mining giant Vale will equip a 400,000 dwt very large ore carrier (VLOC) with rotor sails manufactured by UK-based wind-assisted propulsion provider Anemoi Marine Technologies. Under the agreement, NS United and Vale will ins
Al Seer Marine, a subsidiary of International Holding Company, has secured $80 million in financing from BOCOM Financial Leasing, a subsidiary of the Bank of Communications, one of China’s largest commercial banks, for its newly delivered MR tankers Betelgeuse and Bellatrix.
Prysmian, Nexans, and Fulgor are being invited to provide their final offers for the tender process for submarine alternating current (AC) cables destined for Aegean Islands interconnectors.
Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in
The Orkney-based European Marine Energy Centre (EMEC) has secured independent research organization (IRO) status from UK Research and Innovation (UKRI), a public sector organization that supports the research and innovation system. This status enables EMEC to compete for research grants from the UK
Vast Renewables and Mabanaft have awarded contracts to Fichtner and bse Methanol to commence pre-FEED work for SM1, the solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia.
Four transmission system operators (TSOs) of the Nordic region have decided to take measures into their own hands and strengthen their cooperation amid rising geopolitical tensions and ongoing Russia-Ukraine and Israel-Gaza conflicts.
Green technology solutions provider Yinson GreenTech (YGT) and maritime services provider Wilhelmsen Ships Service (WSS) have signed an agreement to build a charging infrastructure for Singapore’s first fully electric cargo vessel, Hydromover. As disclosed, the charging infrastructure for the 18.5-m
Three players have embarked on a decarbonization mission to bring offshore electrification operations to new heights in the UK and Norway by throwing carbon capture solutions into the mix to curb oil and gas installations’ carbon footprint.
Norway-based cleantech service provider Soiltech has won a solid waste management contract with compatriot energy heavyweight Equinor for one of its platforms in the North Sea.
Swedish company CorPower Ocean has secured €32 million in Series B1 funding to advance the commercialization of its wave energy technology, marking a step towards making wave power a mainstream, bankable energy source. This latest investment round, the largest single investment into CorPower’s techn
A Yinson Production-operated floating production, storage, and offloading (FPSO) unit chartered by Brazilian state-owned oil and gas giant Petrobras has produced first oil in the pre-salt Campos Basin offshore Brazil.
Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e
MT Group has signed a contract with the Klaipeda State Seaport Authority to build a green hydrogen production and refueling station in the Port of Klaipeda.
