Gears in the energy transition machine are constantly turning but not fast enough to meet the decarbonization targets that the UK has set, according to DNV.
Minesto’s 1.2 MW Dragon 12 tidal powerplant has delivered as expected during its first phase of operation at its grid-connected monopile seabed foundation in Vestmannasund, Faroe Islands, the Swedish company reported. The 25-ton Dragon 12 tidal energy kite was commissioned in the early morning of Fe
Germany’s KfW IPEX-Bank has decided to support Smyril Line’s recently announced fleet-renewal program with a financing of €90 million.
Japan’s IHI Corporation and Singapore’s ST Engineering have signed a memorandum of understanding (MoU) on the joint promotion of smart and sustainable solutions. Specifically, under the MoU, the two parties will explore the application of their smart and sustainable solutions in new use cases and ma
Danish engineering company Eltronic FuelTech has launched a new system for supplying fuel from tanks to engines of methanol-powered ships. According to the company, the system can reduce costs and save energy for shipping companies while enhancing safety. In the wake of the naming of Laura Maersk, A
Singapore-based shipping company Eastern Pacific Shipping has signed a contract with Spanish cleantech engineering company bound4blue to install its first-ever wind-assisted propulsion system onboard chemical tanker Pacific Sentinel.
Ciel & Terre Taiwan and HEXA Renewables have concluded one of Taiwan’s largest near-shore floating solar projects, situated within the Changbin Industrial Park in Changhua County. The entire floating solar project of the Changbin Industrial zone is about 440 MWp, having Ciel & Terre Taiwain represen
Njord, a Denmark-based green technology business founded by Maersk Tankers, is partnering with Rio Tinto, a British-Australian mining group and one of the world’s largest dry-bulk shippers, to cut fuel consumption and emissions.
Norway-headquartered DOF Group has been awarded a contract to repair an export cable for an offshore wind farm in the Southern North Sea. The project, awarded by an international energy operator, includes the retrieval of the damaged cable and termination, installation, trenching, and commissioning
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipbuilding have completed the initial design of an ammonia fuel supply system (AFSS) for vessels powered by WinGD’s X‑DF‑A ammonia-fueled engines.
Vitol Bunkers, a wholly-owned bunker arm of energy and commodities company Vitol, has taken delivery of its first specialized biofuel bunker barge, Marine Future, in Singapore, bolstering its position in Asia’s biofuel bunker market. Built in China, the vessel is 102.6 meters long and can carry abou
Norwegian seismic company PGS has signed an agreement with Shell for its cloud-based digital asset management solution designed specifically for seismic data, which is set to enable the UK-headquartered energy giant to streamline access to seismic data and accelerate workflows. This Data OnDemand Ag
Equinor has secured a drilling permit from the country’s authorities for an exploration well in the Barents Sea.
Turkish natural gas company BOTAŞ and Egyptian natural gas company EGAS have agreed to strengthen their energy relations, putting an emphasis on natural gas and LNG trading opportunities, cooperation on natural gas infrastructure and underground storage, as well as sharing technical information and
