Low-emissions marine fuels supplier Titan has closed a funding round for a 45% equity stake with further follow-on rights from downstream LNG and renewable gases company Molgas Energy, backed by infrastructure fund investor InfraVia Capital Partners. As explained, the investment in Titan aims to acc
China’s software developer COSCO Shipping Technology has become the latest company to join One Sea, as the international autonomous shipping association continues to expand its geographical footprint following a period of significant growth in 2023.
Clarksons Specialised Products, a unit of UK shipbroker Clarksons, has signed a Memorandum of Understanding (MoU) with Germany-based Hydrogenious LOHC Technologies to collaborate on a roadmap to establish a maritime supply chain for the bulk transportation of green hydrogen in chemical tankers using
Bureau Veritas (BV) has granted Approval in Principle to Greek company ERMA FIRST for its BLUE CONNECT system, a high voltage alternative maritime power solution. ERMA FIRST’s system, which can be housed in a container or provided in a stand-alone configuration, enables ships to connect with differe
DeepC Store and Azuli International have agreed to jointly pursue and acquire greenhouse gas (GHG) storage acreages in Commonwealth waters offshore Australia said to have strong potential for significant CO2 storage capacities. The two companies have jointly bid for GHG Assessment Permits released b
Spanish cleantech engineering company bound4blue has collaborated with the Institute of Technology and Renewable Energies (ITER), a Tenerife-based energy institute, for aerodynamic tests at the ITER wind tunnel facilities, focusing on optimizing suction sail systems for large vessels.
The Poseidon Principles, a regulatory framework for responsible financing of shipping, has released its fourth annual disclosure report sharing signatories’ climate alignment scores. The initiative has grown in number, with 34 signatories from 13 different countries together representing around 80%
Norwegian shipowner Knutsen Group has welcomed the fourth newbuild LNG carrier, Ignacy Łukasiewicz, that will be chartered to Poland’s PGNiG Supply & Trading, a part of ORLEN Group. South Korean shipyard Hyundai Samho Heavy Industries (HSHI) delivered the 174,000 cubic meter vessel to Knutsen on Dec
Shell has greenlighted a phased three-well program to bolster production at a development in the U.S. Gulf of Mexico (GoM).
NeuConnect, the first-ever energy link between the UK and Germany, has been granted all key regulatory approvals following the second partial approval for the construction and operation of the converter station on the German side. The Oldenburg State Trade Inspection Office (GAA Oldenburg) has grant
UK government has concluded the first hydrogen allocation round (HAR1) and selected eleven projects, totaling 125 MW capacity, to receive over £2 billion (around $2.5 billion) of revenue support from the Hydrogen Production Business Model. Launched in July 2022, HAR1 represents the largest number of
Shell has gotten its hands on the remaining stake in a deepwater field in the U.S. Gulf of Mexico, which has been developed as a subsea tie-back to the nearby Ursa production hub.
French classification society Bureau Veritas has added its vote of confidence to Swiss marine power company WinGD’s ammonia-fueled X-DF-A dual-fuel engine, granting approval in principle (AiP) for the engine’s safety concept.
CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has secured €45,238 in funding to participate as an industry partner in the WECHULL+ Project which will investigate and test a novel concrete material for wave energy converters (WECs). The funding was provided by S
