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GAZ-SYSTEM puts Gdańsk FSRU 2 on hold as open season procedure ends with insufficient number of binding orders
Business Developments & Projects

GAZ-SYSTEM puts Gdańsk FSRU 2 on hold as open season procedure ends with insufficient number of binding orders

Poland’s natural gas transmission system operator GAZ-SYSTEM has closed the submission phase for binding offers in its open season FSRU 2 procedure which did not result in a sufficient number of binding orders to proceed with the implementation of the project envisaging installation of the second FS

about 2 years ago
Pavilion Energy
Business Developments & Projects

Industry bodies pitch ‘pooled compliance’ as part of simplified global GHG fuel standard

The International Chamber of Shipping (ICS) and the International Bunker Industry Association (IBIA) have submitted a joint proposal to the shipping industry’s global regulator, the UN International Maritime Organization (IMO), for a Global GHG Fuel Standard (GFS). The proposal, set to be discussed

about 2 years ago
Argeo formalizes AUV order with Kongsberg
Business Developments & Projects

Argeo formalizes AUV order with Kongsberg

Marine survey contractor Argeo has formally signed the contracts with Kongsberg for the purchase of three Hugin autonomous underwater vehicles (AUVs). In September Argeo announced the purchase of three new AUVs from Kongsberg, two Hugin Superiors and one Hugin 6000. The contracts for all three vehic

about 2 years ago
Eneco plans to build 800 MW green hydrogen plant in Europoort
Business Developments & Projects

Eneco plans to build 800 MW green hydrogen plant in Europoort

Dutch energy company Eneco has submitted a planning application for the construction of a green hydrogen production plant in Rotterdam’s Europoort industrial area. Eneco plans to develop the Eneco Electrolyzer plant which will use renewable energy from solar parks and wind farms to produce clean hyd

about 2 years ago
HGK
Business Developments & Projects

HGK Shipping orders eco-friendly dry cargo ship for Salzgitter Flachstahl

HGK Shipping, part of Germany’s integrated logistics group HGK, has ordered a new, low-emission dry cargo ship from the Dutch shipyard De Gerlien van Tiem.

about 2 years ago
Who Dat; Source: Delmar
Business Developments & Projects

Australian player entering Gulf of Mexico with new oil & gas acquisition

Karoon Energy is in the process of diversifying and expanding its asset portfolio, thanks to biding agreements worth $720 million.

about 2 years ago
Sakura Leader
Business Developments & Projects

NYK-chartered car carrier seized in Yemen as shipping gets in crosshairs of Israel-Hamas war

Japanese shipping company NYK Line confirmed earlier today that its chartered car carrier Galaxy Leader was seized near Hodeida, Yemen. “On the evening of November 19 in Tokyo (early afternoon local time), NYK was informed by Galaxy Maritime Ltd., which is based in the U.K., that an NYK-chartered pu

about 2 years ago
Petrobras and European Energy looking into e-methanol opportunities in Brazil
Business Developments & Projects

Petrobras and European Energy looking into e-methanol opportunities in Brazil

Brazilian state-owned oil and gas giant Petrobras and Danish company European Energy have signed a memorandum of understanding (MoU) to investigate business opportunities for developing an e-methanol plant in Brazil, on a non-binding basis. According to Petrobras, the companies have vertically integ

about 2 years ago
SWITCH Maritime raises $10 million to grow hydrogen and electric ferry fleet
Business Developments & Projects

SWITCH Maritime raises $10 million to grow hydrogen and electric ferry fleet

SWITCH Maritime, a US-based company developing zero-emission hydrogen and battery-powered ferries, has raised $10 million in a Series A round led by low-carbon investor Nexus Development Capital to expand its fleet. SWITCH Maritime was founded in 2018 with an aim to enable private and public municip

about 2 years ago
World’s first hydrogen-powered inland vessel passes trial run
Business Developments & Projects

World’s first hydrogen-powered inland vessel passes trial run

The world’s first hydrogen-powered vessel has completed technical sea trials and obtained a provisional certificate to be put into service. The vessel named Antonie was built by Dutch shipyard Concordia Damen for compatriot inland shipping company Lenten Scheepvaart. It will be used to transport sal

about 2 years ago
Northern Lights storage tanks
Business Developments & Projects

Northern Lights, Yara seal binding CO2 transport and storage deal

Norwegian-based ammonia player Yara International has signed a binding commercial agreement with Northern Lights, a CO2 transport and storage supplying JV created by energy majors Shell, Equinor, and TotalEnergies, which is expected to pave the way for the world’s first cross-border transportation a

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Business Developments & Projects

Pacific leaders vow to transition away from fossil fuels but ‘loopholes and weasel words’ weaken commitment

While calling for a transition away from coal, oil & gas, Pacific leaders’ final text did not explicitly mention extraction and production.

about 2 years ago
Illustration; Source: TotalEnergies
Business Developments & Projects

In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

24 minutes read
shore power
Business Developments & Projects

Port of Gävle: Tanker switches to shore power during unloading operation for the first time

In a milestone event for the maritime industry, a tanker conducted an unloading operation while connected to shore power at the Port of Gävle, Sweden.

about 2 years ago
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