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Business Developments & Projects

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New partnership targets cable-lay market
Business Developments & Projects

New partnership targets cable-lay market

The Netherlands-based Huisman has signed a partnership agreement with ESD to expand its cable-lay product portfolio, with the aim of increasing its position in the offshore wind market. According to Huisman, the agreement will see the combination of ESD’s expertise in designing smart cable-lay solut

about 2 years ago
Illustration/Ocean Sun's floating solar tech (Courtesy of Ocean Sun)
Business Developments & Projects

Norwegian floating solar developers partner up for greener aquaculture

Norwegian companies Ocean Sun and Inseanergy have formed partnership to supply the aquaculture industry with green energy using floating solar technology. Following the settlement of a patent dispute earlier this year, Ocean Sun and Inseanergy have entered into a cooperation agreement to supply gree

about 2 years ago
KCC
Business Developments & Projects

Klaveness’ CABU carrier aces first voyage with air lubrication tech

MV Ballard, an 80,500 dwt CABU combination carrier operated by Norway’s shipping company Klaveness Combination Carriers (KCC), has completed its first voyage following dry dock and the installation of an air lubrication system.

about 2 years ago
SABRE
Business Developments & Projects

Itochu and Orascom to set up ammonia bunkering hub in Suez Canal

Japan-based trading company Itochu Corporation has signed a Memorandum of Understanding (MOU) with global engineering and construction contractor Orascom Construction on the development of ammonia bunkering in the Suez Canal, Egypt. Orascom Construction has extensive experience in the energy transit

about 2 years ago
MHIET confirms stable combustion of hydrogen admixture through testing of single cylinder engine
Business Developments & Projects

MHIET confirms stable combustion of hydrogen admixture through testing of single cylinder engine

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), a part of Japan’s Mitsubishi Heavy Industries (MHI) Group, has confirmed stable combustion of hydrogen admixture through a testing of a single cylinder engine. MHIET revealed the test achieved stable combustion with up to 50 vol% hydrogen ad

about 2 years ago
Prysmian hits dynamic cables milestone
Business Developments & Projects

Prysmian hits dynamic cables milestone

Prysmian Group has completed the pre-termination phase for the dynamic cables destined for a floating offshore wind farm off the coast of France – said to be the company’s first turnkey project of a dynamic cables system for a floating wind farm. Prysmian announced the completion of the dynamic cabl

about 2 years ago
MOL Tetsun Maru
Business Developments & Projects

Japan’s coastal RoRo trials biofuel and waste cooking oil blend

MOL Coastal Shipping, a group company of Japanese shipping major Mitsui O.S.K. Lines, revealed that its 499 GT coastal RoRo vessel, the Tetsuun Maru No.1, trialed the use of biofuel. The biofuel used on the vessel is made by mixing waste cooking oil derived from vegetable oils and fats in Japan with

about 2 years ago
Dr. Sultan Al Jaber, COP28 President
Business Developments & Projects

New charter urges private sector towards ‘bolder’ climate and net-zero action ahead of COP28

The COP28 Presidency has revealed the launch of a new charter to mobilize and encourage the private sector to take further steps towards accelerating and bolstering their net-zero pledges.

about 2 years ago
QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK
Business Developments & Projects

QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK

QatarEnergy LNG, previously known as Qatargas, has completed its 1,000th LNG shipment to the South Hook LNG terminal at Milford Haven in the United Kingdom (UK). The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name, the 10,000th LN

about 2 years ago
Euronav
Business Developments & Projects

Euronav names LNG-ready newbuild duo

South Korean shipbuilder Hyundai Samho Heavy Industries hosted a christening ceremony last week for Euronav’s two tanker newbuilds, MV Brest and MV Bristol. The two 157,000 dwt Suezmax tankers were ordered back in 2021 costing $186 million en-bloc, and including $4.2 million in additions and upgrade

about 2 years ago
The signing of the MoU for floating solar collaboration (Courtesy of Ocean Sun)
Business Developments & Projects

Ocean Sun to supply floating solar tech for 2MW project in India

SJVN Green Energy, a wholly owned subsidiary of India’s state-owned SJVN, has signed a memorandum of understanding with Ocean Sun to develop a floating solar project in India.

about 2 years ago
DNV
Business Developments & Projects

DNV, AL Group to explore CCS on board containership, bulker newbuilds

DNV has entered into a JDP with AL Group and its Singapore unit to explore the feasibility of CCS on board AL’s newbuildings.

about 2 years ago
TECO 2030 & Yokogawa ally on use of H2 fuel cells in industrial applications
Business Developments & Projects

TECO 2030 & Yokogawa ally on use of H2 fuel cells in industrial applications

Norway’s cleantech company TECO 2030 and Japan’s electrical engineering and software company Yokogawa Electric Corporation have signed a strategic partnership and investment agreement regarding the development of technology for utilizing hydrogen fuel cells in industrial applications. Under the agre

about 2 years ago
Gulf of Mexico and Norway on schedule for TGS
Business Developments & Projects

Gulf of Mexico and Norway on schedule for TGS

Norway’s TGS has secured an extension of a contract offshore Norway, as well as a new contract with a repeat customer in the Gulf of Mexico. TGS secured a four-year extension to a proprietary reservoir monitoring and source acquisition contract in Norway, with a further option to extend by another t

about 2 years ago
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