Classification society RINA has announced the start of the six-year research Hydra project, which by 2025, aims to create a 100% hydrogen-fueled pilot plant capable of producing up to seven tons of steel per hour, with a significant reduction in carbon emissions. The €88 million Hydra initiative is
The European Commission will not extend the EU legal framework exempting liner shipping consortia from EU antitrust rules, known as the Consortia Block Exemption Regulation (CBER). This decision comes after a review process initiated in August 2022, with the CBER set to expire on April 25, 2024. The
French company Sabella has broken the power production record with its D10 tidal energy turbine, generating over 25% of the total electricity consumed on Ushant Island by harnessing the energy of the tides.
Greek ballast water treatment specialist ERMA FIRST has won Lloyd’s Register’s Approval in Principle (AiP) for its amine absorption-based carbon capture & storage (CCS) system. The system uses absorption technology to mix carbon dioxide (CO2) flue gases with a proprietary amine solvent, which is the
Reach Subsea has secured a contract with SSEN Transmission to carry out a survey for an HVDC transmission link offshore Scotland. The contract constitutes a detailed corridor survey for the Spittal to Peterhead HVDC power cable. The data will be used for detailed engineering and environmental assess
Former semi-submersible drilling rig, which was turned into an FPF, is going to be decommissioned at the UK’s Kishorn Port (KPL).
Greek shipowner Spring Marine has selected UK tech provider SulNOx to supply its products to cut fuel consumption and carbon emissions.
Maritime fuel supplier Peninsula has won an LNG bunkering operator license from the Government of Gibraltar and the Gibraltar Port Authority. The company recently sent its new 12,500 cubic meters LNG supply vessel, Levante LNG, to the Strait of Gibraltar. Levante LNG will be operated by Peninsula, s
Turan Drilling & Engineering has secured a long-term contract extension worth $300 million for work on eight platforms off Azerbaijan.
The International Chamber of Shipping (ICS) has launched a Carbon Intensity Indicator (CII) Data Collection System. CII is a rating system developed by the International Maritime Organization (IMO) to measure the energy efficiency of ships, above 5,000 gross tonnage and trading internationally. It c
Japanese shipping company MOL and PT MCS Internasional (PT MCSI)) have established PT McMOL Crewing International, a new joint-venture LNG carrier manning company in Indonesia.
Norwegian subsea services provider DeepOcean and oil and gas player Aker BP have entered into an agreement to “pioneer” the use of an unmanned surface vessel (USV) for subsea inspection, maintenance and repair (IMR) and survey work. According to DeepOcean, the USV solution can reduce CO2 emissions w
An anchor handling tug supply (AHTS) vessel has been awarded a long-term contract with an undisclosed oil company for work outside Australia.
South Korean shipbuilding major Samsung Heavy Industries (SHI) has secured an order for the construction of a liquefied natural gas (LNG) carrier. The contract, which is valued at a staggering KRW 350.8 billion ($260 million), was awarded by an unnamed Asian shipowner. The vessel is expected to be c
