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US DOE to hand out $47.7 million to advance clean hydrogen technologies
Business Developments & Projects

US DOE to hand out $47.7 million to advance clean hydrogen technologies

The U.S. Department of Energy (DOE) has announced $47.7 million in funding for 16 research, development and demonstration (RD&D) projects across 13 U.S. states to advance clean hydrogen technologies. Managed by the Hydrogen and Fuel Cell Technologies Office (HFTO), DOE said the projects will focus o

about 2 years ago
Survey on schedule for world's first bi-directional subsea link
Business Developments & Projects

Survey on schedule for world’s first bi-directional subsea link

A geophysical inspection survey is set to kick off in October along the length of the operational WesternLink submarine HVDC interconnector in the UK. The 390-kilometer WesternLink includes two HVDC cables that extend from Hunterston in the Firth of Clyde, through the North Channel, to the west and

about 2 years ago
Hudong Zhonghua CMA CGM Paraty
Business Developments & Projects

CMA CGM’s 13K TEU LNG-powered containership hits the water

A colossal containership sporting a green livery and a prominent LNG-powered designation on its hull has hit the waters at Chinese shipbuilding major Hudong Zhonghua. The LNG dual-fuel 13,000TEU container ship (H1841A), named CMA CGM Paraty, was built for the French CMA CGM Group. The ceremony was h

about 2 years ago
Sempra’s Port Arthur LNG Phase 2 receives FERC authorization
Business Developments & Projects

Sempra’s Port Arthur LNG Phase 2 receives FERC authorization

The Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas, by Sempra Infrastructure, a subsidiary of Sempra. Sempra announced the authorization on September 21, sta

about 2 years ago
K Line
Business Developments & Projects

K Line unveils ‘revolutionary’ AI-backed draft survey app

Japanese shipping major Kawasaki Kisen Kaisha (K Line) has teamed up with IT-support company TIS, and Miotsukushi Analytics, a consulting firm that specializes in data analysis, to develop a draft survey application that harnesses the power of artificial intelligence (AI). The application uses AI to

about 2 years ago
Elyse Energy, Hy24 and Mirova pen e-fuels financing deal
Business Developments & Projects

Elyse Energy, Hy24 and Mirova pen e-fuels financing deal

E-fuels company Elyse Energy, Hy24, managing a clean hydrogen infrastructure fund, and Mirova, an affiliate of Natixis Investment Managers, have signed a financing deal to support the development of Elyse Energy’s e-methanol and sustainable aviation fuels (SAF) projects in France and Spain. Specific

about 2 years ago
Illustration (Courtesy of Ciel & Terre)
Business Developments & Projects

Industry partners kick off construction works on the largest European floating solar plant

A consortium made up of French, Belgian and Luxembourgian companies, led by renewable energy developer Q Energy, has started with the construction of a 74.3MWp floating solar plant in the northeastern France – said to be the largest such power plant in Europe.

about 2 years ago
Laura Maersk
Business Developments & Projects

WATCH: Green-methanol-powered Laura Maersk takes to the seas

Laura Maersk, the world’s first containership powered by green methanol, has set sail from Copenhagen, Denmark officially commencing her operations. Maersk, the owner of the groundbreaking ship, shared video footage of the vessel departing the Toldboden area of the Copenhagen harbor near the headqua

about 2 years ago
Ron DeSantis, Florida Governor; Source: Office of Governor Ron DeSantis
Business Developments & Projects

As Florida Governor pledges to unleash ‘American energy dominance’ and slash gas prices to $2 by 2025, California hits out at fossil fuels industry

There is almost an insurmountable gap between the latest energy policies being advocated by Florida Governor and California’s governor.

11 minutes read
Rolf Habben Jansen, CEO of Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd CEO: Industry must work together to create a level-playing field

The shipping industry needs to work together to accelerate the energy transition and establish a level playing field, ensuring Europe’s competitive edge on the global stage, Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said yesterday in a powerful address at the European Shipping Summit (ESS) in Bruss

about 2 years ago
Seaside LNG
Business Developments & Projects

Seaside LNG voices need for accelerating LNG infrastructure as it joins SEA-LNG

Seaside LNG, an LNG production and maritime transportation logistics provider based in Houston, Texas, has become a member of SEA-LNG, a prominent industry coalition dedicated to demonstrating the advantages of the LNG pathway for reducing shipping emissions. Seaside LNG is the sole company in North

about 2 years ago
DEME Offshore Vattenfall HKZ
Business Developments & Projects

DEME Offshore bags Hollandse Kust Zuid rock installation contract

Vattenfall has contracted DEME Offshore to carry out rock berm installation works at Hollandse Kust Zuid offshore wind farm site in the Netherlands. According to Vattenfall, rock installation works will take place between the fourth quarter of 2023 and the first quarter of 2025. “Based on lessons le

about 2 years ago
China’s first green methanol industrial chain in the making
Business Developments & Projects

China’s first green methanol industrial chain in the making

A cooperation project for establishing China’s first green methanol industrial chain which aims to propel shipping’s decarbonization has been officially launched. COSCO Shipping, State Power Investment Corporation (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection

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

Equinor hands over development plans for $9 billion natural gas project off Brazil

Equinor has submitted the declarations of commerciality and plans of development for two natural gas fields in the BM-C-33 concession in Brazil’s Campos Basin to Agência Nacional de Petróleo, Gás Natural e Biocombustíveis (ANP).

about 2 years ago
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