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Provaris taps Prodtex to build and test prototype tank for its compressed hydrogen carrier
Business Developments & Projects

Provaris taps Prodtex to build and test prototype tank for its compressed hydrogen carrier

Provaris Energy has initiated a prototype tank testing program as a further step toward obtaining final Class Approval required for its hydrogen carrier and storage solutions. To this end, Provaris’ Norwegian subsidiary has hired Prodtex AS to construct and test a prototype hydrogen tank for its pro

about 3 years ago
NYK NBA MAGRITTE
Business Developments & Projects

NYK breaks new ground with its 1st ever wind-assisted propulsion installation

NYK Bulkship (Atlantic) N.V., a subsidiary of the NYK Group headquartered in Antwerp, Belgium, will introduce a wind-assisted ship-propulsion unit on one of its vessels currently under a long-term charter contract with Cargill International S.A., a prominent Swiss-based freight trader. The initiativ

about 3 years ago
Misje Rederi’s 3rd EcoBulk hybrid vessel hits the water in Sri Lanka
Business Developments & Projects

Misje Rederi’s 3rd EcoBulk hybrid vessel hits the water in Sri Lanka

Sri Lanka-based shipbuilder Colombo Dockyard has launched the third hybrid ship in a series of six new eco bulk carriers being built for Norwegian shipowner Misje Rederi AS.

about 3 years ago
Petronas
Business Developments & Projects

Drilling campaign bears fruit as six new oil & gas discoveries pop up off Malaysia

Petronas has undertaken a drilling campaign, which unveiled multiple new oil and gas discoveries in five blocks off the coast of Sarawak, Malaysia.

about 3 years ago
USV AS Astilleros Gondan
Business Developments & Projects

In focus: European countries working shoulder to shoulder to curb climate change

With temperatures reaching all-time high all over the globe, it is difficult not to question whether we are doing enough to stop or even slow down global warming. But that did not interrupt the European energy players to make new deals and link up with each other to reap the benefits of the offshore

about 3 years ago
CEM adopts new initiative for scaling low-carbon fuel production
Business Developments & Projects

CEM adopts new initiative for scaling low-carbon fuel production

The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy

about 3 years ago
Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects
Business Developments & Projects

Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects

Just shortly after announcing NKT as the preferred bidder for the power cable systems, SSEN Transmission revealed it had selected Hitachi Energy to deliver the HVDC converter system for two HVDC transmission links offshore Scotland. Hitachi Energy has been given the preferred supplier status for the

about 3 years ago
DNV UAE decarbonization centre
Business Developments & Projects

UAE partners with DNV to set up maritime decarbonization centre

United Arab Emirates (UAE) has teamed up with Det Norske Veritas (DNV) on the establishment of a new UAE Decarbonization Centre. H.E Suhail Al Mazrouei, Minister of Energy and Infrastructure, and Knut Ørbeck-Nilssen, CEO DNV Maritime signed a Memorandum of Understanding (MOU) on establishing the fac

about 3 years ago
Construction starts for first US subsea rock installation vessel
Business Developments & Projects

Construction starts for first US subsea rock installation vessel

U.S. dredging services provider Great Lakes Dredge & Dock Corporation has held the steel-cutting ceremony for the construction of what is said to be the first U.S. offshore wind subsea rock placement vessel. The ceremony marking the start of construction for the Acadia vessel was held on 20 July at

about 3 years ago
HMM
Business Developments & Projects

HMM Privatization: Bidding kicks off for South Korea’s flagship carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM was officially launched on Thursday in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB), and Korean Ocea

about 3 years ago
A photo of the Sealhyfe offshore green hydrogen production platform next to the Floatgen floating wind turbine
Business Developments & Projects

Lhyfe’s work on ocean reoxygenation through H2 production advances

French hydrogen producer Lhyfe has completed the first step in its work on ocean reoxygenation with the publication, by IRD Brest, of a first scientific article on the results of the research carried out in recent months. The work is a part of Lhyfe’s ambition to decarbonize transport and industry b

about 3 years ago
cargo ship Hokurenmaru No.2
Business Developments & Projects

Japan takes its autonomous shipping to the next level

Japan’s maritime industry is taking significant strides towards the full-scale commercialization of fully autonomous ships, thanks to the MEGURI2040 Fully Autonomous Ship Project. This collaborative effort, administered by the Nippon Foundation and involving 51 companies under the Designing the Futu

about 3 years ago
Ocean BlackHawk drillship; Source: Diamond Offshore
Business Developments & Projects

One Diamond Offshore drillship done with its job while another continues work off Africa

Diamond Offshore has confirmed that one of its drillships wrapped up its drilling work at Senegal’s first offshore oil development last week.

about 3 years ago
Saguaro Energia LNG project receives support from Sonora government
Business Developments & Projects

Saguaro Energia LNG project receives support from Sonora government

Mexico Pacific and the government of the Mexican state of Sonora have signed a collaboration agreement supporting Mexico Pacific’s anchor LNG export facility Saguaro Energia located in Puerto Libertad, Sonora, Mexico. Specifically, Mexico Pacific’s LNG project was welcomed as the foundational pillar

about 3 years ago
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