The UK-based Net Zero Technology Centre has revealed the 20 winners of its 2022 Open Innovation Programme. The center was created as part of the Aberdeen City Region Deal, with £180 million of UK and Scottish government funding to maximise the potential of the North Sea. Since its inception in 2017,
Owners of vessels burning methane-based fuels such as LNG are not likely to pursue investments in methane emission reduction technologies without strong incentives or regulatory requirements, a study from Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) says. The study provides an ov
Hy24, the joint venture between FiveT Hydrogen and Ardian, has announced the closing of its first hydrogen impact fund – Clean H2 Infra Fund – at €2 billion of allocations, exceeding its initial ambitions. Launched a year ago, the fund is said to be the world’s first and largest infrastructure fund
French green and renewable hydrogen producer Lhyfe has formed a strategic partnership with compatriot engineering firm Gaussin to accelerate the development of hydrogen mobility at port, airport and logistics sites. The parties have signed a memorandum of understanding (MoU) to study the possibility
French LNG containment specialist GTT has signed technical assistance and license agreement with China Merchants Heavy Industries-Jiangsu (CMHI-Jiangsu), a subsidiary of China Merchants Industry Holdings (CMI). The agreement will enable the shipbuilder to construct vessels using GTT’s membrane techn
Veer Corporation, registered in the Bahamas, has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its project aimed at building the world’s first fleet of 100% clean, ocean-going container vessels. “Receiving this AIP from a recognized organization such as ABS sets
Qatargas, a liquefied natural gas (LNG) production unit of state-owned QatarEnergy, has delivered a commissioning LNG cargo to China’s newest LNG terminal, the Jiangsu-Binhai LNG terminal, owned and operated by China National Offshore Oil Corporation (CNOOC). The cargo was loaded in Ras Laffan on 10
MidOcean Energy, an LNG company formed and managed by energy and infrastructure investor EIG, has entered into a definitive agreement to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects. Under the terms of the agreement, MidOcean will acquire Tokyo Gas’ interest
The Netherlands-based engineering company, KCI, and Belgian manufacturer of offshore wind substructures, Smulders, have entered into collaboration on offshore green hydrogen production platforms. The two companies have teamed up to offer end-to-end solutions for the offshore hydrogen market and will
Industrial gas supplier Air Products has revealed plans to invest approximately $500 million to build, own and operate a 35 metric ton per day facility to produce green liquid hydrogen at a greenfield site in Massena, New York. The company’s plans also include liquid hydrogen distribution and dispen
The offshore energy industry is showing its strongest commitment and ramp-up in efforts to reach net-zero targets as soon as possible and get the energy crisis worries off its chest. Cutting vessel emissions has always been an integral part of the equation. With hybrid power solutions and different
Dutch shipbuilder Holland Shipyards Group has signed a contract with the Swedish Transport Administration (Trafikverket) for the delivery of two plus two autonomous all-electric ferries.
The Port of Long Beach has joined the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES), a public-private partnership formed to help capture federal funding for developing a renewable hydrogen market in California. ARCHES was launched to serve as the lead applicant for California’s bid t
China-based Yangzijiang Shipbuilding revealed that it has secured orders for a total of 22 vessels since last August, achieving its highest-ever total orderbook value of $10.27 billion and extending its revenue visibility to mid-2025. Out of the orders for the 22 vessels, six are 66,000 dwt bulk car
