Over the past couple of years, the maritime industry stakeholders have stepped up their sustainability efforts by producing their ESG strategies and starting to publish their first sustainability reports. Over the board, the companies agree they need to decarbonize their operations at least by 2050,
Russia’s largest shipping company PAO Sovcomflot and compatriot oil company PAO Gazprom Neft have carried out the first-ever bunkering of a marine vessel with liquified natural gas (LNG) in the history of the country’s transport industry. The bunkering operation involved Sovcomflot’s crude oil tanke
Offshore wind developer Ørsted has signed a memorandum of understanding (MoU) with Energy Dome, an energy storage solution provider, to run a feasibility study on the deployment of a 20MW / 200MWh energy storage facility. The partners plan to deploy the energy storage facility using Energy Dome’s CO
The consortium comprising RWE and Neptune Energy has awarded contracts to Siemens Gamesa and Dutch engineering companies H2SEA and Enersea to support concept engineering work as part of the feasibility study for the H2opZee green hydrogen project in the Netherlands. H2opZee, announced earlier this y
Mitsubishi Heavy Industries (MHI), Keppel New Energy and DNV have signed a memorandum of understanding (MoU) for a strategic collaboration to explore the feasibility and implementation of an ammonia-fired gas turbine on Jurong Island, Singapore. Under the MoU, the three companies will work together
Japanese shipping company Mitsui O.S.K. Lines (MOL), its group company MOL Techno-Trade (MOLTT) and Akishima Laboratories (Mitsui Zosen) have formed a strategic partnership to progress fuel efficiency of MOL Group-operated vessels and minimise vessels’ greenhouse gas (GHG) emissions.
DNV has secured a contract to provide the evidence required to demonstrate the safe use and conversion of the local transmission systems (LTS) high-pressure pipelines for transporting 100% hydrogen in the UK. The gas distribution company SGN manages around 3,100 kilometres of the LTS pipelines in th
BP’s new Tortue FPSO for the GTA project in Mauritania and Senegal has been returned to the quayside of the COSCO shipyard in China.
Green corridors are coming forth as the central link that is expected to facilitate the shipping industry’s transition to alternative fuels and full-scale decarbonization. Several green corridors are already in the making linking ports within Europe or those connecting Europe with Asia and America.
UK-based maritime design and applied technologies company Artemis Technologies, a spin-off from the Artemis Racing America’s Cup sailing team, has unveiled the design of its new 100% electric EF-24 passenger vessel, targeting the global high-speed ferry market.
UK government plans to accelerate various energy projects, including five oil and gas as well as several CCS, hydrogen, and offshore wind projects.
German energy company RWE has entered into an agreement with Abu Dhabi National Oil Company (ADNOC) on liquefied natural gas (LNG) supplies, with the first cargo to be delivered to a floating LNG import terminal at Brunsbüttel. Under the agreement, the first delivery of a cargo of LNG will be suppli
The construction of the Stade liquefied natural gas (LNG) terminal has begun ahead of schedule after the preparatory measures have been approved by authorities, Hanseatic Energy Hub (HEH) informed. The federal government and the state of Lower Saxony each pledged €100 million to finance the energy p
Multinational technology specialist ABB and German engine manufacturer MAN Energy Solutions have teamed up on dual-fuel electric propulsion solutions. The new propulsion plant concept will be suitable for LNG carriers, Floating Storage Units (FSUs), and Floating Storage and Regasification Units (FSR
