Centrica, a UK-based energy company, and Mitsubishi Power Europe, a power solutions brand of Japan’s Mitsubishi Heavy Industries (MHI), have signed a memorandum of understanding (MoU) to explore the development, construction and operation of Europe’s first-ever ammonia-fired power generation facilit
Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivotal order for up to ten dual-fuel LNG Pure Car and Truck Carrier (PCTC) vessels in partnership with South Korean shipping company Hyundai Glovis. Seaspan has signed the construction contract with Chin
Japanese shipping company Mitsui O.S.K. Lines and Bapco Energies have signed a memorandum of understanding (MoU) for the development of cross-border carbon dioxide (CO2) transport and sequestration.
Japanese conglomerate Sumitomo Corporation and Norwegian RoRo shipping company Höegh Autoliners have joined forces to explore the adoption of clean ammonia as a bunker fuel for Ro-Ro cargo vessels. The agreement targets ports in Singapore and Jacksonville, USA, with plans set to kick in from 2027. T
French multi-energy major TotalEnergies has joined CorPower Ocean’s Pilot Access Program to evaluate wave energy technology as one of the solutions for decarbonization.
Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECH’s order of X72DF-A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) have also signed the agreement for the joint undertakin
SK E&S, a part of South Korean conglomerate SK Group, has partnered with GE Vernova, Air Liquide Engineering & Construction, Chungcheongnam-do Government, and Korea Midland Power (KOMIPO) for the construction of the largest low-carbon hydrogen plant in Korea. To this end, SK E&S and its global partn
The Netherlands-based terminal operator APM Terminals and the UAE-based port developer and operator DP World have formed the Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition aiming to accelerate the journey to zero emissions for container handling equipment (CHE) at ports.
India’s renewable energy company ReNew Energy Global has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects, including green hydrogen. Specifically, the MoU, signed at COP28, identifies potential invest
The Blue Mediterranean Partnership, a collaborative initiative aimed at fostering a sustainable blue economy in the Mediterranean region, has received a substantial boost with key stakeholders, donors, and beneficiary country representatives signing a letter of intent at COP28, vowing to make the pa
On the sidelines of COP28, a $1.1 billion memorandum of understanding (MOU) for green bunkering in Egypt has been signed.
The Government of Oman and Hydrom have signed an agreement with Port of Amsterdam, Zenith Energy Terminals, and GasLog to jointly study the development of a liquid hydrogen supply chain that will deliver Omani green hydrogen to the Amsterdam port and onwards to Europe. The agreement was signed at th
Maersk-backed methanol developing and producing company C2X has teamed up with Spanish energy giant Cepsa to develop a green methanol plant in the port of Huelva, southern Spain. The project aims to reach an estimated annual production capacity of 300,000 tons of green methanol, which Cepsa calculat
Global OTEC and 2H Offshore have signed an agreement to combine their expertise and accelerate development of floating ocean thermal energy conversion (OTEC) technology.
