Japanese shipping company Mitsui O.S.K. Lines (MOL) has entered into a lease agreement for three new LNG carriers with Bank of Communications Financial Leasing Co (BOCOM Leasing). The three 17,400 cbm LNG carriers are under construction at Hudong-Zhonghua Shipbuilding (Group). The lease has been car
TotalEnergies and Malaysia’s Petronas are taking steps to jointly pursue decarbonisation with carbon capture and storage and renewables.
MAN Energy Solutions has teamed up with Shell to drive decarbonisation efforts forward by developing low-carbon energy solutions.
UK’s Centrica Storage has teamed up with consulting and engineering firm Wood to evaluate the feasibility of transforming its Easington gas processing terminal into a low-carbon hydrogen production hub. Based in East Yorkshire, the hub will be integrated with Centrica’s Rough field redevelopment and
Marine Energy Research Australia (MERA) has teamed up with CorPower Ocean and Australia Ocean Energy Group (AOEG) to perform an extensive study focused on wave energy hydrodynamics, which could result in driving performance, reducing cost and accelerating commercialization of wave energy technology.
UAE-based port operator AD Ports Group and Premier Marine Engineering Services LLC (Premier Marine), a compatriot shipyard company specialising in shipbuilding and repair services to the marine and offshore industries, have formed a new joint venture, SAFEEN Drydocks. The joint venture is structured
Damen, DNV and NAPA have taken a new step forward in ship design processes by using the new Open Class 3D Exchange (OCX) standard to streamline classification involvement in the early phase of a project.
Consulting and engineering company Wood has signed a Memorandum of Understanding (MoU) with energy transition company Transitus Energy to explore opportunities for onshore and offshore decarbonization projects across the United Kingdom (U.K.) energy industry. According to Wood, the two companies wil
Classification society ABS and Texas A&M Engineering Experiment Station (TEES) have launched a batch of new, funded research projects covering topics related to safety and performance in marine and offshore industries, such as ammonia as fuel, ship electrification and carbon capture and sequestratio
UAE-based port operator AD Ports Group has signed a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of Karachi. Under the terms of the 50-year concession agreement, a Joint Venture between AD Ports Group, as a major
GKinetic Energy and Torishima Service Solutions Europe have signed a letter of intent (LOI) to jointly develop a partnership structure and commercial model for global roll out of hydrokinetic technology.
The University of Oxford, along with two other universities and over twenty industry stakeholders and regulatory bodies, will work together on an ambitious €8.1 million project that will address the key challenges currently preventing the tidal energy sector from reaching its full potential.
The report on the potential of tidal stream energy to support sustainable growth in the UK, published by Grantham Research Institute on Climate Change & the Environment, has concluded that this form of energy can serve as an effective complement to wider efforts on both net zero and energy security.
Nordic energy company Gasum has carried out the first liquefied natural gas (LNG) bunkering operation in the port of Reykjavik, Iceland.
