Subsea 7 has secured an extension of the existing frame agreement with Aker BP under which it will continue providing subsea services for the company’s developments on the Norwegian continental shelf (NCS). Under the agreement, Subsea 7 will provide engineering, fabrication and installation activiti
Global Shipping Business Network (GSBN), an independent not-for-profit technology consortium, has signed a knowledge partnership agreement with the Global Centre for Maritime Decarbonisation (GCMD) to accelerate decarbonisation in the shipping sector.
China’s COSCO Shipping Heavy Industry Technology (Weihai) has signed an order for a methanol fuel supply system for four 16,000-TEU containerships with COSCO Shipping Heavy Industry (Yangzhou). According to COSCO, the methanol fuel supply system “Marine Shield” (Haidun) adopts dual-core redundancy +
New York-listed product and chemical tanker company Ardmore Shipping Corporation has ordered Value Maritime’s (VM) carbon capture-ready Filtree systems. for additional three MR Tankers Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon captur
Australia and the United States (US) have committed to enhance bilateral cooperation under a Climate, Critical Minerals and Clean Energy Transformation Compact, establishing climate and clean energy as a central pillar of the Australia-US Alliance. According to a joint statement from the PM of Austr
Mitsubishi Shipbuilding Co., part of the Japanese major Mitsubishi Heavy Industries (MHI) Group, will conduct technical studies on an ammonia fuel supply system for large, low-speed two-stroke marine engines which are being developed by Swiss marine engine maker Winterthur Gas & Diesel AG (WinGD). T
Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca
As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t
Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both
German Federal Minister for Economic Affairs and Climate Action, Robert Habeck, and Danish Minister for Climate, Energy and Utilities, Lars Aagaard, have signed an agreement for the Bornholm Energy Island in the Baltic Sea. This is the first legally binding cooperation agreement in Europe on a joint
Aker Solutions has signed a frame agreement extension with Aker BP under which it will provide subsea production systems to the company’s projects on the Norwegian continental shelf (NCS) until 2029. The agreement may also cover assistance to Aker BP for feasibility studies and concept developments,
The Irish Department of the Environment, Climate and Communications and the German Federal Research Ministry have signed a Joint Declaration of Intent (JDoI) on cooperation in the field of green hydrogen. The Irish Department said that realising the full potential of offshore renewable energy resour
United European Car Carriers’ (UECC) state-of-the-art LNG dual-fuel vessel Auto Energy has completed its first LNG bunkering operation in the Mediterranean. According to UECC, a provider of sustainable short sea ro-ro transportation in Europe, the operation took place in the port of Sagunto, Spain,
Luxembourg and Portugal have signed a declaration of cooperation on renewable energies, including the development of a renewable hydrogen corridor between the two countries. During his visit to Lisbon, Luxembourg’s Minister of Energy, Claude Turmes, signed the declaration with his Portuguese counter
