Belgian tanker shipping major Euronav has filed an application request for arbitration on the merits in relation to Frontline’s termination of the combination agreement. “This request on the merits follows the request for emergency arbitration that was announced by the company’s press release dated
Germany’s Federal Minister for Economic Affairs and Climate Protection and Vice-Chancellor Robert Habeck and the Australian Minister for Energy and Climate Protection Chris Bowen have agreed to intensify cooperation between the two countries in the area of climate and energy. The focal points of t
San Bernardino Ocean Power Corporation (SBOPC) has launched a request for proposals for the engineering, procurement, and construction (EPC) contract for its Capul Island Ocean Power Project.
Dutch startup Circular Maritime Technologies (CMT) has received a cheque for the €1.7 million grant from the Kansen voor West subsidy program, which is largely financed by the European Regional Development Fund. The company said that the financing would be used for the first steps of CMI’s test and
Technip Energies, an engineering and technology company, has signed two separate Memorandums of Understanding (MoU), one with PCL Industrial Management, a group of independent construction companies, and another with Capital Engineering, a company offering multi-discipline consulting engineering and
The government of Western Australia (WA) and the Japan Bank for International Cooperation (JBIC), a policy-based financial institution wholly owned by the Japanese Government, have signed a Memorandum of Understanding (MoU) that focuses on hydrogen, ammonia, low-emission technology, and decarbonisat
Norway’s network for hydrogen-based solutions for the maritime sector Ocean Hyway Cluster has welcomed H2Carrier AS, the designer and owner of the proprietary floating energy production and storage system P2XFloater™, to its cluster. During the chat with the Cluster, Sebastian Kihle, Chief Technolog
Japanese companies Idemitsu Kosan, Hokkaido Electric Power (HEPCO), and Japan Petroleum Exploration (JAPEX) have come together for a joint study for implementing carbon dioxide capture, utilisation, and storage (CCUS) in the Tomakomai area of Hokkaido, Japan, leveraging each company’s business sites
The partners in the €19.6 million WEDUSEA wave energy project have made significant progress in the engineering and design scope of development, building on learnings from previous wave energy initiatives.
Setting up a fully automated line for the joint production of ship parts by the Northern Netherlands maritime sector for the benefit of Northern shipyards is technically, financially, and organizationally feasible, a study shows. The feasibility study, ‘Shared Facility micro panel line for the North
Official results from the pan-European EVOLVE project involving world-leading academics, research institutions and technology developers have been released, providing a firm evidence base supporting the acceleration of ocean energy in Europe’s future energy system.
Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.
A group of eight marine insurers has released the first Annual Disclosure Report for Poseidon Principles for Marine Insurance, disclosing the climate alignment of their hull and machinery portfolios. The report surveys the portfolios of the framework’s signatories in what has been described as a ‘la
Turkey’s floating power plant company Karpower International (Karpowership) has signed a memorandum of understanding (MoU) with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and accelerate the use of floating power stations to alleviate the nation’s
