South Korea’s HD Hyundai Marine Solution, a marine solutions provider operating under HD Hyundai, has deployed its AI-powered route optimization system on board domestic commercial vessels for the ‘first time ever’, aiming to slash fuel consumption and harmful emissions. According to HD Hyundai Mari
Renewable energy company SwitcH2 has welcomed a new shareholder on track to finalize the design of its 300 MW offshore floating ammonia project.
Malaysia’s biofuel producer BAC Renewable Energy (BAC RE) has signed a memorandum of agreement (MOA) with compatriot terminal operator TLP Terminal and Singapore-based bulk liquid storage services provider Dovechem Group to develop a bio-LNG and biomethanol hub.
French offshore solar start-up HelioRec has launched the STEWART project, aimed at advancing environmentally friendly floating solar solutions, backed by the European Union and Région Pays de la Loire through the Clean Energy Transition Partnership (CETPartnership). According to HelioRec, the STEWAR
BP has been hired by Oil and Natural Gas Limited (ONGC) to handle the decline in hydrocarbon production levels at a giant oil field in the country’s waters.
Norwegian ammonia distributor Yara Clean Ammonia and Japan’s shipping company NYK Line have concluded what is said to be the “world’s first” time-charter contract for an ammonia-fueled medium gas carrier.
The Oceanic Platform of the Canary Islands (PLOCAN) has joined the Net-Zero Mar Alliance, an initiative aimed at accelerating the decarbonization of the maritime and port sectors.
French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers.
U.S.-based e-fuels provider Infinium and compatriot operator of carbon capture and storage (CCS) facilities Summit Carbon Solutions have entered an arrangement for the supply of up to 670,000 metric tons of carbon dioxide (CO2) annually at a proposed e-fuels facility in North Dakota or South Dakota.
A subsidiary of UK-based AIS, AIS do Brasil, has secured a contract with what is described as a “leading Brazilian national oil and gas company,” to supply installation buoys for offshore operations in an oil field development in Brazil. According to AIS, the installation buoys are designed for deep
The UAE-based terminal operator AD Ports Group has signed a shareholders’ agreement with French shipping and logistics major CMA CGM Group, through its subsidiary CMA Terminals, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville.
Australia’s NH3 Clean Energy, formerly Hexagon Energy Materials, has completed the engineering component of its preliminary front-end engineering and design (pre-FEED) work for its flagship WAH2 clean ammonia project.
Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs). The two companies teamed up through the COMPACT project, combining expertise in wave energy and off
Finnish shipping company Viking Line, compatriot Port of Turku and Swedish Ports of Stockholm have been working together for a year on a project which aims to establish a green, fossil-free shipping corridor between Stockholm and Turku.
