Athens-based pure-play Capesize vessel owner Seanergy Maritime Holdings Corp. announced that its existing fleet will remain compliant with applicable greenhouse gas (GHG) regulatory requirements until 2030 with no material cost for the company. The conclusion comes on the back of an evaluation of th
State-owned oil companies could waste around $400 billion on investments in the next decade on new oil projects that will struggle to turn a profit as the world shifts away from fossil fuels, NRGI said in its latest research.
The progress made by DEME and Van Oord joint venture in Poland can easily be seen from space. At the Świnoujście-Szczecin fairway dredging project, two circular islands, which will serve as natural habitats, are gradually rising out of the water. The outline of the northern island is nearing compl
Canadian energy storage solutions provider Sterling PlanB and India state-controlled shipyard Garden Reach Shipbuilders and Engineers (GRSE) have signed a memorandum of understanding (MOU) to facilitate an increase in access to hybrid and fully electric propulsion and power solutions expertise throu
Norwegian firm Østensjø Rederi has secured new contracts for three offshore construction vessels. Namely, Østensjø Rederi and subsea services player DeepOcean have agreed new contracts for Edda Fauna and Edda Flora. The new contracts will commence in Q1 2021 and will secure firm utiliSation until en
Norwegian fertilizer company Yara International ASA revealed it is taking further steps to enable the hydrogen economy by establishing a new global unit – Yara Clean Ammonia.
Intertek has landed a contract with Sun Cable to provide marine survey client representation services to assure quality and safety of the Australia-ASEAN Power Link (AAPL). The AAPL is a proposed 3,750-kilometre international offshore infrastructure project bringing renewable solar energy from North
Tekmar Energy has won a contract to supply its cable protection systems for the Kaskasi offshore wind farm in Germany. The Kaskasi offshore wind farm is a 342MW wind project located in the German North Sea. Construction work will start in Q3 2021, with full project commissioning planned for 2022. On
Seaspan Corporation, a Hong Kong-based owner and operator of containerships and a subsidiary of Atlas Corp, has entered into an agreement with an undisclosed shipyard for two 24,000 TEU newbuild containerships.
BAE Systems to power University of Vermont research vessel with emission-reducing electric power and propulsion system.
French cleantech company Ecoslops has unveiled a new environmentally-friendly initiative aimed at producing bunker fuel from oily waste in Ghana. On 8 February 2021, the company announced the signature of the fourth letter of intent for its petroleum residue recycling (P2R) solution called Mini P2R,
Oil and gas exploration firm Providence has secured the approval from the Irish government to undertake a seabed and shallow geophysical survey and an environmental baseline and habitat assessment survey, at the K-Site location, Barryroe in the North Celtic Sea. The offshore survey, when completed l
German liner company Hapag-Lloyd has concluded two green financial deals worth a total of $889 million. The financing will be used for six ultra-large 23,500 TEU container ships, which were ordered in December 2020. The company said that the two deals include debut transactions according to the Gree
Finnish shipping companies ESL Shipping and Meriaura are participating in a consortium that recently launched the E-fuel research project in Finland.
