Finnish technology group Wärtsilä and Norway-based Höegh LNG, together with other partners, have received funding of approximately €5.9 million (around $6.4 million) from the Norwegian government for the development of ammonia as a hydrogen carrier for the energy market. The funding is part of Norwa
Icelandic energy company Landsvirkjun and global industrial gases and engineering company Linde have signed a collaboration agreement that is expected to facilitate energy transition in Iceland through the development of clean hydrogen and e-fuel projects. Landsvirkjun said the partnership will comb
Japanese chemical company Asahi Kasei, a part of the Asahi Kasei Group, has established a ‘Care for Earth’ investment framework as a new initiative for carbon neutrality by investing $100 million worldwide in early-stage startups that aim to solve issues in environmental fields such as hydrogen, ene
Japan’s Itochu Corporation has decided to make an equity investment in Purus Marine, a recently formed, environmentally focused maritime vessel and infrastructure company. UK-based Purus Marine owns and manages various environmentally advanced vessels. Its business purpose is to provide vessels that
Canada-based Amp Energy, a global energy transition development platform, has signed an agreement with Australian iron ore exploration and mining company Iron Road Ltd. to develop green hydrogen at scale on the Cape Hardy Port precinct. Cape Hardy is located on the east coast of Eyre Peninsula, Sout
Germany-based company Sunfire has installed the world’s largest SOEC electrolyser as part of the MultiPLHY project in Rotterdam, the Netherlands. According to Sunfire, it is the first multi-megawatt high-temperature electrolyser installed for the production of green hydrogen in an industrial environ
The Sustainable Hydrogen Powered Shipping Project (sHYpS), which is centred around the idea of developing a liquid hydrogen (LH2) swappable storage solution for multiple types of vessels, is gaining ground. Launched in the summer of 2022, the sHYpS project gathers 13 partners in six countries with a
The HyVelocity Hub team has put in an official application for funding from the US Department of Energy’s (DOE) $8 billion Regional Clean Hydrogen Hubs programme. The application came after the team received encouragement from DOE to apply for the funding. To note, the team submitted an initial conc
In 2021, LNG was the most popular alternative fuel considered by shipowners for use in the (then) next five years; twice as many as those who said they were considering biofuels. That position has now virtually reversed, with biofuels at the same level of response as LNG in 2021 while LNG has fallen
Dutch tank storage company Vopak has provided updates on its LNG projects, including EemsEnergyTerminal, Gate terminal Rotterdam, and Hong Kong LNG terminal project. EemsEnergyTerminal Vopak’s first update is in regard to EemsEnergyTerminal, an LNG import terminal located in the Eemshaven in the Net
Port of Rotterdam, the Netherlands, has revealed that energy provider Onyx Power plans to build a low-carbon blue hydrogen production plant at its existing site in the port. With a capacity of 1,200 MW, the plant is expected to produce some 300 kilotonne per annum blue hydrogen, and the Rotterdam po
Canadian engineering, logistics, and energy company ATCO, through its investment in Canadian Utilities Limited, is collaborating with Japanese company Kansai Electric Power to develop an integrated clean fuels supply chain between Canada and Japan. The two companies have completed a pre-feasibility
Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact on business operations.
In a significant step towards sustainable and decarbonized shipping, China has launched its first-ever hydrogen fuel cell-powered boat. The vessel named ‘Three Gorges Hydrogen Boat No. 1’ was launched on March 17, in Guangdong, China. The vessel was built by Jianglong Shipbuilding Co. Ltd. for Yangt
