Europe and the United States have set in place a number of funding programs designed to boost and accelerate the development of a very diverse ‘clean energy sector’, which is being backed by significant initiatives from the major players coming from the more established maritime and oil and gas indu
Dutch sustainability firm Value Group, which brings together sister companies Value Maritime and Value Carbon, revealed that Shell Ventures has joined Value Group’s investor base to accelerate and expand Value Group’s carbon capture utilisation and storage strategy. Shell Ventures, the corporate ven
The US Department of Energy (DOE) and the Department of the Interior (DOI) have unveiled plans to collaborate and jointly fund research to further support durable and environmentally responsible offshore wind and marine energy deployments in the United States.
Researchers from the National Renewable Energy Laboratory (NREL) and Pacific Northwest National Laboratory (PNNL) have developed a more comprehensive and accurate methodology to measure the wave energy available in ocean sites around the world.
Finnish marine technology supplier Wärtsilä and Swedish shipping company Furetank are co-developing and testing two technologies showing the potential to halve the methane slip of LNG-fueled ships. Methane slip on LNG-powered vessels refers to the unintentional release of methane, a potent greenhous
A collaborative renewable subsea power project, run by Mocean Energy and Verlume, alongside Baker Hughes, Serica Energy and others, has completed an initial four-month test program and secured extension for further testing in the North Sea.
COSCO SHIPPING Heavy Industry Technology (Weihai) has won test approval clearance for the company’s ammonia fuel supply system prototype. The marine product test approval was awarded by the China Classification Society (CCS) Qingdao Branch after the system successfully cleared its acceptance test. T
Technology group Wärtsilä has added carbon capture and storage (CCS) feasibility studies to its portfolio of products intended for shipowners and operators. The company has already conducted a number of studies on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container
The first wing sail from Oceanbird, Wing 560, has received Approval in Principle (AiP) from the classification society DNV.
SM Korealine Co., a shipping unit of South Korea’s SM Group, revealed on Monday that its subsidiary Korealine LNG has received official authorization from its flag state of Panama for autonomous sailing operations of its liquefied natural gas (LNG) bunkering ship, named the SM Jeju LNG 2. The LNG bu
DNV classification society has issued a letter of professional opinion confirming that ERMA FIRST’s alternative maritime power (AMP) system, BLUE CONNECT, meets the requirements for categorisation as an ‘energy-saving device’ (ESD). In the same document, DNV recognises BLUE CONNECT’s ability to impr
Japanese shipping heavyweight Kawasaki Kisen Kaisha (K Line) has started using AIplicity Chat Powered by ChatGPT API (AIplicity Chat) provided by Japan Business Systems, Inc. across its offices in Japan. The system is an AI chat service based on the Azure OpenAI Service which Microsoft offers on its
South Korea’s shipbuilding major HD Korea Shipbuilding & Marine Engineering (HD KSOE), the intermediate holding company for shipbuilding under HD Hyundai, has constructed and delivered the world’s first ship equipped with an ‘AI engineer’. The company has delivered and installed an AI-based engine a
When it comes to tweaking existing industrial processes to curb carbon emissions, numerous steps are being taken.
