SCHOTTEL Marine Technologies, the new company name for Germany’s AQUOS SCHOTTEL Marine Technologies and Scotland’s Swift Anchors, has integrated its operations to ramp-up deployment of its anchoring solutions for floating offshore renewables.
Marine Energy Wales’ project manager Jay Sheppard outlines his thoughts on how the current Contracts for Difference funding mechanism for low carbon electricity could be improved.
A fleet of 55 carbon dioxide (CO2) carriers will be required by 2030 to meet the upcoming demand from the offshore storage projects, according to Rystad Energy, which estimates that more than 90 million tonnes per annum (tpa) of CO2 will be shipped by the end of the decade. The estimated volume will
Wood Mackenzie’s report shows that the FLNG sector is thriving and ready for new capacity with Africa positioned at the heart of this growth.
Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has entered into a strategic partnership with oil major Aker BP to develop a fully comprehensive carbon capture and storage (CCS) offering for industrial CO2 emitters in Northern Europe. Under the agreement, the two companies plan to c
Voyages through the Northern Sea Route (NSR) have long been on the radar, but recent developments indicate that Russia is now aiming to establish year-round sailing on this strategic maritime pathway as early as 2025, Gibson Shipbrokers said in a recent report. This ambitious goal comes as Russia se
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.
While Westwood believes that a newbuilding cycle will not happen anytime soon, any new rig orders are likely to be for jack-ups.
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.
The financial cost of building an ammonia-powered gas carrier is poised to outstrip that of an equivalent gas carrier by a staggering 50 to 130 percent over the forthcoming years. The estimate builds upon findings from interviews with actors across the ship finance space including banks, funds, priv
Irish fintech company Exceedence has launched a crowdfunding campaign on Seedrs platform, aiming to raise €500,000 to advance its software solution exfin that can help accelerate the roll out of offshore wind, wave and tidal energy projects.
An impressive majority of 68 percent of Finnish maritime respondents who participated in a recent survey have expressed their willingness to pay more money in exchange for emission reduction on their travels. The EPSI Rating’s Passenger Transport 2023 survey examined the customer experience and cust
Slowly but surely the world’s first containership powered by green methanol is making its way from South Korea to its final destination of Copenhagen where it will be christened in September. The 2,100 TEU boxship, built by Hyundai Mipo Dockyard, has arrived in the Port of Rotterdam, the final stop
The Board of Directors of China Merchants Energy Shipping (CMES) has voted in favor of constructing a new methanol dual-fuel Very Large Crude Carrier (VLCC). The construction of the vessel, which would be the world’s first methanol-powered VLCC, is expected to take place at Dalian Shipyard and the p
