Hydrogen projects face risks from uncertainties of future hydrogen demand and high costs, and the EU is likely to miss the 2030 strategic goal of 20 Mt renewable hydrogen consumption, according to a hydrogen monitoring report from the European Union Agency for the Cooperation of Energy Regulators (A
Danish ferry and logistics company DFDS has completed the acquisition of the international transport network of Ekol Logistics, headquartered in Türkiye’s capital city of Istanbul. As disclosed, DFDS purchased the Turkish logistics player for a debt-free price of DKK 1.8 billion (about €240 million)
Wind propulsion specialist Norsepower has completed the installation of two rotor sails on Oceanus Aurora, a dual-fuel very large gas carrier (VLGC) owned by Japanese shipping company IINO Kaiun Kaisha (IINO Lines) and chartered by Austrian chemical company Borealis. Under the contract from March 20
Norwegian ocean services provider DeepOcean has secured what it says is its largest contract on record which includes the provision of subsea inspection, maintenance and repair (IMR) for compatriot state-owned energy company Equinor, keeping it busy for eight years, from 2027 to 2035. DeepOcean said
Hamburg-based H2Global, a foundation dedicated to accelerating the emergence of markets for clean hydrogen and other low-emissions technologies, and the Solar Energy Corporation of India (SECI) have signed a memorandum of understanding (MoU) to build cross-border hydrogen collaboration. The MoU sign
Aberdeen-based energy services company THREE60 Energy has secured a six-year, multi-million-pound contract to lead what it says is the UK’s first multi-asset decommissioning scope. As part of a contract with a major North Sea operator awarded following a competitive tender process, THREE60 Energy sa
Multi-stakeholder initiative Resilience4Ports has launched the first sectoral, action-based commitment to enhance and accelerate the resilience of ports from the effects of climate change.
Singapore-based ship owner and operator BW LPG has taken delivery of the second of twelve very large gas carriers (VLGCs) acquired from Norwegian shipping company Avance Gas under the $1 billion deal in August 2024. At the same time, the company is pressing ahead with its fleet renewal program throu
Energy and marine consultancy ABL has expanded into New Zealand with the aim of supporting the country’s maritime and offshore energy markets. ABL New Zealand, located at Mount Maunganui, will offer the full range of energy and marine consultancy services, with a particular focus on marine surveying
Norway-based classification society DNV has signed a memorandum of understanding (MoU) with Seatrium, a Singaporean engineering solutions provider to the offshore and marine industries, to cooperate on strategic activities and projects in the areas of engineering, technology and new product design.
Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalyzed by public and private action – have rapidly expanded in popularity worldwide but progress could stall without urgent action from governments to overcome a “feasibility wall”, according to a
Shipowners worldwide see uncertainty as a major barrier to shipping’s energy transition, with tightening regulations forcing decisions despite unclear policy pathways, a survey done by the UK’s design and engineering consultancy Houlder showed. As disclosed, two years after its previous interviews,
Norwegian company Hystar has officially inaugurated its hydrogen technology HyPilot project at the Kårstø gas processing plant in Rogaland.
Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE) has launched the tender for the country’s second high-voltage direct current (HVDC) cable system, a project that will integrate the Dodecanese Islands into the mainland high-voltage grid. The tender f
