Eco Wave Power has received a green light from the Port of Los Angeles for the engineering plans of the wave energy project the company is developing in partnership with Shell International Exploration and Production, as well as for other documents submitted. The Port of Los Angeles and AltaSea at t
After winning the first tender by Zero Emission Maritime Buyers Alliance (ZEMBA), Germany’s container shipping major Hapag-Lloyd has selected Nordic energy company Gasum to deliver waste-based liquefied biomethane (bio-LNG) to its vessels during the two-year tender period. On April 16, 2024, ZEMBA,
OceanOpt, a provider of emissions management solutions, has partnered up with DNV Veracity, the data platform from independent assurance and risk management company, DNV, to ‘simplify’ emissions reporting and compliance with the European Union Emissions Trading System (EU ETS) for shipping companies
Malaysian rig owner Velesto Energy has reported solid financial results for the second quarter of 2024, which it attributes to higher utilization and average daily charter rates.
Spanish marine fuel supplier Cepsa has started delivering second-generation biofuels to the cruise industry at the Port of Barcelona. Norwegian Escape, a cruise ship, operated by Norwegian Cruise Line Holdings (NCLH), received the first supply in late July. According to Cepsa, the supplied fuel, pro
Switzerland-headquartered structural performance management software solutions provider Akselos has signed a strategic enterprise agreement with Shell Information Technology, a subsidiary of the UK-based energy giant Shell, to widen their existing collaboration to encircle the energy major’s worldwi
DME Systems, a subsea engineering firm based in Newcastle upon Tyne in the UK, has merged with U.S.-based deepwater geosciences firm, Woocheen, broadening the latter’s expertise and capabilities. DME focuses on the telecommunications and offshore wind sectors by building and modifying subsea vehicl
Based on the 2024 Global Gas Report, the world may face an energy deficit soon, with renewable energy targets at risk of falling through due to insufficient funding allocated to gas and clean energy projects.
The Nigerian National Petroleum Company (NNPC) has started shipping LNG to Japan and China on a delivered ex-ship (DES) basis.
Abu Dhabi-based Fertiglobe, the winner of the first H2Global pilot auction for renewable ammonia, has officially signed a contract with Hintco, an intermediary for purchasing and selling green power-to-X (PtX) products within the H2Global funding mechanism. The agreement is said to represent a pivot
Classification society DNV has issued approval in principle (AiP) to China’s Dalian Shipbuilding Offshore Co. (DSOC) and its industry partners for liquid CO2 (LCO2) carrier vessel concepts. The certificate was issued during the international energy event ONS in Stavanger, Norway, for DSOC’s 12,000 c
Norwegian seismic company TGS has signed a memorandum of understanding (MoU) with Brazilian state-owned energy giant Petrobras to collaborate on scientific research and technological development activities in Brazil. According to TGS, this MoU establishes a strategic partnership between the compani
Technology company Elogen, part of the Gaztransport & Technigaz (GTT) group, has come onboard German offshore wind-to-hydrogen initiative, AquaVentus. Elogen expects to support this industrial development through ongoing undertaking in offshore electrolysis and take a further step in its commitment
The global shipping industry, responsible for approximately 3% of total greenhouse gas emissions, stands at a crucial turning point. To achieve the International Maritime Organization’s (IMO) net-zero greenhouse gas (GHG) emissions target by 2050, clean fuels must be adopted at scale.
