Swiss marine power company WinGD, part of CSSC Group, is expecting to secure the majority of dual-fuel engine orders for LNG carriers being built in the second phase of QatarEnergy’s newbuilding project.
Istanbul-headquartered specialized ship manager Chemfleet revealed that it has achieved around 10% in fuel savings after installing an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda. The Swedish propulsion company said that the replacement of the existing control
Australian engineering company Worley has signed a new global framework agreement with UK-headquartered energy giant BP to provide engineering, procurement, and construction management services (EPCM) covering BP’s global refinery assets and new energy portfolio. According to Worley, the five-year a
Bermuda-based ship-owning and chartering company Ship Finance International Limited (SFL) has taken delivery of 7,000 CEU Odin Highway, its latest LNG dual-fuel car carrier. The vessel, part of a two-ship order, has been contracted by Japanese shipping major K-Line under a 10-year time charter agree
The first stage of what is said to be the largest floating solar plant in Brazil has been inaugurated in the State of São Paulo. The UFF Araucária project is located at the Billings dam and is being developed by Empresa Metropolitana de Águas e Energia (EMAE) and KWP Energia. The first stage, coordi
South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), secured its first order for 2024 with an agreement to build two 93,000 cbm ultra-large ammonia carriers equipped with eco-friendly technology. The vessels, valued at approximately KRW 331.2 bill
Jörg Singer, chairman of German offshore wind-to-hydrogen initiative AquaVentus has called for a timely tender for the expansion of offshore electrolysis, saying that the imminent start of the auction for the Noth Sea region SEN-1, a 100 km2 area in the North Sea designated for hydrogen production,
EverLoNG ship-based carbon capture project partners Bouman Industries and Conoship International have signed an agreement to create a joint venture that would build ship-based carbon capture (SBCC) systems. The new partnership, called Carobotreat Maritime, aims to use its combined expertise to help
China-based provider of clean energy services Wison New Energies, formerly known as Wison Offshore & Marine, has initiated the design validation and pre-FEED phase for two floating LNG (FLNG) projects in Nigeria. Following the signing of the contract and disbursement of mobilization funding, Wison N
Japan-headquartered Sumitomo Electric Industries has received approval for its plans to establish a power cable factory in Scotland. The Highland Council’s north planning applications committee approved the planning permission for the new high-voltage cable factory near Inverness last week. The deve
Danish container shipping major A.P. Moller – Maersk has announced that compatriot retail company Flying Tiger Copenhagen will join its roster of customers utilizing the ECO Delivery solution for ocean freight transport, beginning in 2024. The strategic move aims to significantly curb Flying Tiger C
Corvus Energy, a supplier of zero-emissions energy solutions or maritime, offshore, and port applications, has secured an investment from Woven Capital, Toyota’s growth fund, to speed up the development of its battery storage and hydrogen fuel cells and expand its geographical footprint. Corvus and
Taiwanese shipping company Wisdom Lines is starting 2024 with a $80 million investment in two 84,000 dwt bulk carriers. The company revealed that its Board of Directors approved the purchase of the vessels, which are set to be constructed by Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the
French green hydrogen producer Lhyfe and UK renewable energy developer Source Galileo have entered into a joint agreement to develop commercial-scale green and renewable hydrogen production units in the UK and Ireland. To this end, the companies signed a memorandum of understanding (MoU), aiming to
