Italian shipowner Fratelli Cosulich and PETCO Trading Labuan Company Limited (PTLCL), a trading arm of Malaysian energy major Petronas, have signed a two-year charter agreement for Paolina Cosulich, Fratelli’s latest LNG bunker barge. Operating under PTLCL, the bunker barge will cater to the increas
Australia-based green energy, technology and metals company Fortescue has allocated Tecnimont, a business unit of Italy’s Maire, a front-end engineering design (FEED) work for the green ammonia plant in the Nordgulen fjord in Norway. The scope of work entails the design of electrolyzer integration,
The Australian government’s consultation paper aims to come to grips with a brewing cauldron of uncertainty surrounding the offshore regulatory approvals system.
Carnegie Clean Energy’s MoorPower demonstration project has started operating at the offshore test site in North Fremantle, Western Australia. The technology is expected to reduce the requirement for fossil fuels, reduce carbon emissions, reduce risk and drive down cost. The MoorPower Demonstrator d
German tugboat operator Fairplay Towage Group has been nominated towage provider for the floating LNG terminals in Brunsbüttel, Stade and Wilhelmshaven by Deutsche Energy Terminal (DET), which, on behalf of the German Federal Ministry for Economics Affairs and Climate Action, operates LNG terminals
Japanese conglomerate Kawasaki Heavy Industries (KHI) achieved a major milestone with the recent delivery of what has been described as the world’s first gas engine hybrid propulsion system designed for a bulk carrier that utilizes a gas engine as the main means of propulsion. The system combines a
The Netherlands-based shipbuilding powerhouse Damen Shipyards Group (Damen) is spearheading a major initiative to construct four new hybrid electric Island Class vessels for BC Ferries in Canada. Damen, the same shipyard that built BC Ferries’ previous six Island Class ferries, is set to construct t
Spanish logistics company for liquid products Exolum has completed the acquisition of a 50% interest in Vopak Moda Houston (VMH), an ammonia storage, import and export terminal located on the Houston Ship Channel, from U.S. Moda Midstream. The operation took place after obtaining approval from the c
UAE-based port operator AD Ports Group has teamed up with French shipping major CMA CGM Group and Ecocean, an innovative company serving aquatic biodiversity, on a scientific cooperation journey. The alliance aims to breathe new life into Khalifa Port through the installation of 48 Biohuts, creating
McDermott has secured an offshore contract from Malaysia Marine and Heavy Engineering (MMHE) for the first carbon capture and storage (CCS) project located offshore Malaysia. Under the scope of the contract, McDermott will perform transportation and the structural installation of a 138-kilometer pip
Spanish materials technology company Matteco has become a member of the industry organization Hydrogen Europe. Matteco said the company’s commitment to sustainable innovation aligns perfectly with the mission of Hydrogen Europe, adding that with its next-generation catalysts and electrodes for elect
BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled.
Norwegian subsea services provider DeepOcean and oil and gas player Aker BP have completed subsea trials with an autonomous inspection drone (AID) at an Aker BP-operated field in the central North Sea. As part of a ten-day inspection campaign, Aker BP and DeepOcean inspected subsea trees and other s
Japan’s Kawasaki Heavy Industries is set to issue transition bonds, with funds raised through public offerings of these bonds domestically within Japan to be used for projects related to the clean transport and storage of hydrogen and clean energy utilization of hydrogen. Specific solutions include
