South Korean Samsung Engineering has started front-end engineering design (FEED) work on the Sarawak H2biscus green hydrogen and ammonia project in Malaysia. Together with Lotte Chemical, Korea National Oil Corporation and Malaysia’s Sarawak Economic Development Corporation Energy (SEDC Energy), the
Copenhagen-based technology provider specializing in maritime safety and sustainability Danelec has acquired New York-based maritime technology company Nautilus Labs. “With the acquisition of Nautilus Labs’ AI-based technology platform, we are looking to broaden our scope of impact. Not only do we g
In the ongoing contest for control of South Korean shipping line HMM, Dongwon Group and Harim Group have emerged as the primary contenders, narrowing down the field in this maritime competition. Previous reports indicated that four companies from South Korea were in the bidding race including, SM Gr
Belgian energy infrastructure group Fluxys and its subsidiary Fluxys LNG have opened a call for market interest regarding the expansion and reshaping of the terminal in Zeebrugge for the import of hydrogen and hydrogen derivatives. The call was launched on November 22, 2023, and will run until Febru
Energy conglomerate ČEZ Group has contracted a long-term annual capacity of 2 billion cubic meters at the LNG Stade terminal in Germany, strengthening the energy security of the Czech Republic. The capacity at the terminal has been leased for 15 years, with an option to extend this to 25 years in co
Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-chemical (CPN) has successfully delivered over 2,000 metric tonnes of B24 marine biofuel to a vessel operated by Danish shipping giant Maersk.
Prysmian’s new cable-laying vessel Monna Lisa has reached the hull erection stage, marking the start of assembly and preparing to be launched into the water. The addition of Monna Lisa will expand Prysmian’s installation fleet to six cable-laying vessels and will have installed the same main equipme
The joint Norwegian-German feasibility study on a hydrogen value chain between Norway and Germany has shown that, given a number of assumptions, it is technically possible to establish a value chain for transporting large quantities of hydrogen from Norway to Germany. The study was commissioned by t
The European Commission (EC) has launched the first auction under the European Hydrogen Bank to support renewable hydrogen production in Europe, with an initial €800 million of emissions trading revenues available to producers in the European Economic Area (EEA). The auction, which is funded by the
Fimar, a French company specializing in the arrangement and financing of merchant vessels, is joining the ranks of the partners of the environmental certification program Green Marine Europe.
The consortium of the EU-funded Surewave project has performed wave tank tests of the floating solar concept at the Maritime Research Institute Netherlands (MARIN).
Japanese classification society ClassNK has endorsed a cyclone-type microplastic device co-developed by shipping company Mitsui O.S.K. Lines (MOL) and machinery industry company Miura.
Swedish manufacturer of energy systems for green hydrogen production Metacon has entered into a memorandum of understanding (MoU) with Chinese company PERIC Hydrogen Technologies to establish a strategic partnership for the production and sale of Metacon’s electrolyzers on the Chinese market. The Mo
Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proman, has christened Stena Provident and Stena Progressive, the final two vessels in its initial six-strong methanol-fuelled tanker fleet. The two 49,900 DWT tankers were named at a ceremony held on November 23 at Guangz
