Singapore-based shipping company Ocean Network Express (ONE) has launched a new trial aimed at unlocking the potential of wind propulsion as a sustainable solution for the maritime industry.
Japan’s energy major JERA and Yamanashi Prefecture have agreed to jointly promote building a regional hydrogen value chain that achieves a stable, cost-effective production and supply of both carbon-free power and hydrogen-based fuel by combining their respective strengths, Yamanashi Prefecture’s po
Danish green hydrogen company Everfuel is progressing with work to start up its flagship project HySynergy 1 in the first quarter of 2024 and implement a realigned strategy focused on scaling green hydrogen production. On November 22, the company published its third quarter 2023 financial results, s
Norwegian tanker major Frontline has completed the sale of its stake in Euronav cementing the acquisition of a fleet of 24 ECO very large crude carriers (VLCCs) from the company and formally becoming the largest pure-play tanker owner in the public domain measured by dwt. The transaction is part of
The European Marine Energy Centre (EMEC), the world’s first and leading facility for demonstrating and testing wave and tidal energy converters, has started consultations with its staff to restructure the company.
The Federal Maritime and Hydrographic Agency (BSH), a central maritime authority in Germany, is developing the next generation of electronic nautical charts in an effort to make shipping safer, more efficient and sustainable.
OEUK’s report: Shutting down obsolete North Sea energy installations is a business opportunity worth over £20 billion over the next decade.
London-based marine energy solutions provider KPI OceanConnect has supplied a B24 biofuel blend to Hong Kong-based container shipping company Orient Overseas Container Line (OOCL).
Norway’s Shearwater GeoServices and Brazilian state-owned oil and gas giant Petrobras have entered into a multi-year collaborative technology agreement aimed at reshaping seismic exploration and field developments in Brazil. The commitment will encompass the industrialization of Shearwater’s marine
Danish integrated logistics company A.P. Moller-Maersk and Chinese clean energy company Goldwind have entered into the first large-scale green methanol offtake agreement for the global shipping industry.
MMA Offshore has secured a contract to deliver a range of subsea services in support of decommissioning activities in Timor-Leste. MMA announced that it had been awarded a contract by Timor Gap Drilling And Services, Unipessoal, LDA, a subsidiary of Timor Gap E.P., in association with Santos to prov
In the ever-evolving landscape of maritime innovation, one topic has emerged as a beacon of change and promise – carbon capture in shipping. As global efforts to decarbonize intensify, the role of CO2 capture, liquefaction, and transport is expected to grow in importance, especially in line with the
Which steps need to be taken to enhance the viability of CCUS as a decarbonization tool in the energy transition arsenal?
Horisont Energi, a clean energy company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a non-binding memorandum of understanding (MoU) to continue their collaboration to explore the potential development of a European carbon ca
