The Netherlands-based marine robotics manufacturer and shipyard RC Dock has unveiled its first fully classed uncrewed surface vessel (USV) designed for inspection, maintenance, repair (IMR) and survey operations. The 12-meter catamaran is equipped with an in-house developed launch and recovery syste
Australian Provaris Energy has appointed Germany-based DGWA, the German Institute for Asset and Equity Allocation and Valuation (Deutsche Gesellschaft für Wertpapieranalyse GmbH) as its investor relations advisor in Europe. Provaris said the appointment seeks to develop and maximize the value of the
Woodside has entered into a sale and purchase agreement with LNG Japan for the sale of a 10 per cent stake in the Scarborough Joint Venture.
Green methanol is rapidly emerging as a transformative marine fuel, leading the charge in the maritime industry’s quest for sustainable and eco-friendly shipping operations, it is quickly becoming a prominent contender in the race to decarbonize the sector. As the imperative for decarbonization of t
Greek containership owner Danaos Corporation has ordered the construction of two methanol-ready 8,258 TEU containerships set for delivery in 2026. The company said the order was placed in June but did not disclose the name of the shipyard that secured the deal. The latest order brings Danaos’ newbui
Sungrow, a global inverter and energy storage system solution supplier, has signed a contract with Indian Larsen & Toubro (L&T) to supply inverter skid solutions for a 2.2 GWac PV plant for the NEOM green hydrogen project in Saudi Arabia. NEOM Green Hydrogen Company (NGHC), a joint venture created b
Santos inked a memorandum of understanding with TIMOR GAP to explore partnership opportunities for the proposed CCS project in the Timor Sea.
Indian Register of Shipping (IRS) and Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL), a private limited state government company incorporated in India, have signed an MOU for classification and certification of solar-electric boats. The Mou is expected to provide the requisite fillip in the promotion
The German Environmental Aid (Deutsche Umwelthilfe – DUH) has filed a lawsuit against the operation of the LNG terminal ship Neptune in Lubmin on the Baltic Sea as it considers it illegal. With the lawsuit at the Federal Administrative Court, the DUH is demanding that Deutsche ReGas revoke the licen
Japan’s Mitsubishi Heavy Industries (MHI) has started operations at Nagasaki Carbon Neutral Park, a center dedicated to the development of MHI Group’s energy decarbonization technologies. Located in Nagasaki, the new base is expected to progressively expand over the coming years, and according to MH
Aker Solutions, Subsea 7 and SLB have obtained all required regulatory approvals from competition authorities for the establishment of a subsea joint venture (JV). “We are now a big step closer to day 1 for the coming world-class subsea company Aker Solutions are establishing together with SLB and S
According to the latest data from DNV’s Alternative Fuel Insights (AFI) database, the month of July saw the addition of 14 LNG-fueled ships. Still, the real star of the show was methanol, with a staggering 48 methanol-fueled ships, including retrofits, joining the ranks. The July orders have pushed
As the demand in the container shipping sector normalizes after a massive surge during COVID-19, the industry majors are reporting lower earnings and bracing for the upcoming period trying to keep discipline in Capex spending. Industry major Maersk reported a better-than-anticipated quarterly profit
In the midst of a thriving shipbuilding upcycle fueled by the global decarbonization drive, Singapore-listed shipbuilder Yangzijiang Shipbuilding has secured a staggering $5.76 billion worth of orders for 72 vessels in the first half of 2023. The strong demand for clean energy vessels has been a sig
