GKinetic Energy and Torishima Service Solutions Europe have signed a letter of intent (LOI) to jointly develop a partnership structure and commercial model for global roll out of hydrokinetic technology.
Mitsubishi Corporation (MC), a global integrated business enterprise, has established a new company, Eneco Diamond Hydrogen, to develop green hydrogen and associated renewable energy in Europe. The new company is a joint venture between MC and its subsidiary Eneco, an integrated energy company headq
Utilizing nuclear power could become a catalyst for the growth of alternative fuel infrastructure projects and the ship orders to go with it, according to Principal of Sea/Switch Partners and Partner in the ETFMG Breakwave Sea Decarbonization Tech ETF, BSEA, Hal Malone. As explained, shipping decarb
The HOPE (Hydrogen Offshore Production for Europe) project, which aims to develop, build and operate the first 10 MW offshore hydrogen production unit in the North Sea, off the coast of Belgium by 2026, has received a €20 million (around $21.8 million) grant from the European Commission (EC). The HO
The University of Oxford, along with two other universities and over twenty industry stakeholders and regulatory bodies, will work together on an ambitious €8.1 million project that will address the key challenges currently preventing the tidal energy sector from reaching its full potential.
This week marks a significant milestone for Maersk as its first methanol-powered container vessel undergoes crucial sea trials. The rigorous testing phase will be taking place off the picturesque Korean coast, near Ulsan. The 2,100 TEU container vessel is being built by South Korea’s Hyundai Mipo Do
The report on the potential of tidal stream energy to support sustainable growth in the UK, published by Grantham Research Institute on Climate Change & the Environment, has concluded that this form of energy can serve as an effective complement to wider efforts on both net zero and energy security.
Swedish ferry operator Stena Line has hired technology group Wärtsilä to convert some of its vessels to operate with methanol fuel. The conversions will include the fuel supply system and engine modifications, as well as integrating the new installations with the ships’ existing systems. The contrac
Energy infrastructure company Gasunie has taken the investment decision for the first part of the Dutch national hydrogen network. Gasunie said the section is being developed by its subsidiary Hynetwork Services, which was commissioned by the government last year. The investment exceeds €100 million
TotalEnergies Marine Fuels and Green Marine Bunkering have entered a memorandum of understanding (MOU) on a joint development study on methanol as a new marine fuel in Singapore. Under the partnership, TotalEnergies Marine Fuels and Green Marine Bunkering will study the feasibility to implement a vi
A joint study into ammonia safety onboard ships undertaken by the Lloyd’s Register (LR) Maritime Decarbonisation Hub and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), has found that a range of mitigation methods, from ship design to crew training and operations, are required
RINA, the inspection, certification and consulting engineering company, and AFRY, a company specialized in engineering, design and advisory services, have undertaken an initial study of how the Gulf region and Europe could be linked directly with a pipeline to transport low-carbon hydrogen, and the
In its new report “Electric Boats & Ships 2024-2044,” technology company IDTechEx has provided granular 20-year forecasts in unit sales, battery demand and battery market value for the electric ferry, electric cargo/container, electric Ro-Ro, electric cruise, electric OSV, electric tugboat and elect
Shortly after Bangladesh, Liberia has acceded to the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships enabling the treaty to finally enter into force. The Hong Kong Convention aims to ensure that ships when being recycled after reaching the end of their operational live
