eFuels company HIF Global and energy company Idemitsu Kosan have made a strategic cooperation agreement to accelerate the production of carbon-neutral eFuels. According to the companies’ statement, the cooperation will focus on the purchase of eFuels by Idemitsu from HIF eFuels facilities worldwide,
Inter Terminals Sweden (ITS), part of Inter Terminals, one of the largest independent bulk liquid storage providers in northern Europe, is collaborating with the Port of Gothenburg to introduce methanol bunkering services in the port by the end of 2023. ITS revealed that preparations are ongoing to
A very large crude carrier the Nautica, bought last month by the UN Development Programme (UNDP) from Euronav, as part of UNDP’s coordinated operation to remove oil from decaying FSO Safer, has set sail from Zhoushan, China heading for the Red Sea. The Nautica was in drydock in Zhoushan, China for r
Ipsos has asked respondents in 28 countries around the world to complete a ranked ballot of eight oil-producing nations.
Norwegian chemical tanker company Stolt Tankers, a subsidiary of Stolt-Nielsen, has signed a two-year agreement with Canada-based Graphite Innovations & Technology (GIT). Under the deal Stol Tankers will apply GIT’s XGIT-PROP graphene-based marine coating to the propellers of 25 ships during 2023. G
In a significant step towards sustainable and decarbonized shipping, China has launched its first-ever hydrogen fuel cell-powered boat. The vessel named ‘Three Gorges Hydrogen Boat No. 1’ was launched on March 17, in Guangdong, China. The vessel was built by Jianglong Shipbuilding Co. Ltd. for Yangt
French company SolarinBlue has secured permit from the Indian government for a 1MWp offshore solar farm in the Arabian Sea, near the city of Mangalore.
England-based CRP Subsea, part of AIS, has secured a contract to deliver cable protection services for an HVDC submarine cable project offshore United Arab Emirates in the Arabian Gulf. More than 6 kilometers of Uraduct will be used at the cable crossings and platform approaches on the HVDC system,
World’s largest chemical producer BASF has installed a floating solar system, designed and constructed by Noria Energy, at its manufacturing site in the United States.
The global maritime industry faces unprecedented challenges due to rapidly changing market conditions and technological advancements driven considerably by the ever-stricter environmental regulations. The current model of maritime transport operations, which relies heavily on traditional practices,
Partnership Terranova Hydrogen NV, comprised of Jan De Nul Group, DEME Group, and Aertssen Group, has joined forces with Luminus and Nippon Gases to build and exploit an installation for the production of green hydrogen on the ‘Zonneberg’ in Zelzate, Belgium. The partnership announced they want to w
Motion Ventures, a Singapore-based maritime venture investment fund, has welcomed 10 maritime corporations to its corporate consortium. The latest corporate investors joining the fund are Lloyd’s Register, Marine Traffic, Meratus Group, Stolt-Nielsen Limited, ShipsFocus, Jurni Capital, TaiShip, Pang
Canada’s Hamilton-Oshawa Port Authority (HOPA), an integrated port network, has signed a memorandum of understanding (MoU) with Atura Power, a subsidiary of Ontario Power Generation (OPG), to acquire green hydrogen. HOPA, the largest Port on the Great Lakes operating multi-modal transportation facil
A new report by University Maritime Advisory Services (UMAS), an independent advisory and research consultancy specializing in maritime and ocean-related sustainability issues, sheds light on the pressing need for a significant improvement in energy efficiency in the global shipping industry by 2030
