FlagshipONE, the largest green electrofuel (e-fuel) facility in Europe with a final investment decision (FID) in place, will soon enter the construction phase. Swedish Liquid Wind, the original developer of the project, has revealed that the groundbreaking for the project will start on 24 May 2023 i
China Merchants Energy Shipping (CMES) has signed a deal with China Merchants Industry for the construction of two methanol-powered dual-fuel Roll-on/roll-off (RORO) ships. The company said that the contract for the two firm 9,300 CEU RoRo vessels includes options for additional four ships of the sa
HyEkoTank project partners have discussed the procedures that the consortium will follow during the project’s implementation period as well as the work to be carried out in the upcoming period. The consortium includes TECO 2030 AS, Shell International Exploration and Production Bv, Fartygskonstrukti
MEYER Group, an international consortium specializing in cruise shipbuilding, has presented a cruise ship concept that manages without fossil fuels. MEYER presented the “Reverse” concept – a concept that shows what a cruise ship could look like in the year 2100 – at the global cruise trade fair in F
Antwerp Terminal Services (ATS), a joint venture between MSC PSA Europe Terminal (MPET) and PSA Antwerp (PSAA), today officially launched the world’s first H2 dual fuel straddle carrier in the Port of Antwerp. The straddle carrier uses H2 dual fuel combustion engine technology, developed by Antwerp-
New report by IEEFA points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices.
Chinese oil and gas player CNOOC and French energy giant TotalEnergies have completed China’s first yuan-settled LNG trade through the Chinese energy trading centre Shanghai Petroleum and Natural Gas Exchange (SHPGX). According to SHPGX’s statement from 28 March, TotalEnergies supplied CNOOC with ap
The end of March has been eventful for Norden as it partnered up with Spar Shipping on the use of biofuel and acquired Capesize vessels to improve its portfolio of freight service solutions towards its dry-segment customers. Norden and Spar Shipping, both Danish companies, have bunkered approximatel
Italian energy giant Eni has created a new venture called Enivibes, dedicated to increasing the market value of its proprietary vibroacoustic pipeline monitoring system technology. The establishment of the new venture comes as Eni wishes to enhance the market value of its proprietary technology call
Korean Register (KR) has signed a memorandum of understanding (MOU) with Microsoft Korea to collaborate on digital transformation and enhance their technological capabilities. KR said the aim was to digitally transform the shipbuilding and maritime industry by leveraging fourth-industrial revolution
A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.
Swedish company Ocean Harvesting Technologies has teamed up with experts in model-based predictive control to increase the performance of InfinityWEC in the upcoming sea trials.
The adoption of alternative, low-carbon fuels in the shipping industry is one of the key aspects of achieving the goal of mitigating the impact of international maritime trade on air pollution and the emission of greenhouse gas. Cost is a particularly important consideration, as the adoption of new
The UK Government has selected eight successful bidders in the second phase of the carbon capture, utilization and storage (CCUS) cluster sequencing process to proceed to negotiations for support through relevant business models. Following the selection of HyNet and East Coast Cluster as Track-1 CCU
