Nuclear power should be taken seriously as a credible and scalable solution for the maritime industry’s decarbonization drive, with the potential to ‘reshape’ the sector’s future energy mix, American Bureau of Shipping (ABS) Chairman and CEO Christopher J. Wiernicki has said. As Wiernicki highlighte
Clear regulatory signals, greater investment and cooperation among governments, industry and financial actors will be essential to driving the shipping industry’s transition, the United Nations Conference on Trade and Development (UNCTAD) said.
Industry stakeholders will gather in Aberdeen next month to explore the UK’s multi-billion-pound wave and tidal energy potential. The Marine Energy 2025 event, organized by Global Underwater Hub (GUH) in partnership with the UK Marine Energy Council (MEC), will take place at GUH’s office in Westhill
LONGi Hydrogen has signed an equipment supply agreement with an undisclosed customer to provide one set of LONGi ALK Hi1 electrolyzer and its Balance of Plant (BoP) for a green hydrogen project in Namibia.
Indonesian state-owned company PT Pertamina International Shipping (PIS) has unveiled its latest strategy to seize opportunities in international carbon shipping, signaling its readiness to support the development of the carbon capture and storage/carbon capture utilization and storage (CCS/CCUS) se
Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a partnership between The CSL Group and Offshore Wind Logistics (OWL), has commenced construction of its first subsea rock installation (SRI) vessel. The company announced in November 2024 that it had placed an order for the constructio
ITOCHU has entered into a joint development agreement with TORAY Industries and Uyeno Transtech for an ammonia bunkering hub.
Woodside partnered with JSE and KEPCO to initiate the development of a liquid hydrogen supply chain between Australia and Japan.
Norway’s state-owned energy giant Equinor has awarded a contract to French cable systems designer and manufacturer Nexans for the delivery of new electrical umbilicals to replace cables that have been operational for over 25 years at its field in the Norwegian Sea. Nexans is scheduled to deliver the
Japanese pharmaceutical company Takeda and French shipping company VELA Transport have entered into a business partnership that will enable Takeda to transport its products between Europe and the U.S. using the latter’s first-of-its-kind sailing cargo trimaran.
A new case study from Swedish wave energy developer CorPower Ocean highlights the role of wave energy in achieving the lowest-cost 24/7 clean energy in northern Scotland. According to CorPower Ocean, wave energy consistently reduces system costs, installed capacity, and storage requirements across s
Methanex Corporation, a Canadian producer and supplier of methanol, has entered new strategic bunkering partnerships in two major fueling hubs – the Amsterdam-Rotterdam-Antwerp (ARA) region and South Korea.
With the first two units delivered and already in commercial operations, Norway’s Reach Subsea has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4. The specifications for Reach Remote
TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, a
