Classification society DNV has issued approval in principle (AiP) to Norway-based H2Carrier for its industrial-scale concept for a floating production unit to produce green ammonia at sea, confirming the technical feasibility of the design. H2Carrier is the designer and owner of the proprietary P2XF
The Australian energy crisis highlights the challenge of finding the balance between energy security and net-zero goals, says Wood Mackenzie.
Large ocean-going vessels have the most potential for nuclear propulsion, a new research by Dutch ship design and engineering company C-Job Naval Architects shows.
SIMEC Atlantis Energy, the developer behind the MeyGen tidal power scheme, has achieved the first contractual milestone for the delivery of additional 28MW of tidal power capacity for the project as part of the UK’s fourth contracts for difference round.
French classification society Bureau Veritas (BV) has issued a new ‘biofuel ready’ notation to support the wider deployment of biofuels in the shipping industry. BV said that this notation will help the maritime industry address the main challenges related to the use of biofuels by ships, providing
Danish shipping and logistics giant A.P. Moller – Maersk has unveiled plans to operate the company’s first low greenhouse gas (GHG) emissions contract logistics warehouse in Denmark.
The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.
Crude oil tanker company DHT Holdings has entered into an agreement to sell its very large crude carrier (VLCC) DHT Edelweiss which is not fitted with an exhaust gas cleaning system (scrubber) in an effort to meet regulatory standards. The company is selling the 2008-built VLCC to an undisclosed buy
Neptune Energy has joined forces with Horisont Energi for the development of a large-scale carbon capture and storage project in Norway.
Mocean Energy has appointed a former oil and gas executive, and a climate change expert to its board to help commercialize its Blue Star wave energy device and raise investment.
Aker Solutions, Schlumberger and Subsea 7 have entered into agreements to form a joint venture, with the goal of delivering a step change in subsea production economics. The proposed joint venture will comprise the subsea businesses of Schlumberger and Aker Solutions, with Subsea 7 purchasing 10% of
Houston-headquartered Helix Energy Solutions has acquired interest and operatorship in a field in the Gulf of Mexico.
VG-Shipping Oy, the parent company of Finnish marine logistics company Meriaura Oy, revealed it will become a majority owner of compatriot solar thermal systems provider Savosolar Oyj.
Scottish marine energy company QED Naval has informed that its ongoing crowdfunding campaign has already been 210% oversubscribed, with two more days left for additional investments.
