Classification society Lloyd’s Register (LR) and Shanghai COSCO Shipping LNG Investment, a subsidiary of China Shipping Corporation Limited, have signed an agreement to collaborate on a new project that aims to formulate and assess the decarbonization pathway for COSCO Shipping’s existing LNG carrie
Harriet Shing, Minister for Regional Development, Victoria, Australia, has announced a new feasibility study that could see Portland become home to one of Australia’s first green shipping fuel production hubs, with $500,000 invested through the Labor Government’s Portland Diversification Fund. The s
The announcement that the UK is to join the EU’s flagship Horizon Europe program has been deemed as excellent news for Europe’s ocean energy sector as it could help enable the deployment of more ocean energy projects in the water, keeping Europe’s competitive edge in this emerging industry.
Wave Energy Scotland (WES) has started a series of tank tests of floating wind and wave energy structures at the University of Edinburgh’s FloWave facility to explore the potential benefits the synergy between the two technologies could bring.
Japanese shipping company NYK Line, Malaysian shipping line MISC, and MiQ, a methane measurement certification company, have joined the Methane Abatement in Maritime Innovation Initiative (MAMII). With the new members, the collective of shipping leaders aiming to address the environmental implicatio
The pioneering design for a floating carbon storage and injection unit (FCSIU), developed by Malaysian offshore energy major Bumi Armada, has won approval in principle (AiP) from the ABS classification society. Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liqui
Japanese industry giants Sumitomo, Toho Gas, Kawasaki Kisen Kaisha (K Line) and Australian Woodside Energy (Woodside) have signed a non-binding memorandum of understanding (MOU) to jointly conduct a feasibility study to establish a carbon capture and storage value chain between Australia and Japan.
Japan’s ClassNK and Fukui Seisakusho have signed a memorandum of understanding (MoU) concerning a joint study on a safety relief valve for a cargo tank of liquefied hydrogen (LH2) carriers. ClassNK said that, in order to ensure safety in the transport of liquefied hydrogen, the development of safety
South Korean shipbuilder Samsung Heavy Industries (SHI) has received Approval in Principle (AiP) for a 200K cbm ultra-large ammonia carrier fuelled by ammonia. The AIP was awarded by Korean Register at Gastech 2023 currently underway in Singapore following a joint development project (JDP) between K
Singapore’s Eastern Pacific Shipping (EPS), German MAN Energy Solutions (MAN ES), South Korea’s HD Hyundai Heavy Industries (HHI) and yards from the China State Shipbuilding Corporation (CSSC) have announced a collaboration on the development of ammonia-burning engine that will be fitted to a new fl
The University of Houston is developing an autonomous robot that will be able to identify potential pipeline leaks and structural failures during subsea inspections at oil & gas projects. The SmartTouch technology, being developed by researchers at UH, consists of remotely operated vehicles (ROVs) e
Korean Register (KR) has signed a Memorandum of Understanding (MoU) with K Shipbuilding, Sunbo Industries and Dongsung Finetec to jointly develop a 12,000 cbm liquefied CO2 (LCO2) carrier design.
The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 10 projects through its latest call to share $1 million in research support for their marine energy-related activities.
South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has won an Approval in Principle (AiP) from and an Approval of Service Suppliers (AOSS) from DNV for two innovations: a large-scale liquefied carbon dioxide (LCO2) carrier tank and an underwater
