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South Korea sees first-ever simultaneous LNG bunkering operations on bulkers

For the first time in Korea, simultaneous operations (SIMOPs) of ship-to-ship LNG bunkering were conducted for a coal-carrying bulk carrier at the POSCO raw material dock, Gwanyang port.

about 2 years ago

Illustration; Source: The International Energy Agency (IEA)

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IEA: Redoubling international cooperation ‘vital’ to usher clean energy era faster and end fossil fuel reign

The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.

about 2 years ago

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Hyundai Glovis gears up for $1.85 billion investment in world’s largest dual-fuel car carriers

Hyundai Glovis, the logistics unit of South Korean auto giant Hyundai Motor Group, is allocating $1.85 billion for the acquisition of 12 LNG dual-fuel car carriers. The decision on the planned investment, approved during a board meeting held on October 26, 2023, represents a strategic move to bolste

about 2 years ago

Illustration/Ocean Sun's floating solar tech (Courtesy of Ocean Sun)

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Norwegian floating solar developers partner up for greener aquaculture

Norwegian companies Ocean Sun and Inseanergy have formed partnership to supply the aquaculture industry with green energy using floating solar technology. Following the settlement of a patent dispute earlier this year, Ocean Sun and Inseanergy have entered into a cooperation agreement to supply gree

about 2 years ago

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Itochu and Orascom to set up ammonia bunkering hub in Suez Canal

Japan-based trading company Itochu Corporation has signed a Memorandum of Understanding (MOU) with global engineering and construction contractor Orascom Construction on the development of ammonia bunkering in the Suez Canal, Egypt. Orascom Construction has extensive experience in the energy transit

about 2 years ago

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Japan’s coastal RoRo trials biofuel and waste cooking oil blend

MOL Coastal Shipping, a group company of Japanese shipping major Mitsui O.S.K. Lines, revealed that its 499 GT coastal RoRo vessel, the Tetsuun Maru No.1, trialed the use of biofuel. The biofuel used on the vessel is made by mixing waste cooking oil derived from vegetable oils and fats in Japan with

about 2 years ago

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New charter urges private sector towards ‘bolder’ climate and net-zero action ahead of COP28

The COP28 Presidency has revealed the launch of a new charter to mobilize and encourage the private sector to take further steps towards accelerating and bolstering their net-zero pledges.

about 2 years ago

The signing of the MoU for floating solar collaboration (Courtesy of Ocean Sun)

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Ocean Sun to supply floating solar tech for 2MW project in India

SJVN Green Energy, a wholly owned subsidiary of India’s state-owned SJVN, has signed a memorandum of understanding with Ocean Sun to develop a floating solar project in India.

about 2 years ago

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DNV, AL Group to explore CCS on board containership, bulker newbuilds

DNV has entered into a JDP with AL Group and its Singapore unit to explore the feasibility of CCS on board AL’s newbuildings.

about 2 years ago

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PSA, PIL to develop low carbon pathways

Singapore’s port operator PSA Singapore (PSA) and compatriot shipping company Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions to cut carbon emissions and optimize maritime efficiency. The duo plans to work on developing a set

about 2 years ago

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Hafnia aims to connect its entire fleet to Starlink by the end of 2023

Singapore-based tanker owner and operator Hafnia aims to complete the rollout of the Starlink Satellite System, a satellite internet constellation developed by Elon Musk’s SpaceX, across its entire fleet by the end of 2023. After completing successful pilots between 2022 and 2023, Starlink is now up

about 2 years ago

ETAP facility in the North Sea; Source: BP

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BP sees sharp drop in profit due to flat gas prices but uplifts renewables pipeline

BP has achieved production growth, a reduction in net debt, and a “robust” operating cash flow, based on its results for 3Q 2023.

12 minutes read

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Shell’s Norwegian gas field pioneers remote data harvesting

Sonardyne, working with XOCEAN’s uncrewed surface vehicles (USV), has delivered remote acoustic data harvesting services to Shell at its Ormen Lange gas field in the Norwegian Sea that does not have conventional surface operation platforms. Without surface platforms, acoustic data from the subsea se

about 2 years ago

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MEYER Group takes 50% stake in C-Job

Dutch ship design and engineering company C-Job Naval Architects has formed a strategic partnership with MEYER Group, wherein MEYER Group will acquire a 50 percent stake in C-Job. MEYER Group, an international consortium, operates three shipyards under MEYER Werft, located in Papenburg, Rostock, and

about 2 years ago