The bidding process for the privatization of South Korea’s flagship carrier HMM was officially launched on Thursday in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB), and Korean Ocea
French hydrogen producer Lhyfe has completed the first step in its work on ocean reoxygenation with the publication, by IRD Brest, of a first scientific article on the results of the research carried out in recent months. The work is a part of Lhyfe’s ambition to decarbonize transport and industry b
Japan’s maritime industry is taking significant strides towards the full-scale commercialization of fully autonomous ships, thanks to the MEGURI2040 Fully Autonomous Ship Project. This collaborative effort, administered by the Nippon Foundation and involving 51 companies under the Designing the Futu
Swedish company Waves4Power has been selected to participate in Launch Alaska’s 2023 Tech Deployment Track, a program which accelerates decarbonization and deployment of climate tech solutions by helping companies forge partnerships and identify projects in Alaska.
The American Bureau of Shipping (ABS) has issued an approval in principle to the fully autonomous ship framework named Action Planning and Execution System for full autonomous (APExS-auto). The system was developed by Nippon Yusen Kabushiki Kaisha (NYK), Monohakobi Technology Institute (MTI), and Ja
SSEN Transmission, the transmission owner in the north of Scotland, has appointed NKT as the preferred bidder for the supply of power cable systems for two HVDC transmission links offshore Scotland. If confirmed, NKT will provide 525 kV XLPE HVDC power cable systems for the Western Isles and Spittal
The Clean Canaveral liquefied natural gas (LNG) bunker barge has completed its first barge-to-ship bunkering of a cargo vessel at Port Canaveral. JAX LNG, along with Polaris New Energy, handled the LNG refueling of the M/T Damia Desgagnés on the ship’s inaugural call to Port Canaveral at the port’s
U.S.-based green methanol producer Carbon Sink and Jones Act-compliant shipping company Rose Cay Maritime have inked a Memorandum of Understanding to facilitate the maritime sector’s shift toward low-carbon fuels. Under the terms of the MoU, the duo agreed on increasing the production of the green f
Liquefied natural gas (LNG) has become cheaper maritime fuel than Very Low Sulphur Fuel Oil (VLSFO), according to the most recent analysis made by Danish consultancy Sea-Intelligence. To comply with the IMO2020 regulations aimed at cutting sulphur emissions, the shipowners were given a choice betwee
Swiss freight trader Cargill has completed two pilot projects with Safetytech Accelerator, a dedicated technology accelerator established by Lloyd’s Register, involving robotic hull cleaning solutions and automated data collection from ship machinery. The projects were selected as part of Safetytech
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has achieved a drop in carbon emissions intensity worth 33.5 percent since 2008, and is on track to achieve its 40 percent reduction target ahead of 2030, the company revealed in its sustainability report for 2022. “We continue to s
The Government of Canada has announced an investment of up to $38 million under the National Trade Corridors Fund to improve cargo movement at the Port of Argentia based in Newfoundland. The funds are targeting the expansion of the existing Fleet Dock terminal. This expansion includes the constructi
Woodside is laying out the groundwork to develop and bring several energy projects online, including oil and gas, low-carbon, and renewable ones.
SeaVolt project partners, which include Tractebel, DEME, and Jan De Nul, are making final preparations to install its first offshore solar energy test platform in the Belgian North Sea.
