The NPS Green Lake floating solar project, with a total capacity of 60MW, has been connected to the grid in Thailand.
NKT has secured a final order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, with an order value exceeding €600 million.
New York-based tanker company International Seaways has taken delivery of the second dual-fuel LNG very large crude carrier from the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). The 300,000 dwt vessel, named Seaways Enterprise, was delivered in April 2023, a month after
The consortium partners behind the Project Greensand have developed a new monitoring technology that has successfully monitored that the stored CO2 in the North Sea subsoil is at the right location.
As the maritime industry transitions to a low and zero-carbon future, African maritime players are being advised to implement new training infrastructure for seafarers to adapt to the ongoing continent’s green transition.
Worley has been awarded a contract to provide detailed engineering design services for Petronas’ huge CCS project offshore Sarawak, Malaysia.
Overseas Shipholding Group (OSG), a major American shipping company, has launched efforts to explore the potential of carbon capture and storage as part of its GHG emission reduction strategy. To that end, OSG has established a new subsidiary, Aptamus LLC in Delaware, which will focus on investing i
There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in
Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down
Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte
AW-Energy, a Finnish near-shore wave energy technology developer, has signed a memorandum of understanding with Kaoko Green Energy Solutions for the deployment of WaveRoller wave energy farms offshore Namibia.
Danish container shipping heavyweight Maersk has hailed the agreement reached on the new FuelEU Maritime regulation, a first-of-its-kind legislation designed to speed up the adoption of green fuels and promote decarbonisation in the shipping industry by the end of the decade. FuelEU Maritime takes a
BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.
Marine renewable energy developer ORPC has signed a contract with Shell Technology – Marine Renewable Program to initiate a modular RivGen power system demonstration project in the Lower Mississippi River. ORPC said that the collaborative project represents an opportunity to showcase how the next ge
