UK energy market regulator Ofgem has received the application for an electricity interconnector license for the recently announced LionLink multi-purpose interconnector that will connect the UK and the Netherlands. The application was submitted by National Grid Lion Link Limited for a license that w
Singapore’s first hybrid bunker tanker, Marine Charge, built for V-Bunkers, a leading supplier of barge logistics services in the port of Singapore, has been delivered. The 7990-ton vessel, designed by SeaTech Solutions and built by Zhejiang Shenzhou Sunshine Heavy Industry is fitted with 480Kwh of
In the energy transition blueprint for the sustainable future, hydrogen has carved a niche for itself and is gaining more ground.
Global OTEC has started talks with the government officials of Turks and Caicos Islands regarding the possible installation of an ocean thermal energy conversion (OTEC) plant for clean energy generation.
A new alliance between actors in carbon capture and storage (CCS) has been launched, Danish Shipping, one of the initiators of the new alliance said. Named Carbon Capture & Storage Europe, the alliance brings together a wide range of companies and organisations. The coalition members are: Aker Carbo
The EU is preparing to cast its vote on the first methane emissions regulation, which could help lower methane in the oil and gas sector.
Yara Clean Ammonia, a subsidiary of Norwegian fertiliser company Yara International, is joining forces with Leipzig-based gas company VNG in the field of clean ammonia that will actively support the implementation plans outlined in the German Hydrogen Strategy. To this end, the companies signed an o
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering (KSOE) for their ammonia floating storage re-gasification unit (FSRU), the first of its kind in Korea. HHI’s ammonia-FSRU will store liquefied ammonia tran
Oceans of Energy has been awarded the contract for installing and operating offshore solar farm inside the Hollandse Kust Noord offshore wind park being developed by CrossWind, a joint-venture between Shell and Eneco.
The recent pick-up in the development of carbon capture and storage (CCS) projects across the globe is expected to provide a new source of cargo demand for the maritime industry, helping offset demand for a declining trade of conventional hydrocarbon cargoes. CCS involves capturing carbon dioxide em
South Korean shipbuilding major Samsung Heavy Industries (SHI) has teamed up with a Denmark-based startup focused on nuclear reactor technology Seaborg Technologies and Korea Hydro & Nuclear Power (KHNP), an owner and operator of nuclear power plants, in a consortium that aims to develop floating nu
The European Union (EU) and Norway have formed a Green Alliance to strengthen their cooperation on clean energy and industrial transition as well as joint climate action and environmental protection efforts. The agreement was signed on 24 April in Brussels by the President of the European Commission
As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. The survey respondents expect their fleets to run on mul
KCC Chartering AS, a subsidiary of Klaveness Combination Carriers ASA and South32 Marketing Pte, a subsidiary of mining and metals company South32, have agreed to include a carbon pricing mechanism in their existing contract of affreightment (COA). In the six-year COA between KCCC and South32, annou
