Neptune Energy, Sval Energi and Storegga have submitted an application for a CO2 storage project in the Norwegian North Sea which has the potential to store up to 225 million tonnes of CO2. The application was submitted to the Norwegian Ministry of Petroleum and Energy following the announcement of
The Green Ray project, led by a consortium of companies across the shipping supply chain, has won funding from the European Union to develop solutions minimizing methane slip from marine engines. The funding worth €7 million has been secured through Horizon Europe, the EU’s key funding program for r
Japanese shipbuilder Kawasaki Heavy Industries has won a shipbuilding contract for an 86,700 cmb liquefied petroleum gas (LPG) and liquefied ammonia gas (NH3) carrier from Dubai-based energy company BGN INT DMCC. The vessel is equipped with separate cargo tanks designed to carry LPG and NH3 at the s
Saipem is pooling resources with Eni to add renewable fuels to its arsenal, which would be used for its drilling and construction vessels.
The Prince Rupert Port Authority (PRPA) is marking the tenth anniversary of its Green Wave program, which provides financial incentives to shippers who voluntarily invest in environmentally sustainable practices. Since 2013, commercial vessels have been assessed and allotted savings on their harbour
Korean shipping company HMM has signed a business agreement with marine waste management company Foresys to establish a circular economy system using discarded mooring ropes. Mooring lines are thick ropes used to moor ships in ports, and HMM generates about 20 tons of waste from worn-out mooring lin
The hull of the first-ever inland hydrogen vessel arrived in Rotterdam this morning on board the heavy lift vessel ‘Sun Shine’. The hull arrived from China after a month-long journey and will now undergo finishing touches at Concordia Damen’s Werkendam-based facility. The vessel, named ‘Antonie’, wi
SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.
The Netherlands-based company VoltH2 has secured a site for green hydrogen development in Germany as part of its mission to build a chain of green hydrogen plants in Europe. VoltH2 has selected Wilhelmshaven, Germany’s only deep-sea port and primary energy hub, as the location for its planned hydrog
Bore Ltd., part of Spliethoff Group, held a christening ceremony for its third and final LNG-fueled shortsea roll-on/lift/off (RoLo) vessel in Amsterdam on 21 February. The vessel was named Bore Wind and it belongs to a series of three ice-class 7,000 dwt ships built at the WuHu Shipyard in China. T
Belgian green hydrogen company Tree Energy Solutions (TES) and Zurich-based energy provider Energie 360° have teamed up to supply green energy to the industry and support each other in achieving their decarbonisation goals. To this end, the companies have signed a letter of intent under which TES ai
Luxembourg-based shipping group CLdN has welcomed back into the fleet its short-sea roll-on/roll-off (RoRo) vessel MV Delphin which has been fitted with two tilting rotor sails. The shipowner contracted Finnish cleantech company Norsepower in March 2022 to carry out the installation. With two 35mx5m
After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.
In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (
