Circular Maritime Technologies (CMT), a Dutch startup targeting to automate shipbreaking processes, has secured an EU subsidy that would help the company take the project to the next stage of development. CMT said that it won a subsidy as part of the Kansen voor West III, a program largely financed
Offshore Energy Exhibition & Conference 2022 (OEEC) will open its doors in less than two weeks. On the 29 & 30 November, the entire industry comes together in RAI Amsterdam to connect, discuss, share knowledge, meet and network. Content program Different markets meet under one roof to foster bus
Greek shipowner Safe Bulkers has placed an order for additional Alfa Laval PureSOx exhaust gas cleaning systems bringing the number of vessels to be fitted with the systems to 25. The company has just installed its 21st PureSOx scrubber, and four more retrofits are scheduled through the first half o
The semi-submersible heavy transport vessel Xin Guang Hua, owned by China’s COSCO Shipping, has completed the float-on and load-in operation of a floating, production, storage and offloading unit (FPSO) set to be decommissioned, an operation that is believed to have set a new world record. Xin Guang
China Merchants Energy Shipping (CMES), BHP and DNV have signed a Memorandum of Understanding (MOU) to collaborate on industry value chain greenhouse gas (GHG) management. The signing took place in conjunction with the second World Maritime Merchants Forum in Hongkong, organized by CMES. The MOU see
Danish shipping companies have 51 new vessels under construction, and 25 of them can sail on green fuels, according to a new analysis from Danish Shipping, a trade and employer organisation for more than 90 shipowners and offshore companies. Right now, there is a total of orders for 51 new vessels f
Danish container shipping major A.P. Moller – Maersk has entered into a green methanol partnership with U.S.-based project developer Carbon Sink LLC. The parties have signed a Letter of Intent covering Carbon Sink’s development of green methanol production facilities in the United States. The first
QED Naval, a Scotland-based tidal energy company, has secured over €1.7 million of funding with 1,152 investors taking part in its Seedrs crowdfunding campaign.
The European Union (EU) and Egypt have taken a step further to bolster their cooperation on the clean energy transition by establishing a strategic partnership on renewable hydrogen. The EU and Egypt signed a bilateral memorandum of understanding (MoU) on a strategic partnership on renewable hydroge
Danish ferry operator Molslinjen has entered into a strategic technology and investment deal with compatriot energy storage firm WattsUp Power A/S. The company produces so-called flywheels, which in theory can enable a fast ferry to run entirely on green energy. A flywheel is essentially a mechanica
A new report by the Tyndall Centre at the University of Manchester, which highlights the role of the shipping sector in transporting green fuels, is urging governments to create far stronger national policies on low-carbon fuels in order to bridge ‘a yawning gap’ between government-led projects and
The European Union, United States, United Kingdom, Canada, Japan, Norway and Singapore have signed a joint declaration on reducing greenhouse gas emissions from fossil fuels, committing to take rapid action to address the climate and energy security crises. The parties said they affirm the need to a
Hai Yang Shi You 301, described as the world’s largest LNG bunker vessel, has been officially put into operation by China State Shipbuilding Corporation’s subsidiary Guangzhou Shipbuilding International (GSI) following a conversion project. The official delivery ceremony was held earlier today, Chin
International Renewable Energy Agency (IRENA) and American General Electric Company (GE) have signed a framework agreement to collaborate on a plan which will support both climate change and energy security. The agreement, signed at the COP27 in Egypt, will see IRENA and GE collaborate across severa
