Norway’s Ministry of Petroleum and Energy has selected Wintershall Dea Norge and CapeOmega to receive an exploration permit for CO2 storage on the Norwegian continental shelf (NCS) in the North Sea. The Luna license is located 120 kilometers west of Bergen and is estimated to hold a CO2 storage inje
The Finnish technology group Wärtsilä has partnered up Capital Gas Ship Management Corp. to develop a new Fleet Decarbonisation Programme aimed at boosting the efficiency of the company’s LNG carrier fleet. The agreement was signed in June 2022 and will be applied to a fleet of six 174,000 cbm LNG c
The Global Centre for Maritime Decarbonisation (GCMD), Oil and Gas Climate Initiative (OGCI), Stena Bulk, and Alfa Laval have launched a joint project to investigate the on-board capture, storage and off-loading of carbon dioxide (CO2). During a two-year-long project, divided into three stages, a se
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) is practically counting the days until the delivery of its Wind Challenger project. Under the project, a hard sail system, known as the Wind Challenger, was installed on board a bulk carrier at compatriot Oshima Shipbuilding. The system is curr
Singapore-based port operator PSA Corporation has joined The Silk Alliance, a cross supply-chain maritime partnership dedicated to the development of a fleet-specific fuel transition strategy for containerships operating in Singapore and the wider Asia region.
As the UK gets ready for an oil & gas licensing round, activists have devised roadblocks, demanding a halt to new fossil fuel projects.
Countries should work harder to develop interconnections for renewable energy, allowing multiple nations to share larger production capacity and build stronger markets, according to a new report from a new group aiming to reshape major charter markets and accelerate the development of green fuels an
Mitsui & Co., Ltd., Mitsui & Co. Energy Trading Singapore Pte. Ltd. (METS), Maersk Oil Trading, a part of A.P Moller – Maersk, and American Bureau of Shipping (ABS) have agreed to jointly conduct a detailed feasibility study of methanol bunkering logistics in Singapore. The participants intend to in
German engine manufacturer MAN Energy Solutions has signed a memorandum of understanding with American cruise company Norwegian Cruise Line Holdings (NCLH) for the retrofit of the four-stroke MAN 48/60 engine to dual-fuel operation.
Energy services provider Petrofac has won its first new energy-focused project in Chile, supporting Transitional Energy Group (TEG), a privately-owned group of companies, on their Gente Grande green ammonia project. Petrofac will support TGE as the owner’s engineer on the project located at a coasta
Top Chinese yard group COSCO Shipping Heavy Industry Co (CHI) is now able to offer wind propulsion options after signing a landmark agreement with Anemoi Marine Technologies, a UK provider of rotor sails to the shipping industry. CHI has nine yards capable of up to 7.5m dwt annual production across
DEME has taken the decision to invest in a new DP fallpipe vessel by purchasing and converting a bulk carrier, as part of its commitment to rejuvenate its fleet for the offshore energy industry. DEME has signed an agreement with Singapore’s Pax Ocean Shipyards and the vessel will enter the yard in l
India’s largest commercial shipbuilder Cochin Shipyard Limited (CSL) Kochi is forging ahead with ambitious plans that will see construction of vessels powered by alternative energy sources. The shipyard is working on multiple projects at the moment that will see inland, coastal and short-sea vessels
US engineering company KBR has secured a technology contract for a low-carbon blue ammonia project in the United States being developed by the Dutch producer and distributor of hydrogen products OCI NV. KBR was awarded the deal by an EPC contractor Tecnimont S.p.A. to supply the technology license,
