Norwegian engineering company TECO 2030 ASA has unveiled a newly developed TECO 2030 Future Funnel with hybrid and closed loop alongside the already existing open loop.
Belgian shipowner Compagnie Maritime Belge (CMB) and Japanese shipbuilder Tsuneishi have launched a joint venture to develop the hydrogen internal combustion engine (H2ICE) technology for the Japanese industrial and marine market.
U.S. oil major Chevron and Toyota Motor North America have signed a memorandum of understanding (MoU) for a strategic alliance to develop a hydrogen business.
Aurora, Europe’s first maritime value chain project for liquid hydrogen, launched by BKK, Air Liquide, and Equinor to build a complete liquid hydrogen supply chain for ships.
Danish wave power company Resen Waves has signed a partnership agreement with Ulstein Belga Marine to deliver smart power buoys to the Brazilian offshore energy industry.
Scottish wave power specialist Mocean Energy has unveiled its Blue X wave energy prototype which will hit the Orkney waters next month.
Finnish cleantech company Norsepower has signed a framework agreement with Offshore Technology Development (OTD), Keppel Offshore & Marine’s technology arm, on the commercialization of rotor sails. Under the deal, OTD, which provides equipment to the offshore oil and gas, marine, and offshore wind i
Ahead of President Biden’s Leaders’ Summit on Climate, the world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets are met across the entire global shipping industry.
Shell will collaborate on a feasibility study to test the use of hydrogen fuel cells for ships, the first for both Shell and in Singapore, striving for cleaner and hydrogen-powered shipping.
Energy company Santos has welcomed the Australian Governments’ focus on carbon capture and storage (CCS) and hydrogen technologies to move towards the global energy transformation.
The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of cooperation (MoC) with industry heavyweights to establish a fund for a maritime decarbonization center in Singapore. The deal was signed with BW Group, Sembcorp Marine, Eastern Pacific Shipping, Ocean Network Express, Foun
The UK has decided to include its share of international shipping and aviation emissions in its sixth Carbon Budget – an important part of the government’s decarbonisation efforts that will allow for these emissions to be accounted for consistently.
With the international banking group Standard Chartered becoming a signatory to the Poseidon Principles, the global shipping loan portfolio of the member banks has surpassed the $ 185 billion mark. This represents around 50 percent of all shipping finance globally, making the Poseidon Principles ini
French investment company Eurazeo is launching a sustainable maritime infrastructure thematic fund to finance more environmentally friendly infrastructure and technologies in the maritime sector that support the transition to a low carbon economy.
