Oil major BP has drastically cut its fossil fuel exploration team in an attempt to keep up with the fast-moving revolution focused around renewables and climate change.
Classification and technical advisory body ABS has awarded China Merchants Industry (CMI) Approval in Principle (AIP) for its deep-sea mining system design. The AIP follows publication of the ABS Guide for Subsea Mining in October 2020 and is the first that conforms to the new Guide. Specifically, C
DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships. The wind-powered auxiliary propulsion system is the result of a joint research project from KSOE, the shipbuilding holding company of Hyunda
Kawasaki Heavy Industries has completed Kobe LH2 Terminal (Hy touch Kobe), the world’s first liquefied hydrogen receiving terminal. The terminal was built for the CO2-free Hydrogen Energy Supply-chain Technology Research Association (HySTRA). Operation testing has started at the facility, which will
Tesla boss and billionaire Elon Musk has revealed his plans to donate $100 million as a prize for the “best carbon capture technology”.
Norwegian oil and gas company Pandion Energy has launched its strategy to achieve net-zero carbon emissions, recognizing the importance of climate change.
Siem Car Carriers, specializing in the movement of new autos, roll on roll off (RO-RO) and project cargo, has welcomed Siem Aristotle, the second of two LNG-powered ships, to its fleet. The vessel is on her maiden voyage from Emden, Germany to North America. The ship has bunkered its first fuel, tak
Norway’s Havyard has won a contract from a European company to develop a new zero-emission ship concept for cargo transport.
The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.
Stolt Tankers has been commissioned by chemicals company BASF to help design and build a new tanker that can operate at extreme low water levels in the river Rhine. The ship will be built by Mercurius Shipping Group and after scheduled delivery in 2022, Stolt Tankers will operate it exclusively for
Allseas has awarded subsea technology company Seatools the contract for the delivery of the complete electrical, hydraulic, and control system for its deep-sea mining nodule collector. The project is part of Allseas’ development program to realise advanced deep-water equipment for the gathering of p
U.S. President Joe Biden has announced America would return to the international Paris Agreement to fight climate change.
Austal Australia has launched the VOLTA series of electric-powered high speed ferry solutions, with the introduction of the Passenger Express 46V, a fully electric-powered 46 metre catamaran ferry design. Austal’s new VOLTA series includes on-shore charging infrastructure and in-service support prog
Norsepower, a Finland-based provider of auxiliary wind propulsion systems, has successfully installed two 35-metre tall Rotor Sails for SEA-CARGO, a logistics provider in the North Sea market.
