On 1 September 2021, PAO Sovcomflot, Smart LNG — a joint venture between PAO Sovcomflot and PAO Novatek — and Far Eastern Shipbuilding and Ship Repair Center (FESRC) entered into a trilateral agreement to cooperate on the development of a ship repair cluster in Russia’s Far East.
Major European companies and project developers have joined forces with leading research institutions to unlock large-scale potential of combined wind, wave and offshore floating solar renewable energy sources in the newly launched €45 million marine energy project ‘European Scalable Offshore Renewa
Maritime data analytics specialist METIS Cyberspace Technology SA and diesel engine repair specialist Carl Baguhn GmbH & Co. KG have established a long-term strategic partnership to improve the environmental performance of existing ships and land-based power plants.
Hamburg’s Senator for Economic Affairs sees great potential for the creation of a hydrogen corridor from Hamburg via Copenhagen to Oslo.
The UK government recently unveiled its first Hydrogen Strategy with a vision to create a thriving low-carbon hydrogen sector over the next decade and beyond.
German cruise shipbuilding group Meyer Werft revealed plans to establish a center of excellence (CoE) for special vessels in Rostock.
Japanese company PowerX plans to design and build an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The Power ARK 100 is a 100 TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. Upon its completion in 2025, Power ARK
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured approval in principle (AiP) from Norwegian classification society DNV for the basic design of ammonia fuel-ready very large crude carrier (VLCC).
South Korean shipbuilder Samsung Heavy Industries (SHI) has decided to sell stock and raise around KRW 1.23 trillion ($1.1 billion).
PSA International has partnered up with RHT to explore co-creation and investment in environmental, social, and governance (ESG) digital assets solutions in an effort to further advance the goals of decarbonisation in ports and supply chains.
Wind assisted ship propulsion (WASP) enjoys growing shipping interest, driven by the need to curb climate change. One of the most proven technologies in this field are Flettner-rotor vessels.
The UK Parliament’s Welsh Affairs Committee has called for the development of a specific renewable energy strategy for Wales before the end of this year as failing to do so would put at risk the emerging economic opportunities offered by the shift to net-zero.
The European Commission has opened a call for expressions of interest for a new working group on offshore renewable energies that would contribute to reaching EU’s ambition of at least 300GW of offshore wind and 40GW of ocean energies by 2050.
Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) has found. The report has also outlined specific courses of action to make this happen.
