Search results for: TECO 2030

1064 results

A list of search results

  • TECO 2030 onboard compressed hydrogen fuel systems get DNV’s blessing

    19 March 2024
    Business Developments & Projects, Certification & Classification, Green Marine, Regulation & Policy, Research & Development, Technology

    TECO 2030 has won an additional approval in principle (AiP) from classification society DNV for its compressed hydrogen fuel systems.

  • TECO 2030 allies with Indian firm for fuel cell expansion in SAARC countries

    16 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Research & Development, Technology

    TECO 2030 and Advait Infratech have partnered up for fuel cell expansion in India and other SAARC countries.

  • TECO 2030 wins DNV AIP for containerized fuel cell power generator

    11 April 2024
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Technology

    Norwegian cleantech company TECO 2030 has, in connection to the HyEkoTank project, received approval in principle (AIP) from the Norwegian classification society DNV for a containerized fuel cell power generator (FCPG) for use onboard oceangoing applications.

  • TECO 2030 & Yokogawa ally on use of H2 fuel cells in industrial applications

    1 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Technology

    Norway’s cleantech company TECO 2030 and Japan’s electrical engineering and software company Yokogawa Electric Corporation have signed a strategic partnership and investment agreement regarding the development of technology for utilizing hydrogen fuel cells in industrial applications. Under the agreement, Yokogawa Electric has invested in TECO 2030 by way of acquiring treasury shares, and the two […]

  • TECO 2030 and partners begin work on EU-backed hydrogen-fueled passenger ship

    22 January 2024
    Business Developments & Projects, Green Marine, Project & Tenders, Technology, Vessels

    Norwegian cleantech company TECO 2030, together with thirteen partners from various European countries, has commenced its second EU Horizon project focused on developing, validating, and showcasing a zero-emission passenger ship fueled by hydrogen. The project named Zero Emission Adriatic Ship (ZEAS) focuses on a shift towards the safe and sustainable use of climate-neutral fuels in […]

  • TECO 2030 and Umoe Mandal seek AiP for fuel cell high-speed vessel design

    1 February 2024
    Business Developments & Projects, Certification & Classification, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy, Technology, Vessels

    Norwegian cleantech company TECO 2030 and compatriot shipbuilder Umoe Mandal have submitted an approval in principle (AiP) application to the Norwegian Maritime Authority for the world’s first fuel cell high-speed vessel design. As disclosed, the vessel will be constructed based on Umoe Mandal’s crew transfer vessel (CTV) surface effect ship (SES) technology. Its air-cushion catamaran […]

  • New milestone sets TECO 2030 on track to deploy hydrogen fuel cells in first half of 2024

    24 November 2023
    Business Developments & Projects, Equipment, Green Marine, Infrastructure, Technology

    Norwegian cleantech company TECO 2030 has injected its 400 kW fuel cell system with hydrogen, aiming to deploy the first system for marine vessels and other heavy-duty equipment during the first half of 2024. Over the past few months, the company has built and installed the FCM400 into the test bench in Graz, where the […]

  • TECO 2030, Umoe Mandal get preliminary approval for hydrogen fuel cell-powered high-speed vessel design

    29 February 2024
    Authorities & Government, Certification & Classification, Infrastructure, Regulation & Policy, Vessels

    Norwegian cleantech company TECO 2030 and compatriot shipbuilder Umoe Mandal have received “approval of preliminary design” from the Norwegian Maritime Authority for a multimegawatt hydrogen fuel cell-powered high-speed vessel design.

  • World’s most compact marine hydrogen fuel cell in the making

    13 October 2023
    Business Developments & Projects, Project & Tenders, Technology

    Norwegian cleantech company TECO 2030 has elaborated on “the world’s most power-dense marine and heavy-duty hydrogen fuel cell module”, the FCM400.

  • DFDS-H2 Energy study takes a deep dive into hydrogen ecosystem for RoRo

    18 April 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Danish ferry and logistics company DFDS and Switzerland-based hydrogen specialist H2 Energy have published a new hydrogen propulsion feasibility study covering the main aspects of a complete hydrogen ecosystem for the roll-on/roll-off (RoRo) ferry Magnolia Seaways on the Esbjerg-Immingham-Esbjerg route.

  • Port of Colombo aims to become an eco-friendly port by 2030

    23 October 2023
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition

    The Sri Lanka Ports Authority (SLPA) aims to transform the Port of Colombo into an eco-friendly port by 2030, with a focus on renewable energy sources, aligning with the principles of a blue ocean economy. “In this context, we are actively exploring green energy solutions, including green methanol, green ammonia, and green hydrogen,” SLPA Chairman […]

  • TECO 2030 to supply fuel cells for up to six PGS’ ammonia-powered bulkers

    14 September 2023
    Equipment, Vessels

    Norwegian cleantech company TECO 2030 and Pherousa Green Shipping AS (PGS) have signed a green package supply agreement for up to six modern, zero-emission Ultramax dry bulk carriers of about 63.000 deadweight tons each.

  • SFL to purchase three eco-friendly product tankers for $230 million

    20 March 2024
    Vessels

    Bermuda-based ship owner and charterer SFL Corporation has decided to acquire three new LR2 product tankers for a purchase price of approximately $230 million.

  • Maersk to ship goods on green fuels for Nestlé

    6 December 2023
    Business Developments & Projects, Collaboration

    Nestlé, the world’s largest food and beverage company, has decided to cut its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution, which includes transporting goods on certified green fuels.

  • Misje Rederi’s 4th eco-friendly hybrid bulk carrier hits water

    14 November 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Vessels

    Norwegian shipowner Misje Rederi has celebrated the ceremonial launch of Misje Flora, its 4th eco-friendly hybrid bulk carrier, crafted at Colombo Dockyard in Sri Lanka. According to Misje Rederi, the launch, spearheaded by the company’s CEO Roald Misje, marks a bold move in blending conventional and eco-tech for a reduced environmental impact. Furthermore, it symbolizes […]

  • Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships

    15 January 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Rules & Regulation, Transition, Vessels

    Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day presentation on Friday. The company is targeting a capital deployment ranging between $3-5 […]

  • India’s GRSE partners with Shift Energy and SeaTech Solutions to build electric tugs

    29 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Indian defense shipyard Garden Reach Shipbuilders and Engineers (GRSE) has signed a Memorandum of Understanding (MoU) with Shift Energy Group, SeaTech Solutions International Pte Ltd, and the American Bureau of Shipping (ABS) to develop Electric Tugs, named E-VOLT 50. The deal is part of India’s ambitious strategy of becoming the ‘Global Hub for Green Shipbuilding’ […]

  • Singapore’s 1st fully electric cargo vessel, the Hydromover, hits the water

    23 November 2023
    Business Developments & Projects, Green Marine, Vessels

    The Goal Zero Consortium, comprising companies such as SeaTech Solutions International (S), Shift Clean Energy, and Yinson GreenTech, has launched Singapore’s first fully electric cargo vessel, the Hydromover. The milestone launch was revealed by the CEO of the Maritime and Port Authority (MPA) of Singapore, Eng Dih Teo, saying that more electric vessels are expected […]

  • Meriaura orders biofuel-powered cargo ship duo

    15 April 2024
    Infrastructure, Vessels

    Finnish shipping company Meriaura has ordered two biofuel-powered Ecotrader cargo ships from Dutch shipyard Royal Bodewes.

  • Cummins, partners get financial boost for methanol retrofit kit project

    13 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    US-based tech provider Cummins has received £4.4 million (about $5.36 million) for its methanol retrofit kit as part of the Zero Emission Vessels and Infrastructure (ZEVI) competition funded by the UK Government.

  • Seven European partners gather to develop decision support tool for offshore renewables

    27 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Technology

    Seven European partners have teamed up for a project that will see the development of a satellite-based decision support tool to accelerate offshore renewable energy deployments. For upscaling offshore renewables, BLUE-X is set to deliver key data helpful for all five steps of the blue energy lifecycle: site assessment, planning, construction, operations, and decommissioning.  The […]

  • SFL places $150M sustainability-linked bond

    10 April 2024
    Business & Finance, Business Developments & Projects

    Bermuda-based ship owner and charterer SFL Corporation has placed the four-year $150 million senior unsecured sustainability-linked bonds.

  • UMAS: Early movers are vital in setting up a zero-emissions shipping market

    27 December 2023
    Outlook & Strategy, Transition

    There will be a range of costs expected from switching to zero-emission containerships in deep-sea and coastal routes, a recent report from UMAS finds.

  • OOCL boxship receives biofuel blend from KPI OceanConnect

    22 November 2023
    Collaboration, Infrastructure, Outlook & Strategy, Transition, Vessels

    London-based marine energy solutions provider KPI OceanConnect has supplied a B24 biofuel blend to Hong Kong-based container shipping company Orient Overseas Container Line (OOCL).

  • Port of Trelleborg teams up with ENERCON to harness wind for green power

    4 January 2024
    Business Developments & Projects, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Ports & Logistics, Transition

    The Port of Trelleborg has inked a deal with German wind power company ENERCON for the construction of two 120-meter-high wind turbines. This move aligns with the port’s ambitious plan to become a major energy hub, ensuring self-sufficiency in energy production for its future needs, including shore power for vessels. As Scandinavia’s largest RoRo port […]