1992 results found for 'TECO 2030'

1992 results found for 'TECO 2030'
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  • Danaos invests $509 million in five new methanol-ready containerships

    9 July 2024
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Danaos Corporation has ordered five new methanol-ready containerships for $509 million at Chinese shipyards.

  • Honeywell splashes out $1.81 billion on LNG business to boost energy transition offering

    15 July 2024
    Business & Finance, Business Developments & Projects, Equipment, Infrastructure, Outlook & Strategy, Transition

    Honeywell has agreed to buy Air Products’ LNG process technology and equipment business to offer end-to-end services for global customers.

  • MOL to install CO2 capture system onboard LR1 product tanker

    22 April 2024
    Carbon Capture Usage & Storage, Equipment, Technology, Vessels

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has decided to equip its LR1 product tanker with Value Maritime’s Filtree system, an onboard CO2 capture system with a SOx scrubber.

  • World’s 2nd dual-fuel fast ferry enters service

    12 July 2024
    Infrastructure, Vessels

    On July 10, 2024, Spanish ferry operator Baleària added ‘the world’s second fast ferry with dual gas engines’, the Margarita Salas, to the Barcelona-Alcúdia-Ciutadella route.

  • Rio Tinto hires Njord for two-ship green retrofit project

    22 February 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Njord, a Denmark-based green technology business founded by Maersk Tankers, is partnering with Rio Tinto, a British-Australian mining group and one of the world’s largest dry-bulk shippers, to cut fuel consumption and emissions.

  • Australia, Singapore embark on $20M initiative to reduce maritime emissions

    18 April 2024
    Authorities & Government, Collaboration, Outlook & Strategy, Regulation & Policy

    Australia and Singapore have partnered on a $20 million initiative to help reduce emissions in the maritime sector.

  • ICTSI commits to net zero GHG emissions by 2050

    12 January 2024
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    International Container Terminal Services (ICTSI), a port management company based in Manila, the Philippines, is taking a significant step towards a more sustainable future by committing to achieve net zero greenhouse gas (GHG) emissions for its Scope 1 and 2 emissions by 2050.

  • 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 […]

  • Hydrogen fuel cell, battery-enabled Hyflex could replace fossil fuel solutions, tests confirm

    19 March 2024
    Business Developments & Projects, Innovation

    Several project partners have conducted a joint field test to demonstrate the latest innovation in hydrogen-electric power infrastructure — a containerized hydrogen fuel cell and battery solution.

  • bound4blue to install eSAIL on innovative newbuild vessel for the first time

    30 January 2024
    Technology, Vessels

    Spanish cleantech engineering company bound4blue has been selected to install a 22-metre-high eSAIL onboard the newbuild multipurpose cargo vessel NA PAE E HIRO, owned by shipping company SNA TUHA’A PAE (SNA).

  • MODEC: FPSO construction underway for ExxonMobil’s fifth oil development off Guyana

    9 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    MODEC has confirmed the start of the construction phase for an FPSO, which is destined to work on ExxonMobil’s oil development off Guyana.

  • K Line unveils fleet expansion move with methanol-ready bulk carriers

    18 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

     Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuilding, for the construction of three methanol-ready post-Panamax bulkers. The 92,000 vessels […]

  • Frontline sells non-eco ships to have entire fleet fuel-efficient

    15 January 2024
    Business Developments & Projects, Infrastructure, Vessels

    Norwegian tanker major Frontline has agreed to sell its five oldest very large crude carriers (VLCCs), aligning with the company’s strategy of having only eco-friendly vessels in its fleet.

  • Hapag-Lloyd joins Singapore-Rotterdam green shipping corridor initiative

    16 April 2024
    Collaboration, Ports & Logistics, Transition

    German shipowner Hapag-Lloyd, the world’s fifth-largest liner shipping company, has joined the Singapore-Rotterdam green and digital shipping corridor (GDSC) initiative established by the Maritime and Port Authority of Singapore (MPA) and Port of Rotterdam.

  • Interview with Rovco CEO: New technologies can close huge offshore wind skills gap

    26 July 2024
    Business & Finance, Business Developments & Projects, Human Capital, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    New technologies have the ability to massively close the huge skills gap and shortage of workers that is looming over the offshore wind industry, allowing 10 to 17 times more work to be done by one person, according to Brian Allen, CEO of Rovco, a UK company focused on automating offshore wind services by creating […]

  • 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 […]

  • 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 […]

  • Canada’s crackdown on greenwashing: ‘Gag order’ for oil & gas industry’s climate action or greater transparency?

    10 July 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    Canada has now tightened the reins on environmental stewardship with a bill that brings multimillion-dollar fines and jail time into play for those prone to bragging about climate action they cannot back up.

  • 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.

  • RightShip: Port of Sudeste first in Latin America to use Maritime Emissions Portal

    10 January 2024
    Infrastructure, IT & Software, Ports & Logistics

    RightShip, the environmental, social and governance (ESG) focused digital maritime platform, has entered into a partnership with Port of Sudeste, located in Itaguai, Rio de Janeiro, Brazil, to start utilizing RightShip’s Maritime Emissions Portal (MEP) for the first time in the Latin American region.

  • Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead

    3 January 2024
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    The renewal of the global shipping fleet made a significant stride in 2023, with a total of 539 ships, equivalent to 45% of all newbuild orders placed last year by gross tonnage, being capable of running on alternative fuels, Clarksons Research said. “2023 was a hugely significant year in the shipping industries decarbonization pathway, with […]

  • 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 […]

  • No natural gas shortage in sight, as Türkiye plans to boost storage capacity while upgrading its facility to run on renewables

    3 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Transition

    Türkiye is taking steps to scale up its natural gas storage capacity and slash greenhouse gas emissions with renewables.

  • Hutchison Ports welcomes LNG-powered 23K TEU colossus CMA CGM Palais Royal

    25 December 2023
    Ports & Logistics, Vessels

    On December 19, Hutchison Ports BEST terminal received 23,000 TEU containership CMA CGM Palais Royal, one of the world’s largest liquefied natural gas (LNG)-powered vessels. 

  • 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.