2016 results found for 'TECO 2030'

2016 results found for 'TECO 2030'
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  • Japan’s first LNG-powered Capesize bulker delivered

    7 February 2024
    Infrastructure, Vessels

    The first Capesize LNG-fueled bulk carrier to be built at a shipyard in Japan has been named.

  • Fresh oil, gas, and drilling plays shape global energy ecosystem

    12 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.

  • Longship orders eco-friendly cargo ship pair in the Netherlands

    1 February 2024
    Business Developments & Projects, Infrastructure, Vessels

    The Netherlands-based shortsea ship operator and logistics company Longship has entered a joint newbuilding project with Norway’s shipbroker Wagle Chartering for two general cargo ships.

  • Japanese majors to develop next-gen eco-friendly VLCC, set to cut GHG emissions by 40%

    31 January 2024
    Business Developments & Projects, Green Marine, Innovation, Research & Development

    Japanese maritime leaders Idemitsu Tanker Co., Iino Kaiun Kaisha, Nippon Yusen Kabushiki Kaisha (NYK), and Nippon Shipyard Co. have joined forces to create a consortium to design and build a low-emission Very Large Crude Carrier (VLCC). The consortium is targeting up to 40% reduction in greenhouse gas emissions for the Malacca Max-type VLCC when compared […]

  • 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.

  • Euronav orders 4th ammonia-ready VLCC, charters out Suezmax duo as it exits transformative quarter

    1 February 2024
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Belgian tanker major Euronav has placed an order for an additional dual-fuel ammonia-ready Very Large Crude Carrier (VLCC) at Qingdao Beihai shipyard in China, confirming previous broker reports on the deal. The order was placed in January 2024. Combined with the three orders announced in 2023, the latest contract brings the total to four ammonia-ready […]

  • Ocean Infinity takes delivery of eighth and final ammonia-ready Armada vessel

    25 January 2024
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels, Vision

    Houston-based marine robotics company Ocean Infinity has taken delivery of the last in a series of eight new high-tech, ammonia-ready Armada vessels. The vessel NB 941 was delivered by Vard Vung Tau in Vietnam on January 24. Vard received a contract to design and build these highly advanced, 78-meter vessels in November 2020. The units […]

  • Wallenius Wilhelmsen lands lucrative contracts worth $1.2 billion

    30 January 2024
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Oslo-listed Wallenius Wilhelmsen has sealed two contracts worth over $1.2 billion with an unnamed global construction and mining equipment manufacturer and one of the largest automotive distributors in the Americas. The first multi-year shipping contract, valued at approximately $1 billion based on expected volumes is valid for three years with an optional two-year extension. The […]

  • 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 […]

  • Wisdom Lines sets sail into 2024 with $80 million investment

    22 January 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Taiwanese shipping company Wisdom Lines is starting 2024 with a $80 million investment in two 84,000 dwt bulk carriers. The company revealed that its Board of Directors approved the purchase of the vessels, which are set to be constructed by Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the Chinese base of Japan’s Tsunesihi Shipbuilding.  Wisdom […]

  • Singapore Registry of Ships crosses 100 million GT mark as AET names LNG dual-fuel VLCC

    23 January 2024
    Authorities & Government, Infrastructure, Regulation & Policy, Vessels

    With the launch of AET’s Singapore-flagged very large crude carrier (VLCC) Eagle Veracruz, the Singapore Registry of Ships (SRS) has crossed the 100 million gross tonnage milestone.

  • 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).

  • 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.

  • 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.

  • 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 […]

  • 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 […]

  • 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.

  • 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.

  • TECO 2030, partners launch hydrogen tanker concept

    13 June 2022
    Business Developments & Projects, Infrastructure, Transition, Vessels

    Norwegian cleantech company TECO 2030 has introduced a hydrogen-powered tanker concept, Hy-Ekotank, together with its partners Ektank AB, Shell Shipping and Maritime, and DNV.

  • 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 to cooperate on enhancing research on hydrogen in Norway

    21 October 2021
    Business Developments & Projects, Research & Development

    Cleantech company TECO 2030 has signed an agreement with UiT The Arctic University of Norway to cooperate on enhancing research on hydrogen and fuel cells.

  • TECO 2030, Shell, and partners launch HyEkoTank project

    8 February 2023
    Business Developments & Projects, Collaboration, Equipment, Green Marine, Project & Tenders, Research & Development

    TECO 2030, Shell, and consortium partners have started the HyEkoTank project which has been awarded a €5 million grant under the European funding scheme HORIZON EUROPE. The project started on 1 February and is planned to last for 3 years, with the ultimate goal of eliminating emissions during voyages and in port. TECO 2030 said […]