1992 results found for 'TECO 2030'

1992 results found for 'TECO 2030'
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  • Construction of PIL’s LNG dual-fuel containerships begins in China

    20 December 2023
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Singapore-based shipping company Pacific International Lines (PIL) has celebrated the beginning of the construction of its first 8,000 TEU LNG dual-fuel containership, Kota Ocean, at the Chinese shipyard Yangzijiang Shipbuilding. On December 19, representatives from PIL, Yangzijiang Shipbuilding, and Lloyd’s Register first signed an agreement to officially commence the construction work which was then followed […]

  • 2024 offshore drilling outlook: Westwood’s top three predictions for rig market

    2 January 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders

    Westwood Global Energy, an energy market research and consultancy firm, has outlined its top three predictions for 2024.

  • Producers vow to deliver 11 million tons of hydrogen-derived marine fuel by 2030

    6 December 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy

    Green hydrogen producers have agreed to produce 11 million tons of the low-emissions fuel for use by the shipping sector by 2030 as part of a Joint Commitment that aims to enable the use of renewable hydrogen-derived shipping fuel this decade to meet maritime industry decarbonization targets. The Joint Commitment, organized by the UN High Level […]

  • US – natural gas love affair: Policymakers urged to acknowledge LNG’s ‘vital’ role in clinching global energy security and decarbonization

    15 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    API is adamant that oil and gas will continue to be at the heart of energy security with LNG further entrenching its transition fuel label.

  • 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.

  • MacGregor’s equipment for world’s largest zero-carbon ready Aurora-class PCTCs

    11 December 2023
    Equipment, Vessels

    MacGregor, part of Cargotec, has been selected to supply comprehensive packages of RoRo equipment for an additional four multi-fuel and zero-carbon ready Aurora-class pure car and truck carriers (PCTCs) for Höegh Autoliners. 

  • ‘West Green Shipping Corridor’ to link North America and Asia

    8 December 2023
    Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Canada has signed a memorandum of understanding (MOU) to pursue the establishment of a green shipping corridor between Canada’s West Coast and ports in the United Arab Emirates, Korea and Japan.

  • COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

    11 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Project & Tenders, Regulation & Policy, Technology, Transition

    As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

  • 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).

  • 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 […]

  • 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’ […]

  • World’s first cost-efficient green methanol pilot plant inaugurated in Germany

    21 November 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Transition

    The German research consortium has inaugurated the world’s first pilot plant for the cost-efficient production of green methanol in the Leuna Chemical Park. The pilot plant was inaugurated on November 20 as part of the Leuna100 project which was launched in the Leuna Chemical Park in August 2023 and is set to run for three […]

  • SWS breaks annual target with delivery of 7000TEU newbuild to X-Press Feeders

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

    Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered the X-Press Pisces, a 7000TEU container vessel to Singapore-based shipowner X-Press Feeders. The delivery comes on the heels of SWS surpassing its annual delivery targets with 23 merchant vessels and offshore products delivered throughout the year. The IMO Tier III containership […]

  • ONE pulls trigger on new ships with order for 12 methanol dual-fuel boxships

    22 November 2023
    Vessels

    Singapore-based shipping company Ocean Network Express (ONE) has placed an order for twelve new methanol dual-fuel contanerships.

  • 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 […]

  • 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.

  • 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.

  • CCS, hydrogen, and electricity cross-border energy projects hailed as ‘missing links’ to future-proof EU

    29 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy, Rules & Regulation

    EU’s PCI list entails grid upgrades and the buildout of more hydrogen, green electricity, and carbon capture, utilization, and storage (CCUS).

  • Frontline completes exit from Euronav as Belgian tanker major opens ‘new chapter’ under Alexander Saverys’ reins

    23 November 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Norwegian tanker major Frontline has completed the sale of its stake in Euronav cementing the acquisition of a fleet of 24 ECO very large crude carriers (VLCCs) from the company and formally becoming the largest pure-play tanker owner in the public domain measured by dwt. The transaction is part of a deal with Euronav’s biggest shareholder […]

  • Fugro bolsters marine robotics offering with acquisition of SEA-KIT

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

    The Netherlands-headquartered geo-data specialist Fugro has reached a binding agreement for the acquisition of the remaining shares in SEA-KIT International.

  • 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 […]

  • TORM beefing up its fleet with eight eco LR2 tankers

    9 November 2023
    Business Developments & Projects, Vessels

    Danish shipping company TORM has entered into an agreement to acquire a total of eight eco LR2 tankers, as part of its fleet expansion efforts.

  • NYK boosts fleet with new LNG-powered PCTC

    10 November 2023
    Business Developments & Projects, Infrastructure, Vessels

    Japanese shipping company Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group.

  • 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.

  • Höegh Autoliners & Yara Clean Ammonia enter clean ammonia supply deal

    2 November 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Ammonia distributor Yara Clean Ammonia, a subsidiary of Yara International, and shipowner Höegh Autoliners, both Norwegian companies, have agreed on a future supply deal for clean ammonia. Höegh Autoliners noted that the partnership follows separate initiatives in both companies in two important parts of the value chain, namely supply and demand. In May 2023, the […]