Search results for: GTT group

1063 results

A list of search results

  • Interview: To help boost confidence and give clear direction for tidal energy, UK government should set 1GW target for 2035

    25 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vision

    Jeremy Smith, CEO of QED Naval and its Welsh subsidiary Mor Energy, talked with Offshore Energy about the funding it received in the latest UK government’s contracts for difference auction, the Subhub tidal energy technology, the issues the sector is facing in the UK and what can be done to accelerate its route to commercial maturity.

  • MSC vows to acquire a 49% shareholding in Hamburg’s HHLA

    13 September 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics

    A wholly owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest container shipping company, has revealed plans to acquire a substantial 49% shareholding in HHLA Hamburger Hafen und Logistik AG, a prominent port operation, container transport, and logistics group headquartered in Hamburg, Germany. Specifically, HHLA revealed that on September 13, the Port of Hamburg […]

  • Are Gulf of Mexico vessel restrictions a boon for whales but a curse for America’s offshore oil & gas industry?

    12 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety, Transition, Vessels

    New report warns that restrictions on oil & gas vessels in the Gulf of Mexico will undermine U.S. energy security and hamper economic growth.

  • Are natural gas and renewables keys to unlocking a low-emission energy future in the US?

    29 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    America is in need of an all-inclusive energy strategy, which features natural gas as a crucial element along with renewable energy, to come to grips with climate and energy challenges.

  • CMA CGM opts for Wärtsilä’s FGSS systems for 23K TEU boxship quartet

    31 August 2023
    Equipment

    Finnish technology group Wärtsilä will supply the LNG Fuel Gas Supply (FGSS) systems for four new 23,000 TEU containerships being built for France-based shipping giant CMA CGM at the Hudong Zhonghua Shipbuilding yard in China. 

  • As Florida Governor pledges to unleash ‘American energy dominance’ and slash gas prices to $2 by 2025, California hits out at fossil fuels industry

    21 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Project & Tenders, Regulation & Policy, Transition

    There is almost an insurmountable gap between the latest energy policies being advocated by Florida Governor and California’s governor.

  • ‘Demonisation’ of oil & gas seen as misleading: Is CO2 the main culprit responsible for climate change or the sun?

    7 September 2023
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Transition

    Three new research papers point a potential finger at the changes in solar activity as the primary cause of climate change.

  • NREL researchers help developers prepare for harsh wave energy conditions of the Pacific

    14 September 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    Researchers at the National Renewable Energy Laboratory (NREL) have started working with four promising wave energy companies as they prepare to deploy their devices at PacWave South, a new grid-connected wave energy test site off the Oregon coast.

  • CMA CGM wraps up GCT acquisition, eyes development and decarbonization investments

    1 September 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics

    French shipping major CMA CGM Group has finalized its acquisition of Global Container Terminals (GCT) Bayonne and New York terminals which was announced in December last year. “Through this strategic investment, the group strengthens its position as a global port terminal operator, and a leading supply chain player in the United States providing end to […]

  • Maersk CEO: 19 out of 25 green methanol-fuelled containerships already in production

    14 September 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Maersk, a pioneering force in the shipping industry, is well on its way to completing its ambitious newbuilding program comprising 25 ships powered by green methanol. Speaking at today’s historic naming ceremony for its first methanol-powered ship, Vincent Clerc, CEO of A.P. Moller Maersk, revealed that the construction of the lion’s share of these ships […]

  • Silverstream partners with Cosco Shipping to propel air lubrication uptake

    11 September 2023
    Equipment, Vessels

    UK-based cleantech company Silverstream Technologies has signed a high-level memorandum of understanding (MOU) with Chinese shipyard group COSCO Shipping Heavy Industry (CHI) to explore opportunities to install Silverstream’s air lubrication system in CHI shipyards.

  • GCMD, SGMF to develop guidelines on the use of ammonia as marine fuel

    7 September 2023
    Business & Finance, Business Developments & Projects

    The Global Centre for Maritime Decarbonisation (GCMD) and the Society for Gas as a Marine Fuel (SGMF) have signed a 2-year Coalition Partnership agreement during Gastech 2023. Under the agreement, GCMD and SGMF plan to collaborate on reshaping standards by developing guidelines on the use of ammonia as a marine fuel. SGMF’s guidelines for LNG […]

  • African nations back carbon levy on shipping

    11 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    A coalition of 20 African nations has thrown their weight behind the Nairobi Declaration, advocating for a global carbon levy on shipping. The declaration was adopted at the Africa Climate Summit held in Nairobi last week, and it calls for new global taxes to fund climate change action and adaptation efforts. The Nairobi Declaration underscores […]

  • California’s lawsuit against ExxonMobil, Shell, BP, ConocoPhillips and Chevron seen as ‘monster of a climate case’

    19 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Five oil majors together with API are being sued in California for their alleged role in downplaying the risks posed by fossil fuels.

  • New CEO takes the reins at Vår Energi

    6 September 2023
    Business & Finance, Business Developments & Projects, Human Capital, Project & Tenders

    Vår Energi has welcomed a new CEO to spearhead its strategy execution, market engagement, and stakeholder management.

  • Reports: Hapag-Lloyd doesn’t make it to the shortlist in the bid for HMM

    31 August 2023
    Business & Finance, Business Developments & Projects

    The fervent contest to secure ownership of South Korea’s premier shipping enterprise, HMM Co., has recently taken a compelling turn with the entry of Hapag-Lloyd AG, Germany’s foremost container shipping powerhouse. Hapag-Lloyd, Germany’s most prominent and the fifth largest global player, stood as the lone foreign participant in the bid next to South Korean competitors. […]

  • Amprion reveals energy corridor project to bring 8 GW of offshore wind to North Rhine-Westphalia

    29 August 2023
    Business Developments & Projects, Infrastructure

    Amprion Offshore has started working on an energy corridor project that would bring electricity produced by up to 8 GW of offshore wind farms in the North Sea directly to the German state of North Rhine-Westphalia. Named Windader West, the energy corridor involves building four offshore grid connection systems that would use the new-generation 2 […]

  • Wärtsilä rolls out onboard carbon capture and storage feasibility studies

    29 August 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Equipment, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    Technology group Wärtsilä has added carbon capture and storage (CCS) feasibility studies to its portfolio of products intended for shipowners and operators. The company has already conducted a number of studies on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container vessel, and a gas carrier as part of […]

  • First steel cut for two large new oil & gas projects in North Sea

    5 September 2023
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders

    Aker BP has celebrated the start of the fabrication phase for two oil and gas projects, which are located in the Norwegian sector of the North Sea.

  • GTT receives new LNG tank design order from Hudong-Zhonghua

    25 July 2023
    Business Developments & Projects, Equipment, Infrastructure, Technology

    French LNG containment specialist GTT has secured an order from Chinese shipbuilder Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of two new LNG carriers. GTT said the order was received in the second quarter and was placed on behalf of an undisclosed Asian shipowner. The French company will design the tanks of the […]

  • ORCA AI joins 2nd phase of Japan’s fully autonomous ship project

    30 August 2023
    Automation, IT & Software, Vessels

    Tel Aviv-based maritime technology company Orca AI has revealed that it will participate in the second development stage of the MEGURI2040 full autonomous ship project administered by Japan’s Nippon Foundation.

  • Horisont Energi and Fertiberia firm up Barents Blue partnership

    24 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Norwegian clean energy company Horisont Energi has signed a joint development agreement with Spanish ammonia producer Fertiberia as the new partner in its clean ammonia project Barents Blue, thus strengthening the partnership formed by the two companies earlier this year. According to Horisont Energi, the joint development agreement builds on the cooperation agreement signed by […]

  • GTT names new chief financial officer

    29 July 2021
    Human Capital, Outlook & Strategy

    French LNG containment specialist GTT has appointed Virginie Aubagnac as the new chief financial officer.

  • GTT receives €4.66M for CO2 capture system design for MerVent 2025

    3 February 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Technology, Vessels

    As part of the MerVent 2025 project, French LNG containment specialist GTT has received €4.66 million in funding from a French public investment bank Bpifrance for the design of an onboard CO2 capture system and for the development of intelligent operational performance solutions. Within the framework of the project, GTT said it is developing an […]

  • Interview: ‘No silver bullet’ in sight for energy transition woes but gas at the heart of low-carbon shift

    4 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Transition

    Leveraging digital tools to tap into advanced well-performance analytics in the cloud helps producers to get ahead of the demand curve.