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Royal Caribbean Group comes onboard Methanol Institute
The Methanol Institute (MI), a global trade association for the methanol industry, has welcomed cruise shipping major Royal Caribbean Group as its newest member. Royal Caribbean operates a global fleet of 64 ships and is a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruise
Anchoring solutions provider selected for Ørsted’s USVs
Anchoring solutions specialist Maxwell Marine has won a contract to design and supply a technical anchoring system for uncrewed surface vessels (USVs) for the world’s leading offshore wind developer Ørsted. The USVs will be used for offshore met-ocean measurement campaigns in the wind farm industry
Bumi Armada unveils new FLNG concept in response to rising gas demand
Bumi Armada has received the American Bureau of Shipping’s approval in principle (AIP) for a new FLNG infrastructure solution.
EU backs Dutch hydrogen innovator Battolyser Systems with €40 million
Supported by a guarantee from the InvestEU Fund, the European Investment Bank (EIB) has signed a €40 million financing deal with Dutch hydrogen innovator Battolyser Systems. According to EIB, the financing will enable Battolyser to scale its production facility in Rotterdam towards mass production o
Damen gets class and flag state approval for methanol-fueled workboats
Dutch shipbuilder Damen has won approval in principle for designs of methanol-powered compact vessels from the classification society Bureau Veritas and Dutch and Belgian flag authorities. The company said that it now offers designs for a wide range of methanol-powered workboats. The designs are a r
As UK’s offshore oil & gas industry slashes emissions, low-carbon era inches closer
OEUK has revealed in a new report that Britain’s offshore oil and gas industry has curbed its emissions footprint by 24% compared to 2018.
Moby taps Kongsberg for propulsion upgrade on five RoRo ferries
Norwegian equipment supplier Kongsberg Maritime has won a contract to upgrade the propulsion systems on five RoRo passenger ferries for Italian operator Moby.
World’s first green methanol-powered boxship visits Gothenburg
Laura Maersk, the world’s first green methanol-powered containership owned by Danish Shipping giant A.P.Moller Maersk, has visted the Port of Gothenburg.
TFK, JDR to supply Baltic Power onshore and subsea cables
TELE-FONIKA Kable (TFK), alongside JDR Cable Systems (JDR), has been awarded a contract to supply subsea and land cables for the 1.2 GW Baltic Power offshore wind farm in Poland. Together with partners NKT and DEME Offshore, TFK and JDR will design, manufacture, and install 340 kilometers of land an
With $64.5 billion merger in the works, ExxonMobil set on reinforcing US energy security and curbing emissions
ExxonMobil is in the process of acquiring Pioneer Natural Resources in an all-stock transaction, which will expand its U.S. footprint.
Study: Offshore gas pipelines can be reused for H2 transport before 2030
A study by Guidehouse and Enersea has shown that Noordgastransport (NGT) and NOGAT’s offshore infrastructure can be repurposed for hydrogen transportation before 2030 by rerouting certain gas fields, while still providing transportation services for current and future Dutch offshore natural gas. The
DNV: Despite falling short of Paris Agreement requirements, hydrogen technology set to bring significant changes to energy transition by 2050
Renewable and low-carbon hydrogen is expected to play an important role in decarbonizing and reducing emissions from hard-to-electrify sectors and reaching the Paris Agreement climate goals. While these targets require hydrogen to account for approximately 15% of the world’s energy demand by 2050, D
Net-zero by 2050 ambition at risk: In with renewables and out with fossil fuels ‘far from fast enough,’ warns DNV
DNV: The pace of the transition from fossil fuels to renewables is not being imbued with enough speed to reach net-zero by 2050 targets.
Greek TSO takes over the baton for EuroAsia Interconnector
EuroAsia Interconnector Limited, project promoter of the European Project of Common Interest (PCI 3.10), and Greek electricity grid operator Independent Power Transmission Operator (IPTO) have reached an agreement for the designation of IPTO as project promoter of the electricity interconnector that