Norwegian company Navigare Shipping Logistics has ordered four diesel-electric GADUS vessels from Dutch shipbuilder Thecla Bodewes Shipyards.
Nordic energy company Gasum has signed a letter of intent (LOI) with Finnish shipping company Viking Line on joining Gasum’s FuelEU Maritime pooling service.
Swedish e-fuel plant developer Liquid Wind has secured €44 million in Series C financing to support the development of ten e-fuel facilities by 2027. The raise, which is said to be one of the largest funding rounds in Europe for e-fuels this year, was led by Uniper, HYCAP Fund I SCSp, and Samsung Ve
Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a newly formed partnership between The CSL Group and Offshore Wind Logistics (OWL), has placed an order for the construction of two subsea rock installation vessels that will service the offshore wind sector. The DP2 vessels will each h
Hydrogen projects face risks from uncertainties of future hydrogen demand and high costs, and the EU is likely to miss the 2030 strategic goal of 20 Mt renewable hydrogen consumption, according to a hydrogen monitoring report from the European Union Agency for the Cooperation of Energy Regulators (A
Danish ferry and logistics company DFDS has completed the acquisition of the international transport network of Ekol Logistics, headquartered in Türkiye’s capital city of Istanbul. As disclosed, DFDS purchased the Turkish logistics player for a debt-free price of DKK 1.8 billion (about €240 million)
The University of Western Australia’s (UWA) Moored MultiModal Multibody (M4) wave energy converter (WEC) has passed a survival mode test, demonstrating its endurance in harsh offshore conditions. During testing on November 18, 2024, the device endured waves up to 2 meters high, achieving a maximum
South Korean shipping company HMM has welcomed two newbuild LNG-powered 7,700 TEU containerships chartered from Greek shipowner Navios. The two ships named HMM Ocean and HMM Sky were built by HJ Shipbuilding & Construction (HJSC) in South Korea under the shipbuilding order placed by Navios in 2022.
Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has exercised its previously announced option to construct two further 48,500 cbm liquefied ethylene gas carriers (LEGCs) in China.
Wind propulsion specialist Norsepower has completed the installation of two rotor sails on Oceanus Aurora, a dual-fuel very large gas carrier (VLGC) owned by Japanese shipping company IINO Kaiun Kaisha (IINO Lines) and chartered by Austrian chemical company Borealis. Under the contract from March 20
Norwegian ocean services provider DeepOcean has secured what it says is its largest contract on record which includes the provision of subsea inspection, maintenance and repair (IMR) for compatriot state-owned energy company Equinor, keeping it busy for eight years, from 2027 to 2035. DeepOcean said
ExxonMobil has pulled out of a block containing a gas discovery off the coast of Suriname and transferred its stake to its partner.
Scottish wave energy company Mocean Energy has clinched an engineering study with a “major energy operator” to further explore the integration of its Blue Star wave energy device into their project. According to Mocean Energy, this follows their first collaboration and builds on the growing potentia
Hamburg-based H2Global, a foundation dedicated to accelerating the emergence of markets for clean hydrogen and other low-emissions technologies, and the Solar Energy Corporation of India (SECI) have signed a memorandum of understanding (MoU) to build cross-border hydrogen collaboration. The MoU sign
