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Seaspan inks charter deal with OOCL for new eco-friendly 13,600 TEU boxships
Clean Fuel

Seaspan inks charter deal with OOCL for new eco-friendly 13,600 TEU boxships

Hong Kong-based containership lessor Seaspan Corporation has signed a charter agreement Orient Overseas Container Lines (OOCL) for six 13,600 TEU containerships recently ordered at Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC).

about 2 years ago
Ashtead Technology has signed an agreement with Acteon Group to acquire Seatronics and J2 Subsea for £63 million (approximately $81.6 million)
Subsea
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Ashtead Technology buys two firms from Acteon in deal worth nearly $82 million

UK-headquartered subsea equipment rental and solutions provider Ashtead Technology has signed an agreement with Acteon Group to acquire Seatronics and J2 Subsea for £63 million (approximately $81.6 million), expanding its subsea survey and robotics rental portfolio by 30%. The acquisition expands A

about 2 years ago
climate change
Green Marine

Climate change is the first and foremost priority for European ports, report shows

Climate change has maintained its position as the foremost environmental concern for European ports, a new report found.

about 2 years ago
‘Challenging conditions’ prompt Neste to discontinue initial green hydrogen project at Porvoo refinery
Clean Fuel

‘Challenging conditions’ prompt Neste to discontinue initial green hydrogen project at Porvoo refinery

Amid “challenging market conditions and financial performance”, Finnish oil refining and marketing company Neste has decided to re-evaluate its plans for renewable hydrogen production and withdraw from investing in a 120 MW electrolyzer at its Porvoo refinery. Originally, Neste’s plan included build

about 2 years ago
TES teams up with Japanese equity fund to scale e-NG production
Clean Fuel

TES teams up with Japanese equity fund to scale e-NG production

Tree Energy Solutions (TES), a Belgium-based producer of electric natural gas derived from green hydrogen (e-NG), and Advantage Partners (AP), a Japanese private equity fund, are in discussions to explore potential investments in TES’ e-NG projects.

about 2 years ago
EU-backed project to support decarbonization through ‘innovative’ decision-making system
Energy Efficiency & Innovation

EU-backed project to support decarbonization through ‘innovative’ decision-making system

A consortium, including Finnish technology group Wärtsilä, has set sights on the development of a new system for the maritime industry that is aimed at improving access to reliable data to enable smarter shipping decisions related to decarbonizing fleet operations. The project, named ‘TwinShip’*, is

about 2 years ago
Van Oord’s hybrid cable layer debuts at RWE's 1.4 GW offshore wind farm
Alternative Fuels

Van Oord’s hybrid cable layer debuts at RWE’s 1.4 GW offshore wind farm

Van Oord’s new, next-generation cable-laying vessel (CLV) Calypso has begun installing cables at its first offshore wind project, marking its official debut. Calypso’s first project is RWE’s Sofia offshore wind farm, being constructed on Dogger Bank in the central North Sea, 195 kilometers from the

about 2 years ago
Damen
Clean Fuel

Damen hands over eco-friendly freighter to German company, confirms additional newbuild contract

The Netherlands’ Damen Shipyards Group has delivered the first of three combi freighters (CF) 3850 that it is building for Germany’s shipping company Reederei M. Lauterjung and signed a contract for the construction of another vessel from the series. As disclosed, upon arrival, the vessel, which was

about 2 years ago
Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project.
Floating Solar

Floating solar systems to use recyclable materials in EU-backed project

Through its Construction Technology Center, Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project. This breakwater is designed to shield offshore floating photovoltaic (FPV) systems from harsh sea con

about 2 years ago
GTT lands tank design deal for new TotalEnergies-chartered LNG bunkering vessel
Alternative Fuels

GTT lands tank design deal for new TotalEnergies-chartered LNG bunkering vessel

French technological containment specialist Gaztransport & Technigaz (GTT) has secured a new tank design order from Chinese shipyard Hudong-Zhonghua for a new LNG bunkering vessel being built for Ondimar Transportes Marítimos, a company of Spanish Ibaizabal Group. The order for the tank design of th

about 2 years ago
RTG
Clean Fuel

Japan: ‘First’ cargo handling ops using hydrogen-fueled RTG begin

First cargo handling operations using a hydrogen-fueled rubber-tired gantry (RTG) crane have begun in Japan.

about 2 years ago
Outer Harbor project site in February 2024; Source: Venice Energy
Fossil Energy

US firm bankrolls its Singapore arm’s entrance into Australian LNG market

Nebula Energy will foot the bill for its majority-owned AG&P LNG to spread its wings into the Australian liquefied natural gas (LNG) arena with the acquisition of Venice Energy, a developer of an import terminal project in South Australia, which is said to be the world’s first floating LNG (FLNG) im

about 2 years ago
'First-of-its-kind' open-access CO2 storage concept gets €225 million EU support
Energy Transition

‘First-of-its-kind’ open-access CO2 storage concept gets €225 million EU support

UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the EU Innovation Fund for what is said to be the first-of-its-kind large-scale solution for CO2 sequestration using shared, flexible offshore infrastructu

about 2 years ago
Topside structure of an offshore plant manufactured by Dyna-Mac; Source: Hanwha Ocean
Fossil Energy

As Singapore FPSO builder’s directors back its bid, South Korean shipbuilder closing in on takeover deal

The sweetened deal South Korea’s shipbuilder Hanwha Ocean made with an 11.67% rise in its final offer seems to have worked its magic, as the independent directors of Singapore-based offshore builder Dyna-Mac have recommended to shareholders to accept the cash offer.

about 2 years ago