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Business Developments & Projects

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Renewables in action: ‘World’s largest’ commercial e-methanol plant inaugurated
Business Developments & Projects

Renewables in action: ‘World’s largest’ commercial e-methanol plant inaugurated

Kassø Power-to-X facility in Aabenraa, Denmark, dubbed the world’s largest commercial e-methanol facility, has been officially inaugurated and is supplying e-methanol to offtakers, including shipping giant Maersk.

about 1 year ago
MeyGen (SAE Renewables)
Business Developments & Projects

New report outlines pathway to scaling up Scotland’s tidal energy sector

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A new report from the European Marine Energy Centre (EMEC) calls for coordinated regulatory reform to unlock Scotland’s tidal energy potential while addressing environmental concerns over harbour seals. According to EMEC, the new report published today, May 13, Managing the Consenting Risk of Harbou

about 1 year ago
MacGregor to deliver electric cargo cranes for four Vertom’s multipurpose vessels
Business Developments & Projects

MacGregor to deliver electric cargo cranes for four Vertom’s multipurpose vessels

MacGregor has secured an order from the Vertom Group to deliver fully electric cargo cranes for four multipurpose vessels to be built in India.

about 1 year ago
KCC concludes energy efficiency retrofit program, reports ‘meaningful emissions reductions’
Business Developments & Projects

KCC concludes energy efficiency retrofit program, reports ‘meaningful emissions reductions’

Norwegian shipowner Klaveness Combination Carriers (KCC) has completed its energy efficiency retrofit program in a bid to deliver “the most carbon-efficient deep-sea shipping solution in the tanker and dry bulk segments”.

about 1 year ago
Deepsea Bollsta; Source: Odfjell Drilling
Business Developments & Projects

More time for cleantech player on Odfjell-operated rig in Norwegian Sea

Norway-based cleantech service provider Soiltech has won contracts with OMV Norge, a compatriot subsidiary of Austria-headquartered oil and gas player OMV, and Northern Ocean Wind for drilling waste management on a semi-submersible rig managed by Odfjell Drilling and owned by Northern Ocean.

about 1 year ago
ESL Shipping
Business Developments & Projects

ESL Shipping secures loan from NIB for 4 green methanol-powered bulkers

The Nordic Investment Bank (NIB), a Finland-based financial institution of the Nordic and Baltic countries, has signed a 10-year loan agreement with compatriot shipowner ESL Shipping to finance the construction of four IA ice-classed green Handysize ships.

about 1 year ago
Fugro will use Blue Eclipse USV for this job; Source: Fugro
Business Developments & Projects

Fugro’s largest USV going on seabed mapping duty in North Sea

Dutch geo-data specialist Fugro is sending an uncrewed surface vessel (USV), said to be the largest one in its fleet, on a seabed data acquisition mission in the North Sea, which will enable Norway’s MAREANO seabed mapping program to tuck a new first under its belt with the first USV technology fora

about 1 year ago
From left: Manos Manousakis, Chairman and CEO of IPTO; Kyriakos Mitsotakis, Prime Minister of the Hellenic Republic; Giorgia Meloni, Italian Prime Minister; and Giuseppina Di Foggia, CEO and General M
Business Developments & Projects

New €1.9 billion Greece–Italy subsea interconnection in the pipeline

Terna and IPTO have taken steps to move forward with a new high-voltage direct current (HVDC) link between Italy and Greece to strengthen regional cooperation, boost energy security, and put the wind in Europe’s transition to greener sources of supply.

about 1 year ago
Chevron recently brought online a subsea tie-back to the Blind Faith platform; Source: Chevron
Business Developments & Projects

Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion

Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion.

about 1 year ago
CEVA launches new low-carbon ocean freight service
Business Developments & Projects

CEVA launches new low-carbon ocean freight service

CEVA Logistics, a part of French shipping group CMA CGM, has started a new low-carbon ocean freight service between France and Ivory Coast, leveraging marine biofuel and anticipating an 84% reduction in CO2 emissions compared to conventional ocean freight.

about 1 year ago
Cavotec nets €8.1 million shore power order from mystery container shipping company
Business Developments & Projects

Cavotec nets €8.1 million shore power order from mystery container shipping company

Switzerland-based cleantech company Cavotec has signed an order valued at €8.1 million with an undisclosed global container shipping company to deliver complete shore power systems for newly built container vessels.

about 1 year ago
TGS nets shallow-water survey contract off Trinidad, wraps up Gulf Coast CO2 storage assessments
Business Developments & Projects

TGS wraps up basin seismic survey to improve imaging of volcanic region

Norway-based energy data and intelligence player TGS has completed the seismic survey in Norway’s Vøring Basin as part of a two-year campaign to advance exploration in the complex volcanic region on the mid-Norwegian continental margin. According to TGS, the survey covers approximately 8,000 square

about 1 year ago
Karpowership unit invests in green hydrogen solutions for maritime industry
Business Developments & Projects

Karpowership unit invests in green hydrogen solutions for maritime industry

Kinetics, a new company launched by Turkiye’s Karpowership specializing in floating LNG assets and renewable energy, has made a strategic investment in Power to Hydrogen, a U.S.-based manufacturer of anion exchange membrane (AEM) electrolyzers, to support innovation and decarbonization in the energy

about 1 year ago
Royal Bodewes: Keel laid for Meriaura’s biofuel-powered cargo vessel
Business Developments & Projects

Royal Bodewes: Keel laid for Meriaura’s biofuel-powered cargo vessel

Dutch shipyard Royal Bodewes has held a keel laying ceremony for NB 832, Finnish shipping company Meriaura’s first biofuel-powered 6735 dwt cargo vessel.

about 1 year ago