Business Developments & Projects
Harnessing North Sea power for net zero future with provisional green light for two UK subsea cable links to Europe
Ofgem has recommended for approval plans for two high-voltage cable links to Europe, which have the potential to power millions of homes.
Project to develop world’s largest offshore floating solar power plant takes off
The consortium behind the Nautical SUNRISE project has started work to develop the world’s largest offshore floating solar power installation. The €8.4 million project, supported by €6.8 million of the Horizon Europe program, started in December 2023 to execute research and development on offshore f
HAV bags ship design deal for world’s first autonomous zero-emission ferries
Norway-based HAV Design has been selected to design and develop four newbuild autonomous battery-powered zero-emission ferries for compatriot Fjord1. Described as the world’s first, the ferries will operate the Lavik-Oppedal crossing on the northwest coast of Norway. HAV Group’s ship design business
SSE, Equinor ditch green hydrogen plans for Dogger Bank D offshore wind farm
SSE and Equinor have scrapped plans to produce green hydrogen in the fourth phase of the Dogger Bank Wind Farm project in the UK, focusing entirely on power generation from the offshore wind farm. The decision follows the confirmation of an onshore grid connection location in the East Riding of York
Veer to pick shipyard for first 100% zero-emission ocean-going boxship
The Bahamas-based maritime startup Veer is one step closer to deploying the first clean containership to cross an ocean as it will soon select a shipyard to commence the construction process.
NKT put in charge of monitoring 50Hertz’s onshore and offshore power cable systems
NKT has been hired on a framework agreement to provide cable monitoring solutions for 50Hertz’s existing and future cable systems.
Yara to receive green ammonia from Oman under new deal with ACME
Norwegian ammonia trade and shipping company Yara and Indian renewable energy company ACME have signed a long-term firm and binding agreement for the supply of ammonia produced in Oman with reduced CO2 emissions. According to Yara, the agreement is the result of 18-month negotiations during which th
Altera offloads towage business to focus on FPSO, shuttle tanker, and CCS ops
Altera Infrastructure has disposed of ALP Maritime Group, a Dutch provider of ocean towing, offshore positioning and mooring of floating platforms, heavy transport, and salvage operations.
Cable fault site found but Finland-Estonia electricity interconnection months away from coming back online
Elering has confirmed the detection of the fault location in Estonia and the duration of the out-of-service period for EstLink 2.
PowerCell joins new EU project to develop marine fuel cells
Swedish hydrogen fuel cell provider PowerCell has joined H2Marine, an EU project aimed at developing innovative hydrogen solutions with a focus on developing and testing fuel cells specifically for marine applications. The project entails a comprehensive process of design, development, testing, and
Update: Flights cleared for takeoff after suspension due to tragic helicopter crash
Following suspension due to a helicopter crash, all the companies have now made up their minds to resume their flights, according to Equinor.
Viking Line launches ‘green sea conferences’ to cut emissions by 90%
Finnish shipping company Viking Line has launched green sea conferences, a new biofuel-based sustainable initiative offered on the company’s two climate-smart vessels.
With natural gas in high demand, Shell forecasts global LNG growth will top 50% by 2040
Shell has revealed its latest outlook on the global demand for LNG, predicting a rise in demand of more than 50% by 2040.
KfW IPEX finances first climate-neutral terminal based on hydrogen
Germany’s KfW IPEX-Bank is providing financing for the new Duisburg Gateway Terminal (DGT), described as Europe’s first fully climate-neutral terminal using hydrogen technology and the first one to be intelligently networked.