Business Developments & Projects

SEAM: Key milestones unlocked in ammonia tugboat retrofit project with Amogy
Ammonia power solutions company Amogy Inc. and system developer and integrator SEAM have revealed that several milestones have been achieved in their retrofitting project of a 1957 tugboat with ammonia-to-power technology. The retrofit involves a comprehensive overhaul of the tugboat’s original dies

DOF charters 2013-built Jones Act vessel
DOF Group is chartering a 2013-built ultra-light intervention vessel from Bordelon Marine for work in the U.S. Gulf of Mexico. DOF announced the charter of the Jones Act-compliant Connor Bordelon to support the North America operation in the U.S. Gulf of Mexico for a one-year term with a one-year op

COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?
A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.

World’s 1st hydrogen-powered tug launched
The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the Port of Antwerp-Bruges. The port ordered the tug in 2019 from Antwerp-based Compagnie Maritime Belge (CMB) as part of its strategy of becoming a climate-neutral port by 2050. “Th

Artemis Technologies: Electric foiling boats ready to go global
UK-based maritime design and applied technologies company Artemis Technologies is taking Northern Ireland’s maritime capabilities into an exciting new era as it brings its ‘flying’ electric foiling boats to international markets with £2 million (about $2.5 million) backing from financial services co

NACKS wins LR approval for methanol-fueled Kamsarmax design
Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) for an 81,000 DWT Kamsarmax bulk carrier. The design, which was unveiled with the announcement of a joint development project earlier this year, features methanol propulsion and rotor sail ca

SSE Thermal becomes joint owner of Kellas’ blue hydrogen project in Teesside
SSE Thermal, an operator of energy storage assets, has acquired a 50% stake in H2NorthEast, a blue hydrogen project being developed by Aberdeen-based energy infrastructure company Kellas Midstream in Teesside, UK. By acquiring a 50% stake, SSE Thermal has become a joint owner of the project. Through

Eurazeo backs Samskip’s hydrogen-powered newbuilds with €22.5 million investment
Dutch logistics company Samskip Group has secured financing for its zero-emission short-sea container vessel through a strategic partnership with Eurazeo and Ness, Risan & Partners (NRP). The €22.5 million funding, part of the Eurazeo Sustainable Maritime Infrastructure (ESMI) fund, marks the fifth

ABL marks tidal power exclusion zone offshore France
ABL France has completed a marine technical study for French tidal energy developers Normandie Hydroliennes (NH) and HydroQuest to support safe development of tidal turbine pilot projects located off Normandy, France.

Atlantic area ports to explore the use of green hydrogen-based technologies
A consortium of eleven partners from public and private entities from Spain, France, Ireland, and Portugal has kicked off a project that will carry out pilot tests for the application of hydrogen and methanol as an energy alternative in the fleet and vehicles of the ports of the Atlantic area. The p

Zulu Associates unveils design for zero-emission wind-assisted English Channel vessel
Belgian maritime innovator Zulu Associates has revealed a new concept design of its 200 TEU autonomous short sea container vessel, the Zulu MASS, featuring an auxiliary wind assistance system.

Large-scale Dutch CO2 storage project passes to next phase
Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have progressed their large-scale CO2 storage project offshore the Netherlands to the next phase. L10CCS, to be connected to the Aramis CO2 transport and storage initiative in the Dutch part of the North Sea, has entere

Wintershall Dea’s appraisal well corroborates size of oil & gas discoveries, pushing them closer to development stage
Wintershall Dea has completed the drilling of an appraisal well in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

DOF downsizes its fleet by selling one of its vessels
DOF Rederi, a fully owned subsidiary of Norway’s vessel owner DOF Group, is in the process of divesting one of its platform supply vessels (PSVs).