Business Developments & Projects
Metacon unifies its brand platform to boost market visibility
Helbio, a wholly-owned Greek subsidiary of the Swedish manufacturer of energy systems for green hydrogen production Metacon AB, is changing its name to Metacon S.A., along with integrating the company’s operations into Metacon AB’s IT, branding and financial platform, thus consolidating Metacon as a
WinGD seals four-way partnership for CMB.TECH ammonia engines
Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECH’s order of X72DF-A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) have also signed the agreement for the joint undertakin
IWSA: More wind-powered ships than large cargo vessels running on low and zero-carbon fuels
The International Windship Association (IWSA) has issued an open letter to the Heads of State and delegates at the 28th Conference of the Parties of the UNFCCC (COP 28), urging them to recognize the vital role of direct wind propulsion in the decarbonization of the maritime sector. This appeal, alig
Norway still holds ‘valuable’ gas resources but uncertainty looms over development for some
The Norwegian Petroleum Directorate (NPD) has conducted a mapping of gas resources that have yet to be developed.
Snam completes purchase of FSRU BW Singapore to be deployed off Ravenna
Italian energy player Snam has finalized the acquisition of the floating storage and regasification unit (FSRU) BW Singapore which will be deployed offshore Ravenna, Italy, contributing to the country’s energy security and diversification. On July 6, 2022, Snam and BW LNG signed the agreement for th
Blue Mediterranean Partnership gains momentum with €1 billion investment pledge at COP28
The Blue Mediterranean Partnership, a collaborative initiative aimed at fostering a sustainable blue economy in the Mediterranean region, has received a substantial boost with key stakeholders, donors, and beneficiary country representatives signing a letter of intent at COP28, vowing to make the pa
Shell gets rubber stamp to deploy Odfjell Drilling-managed rig for ops in North Sea
Shell has received the green light to use an Odfjell Drilling-managed rig for plugging and abandonment activities in the North Sea.
South Wales makes strong case for investment in CO2 shipping infrastructure
A new study released on December 4 demonstrates a strong economic case for public investment into CO2 shipping infrastructure in South Wales.
Methanol-ready ECOaster vessel design wins DNV’s green light
A methanol-ready ship concept developed in Oldenburg, Germany, has received Approval in Principle (AIP) from the international classification society DNV. The project is supported by the companies claus rodenberg waldkontor, Fehn Ship Management, Reederei Rörd Braren, and HB Hunte Engineering, which
AFC Energy starts its first ammonia-to-hydrogen cracker demonstration plant
AFC Energy, a UK-based provider of hydrogen power generation technologies, has launched its first ammonia-to-hydrogen cracker demonstration plant. The plant, designed, built and commissioned by AFC Energy, is located in the UK and the ammonia is sourced from OCI Global, a producer and distributor of
New joint study looking into Oman-Netherlands liquid hydrogen corridor
The Government of Oman and Hydrom have signed an agreement with Port of Amsterdam, Zenith Energy Terminals, and GasLog to jointly study the development of a liquid hydrogen supply chain that will deliver Omani green hydrogen to the Amsterdam port and onwards to Europe. The agreement was signed at th
Bureau Veritas launches new rules for hydrogen-fueled ships
Classification society Bureau Veritas (BV) has published its first classification Rules for hydrogen-fueled ships to support the safe development of hydrogen propulsion in the maritime sector. The rules outline technical requirements for the safe bunkering, storage, preparation, distribution, and us
Cepsa and Maersk-backed C2X to develop largest green methanol plant in Europe
Maersk-backed methanol developing and producing company C2X has teamed up with Spanish energy giant Cepsa to develop a green methanol plant in the port of Huelva, southern Spain. The project aims to reach an estimated annual production capacity of 300,000 tons of green methanol, which Cepsa calculat
Lhyfe’s new project in Lubmin to support future European hydrogen backbone
French hydrogen producer Lhyfe has unveiled plans for a new 800 MW project in Lubmin, Germany, to supply the future European hydrogen backbone network. Lhyfe revealed that the company plans to produce up to 330 tons of green hydrogen per day in the Lubmin plant, which is said to be one the largest p