Business Developments & Projects

Maersk inks landmark green methanol offtake agreement with China’s Goldwind
Danish integrated logistics company A.P. Moller-Maersk and Chinese clean energy company Goldwind have entered into the first large-scale green methanol offtake agreement for the global shipping industry.

Interview: Almost every ocean-going ship type can become a CO2 carrier
In the ever-evolving landscape of maritime innovation, one topic has emerged as a beacon of change and promise – carbon capture in shipping. As global efforts to decarbonize intensify, the role of CO2 capture, liquefaction, and transport is expected to grow in importance, especially in line with the

Technip Energies: Global deployment of CCS needed in all sectors as ‘essential’ piece of decarbonization puzzle
Which steps need to be taken to enhance the viability of CCUS as a decarbonization tool in the energy transition arsenal?

Tersan Shipyard finalizes takeover of Norway’s Havyard Leirvik
Turkish shipbuilding company Tersan Shipyard, part of Tersan Group, has completed the acquisition of Havyard Leirvik Shipyard, one of the group companies of Eqva ASA in Norway.

World’s first: On-board ammonia cracking system generates pure hydrogen
Spanish hydrogen transport solutions provider H2SITE has commissioned the world’s first on-board ammonia cracking system, generating high-purity hydrogen coupled with a PEM fuel cell which is used to produce electricity for the ship’s auxiliary consumptions. The company shared the milestone on Novem

Horisont Energi-Koole Terminals partnership to include CCS value chain
Horisont Energi, a clean energy company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a non-binding memorandum of understanding (MoU) to continue their collaboration to explore the potential development of a European carbon ca

MSC Celestino Maresca named at Italy’s largest port
MSC Mediterranean Shipping Company, the biggest shipping company in the world, has named its newest 24,000+ TEU fuel-efficient containership.

Metocean campaign starts at floating wind farm site offshore Scotland
Salamander, a joint venture between Ørsted, Simply Blue Group, and Subsea7, has launched floating LiDAR and wave buoys as part of the metocean campaign for the proposed floating offshore wind project off the northeast of Scotland. The survey, conducted by Fugro, will run for twelve months and produc

AW-Energy and partners appoint ESIA consultant for Namibia’s wave energy pilot
Kaoko Green Energy Solutions and AW-Energy have appointed I.N.K Enviro Consultants to conduct the environmental and social impact assessment (ESIA) for the WaveRoller wave energy pilot project.

Enersea delivers cable installation system for DEME’s Viking Neptun
Enersea has designed a modular next-level cable installation system (CIS) for DEME’s DP3 multipurpose installation vessel Viking Neptun. Enersea’s scope consisted of concept and detailed design along with fabrication, mobilization and site support. According to the company, the complete project was

CSL orders MAN GenSets for hydrogen-powered feeders
India’s shipbuilding major Cochin Shipyard Ltd (CSL) has ordered MAN’s high-speed gensets to supply backup diesel-electric propulsion for Samskip’s hydrogen-powered feeders. Rotterdam-based Samskip Group has two short-sea feeder container ships under construction at CSL. Known as the SeaShuttle proj

IHI and Vopak unite for development of ammonia terminals in Japan
Japan’s IHI Corporation and Dutch Royal Vopak have signed a memorandum of understanding (MoU) to jointly explore the development and operation of efficient, high-value-added ammonia terminals in Japan, with a possibility to expand the collaboration to other regions. According to the companies, the c

3D model-based classification approvals simplify ship design processes, new JDP confirms
Classification society Bureau Veritas (BV), the Shanghai Merchant Ship Design & Research Institute (SDARI) and maritime software provider NAPA have completed the first phase of a joint development project (JDP) to enable 3D model-based approvals for the classification of ships.

JDR’s new subsea cable factory hits several construction milestones
JDR Cable Systems, part of the TFK Group, has achieved several milestones in the construction of its new £130 million subsea cable manufacturing facility in Cambois, near Blyth, Northumberland. The facility, set to expand the product offerings of JDR and TFKable, will produce high and extra-high vol