Business Developments & Projects

World’s 1st methanol-powered boxship completes Europe’s inaugural methanol bunkering on final leg to Copenhagen
Slowly but surely the world’s first containership powered by green methanol is making its way from South Korea to its final destination of Copenhagen where it will be christened in September. The 2,100 TEU boxship, built by Hyundai Mipo Dockyard, has arrived in the Port of Rotterdam, the final stop

OceanPal becomes partner in a deal for methanol-ready tanker newbuilding pair
Nasdaq-listed shipowner OceanPal Inc. announced that it is investing in a Norwegian entity, RFSea Infrastructure II AS, that will construct two methanol-ready, stainless steel chemical tankers. The two 600 dwt chemical tankers, ordered under two separate contracts, will be built at China’s Wuhu Ship

AW-Energy hops on Halliburton Labs Clean Energy Accelerator
AW-Energy, a Finnish near-shore wave energy technology developer, has joined the Halliburton Labs Clean Energy Accelerator program, gaining access to broad range of know-how to scale up its business.

Amprion reveals energy corridor project to bring 8 GW of offshore wind to North Rhine-Westphalia
Amprion Offshore has started working on an energy corridor project that would bring electricity produced by up to 8 GW of offshore wind farms in the North Sea directly to the German state of North Rhine-Westphalia. Named Windader West, the energy corridor involves building four offshore grid connect

Wärtsilä rolls out onboard carbon capture and storage feasibility studies
Technology group Wärtsilä has added carbon capture and storage (CCS) feasibility studies to its portfolio of products intended for shipowners and operators. The company has already conducted a number of studies on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container

Remota hand-picked to operate and manage newbuild unmanned surface vessel
Remota has been contracted by USV to operate and manage remotely controlled offshore operations for its first newbuild USV.

With offshore licence offers from 25 oil & gas players, Norway keeps its position as exploration hub
Norway received offers for production licences from 25 companies for further exploration activity on the NCS, as part of the APA 2023 round.

ERMA FIRST’s AMP system recognized as energy saving device
DNV classification society has issued a letter of professional opinion confirming that ERMA FIRST’s alternative maritime power (AMP) system, BLUE CONNECT, meets the requirements for categorisation as an ‘energy-saving device’ (ESD). In the same document, DNV recognises BLUE CONNECT’s ability to impr

NKT clinches ‘key components’ deal for two power cable projects
NKT has entered into agreements, ensuring production and offshore installation capacity for power cable systems off Scotland.

Prysmian pulls off a hat-trick in Germany worth €4.5 billion
Prysmian Group has been picked as the preferred bidder for two offshore grid connection systems and an underground cable project in Germany, which are valued in aggregate at around €4.5 billion or $4.86 billion.

TGS joins forces with Apparition on a mission to boost seismic survey efficiency
TGS is pooling resources with Apparition Geoservices GmbH, thanks to a new long-term collaboration agreement.

DNV’s new guidelines to validate low-carbon and renewable hydrogen and ammonia attribute claims
DNV, the independent energy expert and assurance provider, has released its new service specification which delineates its procedures for verifying claims made by companies about the production and distribution of low-carbon hydrogen and ammonia. As explained, the new service, DNV-SE-0654, will enab

BP hands out 10-year deal for well support
Add Energy, a subsidiary of ABL Group, has secured a deal with BP for the provision of well services and emergency well control services.

BW Offshore secures $200 million financing for North Sea FPSO
BW Offshore has signed a new $200 million facility, refinancing its existing senior secured credit facility for an FPSO working in the UK.