Business Developments & Projects
First biomimetic tidal turbine in Rhône river gives glimpse of future fluvial clean energy farms
French company EEL Energy has deployed its biomimetic tidal energy turbine in the Rhône river near Lyon – the first of four planned – foreshadowing the future where fluvial clean energy farms make a significant contribution to decarbonization and diversification of power generation mix.
Deltamarin bags multiple design deals for PCTCs with alternative fuels amid shifting tides in car carrier industry
Deltamarin, a Finland-based marine engineering company, has won several Pure Car and Truck Carrier (PCTC) ship design contracts in recent months featuring alternative fuels. Notably, China’s largest electric car manufacturer, BYD Auto, has commissioned four 9,200 CEU PCTCs from China Merchants Indus
BP’s profit takes a hard hit while oil & gas keep flowing and energy transition gathers speed
BP has revealed solid results for the second quarter of 2023, however, this represents a 70 per cent decrease on a year-over-year basis.
Dutch company embarks on Denmark-Belgium interconnector project
Danish and Belgium transmission system operators (TSOs) have awarded a Dutch company with a contract to deliver consultancy services for an interconnector that will link the high-voltage grids in Belgium and Denmark through two energy islands in the North Sea. Denmark’s Energinet and Belgium’s Elia
Spain bankrolls APM Terminals Barcelona’s electrification pilot project
The Government of Spain, via the Moves Singular Projects II Programme, has granted EUR 3.9 million ($4.28 million) to APM Terminals Barcelona to finance part of a pilot project for the electrification of the container handling equipment operating at the terminal. The Moves Singular Projects II Progr
EC approves €246 million Dutch renewable hydrogen scheme
The European Commission (EC) has approved a €246 million Dutch scheme to support the production of renewable hydrogen and the construction of at least 60 MW electrolysis capacity. The measure aims to contribute to the development of renewable hydrogen in line with the objectives of the EU Hydrogen S
Dynagas FSRU reaches Bremerhaven to prepare for Stade LNG job
According to Hanseatic Energy Hub (HEH), the floating LNG terminal Transgas Force has arrived in Bremerhaven, Germany, and is now being prepared for the energy port in Stade. HEH announced the news on its social media, noting that the FSRU, chartered by the German government, is an important buildin
CMA CGM turns to Wärtsilä for methanol-fuelled auxiliary engines
Technology group Wärtsilä has won a contract to supply methanol-fuelled auxiliary engines for the French shipping company CMA CGM. The engines have been ordered for six 15,000 TEU container vessels which are being built at the Dalian Shipbuilding yard in China. The order was booked by Wärtsilä in Q2
DeepOcean charters newbuild USV with hybrid diesel-electric propulsion
DeepOcean is chartering a newbuild unmanned surface vessel (USV) which will be used for subsea inspection, maintenance and repair (IMR) and survey work in the offshore renewables and oil & gas industries. DeepOcean entered into a long-term charter agreement with USV AS, a joint venture company estab
Fugro performs another fully remote survey for TAQA
Fugro has completed another fully remote offshore survey inspection in the North Sea for the oil and gas operator TAQA Group. Fugro completed its first fully remote offshore integrity inspections campaign in the North Sea for TAQA Netherlands at the beginning of the year using the Fugro Orca Blue Es
Welsh research project deploys sonar on tidal energy converter
Underwater active sonar technology has been deployed on the Magallanes Renovables’ ATIR tidal energy converter as part of Menter Môn’s Marine Characterization Research Project (MCRP).
Svanehøj sees growing number of LPG tankers adding ammonia to cargo list
Amidst a shifting landscape in the quest for carbon neutrality, shipowners worldwide are now gearing up to embrace the anticipated demand growth for ammonia, with multiple tankers slated to incorporate ammonia in their cargo list. Svanehøj, a Danish-based pump manufacturer, has witnessed a remarkabl
Viking and Acorn picked as two new clusters to expand UK’s carbon capture and storage industry
The UK government has selected two carbon capture and storage (CCS) projects to establish two new clusters through the Track 2 process.
Thailand’s energy major joins ‘wave power for subsea equipment’ scheme
Thailand’s state energy company PTTEP has joined the Renewables for Subsea Power (RSP) collaborative project which is intended to prove the concept of powering subsea equipment with wave power and intelligent subsea energy storage.