Business Developments & Projects

GTT wins ClassNK’s approval for new liquefied hydrogen tank concept
French company GTT has obtained Approval in Principle (AiP) from Japanese classification society ClassNK for a new concept of membrane type containment system for liquid hydrogen (LH2). As explained, GTT’s scalable containment system can be adapted to any size of LH2 carrier without major design mod

EU Council adopts FuelEU Maritime clearing the final adoption stage
The Council of the European Union has adopted the final rules on climate-neutral shipping as proposed in the FuelEU Maritime as a key part of the EU’s Fit for 55 package. The final hurdle was cleared on Tuesday putting virtually all pieces of the puzzle for regulating shipping’s climate impact into

Lower oil & gas prices take a bite out of Norwegian energy giant’s profit
Equinor’s profit was cut in more than half from record-high figures seen last year due to significantly lower energy prices.

Court fight on UK govt’s hands over oil & gas licensing round
Greenpeace has decided to take the UK government to court over – what it deems to be – an “unlawful” oil and gas decision.

Engie to boost decarbonization of sea transport
As part of the Grand Canal du Havre call for projects, through the conclusion of state titles, Haropa Port has awarded French utility company Engie 24 hectares (ha) of land for the development of a benchmark platform for alternative new industrial fuels embodied by the Salamandre and France KerEAUze

Fincantieri, RINA team up with newcleo to test feasibility of nuclear naval propulsion
newcleo, a London-based nuclear technology company developing Generation IV reactors using nuclear waste as fuel, has signed a cooperation agreement with Italian shipbuilding major Fincantieri and RINA classification society. The trio has agreed to carry out a feasibility study for nuclear applicati

GTT receives new LNG tank design order from Hudong-Zhonghua
French LNG containment specialist GTT has secured an order from Chinese shipbuilder Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of two new LNG carriers. GTT said the order was received in the second quarter and was placed on behalf of an undisclosed Asian shipowner. The French

300 jobs to be created as Irish company opens new USV facility
Ireland-based XOCEAN has opened a new technical center that will serve as a hub for the company’s fleet of uncrewed surface vessels (USVs). XOCEAN announced on 20 July the opening of the new facility near Carlingford, Co. Louth, as well as the creation of 300 new jobs as part of its strategic growth

Total Eren and Aliceco plan to build new e-fuel facility in Finland
TEH2, the hydrogen-dedicated subsidiary of Total Eren, and Aliceco Energy, a Finnish developer of large commercial-scale electrofuels facilities, have teamed up to develop electrofuel (e-fuel) facility for industrial sectors and the shipping industry. The partnership will see the two companies imple

Jones Bros nears completion of infrastructure works for Morlais tidal power scheme
North Wales-based company Jones Bros Civil Engineering has made progress on the construction of onshore infrastructure for the Morlais tidal energy project and is now on track to complete the works ahead of original schedule.

French firm expands its work scope for one of the world’s largest deepwater fields
French provider of tubular solutions Vallourec has secured two new orders to deliver line pipes for an oil field development operated by Petrobras offshore Brazil. As part of the orders defined as “major”, Vallourec will supply line pipes for phases 6 and 8 of the Búzios oil field development. The o

Wuhu Shipyard wins deal for methanol-powered chemical tankers
Chinese shipbuilder Wuhu Shipyard has signed a contract with RFOcean, a London-based alternative investment and commercial management firm focusing on the maritime industry, for the construction of four 6,600-ton methanol dual-fuel stainless steel chemical tankers. This series of ships represents an

Floating LiDAR deployed offshore Italy for two wind projects
A floating Light Detection and Ranging (LiDAR) buoy has been deployed in waters off the coast of Brindisi, Italy, to conduct surveys and preparations for the construction of the Kailia Energia and Lupiae Maris floating offshore wind farms. Equipped with fully autonomous remote sensing devices, the b

Survey on schedule for France-UK interconnector until mid-September
Marine survey operations are about to begin along a section of an interconnector between France and the UK. UK’s A-2-Sea Solutions will conduct marine survey operations along a section of the IFA2 cable route, commencing on 27 July with an estimated completion on 13 September. For the activities, th