Business Developments & Projects

Fratelli Cosulich forms LNG bunkering partnership with Titan
Italian maritime transportation group Fratelli Cosulich has started a collaboration with low and zero-emission fuels supplier Titan as it seeks to strengthen its position in the European LNG bunkering market. As part of this collaboration, on 6 June, Fratelli Cosulich signed a long-term time charter

Norway greenlights $700 million tie-back project in North Sea
Aker BP has received approval for a plan for development and operation (PDO) of its offshore tie-back project in the North Sea.

LR, partners to measure carbon emissions of newbuild LNG carrier from cradle to grave
Lloyd’s Register (LR), Knutsen, HD Korea Shipbuilding and Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI) have teamed up for a joint development project (JDP) to study environmental impact across the entire life cycle of an LNG carrier. As part of JDP, the partners announced the

Australian firm secures work on Baltic Pipe gas pipeline
Poland’s GAZ-SYSTEM has appointed an Australian engineering and project delivery services company to provide technical assistance in integrity management and supervision during the operations of the Baltic Pipe gas pipeline. Under the five-year agreement, Perth-headquartered SEA Global will perform

New North Sea assignment for Siem vessel
Siem Offshore has secured a deal for one of its anchor handling tug supply (AHTS) vessels with an undisclosed operator.

Himalaya Shipping charters out another two LNG dual-fuel dry bulk carriers
Bermuda-based bulk carrier company Himalaya Shipping has entered into time charter agreements for two vessels with an undisclosed ‘substantial and reputable’ counterparty. Under the agreement, the vessels will commence a 22 to 26 months time charter, plus an option exercisable by the counterparty fo

Corvus Energy launches new hydrogen fuel cell system
Corvus Energy, a supplier of energy storage solutions for the maritime industry, has launched its new hydrogen fuel cell system as the result of the H2NOR research project. The H2NOR project kicked off in 2021 and was initiated by Corvus Energy, Toyota and other partners to fast-track the developmen

Poland and Denmark partner up for energy transition with hydrogen and biomethane on the table
Polish natural gas transmission system operator (TSO) GAZ-SYSTEM and Danish TSO Energinet have signed a Memorandum of Cooperation to work together on accelerating energy transition and strengthening regional energy security in Europe. The agreement was signed on 26 April during the Baltic Pipe gala

Hyundai Heavy taps GTT for tank design of four new LNGCs
French LNG containment specialist GTT has received an order from its South Korean partner HD Hyundai Heavy Industries (HHI) for the tank design of four new liquefied natural gas carriers (LNGCs). According to GTT, the order was made on behalf of an Asian shipowner. The LNG carriers will each offer a

Latest LNG containment system from LNT Marine and SDARI gets ABS’ approval
LNT Marine, a technology and service provider within the maritime industry, and Shanghai Merchant Ship Design and Research Institute (SDARI) have received Approval in Principle (AiP) from classification society ABS for the latest variant of their LNG containment system. The AiP was presented to SDA

As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables
Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.

New IEA-OES report spotlights advances in wave energy sector
Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has released a summary of the recent progress made in the wave energy industry around the world.

DNV greenlights NoGAPS ammonia-fueled gas carrier design
Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, in collaboration with its Nordic Green Ammonia Powered Ships (NoGAPS) partners, has obtained Approval in Principle (AiP) from classification society DNV for the design of an ammonia-powered gas carrier – the M/S NoGAPS. The approval certificate

Autonomous O&M pilot project to start next month offshore Germany
Northland Power has selected Subsea Europe Services as its partner for a pilot project at the Deutsche Bucht offshore wind farm that will place autonomous marine survey and underwater inspection at the heart of its operations and maintenance (O&M) programmes. Northland Power will task Subsea Europe