Business Developments & Projects
KCC inks deal for three wind-assisted CABU III ships, ready for conversion to zero-emission fuels
Oslo-listed shipowner Klaveness Combination Carriers (KCC) has entered into a deal with Chinese shipbuilder Jiangsu New Yangzi Shipbuilding Co for the construction of three third generation (CABU III) vessels. The company said that the CABU III newbuilds will introduce a new standard of efficiency w
IEA-OES highlights tidal energy development in latest brochure
Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has published a brochure highlighting progress made across its member countries in the tidal current energy sector. The global tidal and wave energy market was valued at $477.81 million in 20
G7 upping the green and low-carbon ante while gas is still king of energy throne
The G7 stresses the role gas, especially LNG, can play in propelling the transition to clean energy forward.
On methane reduction quest, Bumi Armada books drone-based emissions survey for North Sea FPSO
Bumi Armada has hired IKM Testing to undertake a drone-based methane emissions survey on an FPSO, which is working in the North Sea.
Gasgrid and Fingrid draft three scenarios for Finnish hydrogen economy
Gasgrid Finland, a Finnish state-owned company and transmission system operator, and compatriot transmission system operator Fingrid have drafted three different scenarios in the joint project exploring the possibilities of the hydrogen economy and analysing its effects on the Finnish energy system.
RWE eyes three new carbon capture and storage projects in UK
RWE is planning to progress three new carbon capture projects across the UK, which could capture 11 million tonnes of CO2 per year.
Seaspan and partners reveal design of 15K TEU NH3-powered containership
Seaspan Corporation and its partners have unveiled the design of the 15,000 TEU ammonia-powered container vessel in Copenhagen at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping Accelerate Partner Summit. Seaspan has been leading the design project in close collaboration with the Mærsk Mc
Norway’s monthly oil & gas output goes down a notch in April
Norway saw a slight rise in gas production in April 2023 compared to the NPD’s predictions and the volume seen last year.
Utsira Nord floating LiDAR campaign to start soon
The global provider of energy data and intelligence TGS has announced the start of a wind, metocean, and environmental measurement campaign at the Utsira Nord offshore wind farm zone in Norway. The campaign’s first floating LiDAR buoy will be deployed in early June in the Utsira Nord zone to conduct
Titan and Carnival Corporation perform 1st LNG bunkering op in port of Kiel
Low and zero-emission fuels supplier Titan and Carnival Corporation, one of the world’s largest cruise companies, have completed their first LNG bunker operation in the port of Kiel in Germany. According to Titan’s brief social media update, the operation was the first-ever LNG bunker delivery perfo
PGS goes to Barents Sea with 104-meter-long seismic vessel
Norwegian seismic company PGS has secured a contract with an “independent energy company” to conduct a 3D survey in the Barents Sea. The project, which is about to start, will have a duration of approximately 40 days and will be carried out by the 104-meter-long Titan-class seismic vessel Ramform Hy
Hystar and JM join forces to ramp up green hydrogen production
Norwegian high-tech hydrogen company Hystar and London-based sustainable technologies company Johnson Matthey (JM) have signed a three-year strategic supply agreement which will see JM deliver membrane electrode assemblies (MEAs) for Hystar PEM electrolysers to be used in the HyPilot project in Norw
Another crack at lawsuit against Shell board on the cards over ‘failing to move away from fossil fuels fast enough’
After the lawsuit against Shell’s board of directors was thrown out of court recently, ClientEarth hopes to turn things around at a hearing.
WSC reports the lowest container losses on record
The number of containers lost overboard in 2022 is 661, the World Shipping Council (WSC) said in its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. As explained, this represents the lowest losses in % sin