Business Developments & Projects

Prominent maritime ports, academia & innovation hubs unite to accelerate hydrogen innovation
Prominent maritime ports, universities, and innovation hubs from Australia, Brazil, Chile, Portugal, the United Kingdom, and the Netherlands have joined forces in a groundbreaking initiative aimed at expediting innovation for green hydrogen. Spearheaded by the Port of Rotterdam, Newcastle, O Complex

Capital Product Partners CEO pinpoints LNG segment as ‘particularly interesting’ for growth
Greece-based shipping company Capital Product Partners L.P., which is engaged in the seaborne transportation of natural gas, containerized goods and dry cargo, has set sights on exploring further growth in the LNG space. Speaking in a recent webcast on the company’s strategy moving forward Jerry Kal

Swedish group buys into UK subsea solutions supplier
Swedish technical solutions group Addtech has entered into an agreement to acquire 90 per cent of the shares outstanding in UK subsea solutions supplier Feritech Global. Feritech is headquartered in Cornwall, UK, and provides the design and manufacture of bespoke technical solutions for the geotechn

Irish company books EMEC’s wave energy test berth
Irish wave energy developer OceanEnergy has signed up to demonstrate its OE35 floating wave energy converter at the European Marine Energy Centre (EMEC) in Orkney, Scotland.

Merganser offshore solar pilot finds test site in North Sea
Industry consortium behind the Merganser offshore solar platform, led by SolarDuck, has selected the test site offshore the Netherlands for the development of innovative pilot project.

Vopak opens 16 new tanks to back sustainable energy production in Rotterdam port
Independent tank storage company Vopak has opened 16 new tanks at its Vlaardingen terminal in the port of Rotterdam to help meet the rising demand for energy from renewable sources in Europe. The new tanks have a combined capacity of 64,000 cubic metres and are designed to store waste-based feedstoc

Construction of Stena Line’s methanol-ready NewMax hybrid duo about to begin
European ferry operator Stena Line is building two all-new hybrid propulsion vessels designed to run on methanol. The company said that the construction of the NewMax vessels will begin shortly with the launch of operations on the Irish Sea expected in 2025. China Merchants Jinling Shipyard in Weiha

New task for Transocean regarding rig working off Norway
Norwegian offshore safety regulator has carried out an audit of stability and marine systems on one of Transocean’s semi-submersible rigs.

UK ‘treasure map’ to show North Sea’s carbon capture and storage potential
The UK Government is planning to create a “treasure map” which will show how much carbon capture and storage (CCS) could be possible under the North Sea seabed. The plan envisages that companies that already have a license to store carbon will have to report what they find to the North Sea Transitio

Engie and WA firm advance plans to build hydrogen facility at Montoir-de-Bretagne LNG terminal
French utility company Engie and Western Australian technology development company Hazer Group have extended their collaboration for clean hydrogen and graphitic carbon production facility in France. Hazer Group is undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and g

QED Naval eyes UK government’s AR5 prize
QED Naval, a Scotland-based tidal energy company, has applied to the UK government’s fifth contracts for difference (CfD) allocation round to develop its tidal energy project at Morlais site in Wales.

GAC and GBF debut biofuel lifting at Ireland’s first clean fuels terminal
UK biofuel supplier Green Biofuels (GBF) has teamed up with GAC Ireland, a provider of ship agency services at all major Irish ports, to complete the first lifting of renewable drop in diesel fuel (GD+) from GBF’s Cork Terminal, also known as Ireland’s first clean fuels terminal. The first 39,000-li

TEAMER boosts 10 marine energy developers with $1.2M in research support
The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved ten projects through its ninth request for technical support (RFTS), reflecting a total of more than $1.2 million.

Good omen for getting rid of methane menace, as EU signals readiness to scale up reduction efforts
European Parliament’s landslide plenary vote shows the EU is ready to step up efforts to curb the methane footprint from the energy sector.