Business Developments & Projects
Russia’s war in Ukraine will not hinder Europe’s energy transition, DNV says
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
Schottel becomes complete system supplier for electrical, green propulsion with new acquisition
German propulsion expert Schottel has decided to acquire a majority stake in elkon, a Turkish specialist for marine electrical system integration.
Canadian-German collaboration delivers stronger tidal turbine blades
Sustainable Marine has recorded a first major milestone in the Canadian-German EvoFoil project after completing extreme load testing on a new tidal turbine blade, designed to withstand some of the most challenging tidal environments in the world.
Chariot, Port of Rotterdam ink green hydrogen import MOU
Chariot, an Africa-focused transitional energy company, has signed a memorandum of understanding (MoU) with the Dutch Port of Rotterdam International, a global energy hub and Europe’s largest seaport which handles a significant portion of Europe’s total energy demand.
BP and IKM Testing sign first well services contract
IKM Testing UK has secured a multi-year contract with BP to deliver well integrity services across the oil and gas giant’s portfolio of North Sea assets. The agreement is the first well services contract between the two companies and covers well integrity remediation services, including sustained ca
Cargo tank system for LCO2 transport at ambient temperature gets green light
Knutsen NYK Carbon Carriers (KNCC), an affiliate of Nippon Yūsen Kabushiki Kaisha (NYK) Group, has received an Approval in Principle (AiP) from the classification society DNV for its PCO2 tank system for the transportation of liquefied CO2 (LCO2).
Jiangnan orders GTT tank design for its 1st large LNGCs
Chinese shipyard Jiangnan has ordered tank design for two large LNG carriers (LNGCs) from the French LNG containment specialist GTT.
World’s largest hybrid ferry to run on Leclanché battery system
A zero-emission ferry ordered by Danish ferry operator Scandlines will run on a 10 MWh lithium-ion battery energy storage system (BESS) from Swiss energy storage solutions company Leclanché.
Norway awards CCS licenses to Equinor, Horisont Energi, Vår Energi
The Norwegian Ministry of Petroleum and Energy has awarded carbon capture and storage (CCUS) licenses to Equinor, Horisont Energi, and Vår Energi.
Three Castor Initiative members sign MOU to build zero-emission VLCC pair
Classification society Lloyd’s Register (LR), shipbuilder Samsung Heavy Industries (SHI) and shipping company MISC via its subsidiary, AET, have signed a memorandum of understanding (MOU) for the development and construction of two very large crude carriers which can be operated on zero-emission fue
French stand ready to kick off SEM-REV 2.0 works
Having played a pivotal role in the advancement of marine renewable energies in France, the SEM-REV test site is ready for infrastructure upgrades to respond to the needs of the growing offshore renewable energy sector.
Danish subsea technology firm opens first office in Sweden
Denmark-based underwater technology specialist MacArtney is expanding in Scandinavia with the opening of its first dedicated office in Sweden. The new office, hosting MacArtney Sweden AB, is located in Mölnlycke near Gothenburg and will officially open its doors this month. “The Swedish market has g
A.P. Moller Capital becomes mission ambassador to Mærsk Mc-Kinney Møller Center
A.P. Moller Capital, a fund management company, has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, an independent not-for-profit research and development centre, as a mission ambassador.
Avenir LNG and Achema in LNG ship delivery to Klaipeda
Avenir LNG and Achema have organised the first LNG ship delivery to the small-scale Klaipeda LNG terminal in Lithuania.