Business Developments & Projects

EnBW to buy LNG from Germany’s Stade LNG terminal
German energy company EnBW will buy at least three billion cubic meters of natural gas per year from the Stade LNG terminal.

Cavotec secures shore power connection orders for large boxships
Swiss cleantech company Cavotec has been awarded shore power equipment orders from an unnamed shipping line.

XLCC designs green cable layer to meet increased HVDC cable demand
UK-based XLCC has completed the concept design of a cable laying vessel to meet increasing demand for high voltage direct current (HVDC) cables in offshore wind and interconnections installation.

Italians partner up for clean fuels, greener shipping and renewable energies
Fincantieri has partnered up with RINA to enhance mutual expertise in the field of alternative fuels, carbon capture and renewable energies in the shipping sector.

XOCEAN names CTO to drive next growth phase
Ocean data company XOCEAN has appointed Shepard Smith as chief technology officer (CTO) in the latest leadership team expansion to drive its next phase of growth. Prior to the new role, Smith served 28 years as a commissioned officer with the U.S. Department of Commerce National Oceanic and Atmosphe

H2Carrier and Eurowind to develop green marine fuels
European energy companies H2Carrier and Eurowind Energy have agreed to cooperate on making the marine fuel market greener.

French tidal energy developer embarks on €2M fundraising campaign
French tidal energy company EEL Energy has launched a fundraising campaign, targeting €2 million to further advance its tidal energy technology whose design was inspired by bio-mimicry.

Finnlines chooses Yara Marine shore power solution for three ships
Finnish ferry operator Finnlines and Norway’s technology company Yara Marine Technologies have signed a contract to install Yara Marine’s shore power solution onboard three vessels.

PGNiG to book capacity at Gdansk FSRU terminal
PGNiG wants to book regasification capacity at GAZ-SYSTEM’s floating storage and regasification unit (FSRU) terminal at the Port of Gdansk.

Prosafe on the lookout for deputy CEO & CFO
Prosafe is in the process of looking for a new DCEO and CFO, as the current one will be stepping down from the role in four months.

E.ON and TES to import green hydrogen into Germany
Energy companies E.ON and TES have agreed on a strategic partnership to import green hydrogen at scale into Germany.

Hamburg examining locations for floating LNG terminal
Authorities in Hamburg are intensively examining locations for a floating LNG terminal in an effort to reduce dependence on Russian energy imports as quickly as possible.

Equinor hires Shearwater for ‘large’ OBN survey at North Sea project
Seismic exploration company Shearwater GeoServices has secured a contract with energy giant Equinor to conduct a 4D ocean bottom node (OBN) survey in the Norwegian North Sea.

Remøy vessel secures more time with Equinor through new gig
Equinor has chartered one of Remøy Shipping’s PSVs, featuring a hybrid-electric system and shore power, boosting its decarbonisation efforts.