Business Developments & Projects
Methanol-fueled ship pioneer Marinvest has a new owner
Clean Sea Transport has acquired 100% of the shares in Swedish shipping company Marinvest AB to promote clean fuels in the shipping sector.
Minimising downtime: The importance of reliable dredging partner
Filip Stefanović, the head of engineering at Ecocoast, recently highlighted the importance of choosing reliable partners for dredging operations, and what the most important considerations should be when choosing a dredging contractor. According to Mr. Stefanović, as a dredging provider, managing an
UK regulator rejects Shell’s plan for North Sea gas project
UK petroleum regulator has not approved Shell’s proposed plan for an ultra-high pressure/high-temperature gas field in the UK North Sea.
Capital Ship Management to get ABS decarbonization notations for MR newbuilds
In an industry first, Greece-based ship management company Capital Ship Management (CAPITAL) is to secure ABS notations recognizing investment in decarbonization technologies for its newbuild orders for medium-range (MR) tankers.
ELEMENT set to start onshore testing programme for Nova Innovation’s tidal energy turbine
EU-backed ELEMENT project, whose aim is to slash the cost of tidal energy by 17% using artificial intelligence, is well underway with preparations to start with the onshore testing programme at ORE Catapult’s Blyth facility.
Stena partners with GES to advance LNG storage solutions
Swedish company Stena Power & LNG Solution and storage terminals operator Global Energy Storage (GES) have partnered up to identify and advance LNG logistics and storage solutions.
CRP Subsea protecting Crete to Peloponnese interconnection cables
CRP Subsea has delivered its cable protection solutions (CPS) for the Crete to Peloponnese electricity interconnection as part of a contract with Hellenic Cables. The three different types of cable ancillary products have been installed offshore and will protect significant cable sections along the
ExxonMobil adds one more plant to CCS project plans
U.S. oil major ExxonMobil has increased its participation in the Acorn CCS project in Scotland by signing an Expression of Interest.
Shipping industry details plan to deliver net zero by 2050
The International Chamber of Shipping (ICS) has submitted plans to the industry’s UN regulator, the International Maritime Organization (IMO), detailing urgent measures which governments must take to help the industry achieve net zero CO2 emissions by 2050.
Well-Safe Solutions lands another 14-well decommissioning job
Well-Safe Solutions has won another decommissioning contract for its Well-Safe Guardian unit in less than a month.
Wood to support Horisont Energi in clean energy ambitions
Norwegian carbon tech company Horisont Energi has signed a framework agreement with global consulting and engineering company Wood for the support of clean ammonia and hydrogen projects.
TSC Subsea designs inspection tool for constricted areas
TSC Subsea has launched a new remotely deployed tool for the inspection of pipe ovality and wall thickness in constricted locations.
HydroQuest brings tidal energy turbine ashore after two years in operation off France
French marine energy company HydroQuest has retrieved its 1MW tidal energy turbine after two years of being submerged and operating at the Paimpol-Bréhat site in the French province of Brittany.
EMEC searching for supplier of hydrogen fuel cell for ferry
The European Marine Energy Centre (EMEC) Ltd has issued a tender for the procurement of the marinised hydrogen fuel cell that can be installed on a ferry.