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Business Developments & Projects

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Alternative FuelsClean FuelEnergy TransitionGreen MarineRegulations & PolicyAuthorities & GovernmentMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationTransitionFossil EnergyOil & GasBusiness & FinanceExploration & ProductionCablingInterconnectorsSubseaInfrastructureProject & TendersVisionMarine EnergyTidal & Wave EnergyEquipmentTechnologyPropulsionCertification & ClassificationBiofuelsFPSO & VesselsMethanolOffshore WindVesselsVessels & VehiclesEnergy Efficiency & InnovationShipbuildingAmmoniaHydrogenCollaborationLiquefied Natural GasOTECInnovationResearch & DevelopmentDecommissioning
IMO’s Net-Zero Framework caught in crossfire ahead of pivotal adoption decision
Business Developments & Projects

IMO’s Net-Zero Framework caught in crossfire ahead of pivotal adoption decision

IMO’s Net-Zero Framework mandates a new fuel standard for ships and a global pricing mechanism for emissions.

about 1 year ago
Illustration; Source: International Energy Agency (IEA)
Business Developments & Projects

IEA: Oil & gas decline rates sound the alarm over global energy security risks

Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi

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about 1 year ago
Nexans starts connecting Sicily and Sardinia with ‘deepest subsea cable’-to-be
Business Developments & Projects

Nexans starts connecting Sicily and Sardinia with ‘deepest subsea cable’-to-be

Nexans has started laying high-voltage subsea cable between Italy’s Sicily and Sardinia as part of the western section of the Tyrrhenian Link. The connection between Sicily and Sardinia, approved in September 2023, will stretch for 480 kilometers between the Fiumetorto landing point, Palermo in Sici

about 1 year ago
Weco's team working on Kaizen 2.0 wave energy device
Business Developments & Projects

Weco completes first full assembly of its upgraded wave energy device

The Hague-based Wave Energy Collective (Weco) has completed the first full assembly of its Kaizen 2.0 wave energy device and carried out dry tests of the power take-off unit and control system at Holland Shipyards Group. “Last week we successfully performed our first full assembly of the new Kaizen

about 1 year ago
bound4blue
Business Developments & Projects

bound4blue gains approval from LR for wind power calculation methodology

Spanish automated wind-assisted propulsion system specialist bound4blue has clinched validation of its wind propulsion system force matrix calculation methodology from the UK’s classification society Lloyd’s Register (LR), thus leaping another step forward in the ambition to “accelerate and simplify

about 1 year ago
WATCH: First of four Sea1 Offshore offshore energy support vessels enters construction
Business Developments & Projects

WATCH: First of four Sea1 offshore energy support vessels enters construction

The construction of the first of four offshore energy support vessels (OESVs) that Norwegian offshore services provider Sea1 Offshore ordered from China has officially begun. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contra

about 1 year ago
Langh Ship
Business Developments & Projects

Trio complete: Langh Ship receives last green feeder vessel from PaxOcean

Finland-based maritime transport company Langh Ship has taken delivery of the third and final unit in a series of eco-friendly container feeder ships built by the PaxOcean shipyard in Zhoushan, China. According to both of the companies, a naming ceremony for the vessel was held on September 12, wher

about 1 year ago
LR forges alliance with H2C to propel maritime decarbonization
Business Developments & Projects

LR forges alliance with H2C to propel maritime decarbonization

UK-based classification society Lloyd’s Register (LR) has formed a strategic partnership with H2C, the global attribute market platform for low-carbon fuels, to speed up maritime fuel switching.

about 1 year ago
Intermoor and Jumbo Offshore have forged a strategic alliance to advance offshore energy projects; Courtesy of Acteon
Business Developments & Projects

Acteon-Jumbo partnership’s end-to-end offering enriches offshore oil & gas and wind realms

A new strategic alliance – made up of Jumbo Offshore, a Dutch transportation and installation player, and Intermoor, Acteon’s moorings and anchors business line – has appeared on the offshore oil, gas, and wind scene to tackle floating energy challenges by jointly delivering fully integrated project

about 1 year ago
Global OTEC’s structural prototype for operating OTEC in tropical storm prone environments under the Horizon Europe funded 'PLOTEC' project
Business Developments & Projects

Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops

UK-based Global OTEC has been selected to take part in a new research project under the DeepStar program, an international consortium focused on offshore technology innovation. According to Global OTEC, the project will examine the potential of ocean thermal energy conversion (OTEC) to supply basel

about 1 year ago
LNG carrier Zoe Knutsen at sea
Business Developments & Projects

Final piece in place: Knutsen’s ninth LNG carrier for Shell arrives

The French subsidiary of Norwegian shipping company Knutsen has welcomed its latest liquefied natural gas (LNG) carrier that will be chartered to the U.K. energy giant Shell.

about 1 year ago
hydrogen
Business Developments & Projects

EU puts €20M on the table to push wave energy forward

The European Commission has launched a Horizon Europe pre-commercial procurement (PCP) call aimed at reducing risks in wave energy technology development. The call runs from 16 September 2025 until 17 February 2026 and allocates €20 million to advance wave energy converters to higher technology read

about 1 year ago
A jack-up rig at a shipyard
Business Developments & Projects

‘World’s largest’ jack-up starts first decom with Perenco post refurbishment

A heavy lift jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec has started decommissioning work with the UK subsidiary of Anglo-French oil and gas player Perenco in the Southern North Sea (SNS).

about 1 year ago
‘World’s first’ dual-fuel methanol escort tug hits the water
Business Developments & Projects

‘World’s first’ dual-fuel methanol escort tug hits the water

Turkish shipbuilder Sanmar has launched “the world’s first” large purpose-built dual-fuel methanol escort tug constructed for KOTUG Canada, a partnership between KOTUG International and Canada’s Horizon Maritime.

about 1 year ago