South Korea’s shipbuilder Samsung Heavy Industries (SHI) has announced the development of innovative LNG carriers and containerships during the “Samsung Technical Seminar in Athens” (Samsung Technology Road Show) in Athens, Greece. The company unveiled its “3 Cargo Tank LNGC” and “Eco Container Ship
Corinth Pipeworks, a steel pipes segment of Cenergy Holdings, has delivered 28 kilometres of pipes for the offshore LNG terminal in Alexandroupolis, Greece. The company was contracted in September 2022 to deliver 28 kilometres of 30” SAWL steel pipes, including anti-corrosion coating and concrete we
Japanese giants Marubeni Corporation, Sumitomo Corporation, and Sumitomo Electric Industries have committed to investing a total of GBP 14.2 billion (approximately €16.3 billion) in offshore wind and green hydrogen projects, and the offshore wind supply chain in the UK. Ahead of the UK Prime Ministe
South Korean shipping behemoth HMM has reportedly entered the fray in the race to acquire Hyundai LNG Shipping, the nation’s leading transporter of liquefied natural gas (LNG). Market reports indicate that HMM has made its intentions known to IMM Private Equity, expressing its desire to conduct due
European Marine Energy Centre (EMEC) has won funding, totalling over £500,000 (around $623,000), for four feasibility projects supporting green hydrogen innovation and development. More specifically, the funding is expected to be used to conduct feasibility studies supporting the development of nove
The world’s largest container shipping company Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (Mou) with Lloyd’s Register (LR), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES) for a design for the ammonia dual-fuel operation
Singapore-based energy solutions provider Sembcorp Industries (Sembcorp) has revealed plans to develop a new multi-utilities centre which will include a 600 MW hydrogen-ready power plant on Jurong Island. According to Sembcorp, the new multi-utilities centre will supply power, steam, firewater and d
HaiSea Wamis, the world’s first fully electric harbour tugboat, has left Sanmar Shipyards, Turkey, and is now on its way to Seaspan in Vancouver, Canada. Shipping company Seaspan announced the news on its social media, informing that the tugboat left Sanmar late last week. Seaspan noted that the Hai
Authorization of the Alaska LNG project was lawful and reasonable, a U.S. appeals court ruled, dismissing environmental groups’ petition to review federal approvals. Alaska Gasline Development Corporation (AGDC) sought authorization to build and operate the $39 billion project that would produce up
The North Sea Transition Authority (NSTA) has offered 12 companies awards for 20 carbon storage licenses in the UK’s first-ever CO2 storage licensing round. The NSTA launched the UK’s first-ever carbon storage licensing round in June 2022, with applications closing in September. The 20 licenses in t
Marine fuel supplier Peninsula has confirmed the renewal of its syndicated European credit facility, reporting an increase from $350 million to $450 million. The supplier said that, together with the group’s Asian syndicated facility and other bilateral lines, the increase in the European credit fac
Southern hydrogen corridor or SoutH2 Corridor, a hydrogen-ready pipeline corridor connecting North Africa to central Europe, has received support from Italian, Austrian and German ministries of energy for its development in the European Union and for the respective infrastructure projects to obtain
Svitzer, a towage provider and part of A.P. Moller-Maersk, has awarded a contract to Uzmar Shipyard to build two new TRAnsverse tugs for its Australian business. According to Svitzer, the TRAnsverse tugs, created in collaboration with Robert Allan Ltd., deliver an estimated 10-15% reduction in fuel
Dutch energy storage systems provider EST-Floattech has been awarded a contract to provide Octopus Series battery system for a new electric fast ferry built for German Ferry operator AG Reederei Norden-Frisia.
