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GlobalData: Hydrogen market to witness growth surge in 2023
Collaboration

GlobalData: Hydrogen market to witness growth surge in 2023

Hydrogen production capacity is estimated to reach 4.5 million tons per annum (mtpa) worldwide by the end of 2023 despite the slowing global economy, representing 165% growth compared to 2022, according to a report by data and analytics company GlobalData. GlobalData’s recent publication called “Hyd

about 3 years ago
Maersk
Collaboration

Maersk donates containers to serve as temporary housing for earthquake victims

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Danish container shipping major Maersk is donating around 1,000 shipping containers to Türkiye to help those in need affected by the massive earthquake that hit Syria and Türkiye on February 6. The company said that the move follows close contact with the State Disaster and Emergency Management Auth

about 3 years ago
UK well construction cementing firm changes hands
Collaboration

UK well construction cementing firm changes hands

UK-headquartered energy services provider Expro is acquiring compatriot well construction cementing firm DeltaTek Global in order to broaden its offering, capabilities and technology portfolio. According to Expro’s Chief Technology Officer Steve Russell, the acquisition will expand Expro’s well cons

about 3 years ago
EIB joins IH2A, backs hydrogen projects in India
Collaboration

EIB joins IH2A, backs hydrogen projects in India

European Investment Bank (EIB), the bank of the European Union (EU), has signed a Memorandum of Understanding (MoU) to join the India Hydrogen Alliance (IH2A) and increase support for large-scale green hydrogen hubs and projects across India with indicative funding of €1 billion, subject to the Indi

about 3 years ago
Boluda Towage
Collaboration

Boluda Towage steers toward global leadership with Smit Lamnalco acquisition

Boluda Corporación Marítima, through its Boluda Towage division, has reached an agreement to acquire Smit Lamnalco, the world’s fifth-largest towage operator. The deal is expected to enable the company to strengthen its presence in strategic markets such as Australia, the Middle East, and West Afric

about 3 years ago
CMA CGM, La Poste team up on sustainable logistics
Collaboration

CMA CGM, La Poste team up on sustainable logistics

La Poste’s subsidiary GeoPost and a subsidiary of French shipping giant CMA CGM Group, CEVA Logistics, have inked a Memorandum of Understanding (MoU) to establish a closer business relationship and work on sustainable logistics.

about 3 years ago
Equinor
Collaboration

While contributing to Europe’s energy security, Equinor rakes in all-time high profits

Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.

about 3 years ago
Montenegro and US agree on energy cooperation, LNG terminal included
Collaboration

Montenegro and US agree on energy cooperation, LNG terminal included

Montenegro’s Minister of Finance, Aleksandar Damjanović, and representatives of the United States (US) Department of State have discussed the economic relations between the two countries with an emphasis on cooperation in the field of energy, agreeing to take action in regard to the Bar LNG terminal

about 3 years ago
Comerc, Casa dos Ventos team up with Transhydrogen Alliance for ammonia
Collaboration

Comerc, Casa dos Ventos team up with Transhydrogen Alliance for ammonia

Brazilian energy companies Comerc Eficiência and Casa dos Ventos have signed a Memorandum of Understanding (MoU), that includes ammonia, with the TransHydrogen Alliance (THA), a consortium formed by Proton Ventures, GES, Trammo DMCC, and Varo Energy, whose objective is to create new supply chains fo

about 3 years ago
Hamburg port
Collaboration

Skuld pens Poseidon Principles for Marine Insurance

Marine insurance provider Skuld has signed the Poseidon Principles for Marine Insurance, a global framework for assessing and disclosing the climate alignment of insurers’ hull and machinery portfolios. The framework is aimed at enabling the insurance sector to implement transparency and establish a

about 3 years ago
OX2 Orkla
Collaboration

OX2 establishes green hydrogen partnership with Finnish company

Sweden-based OX2 has entered into a partnership with the Norwegian consumer goods company Orkla to supply green hydrogen to the company’s Haraldsby factory in Åland. The aim of the cooperation is to assess and plan the supply of hydrogen from 2025. The hydrogen for Orkla’s factory in Saltvik, Åland

about 3 years ago
TotalEnergies bunkers Hapag Lloyd’s boxship with biofuel in Singapore
Collaboration

TotalEnergies bunkers Hapag Lloyd’s boxship with biofuel in Singapore

Energy company TotalEnergies Marine Fuels has completed its first refuelling of a Hapag-Lloyd container vessel in Singapore with sustainable marine biofuel.

about 3 years ago
Masdar and Verbund ally on hydrogen production
Collaboration

Masdar and Verbund ally on hydrogen production

Abu Dhabi-based clean energy company Masdar and Austria’s energy utility company Verbund have signed a Memorandum of Understanding (MoU) to explore the production of green hydrogen for the Central Europe market. As per the agreement, the two companies will cooperate on developing pathways to produce

about 3 years ago
TECO 2030, Shell, and partners launch HyEkoTank project
Collaboration

TECO 2030, Shell, and partners launch HyEkoTank project

TECO 2030, Shell, and consortium partners have started the HyEkoTank project which has been awarded a €5 million grant under the European funding scheme HORIZON EUROPE. The project started on 1 February and is planned to last for 3 years, with the ultimate goal of eliminating emissions during voyage

about 3 years ago