UAE-based port operator AD Ports Group and Premier Marine Engineering Services LLC (Premier Marine), a compatriot shipyard company specialising in shipbuilding and repair services to the marine and offshore industries, have formed a new joint venture, SAFEEN Drydocks. The joint venture is structured
Damen, DNV and NAPA have taken a new step forward in ship design processes by using the new Open Class 3D Exchange (OCX) standard to streamline classification involvement in the early phase of a project.
Consulting and engineering company Wood has signed a Memorandum of Understanding (MoU) with energy transition company Transitus Energy to explore opportunities for onshore and offshore decarbonization projects across the United Kingdom (U.K.) energy industry. According to Wood, the two companies wil
Classification society ABS and Texas A&M Engineering Experiment Station (TEES) have launched a batch of new, funded research projects covering topics related to safety and performance in marine and offshore industries, such as ammonia as fuel, ship electrification and carbon capture and sequestratio
UAE-based port operator AD Ports Group has signed a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of Karachi. Under the terms of the 50-year concession agreement, a Joint Venture between AD Ports Group, as a major
GKinetic Energy and Torishima Service Solutions Europe have signed a letter of intent (LOI) to jointly develop a partnership structure and commercial model for global roll out of hydrokinetic technology.
The University of Oxford, along with two other universities and over twenty industry stakeholders and regulatory bodies, will work together on an ambitious €8.1 million project that will address the key challenges currently preventing the tidal energy sector from reaching its full potential.
The report on the potential of tidal stream energy to support sustainable growth in the UK, published by Grantham Research Institute on Climate Change & the Environment, has concluded that this form of energy can serve as an effective complement to wider efforts on both net zero and energy security.
Nordic energy company Gasum has carried out the first liquefied natural gas (LNG) bunkering operation in the port of Reykjavik, Iceland.
TotalEnergies Marine Fuels and Green Marine Bunkering have entered a memorandum of understanding (MOU) on a joint development study on methanol as a new marine fuel in Singapore. Under the partnership, TotalEnergies Marine Fuels and Green Marine Bunkering will study the feasibility to implement a vi
RINA, the inspection, certification and consulting engineering company, and AFRY, a company specialized in engineering, design and advisory services, have undertaken an initial study of how the Gulf region and Europe could be linked directly with a pipeline to transport low-carbon hydrogen, and the
The government of Canada has established a task force on sustainable tidal energy to explore issues and opportunities associated with the deployment of tidal energy projects in the Bay of Fundy.
Vietnam’s T&T Group and Korean companies Korea Gas Corporation (KOGAS) and SK Group have signed and awarded a Memorandum of Understanding (MoU) to cooperate on developing LNG and hydrogen projects in Vietnam. Specifically, T&T Group said that, together with KOGAS, it will work on developing LNG gas
Danish shipping company Norden has completed the acquisition of Thorco Projects, a business specializing in general cargo segments such as break bulk, steel, and wind energy. The acquisition was announced last month as Norden is planning to gain access to new customer segments within the general car
