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Collaboration

KCC joins Sustainable Shipping Initiative

Norwegian shipping company Klaveness Combination Carriers (KCC) has become the latest shipowner to join the Sustainable Shipping Initiative (SSI).

about 3 years ago

Collaboration

Itochu invests in Purus Marine

Japan’s Itochu Corporation has decided to make an equity investment in Purus Marine, a recently formed, environmentally focused maritime vessel and infrastructure company. UK-based Purus Marine owns and manages various environmentally advanced vessels. Its business purpose is to provide vessels that

about 3 years ago

Bourne Tidal Test Site test structure (Courtesy of MRECo)

Collaboration

Tidal turbine testing about to start in Massachusetts

After a long development process, the Marine Renewable Energy Collaborative (MRECo) will start the first full test of a tidal energy turbine at its Bourne Tidal Test Site in the Cape Cod Canal.

about 3 years ago

Collaboration

Veson to take over VesselsValue

Veson Nautical, a London-based provider of maritime freight management solutions, has revealed plans to acquire vessel valuation provider VesselsValue. VesselsValue was founded in 2011 and is considered the market standard for daily updated, automated, vessel-specific valuations. VesselsValue is a d

about 3 years ago

Collaboration

Shell, HPA to explore decarbonising ports through vessel electrification

Shell Marine and Hamburg Port Authority (HPA) have signed an MSP Memorandum of Strategic Partnership (MSP) to explore decarbonizing ports through areas such as vessel electrification and the development of charging networks.

about 3 years ago

HelioRec’s floating solar system (Courtesy of HelioRec)

Collaboration

French floating solar start-up attracts major new investors

French floating solar start-up HelioRec has closed the first tranche of its seed round, securing new investments from First Imagine! and Techstars.

about 3 years ago

Collaboration

Survey: 56 pct of shipowners are in ESG-linked tie-ups

The maritime industry has a better idea of the trade-offs necessary to achieve net zero, although most of the practical work still lies ahead, and regulatory and technology uncertainties remain, a recent survey conducted by the London-based law firm Watson Farley & Williams (WFW) shows. ‘The Sustain

about 3 years ago

Collaboration

Vopak strengthens ties with Gasunie, moves forward with LNG projects

Dutch tank storage company Vopak has provided updates on its LNG projects, including EemsEnergyTerminal, Gate terminal Rotterdam, and Hong Kong LNG terminal project. EemsEnergyTerminal Vopak’s first update is in regard to EemsEnergyTerminal, an LNG import terminal located in the Eemshaven in the Net

about 3 years ago

Illustration/FLASC’ floating storage prototype tested in Malta in 2018 (Courtesy of FLASC BV)

Collaboration

Research into floating breakwaters as powerbanks for marine renewables starts in Malta

The University of Malta has teamed up with its offshore energy storage spin-off FLASC to assess the potential of integrating renewable energy and energy storage solutions with floating breakwaters.

about 3 years ago

Collaboration

Acteon firm gets more decommissioning work with Chevron

InterMoor, part of Acteon’s engineering, moorings and foundations division, has secured a contract extension with Chevron for a decommissioning scope in Thailand. Following the completion of Phase 1 decommissioning work in 2021 in the Gulf of Thailand, Chevron Thailand Exploration and Production (CT

about 3 years ago

Collaboration

Petronas inks farm-out deal for oil & gas field off Sabah

Petronas has entered into a farm-out agreement (FOA) with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah state government.

about 3 years ago

Collaboration

JERA and KOGAS strengthen LNG ties amid uncertain global energy supply

Japanese energy giant JERA has signed a memorandum of understanding (MoU) with South Korea’s state-owned natural gas importer and transporter Korea Gas Corporation (KOGAS) for cooperation in the LNG business. Pursuant to the MoU which seeks to secure the stability of LNG supplies, JERA and KOGAS agr

about 3 years ago

In focus: Vessel decarbonization efforts power ahead

Collaboration

In focus: In pressing need for GHG reduction, vessel decarbonization efforts power ahead

In a pressing need to reduce global greenhouse gas emissions (GHG), the shipping sector and offshore vessel services providers are certainly the protagonists in the whole decarbonization story. However, although we are seeing an increasing number of initiatives, we still have a long way to go.

about 3 years ago

Collaboration

GTT’s membrane tech to support PipeChina’s upcoming LNG projects

French LNG containment specialist GTT and PipeChina Innovation, a subsidiary of the state-owned PipeChina Group, have signed a cooperation agreement on GTT’s membrane technology for PipeChina’s upcoming LNG projects. The agreement was signed on the occasion of the visit of French President Emmanuel

about 3 years ago