Fortescue Future Industries (FFI), a subsidiary of Australian iron ore company Fortescue Metals Group, and the Ministry of Energy of the Republic of Azerbaijan have signed a framework agreement to jointly study and develop potential green hydrogen and renewable energy projects in Azerbaijan. The agr
Swedish wave energy company Waves4Power and Indonesia’s state-owned electric utility PLN Indonesia Power has signed a memorandum of understanding (MoU) to develop WaveEL wave energy parks on a large scale in the world’s largest archipelagic state.
“We are looking at a market today that is immense. It is new and unprecedented when you look at the numbers. Floating wind is expected to be, in 2050, bigger than fixed offshore wind. But we got some catching up to do, and catching up to be done is really in the supply chain”, GustoMSC’s […]
Global Maritime has provided marine warranty survey (MWS) services for CorPower Ocean’s HiWave-5 grid-connected wave energy project.
OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.
Danish shipping and logistics giant A.P. Moller – Maersk has signed a Letter of Intent (LoI) with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, to form strategic green methanol partnership as part of its strategy to decarbonise customers’ supply chain. With this LoI, SunGas joins eight
Belgium-based tanker shipping giant Euronav informed earlier today that it has received a letter from its biggest shareholder Compagnie Maritime Belge (CMB) seeking termination of the company’s tie-up with Frontline. The letter was addressed to Euronav’s Supervisory Board, following the publication
Singapore’s Samudera Shipping Line has announced a purchase agreement for 8,599,702 ordinary shares (sale shares) of LNG East-West Shipping Company (LNG EW) from Japanese shipping major Nippon Yusen Kabushiki Kaisha (NYK). The agreement was made on 6 December and is expected to be realised by mid-De
Together with its partner, an independent company for development, simulation, and testing, AVL, Norway’s cleantech company TECO 2030 has completed production of the world’s first fuel cell stack developed and purposely designed for heavy-duty and marine applications. “It’s amazing to be able to phy
Petronas has entered into a heads of agreement (HOA) with JX Nippon for a cluster of fields located offshore Peninsular Malaysia.
The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the
A consortium of international partners has launched a new project that aims to establish a hydrogen export route from Scotland to Rotterdam via liquid organic hydrogen carrier (LOHC). The project named LOHC for Hydrogen Transport from Scotland (LHyTS) seeks to demonstrate that LOHC, in the form of m
Malaysian oil and gas company Petronas has teamed up with Italian energy company Eni and Japan’s biotechnology firm Euglena to explore an opportunity for biorefinery development in Malaysia. On 14 December, the three companies announced their intention to jointly study the possibility of developing
Swedish sustainable solutions provider Alfa Laval has entered into an agreement with a subsidiary of CVR Energy, a US-based renewable fuels and petroleum refining company, to supply processing systems for feedstock pre-treatment, part of a strategic investment in the refinery supporting CVR’s expans
