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Third subsea link between Finland and Sweden to replace aging cable in late 2030s
Collaboration

Third subsea link between Finland and Sweden to replace aging cable in late 2030s

The Finnish and Swedish transmission system operators (TSOs) Fingrid and Svenska kraftnät have initiated the planning process for the third submarine cable between the countries which would replace the first connection at the end of its operational lifetime in the late 2030s. Under a signed letter o

about 1 year ago
ABS
Collaboration

ABS, HD Hyundai join forces on AI-backed smart shipyard vision

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Classification society American Bureau of Shipping (ABS) and South Korea’s shipbuilding major HD Hyundai Samho, part of HD Hyundai Group, have inked a memorandum of understanding (MoU) to collaborate on an artificial intelligence (AI)-enabled smart shipyard project. As disclosed, the agreement sets

about 1 year ago
NuScale explores integrated solutions for hydrogen and clean water production
Collaboration

NuScale explores integrated solutions for hydrogen and clean water production

NuScale Power Corporation, a U.S. provider of advanced small modular reactor (SMR) nuclear technology, has announced research programs focused on integrated energy systems designed to support hydrogen production and clean water supply.

about 1 year ago
One of 'world's largest' geotechnical vessels stays with Geoquip Marine until 2030
Collaboration

One of ‘world’s largest’ geotechnical vessels stays with Geoquip Marine till 2030

Geoquip Marine, a provider of offshore geotechnical solutions, has extended the charter agreement with Norway’s Myklebusthaug for Dina Polaris until 2030, described as one of the world’s largest geotechnical vessels. Also described as one of the world’s most capable geotechnical drilling vessels, th

about 1 year ago
Research center for sustainable shipping opens in Scotland
Collaboration

Research center for sustainable shipping opens in Scotland

Scotland’s University of Strathclyde, in partnership with Germany-based dry bulk carrier owner and operator Oldendorff Carriers, has launched a new research center focused on sustainable shipping.

about 1 year ago
Members of the Marine Energy Taskforce (MET)
Collaboration

UK launches taskforce to drive tidal and wave energy roadmap

The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi

about 1 year ago
Several people standing in line at a document signing ceremony
Collaboration

Woodside to supply Petronas with LNG under long-term agreement

Two energy majors, Australia’s Woodside Energy and Malaysia’s state-owned Petronas, have signed a non-binding heads of agreement (HOA) for a long-term supply of liquefied natural gas (LNG) to Malaysia.

about 1 year ago
Halifax
Collaboration

Chamber of Marine Commerce welcomes Halifax Port Authority as newest member

The Chamber of Marine Commerce (CMC) has welcomed Canada’s Halifax Port Authority as its newest member organization.

about 1 year ago
Provaris and Yinson making strides in LCO2 shipping solutions
Collaboration

Provaris and Yinson making strides in LCO2 shipping solutions

Australian energy company Provaris and Yinson Production, an owner and operator of floating, production, storage, and offloading (FPSO) vessels, have completed liquid CO2 (LCO2) tank design and formed a joint venture (JV) to commercialize LCO2 marine and offshore applications.

about 1 year ago
Minesto secures $2.3M loan to support operations, clarify capital needs
Collaboration

Minesto secures $2.3M loan to support operations, clarify capital needs

Swedish tidal energy developer Minesto has secured a SEK 22 million (approximately $2.3 million) loan from Fenja Capital to be used as working capital for its ongoing operations and business development. According to Minesto, the loan has a four percent set-up fee and a one percent monthly interest

about 1 year ago
Illustration; Courtesy of MODEC and Terra Drone
Collaboration

Renewal of MODEC-Terra bond taking FPSO inspection drone tech to the next level

With the goal of stepping up its drone technology game for crude oil storage tank inspections on floating production, storage, and offloading (FPSO) vessels and large offshore platforms, Japan’s MODEC has revived its relationship with Terra Drone Corporation, a compatriot drone and urban air mobilit

about 1 year ago
MMMCZCS
Collaboration

MMMCZCS, partners unveil 3,500 TEU ammonia-fueled feeder design

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), in collaboration with ‘key’ partners, has unveiled a concept design for a 3,500 TEU container feeder vessel fueled by ammonia. As disclosed, MMMCZCS has worked on this concept together with German engine manufacturer Everllence (f

about 1 year ago
LCO2
Collaboration

Petronas, MISC and MOL debut LCO2 carrier JV

Petronas CCS Ventures, part of Malaysia’s state-owned energy giant Petronas, compatriot shipowner MISC Berhad and Japanese shipping company Mitsui O.S.K. Lines (MOL) have incorporated a strategic joint venture to develop and acquire liquefied carbon dioxide (LCO2) carriers.

about 1 year ago
Ceres comes onboard Hydrogen Council
Collaboration

Ceres comes onboard Hydrogen Council

Ceres, a developer of clean energy technology: fuel cells for power generation and electrolyzers for the production of green hydrogen, has joined the Hydrogen Council, a global CEO-led initiative of energy, transport, and industry companies.

about 1 year ago