U.S.-based ammonia power solutions company Amogy has been awarded a feasibility statement by Lloyd’s Register (LR) as the official approval of its technology qualification plan (TQP), marking a new milestone in certifying Amogy’s technology is viable for maritime applications. Amogy’s technology qua
The Lloyd’s Register (LR) Maritime Decarbonization Hub has partnered with Greek shipowners Capital Group, Navios Maritime Partners, Neda Maritime Agency, Star Bulk and Thenamaris to launch Maritime Emissions Reduction Centre (M-ERC) that will focus on optimizing efficiency of the existing fleet.
Finland’s pension insurance company Varma Mutual Pension Insurance Company has agreed to co-invest €15 million alongside OP Finland Infrastructure LP in compatriot shipping company ESL Shipping, a subsidiary of Aspo Plc.
Finnish shipping company Viking Line has signed a Memorandum of Understanding (MoU) with the Ports of Stockholm, and the Port of Turku to create a green maritime corridor between Turku and Stockholm. The goal is for the corridor to be 100% carbon-neutral by 2035. The partnership aims to develop scal
Japanese shipping heavyweight Kawasaki Kisen Kaisha (K Line) has signed bare boat charter and time charter contracts with Northern Lights JV DA for the management of the third CO2 ship. K Line has already signed contracts for managing the first two 7,500 m3 liquefied CO2 ships scheduled for delivery
Japanese shipping company Mitsui O.S.K. Lines (MOL) and compatriot energy firm JX Nippon Oil & Gas Exploration Corporation (JX) have signed a memorandum of understanding (MoU) to develop a carbon dioxide capture and storage (CCS) value chain between Japan and Australia, including marine transport of
French company Lhyfe has started construction work for its new hydrogen production plant in Brake on the site located on land in the harbor area of Niedersachsen Ports (NPorts), Germany’s largest public seaport operator. The groundbreaking ceremony for the production facility is taking place today,
Startup-corporate partnerships are becoming increasingly important as the maritime sector experiences a greater demand for innovation. At the Offshore Energy Exhibition & Conference 2023, Buccaneer, a company that sources and supports startups and scaleups in the maritime, and PortXL, a B2B maritime
Singapore-based Ocean Network Express (ONE) has been awarded Approval in Principle (AiP) from classification society DNV for an ammonia dual-fueled vessel, marking another milestone for the shipping company on its journey towards net zero by 2050.
Dutch Boskalis has installed a new energy storage system on board its diving support vessel (DSV) BOKA Atlantis as part of the efforts to make its fleet more sustainable. Boskalis reported that a set of powerful batteries was recently installed on board BOKA Atlantis along the quay of the Boskalis S
Norwegian cleantech company TECO 2030, together with thirteen partners from various European countries, has commenced its second EU Horizon project focused on developing, validating, and showcasing a zero-emission passenger ship fueled by hydrogen. The project named Zero Emission Adriatic Ship (ZEAS
Corvus Energy, a supplier of zero-emissions energy solutions or maritime, offshore, and port applications, has secured an investment from Woven Capital, Toyota’s growth fund, to speed up the development of its battery storage and hydrogen fuel cells and expand its geographical footprint. Corvus and
In a pioneering feat of engineering, Northern Lights, a joint venture company of energy giants Shell, Equinor, and TotalEnergies, shared a new milestone in the construction of the company’s liquefied CO2 (LCO2) carriers. Namely, the company’s first two vessels have been installed with custom-built 7
The Netherlands-headquartered N-Sea has chartered a hybrid, fuel-efficient survey and remotely operated vehicle (ROV) support vessel in a push to strengthen its offshore subsea activities. N-Sea Group entered into an agreement with Geo Plus to long-term charter the Dutch-flagged vessel Geo Ranger, w
