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Green Marine

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Crestchic Loadbanks
Green Marine

Seabound taps Crestchic Loadbanks to help test its carbon capture prototype

Startup climate-tech company Seabound has teamed up with Crestchic Loadbanks, a specialist in the provision of load bank testing equipment, to test Seabound’s carbon capture prototype. London-based Seabound has developed a unique carbon capture device that traps and stores CO2 from fuel exhaust with

about 3 years ago
Vincent Clerc, CEO of Maersk
Green Marine

Maersk expands executive team as Clerc takes over the reins

Danish container shipping major Maersk has appointed a new executive leadership team as the company kick-starts the year under the helm of Vincent Clerc as CEO. As we reported earlier, Clerc took over the reins at A.P. Moller – Maersk on January 1, 2023, following the retirement of his predecessor S

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about 3 years ago
Solstad PSV hits 'incredible' emission and fuel saving milestone
Green Marine

Solstad PSV hits ‘incredible’ emission reduction and fuel saving milestone

Solstad Offshore’s platform supply vessel (PSV) Normand Leader has saved 29 per cent of emissions and fuel consumption compared to a normal transit and only minor vessel speed alternations. Solstad said it had worked with partner VPS Decarbonization over the last weeks to use data analytics to save

about 3 years ago
KSOE and partners to work on hydrogen and fuel cells
Green Marine

KSOE and partners to work on hydrogen and fuel cells

Korea Shipbuilding and Offshore Engineering (KSOE), a research-oriented intermediate holding company of the Hyundai Heavy Industry (HHI) Group, Germany’s Fraunhofer Institute for Ceramic Technologies and Systems (IKTS), and European solid oxide systems (SOC) producer ELCOGEN have agreed to collabora

about 3 years ago
Euronav-Frontline merger
Green Marine

Frontline pulls the plug on the highly anticipated $4.2 bln merger with Euronav

Norwegian tanker owner and operator Frontline has terminated the combination agreement it entered into with Belgian counterpart Euronav in July 2022, the company revealed on Monday in a sudden turn of events. The stock-for-stock merger deal would have created a global oil tanker operator valued at $

about 3 years ago
TECO 2030’s FCM400 development enters final stages
Green Marine

TECO 2030’s FCM400 development enters final stages

Norway’s cleantech company TECO 2030 has completed the selection of all major component suppliers and procured the necessary parts for the first fuel cell modules FCM400, bringing the modules’ development close to completion. The first units are now ready for assembly, with the project now shifting

about 3 years ago
Bloom Energy to expand its footprint into Portugal and Spain
Green Marine

Bloom Energy to expand its footprint into Portugal and Spain

Bloom Energy, a US-based green energy company, has partnered up with Telam Partners, a senior advisory firm specialised in the financing and market entry of energy, infrastructure, and technology projects, to expand its services, which include electrolyzers and hydrogen, into Spain and Portugal. Acc

about 3 years ago
Gen2 Energy and SEFE discuss potential green hydrogen supply for Germany and North-West Europe
Green Marine

Gen2 Energy and SEFE discuss potential green hydrogen supply for Germany and North-West Europe

Norwegian green hydrogen company Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), former Gazprom Germania GmbH, have signed a memorandum of understanding (MoU) to pursue an offtake agreement for compressed green hydrogen. On 6 January, the companies said they were discussing a long-term

about 3 years ago
AYRO
Green Marine

WHISPER wind-assisted ship retrofit project gets financial boost from EU

An energy transition project comprised of 14 partners, WHISPER, has been granted €9,2 million in funding from Horizon Europe, which will include retrofitting ships to achieve emission reductions.

about 3 years ago
Yara Kara, Image by Yara International
Green Marine

In focus: Ammonia emerges as a ‘trump card’ as countries dash for energy security

As we entered into a new year, the mission remained the same. In the next twelve months, the offshore energy sector will continue to work on the steps to ameliorate immediate challenges and climate change impact.

about 3 years ago
VLCC
Green Marine

Poten: Unipec king of VLCC charters, Lukoil doesn’t make the cut

Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures, according to Poten & Partners. However, Russia’s Lukoil has dropped out of the top 20 spot charterers. This is mainly due to Russia’s war in U

about 3 years ago
Horisont Energi picks site for Errai onshore CO2 terminal
Green Marine

Horisont Energi picks site for Errai onshore CO2 terminal

Horisont Energi has selected a site in Norway where the onshore CO2 terminal for the Errai large-scale carbon capture and storage (CCS) project will be located. The Norwegian company entered into an option agreement with Haugaland Næringspark to locate the land-based CO2 terminal for the Errai CCS p

about 3 years ago
President & CEO Takeshi Hashimoto
Green Marine

MOL CEO: We will transport LNG from Russia as long as we can

Japanese shipping heavyweight Mitsui O.S.K. Lines plans to resume energy transport business, mainly of LNG, from Russia as long as possible, the company’s President & CEO Takeshi Hashimoto said in a New Year’s address. “Disruptions in supply chains, soaring energy and grain prices, global inflation,

about 3 years ago
Scandlines
Green Marine

Construction of Scandlines’ zero-emission ferry making headway at Cemre

Scandlines’ new zero-emission ferry is starting to take shape at the Cemre shipyard in Turkey. Danish ferry operator said in an update that two-thirds of the steel plates have now been cut at the shipyard, adding that the ferry currently consists of eight sections which have already been placed on t

about 3 years ago