Singapore-based provider of marine electric propulsion and energy management solutions Sea Forrest (SF) has obtained type approval from Bureau Veritas (BV) for its SEAGEN 11 marine propulsion battery module system. SEAGEN 11 is the first marinized lithium-ion battery system for marine propulsion to
Swiss company Cavotec has signed a service partner agreement with COSCO Group to provide preventive maintenance for more than 60 ocean-going vessels equipped with Cavotec shore power systems.
France-headquartered energy major TotalEnergies has announced the commissioning of the Cape Ann, the floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in the port of Le Havre. The company informed that the terminal injected its first megawatt-hours (MWh) of gas
South Korean shipbuilding major HD Hyundai Heavy Industries has signed the contract for the construction of 17 liquefied natural gas (LNG) carriers with Qatar Energy worth a staggering $3.9 billion. The contract signing was held on Wednesday as part of South Korea’s President Yoon Suk Yeol’s state v
Hyundai Samho Heavy Industries (HSHI) has selected TMC Compressors (TMC) to deliver the marine compressed air system to six containerships that the shipbuilder is constructing for French shipping major CMA CGM.
The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide
Yara Growth Ventures, the venture investment arm of Norwegian Yara International, and UK-headquartered Navigator Holdings have each acquired a 14.5% interest in the Norwegian ammonia bunkering startup Azane Fuel Solutions. The companies led an investment round of €5.4 million in Azane to commence co
Brazil’s Ceara state government and GoVerde Energia & Apollo Asset have signed a memorandum of understanding (MoU) with the aim of producing solar energy and green ammonia at the port of Pecém. The MoU was signed ahead of the second annual conference World Hydrogen Latin America which is scheduled t
European aerospace giant Airbus has selected French maritime firm Louis Dreyfus Armateurs (LDA) to renew its fleet of chartered vessels with three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. Airbus has commissioned LDA to build, own, and operate these new vessels th
The Port of Los Angeles and Port of Guangzhou, China, signed a Memorandum of Understanding (MOU) to bolster cooperation on the development of digital supply chain infrastructure, creation of a Trans-pacific Green Shipping Corridor between the two ports, and other sustainability initiatives to reduce
Norwegian company Kongsberg Maritime and BMA Technology have formed a strategic collaboration alliance to support the supply of low-voltage electrical products and engineering services to Turkish shipyards.
Proman Stena Bulk, the joint venture (JV) between tanker company Stena Bulk and methanol producer Proman, has held a naming ceremony for its second methanol-fueled tanker. The naming ceremony for the 49,900 DWT tanker Stena Pro Marine was held at the port of New Orleans on October 24, 2023. Speaking
Neue Schleppdampfschiffsreederei Louis Meyer of Hamburg has placed an order with Damen Shipyards for one next-generation tugboat from ASD Tug 2111 class.
Japanese Mitsui O.S.K. Lines (MOL) has inked a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA Co.
