Malaysian oil and gas major Petronas and the Dutch tank storage company Vopak have signed a memorandum of understanding (MoU) to develop the value chain for carbon capture and storage (CCS) in the Southeast Asia region. Under the MoU, the companies will jointly study the development of the CCS value
Winter is almost here and concerns over the security of energy supplies are on the rise. Governments and industries are trying to find ways to tackle both energy and climate crises at the same time. The never-ending battle with new regulations to accelerate green energy programs and address high pri
Under the recently opened €3 billion call for innovative next-generation low-carbon technologies as part of EU’s Innovation Fund, ocean energy technologies and projects have been specifically listed as eligible to apply for a share of €1 billion under two call topics.
Stolt Tankers and Stolthaven Terminals have joined forces on the removal and sustainable treatment of wastewater from ships docked in Houston. Stolthaven Houston and New Orleans have been operating onsite biological wastewater treatment plants for more than 20 years, specialising in the handling of
German liner major Hapag-Lloyd has signed a 5-year global partnership with Portchain, a Danish startup focusing on digitizing operations in the container shipping sector. Under the contract, Hapag-Lloyd will deploy Portchain Connect platform across its global operations and digitize the berth alignm
CorPower Ocean has completed the system integration of its first commercial scale wave energy converter, the CorPower C4.
A joint venture between KBR and SOCAR has been awarded a contract by BP for the delivery of an unmanned compression platform in Azerbaijan.
The Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s APM Terminals, has signed a concession agreement with the Suez Canal Economic Zone (SCZONE) for the expansion of the terminal. The $500 million agreement purports “financing, design, construction, management, and opera
Circular Maritime Technologies (CMT), a Dutch startup targeting to automate shipbreaking processes, has secured an EU subsidy that would help the company take the project to the next stage of development. CMT said that it won a subsidy as part of the Kansen voor West III, a program largely financed
Malaysian energy company Petronas has confirmed that a fire incident occurred at the Sabah-Sarawak gas pipeline (SSGP) nearby Lawas, Sarawak. As informed, the incident occurred on 16 November and, according to local media reports, it is the first fatal incident at the SSGP. Based on the reports from
Construction of Germany’s first floating liquefied natural gas (FLNG) terminal at the North Sea port of Wilhelmshaven has been completed as the country zeroes in on securing supplies and cutting dependence on Russian gas. The port infrastructure for the first LNG jetty was completed on 15 November a
Navigator Holdings, the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, has joined hands with Enterprise Products Partners on expanding their existing ethylene export terminal joint venture at Morgan’s Point, Texas on the Houston Ship Channel. The developments ma
A new report by the Tyndall Centre at the University of Manchester, which highlights the role of the shipping sector in transporting green fuels, is urging governments to create far stronger national policies on low-carbon fuels in order to bridge ‘a yawning gap’ between government-led projects and
Anglesey tidal energy scheme, Morlais, has welcomed Spanish company Magallanes Renewables on the site of its planned first commercial-scale tidal energy array.
