Japanese oil and shipping company Eneos has opened a demonstration plant in Brisbane, Australia, which will produce methylcyclohexane (MCH), a liquid hydrogen carrier. The use of MCH as a hydrogen carrier has the potential to simplify the storage and transportation of hydrogen, which is otherwise a
The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the proj
Swiss marine power company WinGD and Belgian shipping and cleantech group CMB.TECH have signed an agreement on the development of ammonia-fuelled two-stroke engines. The companies aim to install the ammonia dual-fuel X72DF engine on a series of ten x 210,000 DWT bulk carriers to be built at a Chines
Oceanbird, a project backed by Alfa Laval and Wallenius, is moving fast with the preparation for the installation of its first land-based Oceanbird Wing 560. The project developers are already ordering parts for the installation, following the award of €9 million worth of funding under the Horizon E
Newcastle University has set sights on turning wave motion into a source of renewable energy with the latest project that will see the installation of a wave energy device prototype in the North Sea.
Innovate UK has selected a consortium, led by Ingine Wave Energy Systems, to receive funding support for the development of wave energy project offshore Indonesia.
U.S. oilfield services provider Baker Hughes has introduced new digital solutions and investments focused on improving efficiency and performance while reducing emissions in order to drive the long-term sustainability of customer operations. Baker Hughes made the announcement at its annual meeting i
French container shipping major CMA CGM Group has invited start-ups and businesses working on concrete solutions to submit projects that aim to speed up the decarbonization of the French shipping industry. The company has committed a €200 million budget for the projects from its five-year $1.5 billi
Dutch startup Circular Maritime Technologies (CMT) has received a cheque for the €1.7 million grant from the Kansen voor West subsidy program, which is largely financed by the European Regional Development Fund. The company said that the financing would be used for the first steps of CMI’s test and
The partners in the €19.6 million WEDUSEA wave energy project have made significant progress in the engineering and design scope of development, building on learnings from previous wave energy initiatives.
Dutch ship design company AURELIA, has joined forces with naval architecture designer NEPA SHIPPING, and ALOFT SYSTEMS, experts in sails and weather routing, on a green retrofitting project involving a 205,000 dwt bulk carrier. The project set out to demonstrate how a combination of innovative solut
Singapore-based Pacific International Lines (PIL) has partnered with Lloyd’s Register’s fleet optimisation experts, i4 Insight, to help it reduce emissions and maximise fleet performance with a four-year fleet-wide agreement. PIL recently opened a ‘Centre for Maritime Efficiency (CME) which is power
IHI Corporation, Japan’s LNG receiving and storage terminal manufacturer, has started looking into converting liquefied natural gas (LNG) receiving and storage terminals near many gas-fired power plants into ammonia-based facilities. The company said it will draw on its corrosion expertise and exper
Monitoring, Reporting, and Verification (MRV) and GHG Neutral Framework by the International Group of LNG Importers GIIGNL has been used for the first time with Shell Eastern LNG’s delivery of a pilot GHG-neutral LNG cargo from the Gorgon Project in Australia to CPC Corporation, Taiwan. The framewor
