Outlook & Strategy
Lloyd’s Register to start certification process of Carnegie’s CETO wave energy converter
Marine classification society, Lloyd’s Register, has been contracted by Australian wave energy developer, Carnegie Clean Energy, to begin the certification process for CETO, a fully submerged point absorber wave energy converter (WEC). Lloyd’s Register will assess Carnegie’s CETO WEC according to IE
Institutes from Korea and Sweden ink maritime research collaboration deal
Korea Research Institute of Ships & Ocean Engineering (KRISO) and Research Institutes of Sweden (RISE) have signed a memorandum of understanding (MoU) on cooperation in the maritime research area.
DNV: Energy-saving technologies crucial to reduce maritime emissions until carbon-neutral fuels become viable
Faced with challenges such as short supplies of carbon-neutral fuels, the shipping industry needs to explore every option for reducing fuel consumption in order to reach the 2030 decarbonization goal of 20% emissions reductions set by the International Maritime Organization (IMO), Norwegian classifi
Eco Wave Power and Shell advance wave energy project at Port of Los Angeles
Eco Wave Power has received a green light from the Port of Los Angeles for the engineering plans of the wave energy project the company is developing in partnership with Shell International Exploration and Production, as well as for other documents submitted. The Port of Los Angeles and AltaSea at t
Hapag-Lloyd taps Gasum for waste-based bio-LNG supply in line with ZEMBA tender
After winning the first tender by Zero Emission Maritime Buyers Alliance (ZEMBA), Germany’s container shipping major Hapag-Lloyd has selected Nordic energy company Gasum to deliver waste-based liquefied biomethane (bio-LNG) to its vessels during the two-year tender period. On April 16, 2024, ZEMBA,
OceanOpt and DNV Veracity team up for ‘improved’ maritime emissions management
OceanOpt, a provider of emissions management solutions, has partnered up with DNV Veracity, the data platform from independent assurance and risk management company, DNV, to ‘simplify’ emissions reporting and compliance with the European Union Emissions Trading System (EU ETS) for shipping companies
Cepsa starts biofuel supply to Norwegian Cruise Line at Barcelona port
Spanish marine fuel supplier Cepsa has started delivering second-generation biofuels to the cruise industry at the Port of Barcelona. Norwegian Escape, a cruise ship, operated by Norwegian Cruise Line Holdings (NCLH), received the first supply in late July. According to Cepsa, the supplied fuel, pro
Shell leveraging Swiss digital twin technology to optimize global offshore assets
Switzerland-headquartered structural performance management software solutions provider Akselos has signed a strategic enterprise agreement with Shell Information Technology, a subsidiary of the UK-based energy giant Shell, to widen their existing collaboration to encircle the energy major’s worldwi
Woocheen strengthens geosciences’ subsea offering through acquisition of UK engineering firm
DME Systems, a subsea engineering firm based in Newcastle upon Tyne in the UK, has merged with U.S.-based deepwater geosciences firm, Woocheen, broadening the latter’s expertise and capabilities. DME focuses on the telecommunications and offshore wind sectors by building and modifying subsea vehicl
Rystad: With global gas markets in ‘fragile equilibrium,’ more LNG key to 2030 energy targets
Based on the 2024 Global Gas Report, the world may face an energy deficit soon, with renewable energy targets at risk of falling through due to insufficient funding allocated to gas and clean energy projects.
Fertiglobe and Hintco officially seal €397 million deal for green ammonia supply to Europe
Abu Dhabi-based Fertiglobe, the winner of the first H2Global pilot auction for renewable ammonia, has officially signed a contract with Hintco, an intermediary for purchasing and selling green power-to-X (PtX) products within the H2Global funding mechanism. The agreement is said to represent a pivot
DSOC and partners get DNV’s blessing for LCO2 carrier vessel concepts
Classification society DNV has issued approval in principle (AiP) to China’s Dalian Shipbuilding Offshore Co. (DSOC) and its industry partners for liquid CO2 (LCO2) carrier vessel concepts. The certificate was issued during the international energy event ONS in Stavanger, Norway, for DSOC’s 12,000 c
Petrobras and TGS join forces to drive innovation and sustainability in Brazil’s energy sector
Norwegian seismic company TGS has signed a memorandum of understanding (MoU) with Brazilian state-owned energy giant Petrobras to collaborate on scientific research and technological development activities in Brazil. According to TGS, this MoU establishes a strategic partnership between the compani
AquaVentus offshore wind-to-hydrogen initiative gets new member
Technology company Elogen, part of the Gaztransport & Technigaz (GTT) group, has come onboard German offshore wind-to-hydrogen initiative, AquaVentus. Elogen expects to support this industrial development through ongoing undertaking in offshore electrolysis and take a further step in its commitment