Outlook & Strategy
European Commission approves €350M German renewable hydrogen scheme
The European Commission has approved a €350 million German scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool.
Provaris and GES agree to develop new hydrogen import facility in Rotterdam port
Provaris Energy and Global Energy Storage (GES) will develop a new gaseous hydrogen import facility at the GES terminal in the Rotterdam port.
EGM seals charter deal with Equinor for 4 wind-powered battery dual-fuel methanol tankers
EuroGreen Maritime (EGM), a French shipping company focused on sustainable maritime solutions, has entered into a seven-year charter agreement, with options for five one-year extensions, for four hybrid battery/dual-fuel methanol vessels with the Norwegian energy company Equinor.
Eco Wave Power on the lookout for top wave energy locations along US coastline
Swedish-Israeli wave energy developer Eco Wave Power is set to carry out a feasibility study to identify the top locations for commercial onshore wave energy stations across the U.S. coastline. Eco Wave Power announced it was selected by a “major energy company” to conduct a comprehensive feasibilit
ACME and Hydrogenious eye hydrogen value chains from Oman to Europe
ACME Group and Hydrogenious LOHC Technologies will explore the joint development of large-scale hydrogen supply chains from Oman to Europe.
Carnegie reserves site for CETO wave energy device deployment in Spain
CETO Wave Energy Ireland (CWEI), a subsidiary of Carnegie Clean Energy, has inked an assignment agreement that ensures its access to a berth reservation agreement within the Biscay Marine Energy Platform (BiMEP).
G2 Ocean expands its fleet with up to four ammonia/methanol-ready vessels
G2 Ocean has expanded its fleet with up to four 82,300 deadweight ton (dwt) ammonia/methanol-ready open hatch vessels.
CO2 emission reduction triumph keeps DeepOcean on track towards 2030 target
Norway-based ocean services provider DeepOcean has marked its 25th anniversary by reaching a CO2 emission reduction milestone which is said to keep the company on track toward its 2030 emission reduction target. DeepOcean announced that it had reduced its own CO2 emissions intensity by 18% since 202
X-Press Feeders, 6 European ports to create green shipping corridors
Singapore-based independent common carrier X-Press Feeders has signed a memorandum of understanding (MOU) with six European ports to accelerate the establishment of green shipping corridors and decarbonize the marine sector in Scandinavia and the Baltic Sea.
Dutch wave energy company gets subsidy for large-scale technology testing
Dutch Wave Power, a company developing technology to convert energy from waves at sea into electrical energy or hydrogen, has received a subsidy of over €99,000 for large-scale testing and demonstration of its technology in the North Sea offshore Scheveningen. The subsidy from the Wadden fund (Wadde
With offshore repairs done, Balticconnector about to restart after six-month shut-down
Preparatory work has begun for the commissioning of the Balticconnector gas pipeline between Finland and Estonia which was shut down in October 2023 due to a rupture, following the completion of repair work. Estonian transmission system operator (TSO) Elering and its Finnish counterpart Gasgrid clos
Eltronic FuelTech partners with CSTC Shanghai to promote greener fuel solutions in China
Eltronic FuelTech and CSTC Shanghai will work on the adoption of Eltronic FuelTech’s greener fuel technologies in China’s maritime sector.
Advent Technologies, Siemens Energy to work on maritime fuel cell solution
Advent Technologies and Siemens Energy have signed an agreement (JDA) to develop an integrated 500 kW HT-PEM fuel cell solution for maritime applications.
New carbon insetting program unveiled to accelerate shipping’s zero-emission future
A consortium of maritime organizations has introduced ‘the world’s first’ Carbon Insetting Program for Zero Emission Shipping.