Outlook & Strategy
GTT nets technical services contract for JOVO-operated LNG carriers
French LNG containment specialist GTT has signed two technical services agreements (TSA) with China-based energy supplier JOVO, with contracts covering GTT’s assistance and operational support for JOVO-operated LNG carriers (LNGCs). GTT said it will provide its field expertise for inspections, maint
Gas Vitality marks 100th LNG bunkering operation
The Gas Vitality liquefied natural gas (LNG) bunker vessel marked the beginning of the New Year with the completion of its 100th bunkering operation. The 18,600m3 LNG bunker vessel carried out simultaneous operations (SIMOPS) for LNG bunkering, transferring 8,000 m3 of LNG to the MSC Freya, an MSC c
Trafigura aims for six zero-emission ships by 2030
Global commodity trading giant Trafigura has set an ambitious target of having at least six zero-emission green ammonia-fuelled vessels in its fleet by 2030 to achieve a 25% reduction in the GHG intensity of its shipping operations. Trafigura, one of the world’s largest charterers of vessels, is res
ABB strengthens ship route optimization offer with DTN buy
Switzerland-based technology company ABB has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (DTN Shipping), expanding the company’s offering in maritime software.
Neglected at sea: Seafarer abandonment surges, showing once again that critical ‘S’ is missing in sustainability
In a disheartening revelation, the International Transport Workers Federation (ITF) has unveiled alarming statistics regarding the abandonment of vessels in 2023. The figures reflect a worrying increase compared to the previous year, signifying an unsettling trend that demands urgent attention from
France’s new lab for tidal turbine development opens its doors
France’s Ifremer and HydroQuest have set up a joint laboratory for the development of offshore tidal turbines. Supported by the National Research Agency, the goal of the laboratory is to develop analysis tools and support for the design of tidal turbines adapted to marine constraints. Ifremer and Hy
BARTech unveils partnership with CMET as it parts ways with Yara Marine in WindWings shift
Wind propulsion company BAR Technologies (BAR) has entered into a partnership agreement with Chinese giant CM Energy Tech to wholly manage and oversee the production of BAR Technologies’ WindWings in China. BAR Technologies said that the Hong Kong-listed company would greatly enhance the company’s a
New partnership to support renewable energy development on Baltic islands
The Baltic islands of Bornholm, Gotland and Åland have signed a letter of intent (LoI) to work together on easing the islands’ shift to sustainable energy. According to Baltic Energy Island, the agreement focuses on the exchange of knowledge and the strengthening of local democratic engagement, reco
€3M push for French consortium developing subsea resident patrol tech
A French consortium comprising three partners has secured a €3 million grant to develop and qualify subsea resident patrol technologies. The consortium is made of Ifremer, a French research institute dedicated to the ocean, FinX, a start-up specialized in bio-inspired underwater thrusters, and led b
RINA partners with Gas and Heat on ammonia-fuelled bunker vessel
Italian classification society RINA has teamed up with Gas and Heat, a compatriot company specializing in the design and construction of cargo handling systems, on the development of a cargo and fuel gas system for an ammonia-fuelled bunker vessel. Within this agreement, Gas and Heat will develop th
WinGD hopes its X-DF engines will power the majority of QatarEnergy phase two LNG carriers
Swiss marine power company WinGD, part of CSSC Group, is expecting to secure the majority of dual-fuel engine orders for LNG carriers being built in the second phase of QatarEnergy’s newbuilding project.
10% fuel savings prompts Chemfleet to fit 3 more ships with Berg efficiency upgrade
Istanbul-headquartered specialized ship manager Chemfleet revealed that it has achieved around 10% in fuel savings after installing an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda. The Swedish propulsion company said that the replacement of the existing control
BP and Worley bolster ties with new five-year deal
Australian engineering company Worley has signed a new global framework agreement with UK-headquartered energy giant BP to provide engineering, procurement, and construction management services (EPCM) covering BP’s global refinery assets and new energy portfolio. According to Worley, the five-year a
AquaVentus: Imminent start of North Sea auction is essential for hydrogen ramp-up
Jörg Singer, chairman of German offshore wind-to-hydrogen initiative AquaVentus has called for a timely tender for the expansion of offshore electrolysis, saying that the imminent start of the auction for the Noth Sea region SEN-1, a 100 km2 area in the North Sea designated for hydrogen production,