Outlook & Strategy
Molgas becomes Titan’s strategic partner in boosting clean fuels market
Low-emissions marine fuels supplier Titan has closed a funding round for a 45% equity stake with further follow-on rights from downstream LNG and renewable gases company Molgas Energy, backed by infrastructure fund investor InfraVia Capital Partners. As explained, the investment in Titan aims to acc
Clarksons and Hydrogenious team up on large-scale commercialization of clean hydrogen
Clarksons Specialised Products, a unit of UK shipbroker Clarksons, has signed a Memorandum of Understanding (MoU) with Germany-based Hydrogenious LOHC Technologies to collaborate on a roadmap to establish a maritime supply chain for the bulk transportation of green hydrogen in chemical tankers using
Tripartite partnership pursues GHG storage acreage offshore Australia
DeepC Store and Azuli International have agreed to jointly pursue and acquire greenhouse gas (GHG) storage acreages in Commonwealth waters offshore Australia said to have strong potential for significant CO2 storage capacities. The two companies have jointly bid for GHG Assessment Permits released b
bound4blue, ITER conduct wind tunnel testing to enhance eSAIL
Spanish cleantech engineering company bound4blue has collaborated with the Institute of Technology and Renewable Energies (ITER), a Tenerife-based energy institute, for aerodynamic tests at the ITER wind tunnel facilities, focusing on optimizing suction sail systems for large vessels.
All main approvals in place for €2.8 billion UK-Germany link
NeuConnect, the first-ever energy link between the UK and Germany, has been granted all key regulatory approvals following the second partial approval for the construction and operation of the converter station on the German side. The Oldenburg State Trade Inspection Office (GAA Oldenburg) has grant
UK reveals winners of first hydrogen allocation round
UK government has concluded the first hydrogen allocation round (HAR1) and selected eleven projects, totaling 125 MW capacity, to receive over £2 billion (around $2.5 billion) of revenue support from the Hydrogen Production Business Model. Launched in July 2022, HAR1 represents the largest number of
Carnegie becomes industry partner on project testing novel concrete material for WECs
CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has secured €45,238 in funding to participate as an industry partner in the WECHULL+ Project which will investigate and test a novel concrete material for wave energy converters (WECs). The funding was provided by S
Floating solar not yet up to par to be brought into offshore wind tenders, says BP’s Benelux head of offshore wind
System integration is what is needed for the next leap in offshore wind, however, not all technologies that can integrate with offshore wind farms have the same starting point. Floating solar still has some way to go in becoming more resilient to harsh offshore conditions. On the other hand, hydroge
SEAM: Key milestones unlocked in ammonia tugboat retrofit project with Amogy
Ammonia power solutions company Amogy Inc. and system developer and integrator SEAM have revealed that several milestones have been achieved in their retrofitting project of a 1957 tugboat with ammonia-to-power technology. The retrofit involves a comprehensive overhaul of the tugboat’s original dies
COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?
A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.
World’s 1st hydrogen-powered tug launched
The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the Port of Antwerp-Bruges. The port ordered the tug in 2019 from Antwerp-based Compagnie Maritime Belge (CMB) as part of its strategy of becoming a climate-neutral port by 2050. “Th
Artemis Technologies: Electric foiling boats ready to go global
UK-based maritime design and applied technologies company Artemis Technologies is taking Northern Ireland’s maritime capabilities into an exciting new era as it brings its ‘flying’ electric foiling boats to international markets with £2 million (about $2.5 million) backing from financial services co
NACKS wins LR approval for methanol-fueled Kamsarmax design
Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) for an 81,000 DWT Kamsarmax bulk carrier. The design, which was unveiled with the announcement of a joint development project earlier this year, features methanol propulsion and rotor sail ca
SSE Thermal becomes joint owner of Kellas’ blue hydrogen project in Teesside
SSE Thermal, an operator of energy storage assets, has acquired a 50% stake in H2NorthEast, a blue hydrogen project being developed by Aberdeen-based energy infrastructure company Kellas Midstream in Teesside, UK. By acquiring a 50% stake, SSE Thermal has become a joint owner of the project. Through