Outlook & Strategy
Eurazeo backs Samskip’s hydrogen-powered newbuilds with €22.5 million investment
Dutch logistics company Samskip Group has secured financing for its zero-emission short-sea container vessel through a strategic partnership with Eurazeo and Ness, Risan & Partners (NRP). The €22.5 million funding, part of the Eurazeo Sustainable Maritime Infrastructure (ESMI) fund, marks the fifth
ABL marks tidal power exclusion zone offshore France
ABL France has completed a marine technical study for French tidal energy developers Normandie Hydroliennes (NH) and HydroQuest to support safe development of tidal turbine pilot projects located off Normandy, France.
Atlantic area ports to explore the use of green hydrogen-based technologies
A consortium of eleven partners from public and private entities from Spain, France, Ireland, and Portugal has kicked off a project that will carry out pilot tests for the application of hydrogen and methanol as an energy alternative in the fleet and vehicles of the ports of the Atlantic area. The p
Zulu Associates unveils design for zero-emission wind-assisted English Channel vessel
Belgian maritime innovator Zulu Associates has revealed a new concept design of its 200 TEU autonomous short sea container vessel, the Zulu MASS, featuring an auxiliary wind assistance system.
Large-scale Dutch CO2 storage project passes to next phase
Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have progressed their large-scale CO2 storage project offshore the Netherlands to the next phase. L10CCS, to be connected to the Aramis CO2 transport and storage initiative in the Dutch part of the North Sea, has entere
£1 billion contract awarded for UK subsea electricity superhighway
A few months after having been selected as the preferred suppliers, the consortium of GE Vernova’s Grid Solutions business and MYTILINEOS Energy & Metals has secured a £1 billion contract to deliver the HVDC converter stations for the 2 GW Eastern Green Link 1 (EGL1) subsea electricity superhighway
MAN taps Alfa Laval for methanol fuel-supply solution
German engine manufacturer MAN Energy Solutions has signed an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution for MAN four-stroke engines and its fuel-injection technology. As a result, the first four-stroke engine types will be capable of retrof
WinGD, Alfa Laval to work together on ammonia-powered engines development
Swedish sustainable solutions provider Alfa Laval and Swiss engine designer WinGD have established a partnership in which Alfa Laval will deliver two fuel supply systems (FSS) for testing WinGD’s ammonia-fueled engine in early 2024.
Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license
Horisont Energi and PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, have signed a sales and purchase agreement (SPA) under which PUN acquires a 50% participating interest in the only CO2 exploration license in the Barents Sea and is willing to take over the operator role. Under the SPA, P
Research center for subsea infrastructure security opens in The Hague
The Seabed Security Experimentation Center (SeaSEC), the research center for submarine infrastructure security, has officially opened in The Hague, the Netherlands. Located at Campusatsea in Scheveningen, the SeaSEC research center is committed to safeguarding the subsea infrastructure in the North
Everfuel forms green hydrogen alliance with ITOCHU and Osaka Gas
Danish green hydrogen company Everfuel has entered into a strategic collaboration with HyVC ApS, a joint venture between Japanese companies ITOCHU Corporation and Osaka Gas, to accelerate the development of green hydrogen production and share related technology knowledge. Everfuel, ITOCHU, and Osaka
Star Bulk and Eagle join forces to create dry bulk shipping powerhouse
Nasdaq-listed dry bulk shipping company Star Bulk Carriers and Eagle Bulk Shipping, one of the world’s largest owner-operators within the midsize dry bulk vessel segment, revealed their intent to merge through an all-stock agreement. The merger is expected to create a dry bulk shipping powerhouse wi
Cable-lay equipment ordered for new Nexans vessel
Italian company Remacut, part of NOV, has won a contract with Nexans to deliver the cable-lay equipment for the company’s new cable-lay vessel (CLV). Building on its predecessor, the CLV Nexans Aurora, the newly constructed vessel will incorporate a 3,500-ton underdeck carousel to complement the 10,
Hy24’s Clean Hydrogen Equipment Fund wins Dutch bank’s support
Dutch bank ABN AMRO is investing in the Clean Hydrogen Equipment Fund, managed by Hy24, a clean hydrogen investment fund committed to scaling up the global hydrogen economy. This is said to be the second climate-related fund investment taken on by ABN AMRO Corporate Investments and fits with the ban