Outlook & Strategy
EnBW buys into Norwegian green ammonia project
German energy supply company EnBW Energie Baden-Württemberg has entered into an investment agreement with Skipavika Green Ammonia (SkiGA), which is said to be one of Europe’s most advanced projects for emission-free ammonia production, in Western Norway. Under the agreement, EnBW will acquire a 10%
World’s 1st methanol-powered boxship completes Europe’s inaugural methanol bunkering on final leg to Copenhagen
Slowly but surely the world’s first containership powered by green methanol is making its way from South Korea to its final destination of Copenhagen where it will be christened in September. The 2,100 TEU boxship, built by Hyundai Mipo Dockyard, has arrived in the Port of Rotterdam, the final stop
OceanPal becomes partner in a deal for methanol-ready tanker newbuilding pair
Nasdaq-listed shipowner OceanPal Inc. announced that it is investing in a Norwegian entity, RFSea Infrastructure II AS, that will construct two methanol-ready, stainless steel chemical tankers. The two 600 dwt chemical tankers, ordered under two separate contracts, will be built at China’s Wuhu Ship
AW-Energy hops on Halliburton Labs Clean Energy Accelerator
AW-Energy, a Finnish near-shore wave energy technology developer, has joined the Halliburton Labs Clean Energy Accelerator program, gaining access to broad range of know-how to scale up its business.
Wärtsilä rolls out onboard carbon capture and storage feasibility studies
Technology group Wärtsilä has added carbon capture and storage (CCS) feasibility studies to its portfolio of products intended for shipowners and operators. The company has already conducted a number of studies on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container
Blue ammonia to be abundantly available for maritime industry by 2027, says Maersk Mc-Kinney Moller Center
Blue ammonia, an attractive fuel for the maritime industry, is expected to become available in significant quantities by 2027, with the potential for significant scale-up in production over subsequent years, according to a recent report by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping. The
Wave energy and subsea solutions specialists unite to extend O&G hubs’ lifetime
Scottish wave energy specialist Mocean Energy and Norway-based offshore energy services provider Aker Solutions Subsea have teamed up to explore how locally generated wave energy can extend the lifetime of existing oil and gas hubs by accessing stranded reserves. To this end, the two companies signe
Strohm’s deep-water TCP makes a splash in South America
Strohm has installed and commissioned its first deep-water, high-pressure thermoplastic composite pipe (TCP) jumper in South America for ExxonMobil Guyana. The jumper, incorporating advanced carbon fiber and polyamide12 materials, is used for water alternating gas (WAG) injection at ExxonMobil Guyan
Prosafe sees new opportunities for its vessels as tender activity for 2024 and beyond heats up
Prosafe is optimistic about the demand outlook for 2024 and beyond thanks to a substantial boost in tendering activity for this period.
Perenco and Carbon Catalyst win two more carbon storage licenses
Following the carbon storage license award to progress the Poseidon project over the Leman fields, Perenco UK and Carbon Catalyst have secured two further CO2 storage licenses in the Southern North Sea sector of the UK Continental Shelf (UKCS). The Orion carbon capture and storage (CCS) project enco
Tufton’s bulker to save 10 pct of fuel after fitting rotor sails
China-based Chengxi Shipyard has completed the installation of Anemoi’s rotor sails on TR Lady, an 82,000 dwt Kamsarmax bulk carrier. The installation was completed in June 2023. TR Lady is owned by TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management and is on a time charter wi
Danish Minister visits HySynergy facility, discusses green fuels and hydrogen
Danish Minister of Industry, Business and Financial Affairs, Morten Bødskov, has paid a visit to the HySynergy facility to talk about green fuels and the “next big export adventure,” hydrogen. According to the Danish green hydrogen provider Everfuel, Minister Bødskov was introduced to how hydrogen a
Gardline set for survey at UK North Sea gas project
Oil and gas services provider Hartshead Resources NL (HHR) and its joint venture partner Rockrose Energy have awarded Gardline with a contract to perform a geophysical survey for field developments located in the Southern North Sea. Following a competitive tender and subsequent technical and commerc
Industry’s first: Odfjell to install suction sails on a chemical tanker
Norwegian shipping company Odfjell in partnership with bound4blue, a Spanish developer of wind-assisted propulsion technology, will install the eSAIL® suction sail system on a chemical tanker, making it the first tanker vessel in the world to harness this type of technology. The eSAIL system, catego