Outlook & Strategy
Global OTEC gets Lloyd’s Register’s blessing for part of its floating OTEC system
UK-based company Global OTEC has secured an approval in principle from Lloyd’s Register for a barge that will support its floating ocean thermal energy conversion (OTEC) system.
EDF opens 20MWp floating solar power plant in France
The EDF Group has opened the Lazer floating solar power plant, the first facility of its type to be constructed in France by subsidiary EDF Renewables, and the first to combine solar and hydroelectric power generation at a single site.
EU urges IMO to set net-zero emissions target for 2050
The European Union (EU) has put forward an ambitious proposal to achieve net-zero emissions in the shipping sector by 2050. On 21 June 2023, the EU Delegation to the UN, together with Denmark, Palau and Samoa, and with the participation of Special Adviser to the UN Secretary-General and ASG of the C
QED Naval names new chairman
Scottish marine energy company QED Naval has appointed Gordon McIntosh as its new chairman.
Grimaldi launches ‘green giants’ on the Venice-Bari-Patras line
Starting today the freight transport between Italy and Greece, the regular ro-ro line operated by the Grimaldi Group between Venice, Bari and Patras, will be served by two of the company’s “green giants”, the hybrid vessels Eco Catania and Eco Malta. The Neapolitan shipping group, in synergy with th
AURELIA’s green retrofit package gets RINA’s nod
A green retrofit package solution designed by Dutch ship design company AURELIA in partnership with Econowind, Wattlab and Vertom has secured an Approval in Principle (AiP) from the Italian classification society RINA. The solution incorporates rigid sails, solar panels, batteries, optimized weather
KCC seals deal for 3 wind-assisted CABU III ships
Norway-based shipowner Klaveness Combination Carriers ASA (KCC) has concluded the shipbuilding contract for the construction of three third-generation CABU vessels with Jiangsu New Yangzi Shipbuilding Co. Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co. The contract is in line with the Letter of Inten
Prysmian’s new cable-laying vessel named after famous painting
Italy’s cabling giant Prysmian has selected the name for its new cable-laying vessel (CLV), said to reflect a strong connection with its sister vessel Leonardo da Vinci. The new 171-meter-long CLV, currently being built by Vard in Romania, will be named Monna Lisa. The name was chosen through an int
Yara Clean Ammonia and Bunker Holding to collaborate on ammonia as shipping fuel
Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertiliser company Yara International, and marine fuels trader Bunker Holding Group have signed a memorandum of understanding (MoU) to collaborate on the development of the market for clean ammonia as a shipping fuel. The MoU will see the two compa
Venture Global and SEFE ink 20-year LNG supply deal
US-based Venture Global LNG and Germany’s Securing Energy for Europe (SEFE) have entered a long-term sales and purchase agreement (SPA) under which SEFE’s subsidiary WINGAS will purchase 2.25 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from CP2 LNG, Venture Global’s third project,
The Netherlands forms green hydrogen partnership with Namibia
The Netherlands and Namibia have formed a partnership to cooperate on green hydrogen infrastructure that will lead to new hydrogen supply chains from Lüderitz to Rotterdam and its hinterland. Namely, the Port of Rotterdam, Gasunie, Invest International, the Government of the Republic of Namibia (GRN
Construction of Hoegh Autoliners’ Aurora-class ships ahead of schedule
The construction of new multi-fuel and zero-carbon ready Aurora-class vessels of Norwegian RoRo shipping company Höegh Autoliners is progressing ahead of schedule, the company said in an update. The company’s Chief Operating Officer, Sebjørn Dahl, recently returned from a visit to China Merchants He
New initiative brings together CEOs and investors to speed up clean hydrogen industry
New Joint Forum, an initiative that will foster a dialogue between industry leaders and investors to advance decarbonisation with clean hydrogen and derivatives, has been launched. The Joint Forum was launched on 22 June by the Hydrogen Council, a global coalition of CEOs with a united vision and lo
Annual renewable power must triple by 2030, IRENA claims
In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C climate target within reach. More specifically, IRENA identifies the way forward to immediately