Outlook & Strategy
Clarksons: 48% of orderbook embracing alternative fuels with 191 ships ammonia-ready
A total of 5.5% of fleet capacity today is alternatively fuelled, up from 2.3% in 2017, according to Clarksons’ Green Technology Tracker, which estimates the figure to reach 6.5% by 2025. Although alternative-fuelled newbuild ordering has been a little slower in 2023 to date, 48% of overall orderboo
Minesto hits a snag with Dragon 4 tidal energy kite’s offshore trials
Swedish company Minesto has retrieved its Dragon 4 tidal energy unit in Faroe Islands, amid interruption of electricity production during tests in Vesmanna.
CRIMSON tidal energy project enters next phase
The EU-backed CRIMSON project has moved to the next stage with the delivery of new foils for ORPC’s tidal energy turbine.
JERA, EnBW and VNG looking into ammonia cracker demonstration plant in Rostock
Japanese energy company JERA and its two German counterparts EnBW and VNG have teamed up to study the feasibility of constructing an ammonia cracker demonstration plant. To this end, the parties signed a memorandum of understanding (MoU) to jointly examine the feasibility of the construction of a de
In focus: Clean fuels make a grand entrance into maritime and offshore energy space
The decarbonization of maritime industry is increasingly picking up pace, led by new zero-emissions and hybrid-powered vessels, as ever-innovative offshore renewables sector finds new ways to produce green hydrogen – one of the most promising clean fuels in the energy transition story.
Spanish government greenlights El Musel LNG terminal start-up
El Musel LNG terminal in Gijón has received administrative authorization for its start-up from the Spanish Ministry for the Ecological Transition and the Demographic Challenge. According to the Spanish energy company Enagás, the technical conditions for the provision of LNG logistics services at the
Wavepiston makes progress on wave-powered desalination system in Canary Islands
Danish company Wavepiston has informed it is on a good track to deploy its first full-scale wave energy system for power generation and desalination off Canary Islands.
Fault found at first UK-Norway interconnector
A fault has been found on the 1,400 MW North Sea Link (NSL) that connects the UK and Norway causing the interconnector to operate at half capacity. Norway’s Statnett reported yesterday, 8 June, that a fault caused the unavailability of the NSL interconnector in the afternoon and the project will be
Viridis Bulk Carriers gets DNV’s green light for ammonia-fuelled short sea bulker
Shipping startup Viridis Bulk Carriers has won Approval in Principle (AiP) for its ammonia-fuelled short sea bulk carrier design from the DNV classification society. The certificate was presented during the Nor-Shipping trade fair at the DNV stand. The Viridis Bulk Carriers design, developed by Kong
Fratelli Cosulich forms LNG bunkering partnership with Titan
Italian maritime transportation group Fratelli Cosulich has started a collaboration with low and zero-emission fuels supplier Titan as it seeks to strengthen its position in the European LNG bunkering market. As part of this collaboration, on 6 June, Fratelli Cosulich signed a long-term time charter
DNV study: Overwhelming majority of seafarers in need of advanced tech & new fuels training
A staggering 81 percent of seafarers expressed a necessity for partial or complete training to effectively handle the advanced technologies expected to be deployed on future ships, a DNV study has found. Additionally, over 75 percent of respondents (Deck and Engine Officers 78%) indicated a need for
Poland and Denmark partner up for energy transition with hydrogen and biomethane on the table
Polish natural gas transmission system operator (TSO) GAZ-SYSTEM and Danish TSO Energinet have signed a Memorandum of Cooperation to work together on accelerating energy transition and strengthening regional energy security in Europe. The agreement was signed on 26 April during the Baltic Pipe gala
New IEA-OES report spotlights advances in wave energy sector
Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has released a summary of the recent progress made in the wave energy industry around the world.
Proman to help Port of Klaipeda implement methanol bunkering
Methanol producer and supplier Proman has signed a memorandum of understanding (MoU) with the Lithuanian Port of Klaipeda to support the implementation of future methanol bunkering in or near the port. Under the MoU, Proman will support the Lithuanian port in planning, designing and implementing fut