Outlook & Strategy
Vision Energy: Green Energy Hub project in Netherlands gains ground
US-based Vision Energy Corporation has concluded the pre-FEED study for all phase 1 green ammonia infrastructure at its Green Energy Hub project in the North Sea Port of Vlissingen, the Netherlands. To remind, Vision Energy’’s wholly-owned subsidiary Evolution Terminals BV engaged Linde Engineering
PXGEO places order for over 20 Saab underwater vehicles
Dubai-headquartered marine geophysical company PXGEO has placed an order with Saab for the delivery of over 20 autonomous underwater vehicles (AUVs) for a value of approximately €53.3 million. The order includes more than 20 Sabertooth vehicles making it Saab’s largest Sabertooth order to date, the
Biofuel key to maritime decarbonisation, but challenges present, DNV says
In its latest white paper “Biofuels in shipping,” classification society DNV has reported that the flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonisation while maintaining operational efficiency. However, the current limitations in production capac
Ardmore returns to VM for carbon capture-ready Filtree systems
New York-listed product and chemical tanker company Ardmore Shipping Corporation has ordered Value Maritime’s (VM) carbon capture-ready Filtree systems. for additional three MR Tankers Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon captur
Dutch province grants €1.2 million for osmotic power pilot scale-up
Dutch province of Friesland has made available €1.2 million for scaling up the Blue Energy project, which generates clean electricity through the osmosis process.
Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention
Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.
In push to make seismic acquisition fully autonomous, next-gen OBN handling system comes to market
PXGEO and Saab have developed what is said to be a next-generation ocean bottom node (OBN) handling system in a push to make offshore seismic data acquisition fully autonomous. According to the partners, the next-generation MantaRay OBN handling system uses hovering autonomous underwater vehicles (H
Mitsubishi Shipbuilding to develop an ammonia fuel supply system for WinGD
Mitsubishi Shipbuilding Co., part of the Japanese major Mitsubishi Heavy Industries (MHI) Group, will conduct technical studies on an ammonia fuel supply system for large, low-speed two-stroke marine engines which are being developed by Swiss marine engine maker Winterthur Gas & Diesel AG (WinGD). T
In focus: Investments in clean energy to top $1.7 trillion in 2023
Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,
LDA, VPLP & Alwena team up on wind assisted/propelled containership
Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca
INTERCARGO warns against regulating shipping in isolation
As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t
Congo and Technip Energies ink energy cooperation agreement
Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both
IDTechEx: Methane pyrolysis and turquoise H2 should not be overlooked
In its market report “Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,” technology company IDTechEx explores the topic of turquoise hydrogen and delves into the various methane pyrolysis technologies, their benefits, drawbacks and the key commercial activities shapin
Capacity of planned UK-France interconnector reduced to 1,250 MW
Developers of the FAB interconnector that will link Great Britain and France are planning to submit an updated planning application regarding the project’s converter station in the UK. FAB Link Limited and Réseau de Transport d’Électricité (RTE) have amended the design of the project from a capacity