Outlook & Strategy
Bermuda incorporates wave energy into its legal framework
The Government of Bermuda has approved regulations for innovative licenses to provide electricity to the island, including those for wave energy.
Subsea7 and Port of Aberdeen join hands on hydrogen storage project
Engineering company Subsea7 and the Port of Aberdeen have teamed up to investigate the feasibility of establishing underwater hydrogen storage at South Harbour, UK. Subsea7 is expected to undertake extensive engineering studies to identify the optimum technology solution, and a suitable offshore sit
Rotor sails and voyage optimization yield up to 28 pct CO2 cuts, study finds
The combination of NAPA Voyage Optimization with the Norsepower Rotor Sail™ can deliver emissions reductions of 28%, on average, on the Atlantic route between New York and Amsterdam, a study has found. The findings are part of a simulation project carried out in cooperation with Norsepower, a Finlan
World’s first: Ammonia-ready CMA CGM Masai Mara delivered
The world’s first ammonia-ready containership CMA CGM Masai Mara has celebrated two major milestones in its construction process. Namely, the engineering marvel was christened at a special ceremony hosted by the Chinese shipbuilder Qingdao Shipyard on April 27, before being officially delivered on M
Flexens expands its Kokkola project, plans hydrogen production alongside ammonia
H2Cluster Finland, a network of companies and industrial associations, has revealed that its member, the Finnish project developer Flexens, aims to start green hydrogen production with a capacity of 350 megawatts (MW) and integrate it with green ammonia production. Specifically, the company plans to
EEC shares insights on overcoming hurdles in permitting process for recycling of 1st ship
Netherlands-based ship recycling startup Elegant Exit Company (EEC) has received a green light from the Supreme Council for Environment (SCE) in Bahrain, a government entity in charge of the country’s environment strategy development, to move forward with the recycling of its first vessel. Elegant E
Another preferred bidder status for Prysmian in the UK
Cabling giant Prysmian has been selected as the preferred bidder for the Eastern Green Link 1 (EGL1) cable connection in the UK. The news came shortly after it was revealed that the Italian company had been selected for Eastern Green Link 2 (EGL2). Great Britain transmission grid owners SP Transmiss
CorPower sings praises for Portuguese wave energy suppliers
CorPower Ocean has named a Portuguese company as its ‘supplier of the year’ in recognition of the role it played in the development of its first commercial-scale wave energy converter, soon to be deployed offshore Portugal.
Kongsberg completes one of its most complex autonomous journeys at sea
Norwegian tech provider Kongsberg Maritime has demonstrated a range of remote and autonomous technologies on a cargo vessel operating off the coast of Norway. The demonstration project took place in the North Sea and it is a result of collaboration between Kongsberg and the shipowner Eidsvaag AS, wi
Eni, RINA to boost energy transition and decarbonisation of maritime transport
Energy major Eni and classification society RINA have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonisation of their respective operations and particularly maritime transport. According to Eni, the agreement focuses on the use of HVO (hyd
Repurposing oil & gas infrastructure to harness offshore wind power
Converting oil and gas infrastructure for use in the offshore wind industry would slash installation costs for renewable energy operators.
Norwegian authority looks into Northern Lights CCS project
The Petroleum Safety Authority Norway (PSA) has completed an audit of the joint venture behind the Northern Lights carbon capture and storage project (CCS) and some of its elements. The PSA conducted an audit of the Northern Lights joint venture and the follow-up of pipelines and subsea facilities i
Ocean Yield trims sails, signs up for up to 9 ammonia-ready Newcastlemaxes with CMB
Norwegian shipowner Ocean Yield has finalized the terms of its previous announcement on the acquisition of up to ten ammonia-ready Newcastlemax dry bulk newbuildings. Namely, in its latest announcement, the company said it had agreed with the charterer to finalize the transaction scope at eight or n
In focus: Will the hydrogen rainbow chase away fossil fuels’ clouds?
The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.