Outlook & Strategy
Construction of Stena Line’s methanol-ready NewMax hybrid duo about to begin
European ferry operator Stena Line is building two all-new hybrid propulsion vessels designed to run on methanol. The company said that the construction of the NewMax vessels will begin shortly with the launch of operations on the Irish Sea expected in 2025. China Merchants Jinling Shipyard in Weiha
UK ‘treasure map’ to show North Sea’s carbon capture and storage potential
The UK Government is planning to create a “treasure map” which will show how much carbon capture and storage (CCS) could be possible under the North Sea seabed. The plan envisages that companies that already have a license to store carbon will have to report what they find to the North Sea Transitio
Engie and WA firm advance plans to build hydrogen facility at Montoir-de-Bretagne LNG terminal
French utility company Engie and Western Australian technology development company Hazer Group have extended their collaboration for clean hydrogen and graphitic carbon production facility in France. Hazer Group is undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and g
QED Naval eyes UK government’s AR5 prize
QED Naval, a Scotland-based tidal energy company, has applied to the UK government’s fifth contracts for difference (CfD) allocation round to develop its tidal energy project at Morlais site in Wales.
GAC and GBF debut biofuel lifting at Ireland’s first clean fuels terminal
UK biofuel supplier Green Biofuels (GBF) has teamed up with GAC Ireland, a provider of ship agency services at all major Irish ports, to complete the first lifting of renewable drop in diesel fuel (GD+) from GBF’s Cork Terminal, also known as Ireland’s first clean fuels terminal. The first 39,000-li
Germany and Estonia to build Baltic WindConnector
German transmission system operator (TSO), 50Hertz, and Estonia’s TSO, Elering, have signed a Letter of Intent to jointly develop a hybrid submarine cable project called Baltic WindConnector in the Baltic Sea between Estonia and Germany. The Baltic WindConnector will be around 750 kilometres long an
TEAMER boosts 10 marine energy developers with $1.2M in research support
The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved ten projects through its ninth request for technical support (RFTS), reflecting a total of more than $1.2 million.
Good omen for getting rid of methane menace, as EU signals readiness to scale up reduction efforts
European Parliament’s landslide plenary vote shows the EU is ready to step up efforts to curb the methane footprint from the energy sector.
Hyphen and Koole Terminals team up on green ammonia supply
Hyphen Hydrogen Energy, a green hydrogen development company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a Letter of Intent (LoI) on green ammonia. The LoI covers the import of green ammonia into north-western Europe with Hy
EMEC’s marine energy activities brought in over €420M to UK economy, report finds
Economic impact assessment spanning two decades of operations at the European Marine Energy Centre (EMEC) has valued the impact of the test center to UK economy to be over €420 million (£370 million).
Gidara Energy gets green light for methanol plant in port of Amsterdam
Gidara Energy has received a key environmental permit for its renewable methanol facility to be built at BioPark in the port of Amsterdam. The environmental permit was granted by the province of Noord-Holland, allowing the company to build its Advanced Methanol Amsterdam (AMA) facility. The facility
Aker Horizons and VNG ink LOI to ship ammonia from Norway to Germany
Norway-based green energy developer Aker Horizons and German gas group VNG have signed a letter of intent (LOI) aiming to ship green ammonia from Narvik, Northern Norway, to Germany. VNG said it plans to procure up to 200,000 tonnes of green ammonia per year from Aker Horizons’ large-scale green ind
Shortly after revealing new investment plans, NKT’s CEO resigns
NKT’s Chief Executive Officer (CEO) Alexander Kara has decided to leave the company and is being replaced from within. The announcement comes shortly after the company revealed it was planning new investments in additional production capacity and capabilities. According to NKT, Kara has decided to l
Belgian Blue Cluster gets new chief
The Blue Cluster in Belgium, an organization established to promote the development of innovative economic activities at sea, has appointed Piet Opstaele as its new chief executive officer.