Japanese shipping company Kawasaki Kisen Kaisha (K LINE) has completed its third biofuel trial on board its ships as part of its decarbonization efforts. The company said that the trial involved the use of B24 marine biofuel comprising 24% fatty acid methyl ester (FAME) blended with very low sulfur
Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.
Japan’s IHI Corporation and India’s renewable energy company ACME have signed a Memorandum of Understanding (MoU) to study and investigate the feasibility of producing and utilising green ammonia derived from renewable energy. Under the MoU, IHI will consider participation in green ammonia productio
A survey campaign exploring potential natural gas deposits has been completed over two areas in Greece’s exclusive economic zone (EEZ) in which ExxonMobil and Helleniq Energy hold licenses. Norway’s PGS carried out the 2D seismic surveys at the offshore areas deemed as West and Southwest of Crete. T
Partners in the Leviathan gas field offshore Israel have approved budgets for 2023 which include nearly $100 million for the expansion of the existing infrastructure and preparation of the future floating LNG terminal. Said to be the largest energy project in Israel’s history, the deep-sea field sta
Spanish energy company Enagás has announced that all its objectives set for 2022 have been achieved and the degree of execution of its 2022-2030 strategic plan is higher than expected. Enagás’ net profit on 31 December 2022 amounted to €375.8 million, exceeding the target for the year. The significa
South Korean shipbuilders are resuming their winning streak from last year as they reap fruit from the growing demand for high-end ships featuring dual-fuel propulsion and advanced technology. The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this
The Dutch Marine Energy Centre (DMEC) and the EU-SCORES project partners have recently held a two-day stakeholder engagement event on energy multi-use parks at the Marine Energy Hub in the Hague, spotlighting the benefits of combining different offshore renewable energy sources at one site.
After granting three electricity interconnector licenses earlier this month, UK energy market regulator Ofgem has awarded another one, this time for a project that is set to link the UK and the Netherlands. A gas interconnector license was granted to NU-Link Interconnector UK Ltd on 9 February, auth
French container shipping major CMA CGM is bunkering biofuels on 32 vessels across its vast fleet as part of its decarbonization efforts. “Biofuel is a big part of our roadmap to decarbonization,” Francois-Xavier Accard, Managing Director of CMA CGM’s International Shipping Company Pte. Ltd. said du
Technology company ZeroNorth, a digital spin-off of Maersk Tankers, has acquired Singapore-based platform for marine fuel suppliers BTS PTE Ltd. to support bunker suppliers to digitalise operations and reach decarbonisation goals. Under the agreement, ZeroNorth will acquire BTS’ flagship suite of se
ECOwind, a subsidiary of German renewable energy company BayWa r.e., together with Austrian energy supplier EVN, has constructed a 24.5 MWp floating solar plant in Austria.
Oceanbird, a JV backed by Alfa Laval and Wallenius, and KTH Royal Institute of Technology are performing extensive tests on the Oceanbird wing model in the KTH L2000 wind tunnel. The team is testing the aerodynamics of the wings while exposing them to different wind conditions. This series of tests
Argeo has completed a conversion and rigging program for Argeo Searcher, making the vessel ready to enter commercial autonomous underwater vehicle (AUV) operations. Following the “rigorous” conversion and shakedown program, Argeo Searcher is fully equipped with two SeaRaptor AUVs and can, with dual
