Biofuels have emerged as a promising solution that can be implemented without significant changes to existing infrastructure. Nevertheless, there are numerous challenges hampering their wider adoption.
The Scottish Hydrogen and Fuel Cell Association (SHFCA) and its Singaporean counterpart, the Hydrogen and Fuel Cell Association of Singapore (HFCAS), have signed a Memorandum of Understanding (MoU) that will see the organisations work together to promote mutually beneficial hydrogen and fuel cell te
The Republic of Korea has pledged to provide official development assistance for marine energy programs in the Pacific Ocean, including the support for ocean thermal energy conversion (OTEC) scheme in Marshall Islands.
Netherlands-based Elegant Exit Company (EEC) has acquired the Wan Hai 165, a containership built in 1998, from Taiwanese shipping company Wan Hai Lines. The vessel was put up for demolition sale as part of a wider bidding process Wan Hai launched at the end of last year covering ten end-of-life cont
Vancouver-based company Instream Energy Systems has been tasked with carrying out a feasibility study for the installation of its hydrokinetic technology for a project in Guyana.
Prysmian has kicked off the construction of its new cable-laying vessel with a steel-cutting ceremony at VARD’s shipyard in Romania. The construction of the sister vessel to cable-layer Leonardo da Vinci began on 16 February at Vard Tulcea in Romania. “Prysmian Group had the honor of hitting the but
OEG Offshore has made a multi-million investment in SEAJET Systems, the developer of a trailblazing electric subsea excavation solution that is said to reduce CO2 footprint by 40 per cent. OEG Offshore said that the commitment to SEAJET is a further development in its move into the clean-tech sector
Westwood looks into the conundrum concerning the cashflow and capex of five supermajors: BP, Shell, Chevron, ExxonMobil and TotalEnergies.
UK-based shipping company Carisbrooke Shipping has partnered with London-based tech startup Carnot Ltd whose consortium has been awarded £2.3M to develop a zero-emission hydrogen auxiliary engine demonstrator. Following design, simulations and rigorous testing, the single-fuel hydrogen 50kW engine w
Although liner heavyweight Mediterranean Shipping Company (MSC) is trying to keep its ordering of new boxships on the down low, details have emerged of the company’s ten recently ordered LNG dual-fuel containerships. The order was confirmed by China’s CIMC Group, which disclosed that the constructio
In a bid to reduce its carbon footprint and improve energy efficiency, Diamond Offshore, has teamed up with Norway’s Stepwise.
Energean Egypt and Shell Egypt have entered a Memorandum of Understanding (MoU) to explore a mutually beneficial decarbonisation solution. According to Energean, the MoU is designed to support the decarbonisation and the energy transition of the Arab Republic of Egypt, contributing to global efforts
The U.S. Energy Information Administration (EIA) has lowered the U.S. natural gas price forecast for this year.
Carnival Corporation’s Costa Group and Proman, a top methanol producer, have signed a Memorandum of Understanding (MoU) to advance the use of methanol as a marine fuel for the cruise industry. The partnership aims to accelerate the energy transition and decarbonization of the existing fleet by impro
