Greek cable manufacturer Hellenic Cables has launched an investment program of approximately €80 million over a two-year horizon in order to address the growing demand for electrification. The program includes a major expansion of the company’s subsea cable plant in Corinth that will double the prod
Clean Hydrogen Joint Undertaking, also known as the Clean Hydrogen Partnership, has launched its 2023 call for proposals for the development of clean hydrogen technologies. The call was launched on 17 January with a total of €195 million to be made available for projects that support the creation of
The construction of ESL Shipping’s energy-efficient plug-in hybrid vessels at the Chowgule Shipyard in India is progressing according to schedule, the Finnish dry bulk shipping company said. Block assembly of the first two vessels, Electramar and Stellamar, is currently progressing in four parts: af
The Shipping Corporation of India (SCI) will be required to retrofit at least two ships to run on green hydrogen or other green hydrogen-derived fuels by 2027 as part of India’s decarbonization plans. India has declared that it plans to become energy independent by 2047 and a net zero country by 207
Noble Corporation’s jack-up rig has left Port Esbjerg and is now ready to start working on a CO2 storage project in the Danish North Sea.
Italy’s energy infrastructure operator Snam has revealed its plans to invest a total of €10 billion ($10.8 billion) by 2026 in strengthening its transport, storage and LNG business to contribute to the country’s energy security. The investment is part of Snam’s 2022-2026 Strategy Plan, which was app
Norwegian shipowner Höegh LNG has signed its second binding time charter contract with the German Federal Ministry for Economic Affairs and Climate Action (BMWK) for the floating storage and regasification unit (FSRU). Under the 10-year contract, FSRU Höegh Gannet will be allocated to the new liquef
The European Marine Energy Centre (EMEC) has been awarded a site-wide section 36 consent at its grid-connected Billia Croo wave test site off the west coast of Orkney in Scotland.
ACWA Power, a Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, Uzbekistan’s Ministry of Energy, and Uzkimyosanoat, an Uzbekistan-owned chemical company, have signed extensive heads of terms agreements to develop a green hydrogen fa
Saipem has joined forces with MCS to launch a new asset integrity management system for offshore energy operators.
More than 40 signatories representing the entire value chain of green fuels, including Danish Shipping, have sent a joint letter calling on politicians to aim for a proactive and ambitious regulation in the present FuelEU Maritime trialogue. Associations and companies including fuel suppliers, end-u
Ship management companies OSM Maritime Group and Thome Group have agreed to a merger of the two companies. The combined company will be named OSM Thome. “By joining our resources in OSM Thome, we will become an even better partner to our customers. With our emphasis on safe and efficient operations
Researchers at the University of Western Australia’s Marine Energy Research Centre (MERA) have released two reports highlighting the ocean energy potential of Western Australia’s Albany region.
Nauticus Robotics has started its international expansion strategy for 2023 and beyond with the initiation of its operations in Norway and the United Kingdom.
