Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.
Danish marine pump manufacturer Svanehøj says it has quadrupled its sales of fuel pump solutions in 2021 as a record year for new LNG-fueled shipbuilding contracts.
Advent Technologies Holdings’ fuel cell unit for the maritime sector – developed within the frame of the RiverCell Consortium – has passed safety testing, as well as a safety assessment completed by classification society DNV.
German company SINN Power has launched its new floating photovoltaic (PV) solution – the Water Lily – designed for renewable electricity generation on calm waters.
Sea Wave Energy Limited (SWEL), a R&D company based in Cyprus and UK, has deployed its wave energy device for another round of trials offshore Cyprus.
The Port of Rotterdam Authority and the municipality of Rotterdam are exploring possibilities of installing more shore-based power at the port’s terminals to reduce CO2 emissions and air pollution.
The technology group Wärtsilä has completed the maritime industry’s first installation and commissioning of a unique hybrid power system combined with a PV solar energy system onboard a bulk carrier vessel.
Scottish tidal energy company Nova Innovation has closed a crowdfunding round on Seedrs platform, collecting over £2 million in investment commitments.
Swiss container shipping major Mediterranean Shipping Company (MSC) has submitted an offer to acquire 100% of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa.
APM Terminals Apapa, Nigeria’s largest container terminal, has invested $438 million to upgrade its facility with modern cargo handling equipment since it won the concession of the terminal in 2006.
The Oil and Gas Authority is supporting the launch of a new climate compatibility checkpoint for the oil and gas industry.
Petronas and Posco have joined forces to collaborate on evaluating and exploring CCS potential in Malaysia.
Following a 20-week retrofit, Marilyn Bell I ferry is now the first electric ferry service in Canada to be powered by a zero-emission, lithium-ion power and propulsion system containing no diesel components.
11 out of 23 ship finance portfolios are aligned with the International Maritime Organization’s (IMO) decarbonization target. In 2020, only 20% of reporting signatories were aligned with this goal, according to a new Poseidon Principles report.
