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Wärtsilä, Höegh LNG and partners to develop ammonia as hydrogen carrier with Norwegian backing
Transition

Wärtsilä, Höegh LNG and partners to develop ammonia as hydrogen carrier with Norwegian backing

Finnish technology group Wärtsilä and Norway-based Höegh LNG, together with other partners, have received funding of approximately €5.9 million (around $6.4 million) from the Norwegian government for the development of ammonia as a hydrogen carrier for the energy market. The funding is part of Norwa

about 3 years ago
Landsvirkjun teams up with Linde on clean hydrogen and e-fuel projects
Transition
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Landsvirkjun teams up with Linde on clean hydrogen and e-fuel projects

Icelandic energy company Landsvirkjun and global industrial gases and engineering company Linde have signed a collaboration agreement that is expected to facilitate energy transition in Iceland through the development of clean hydrogen and e-fuel projects. Landsvirkjun said the partnership will comb

about 3 years ago
SHI Aurora Spirit
Transition

Teekay Tankers resorts to engine power limitations to meet EEXI

Teekay Tankers, one of the world’s leading providers of international seaborne transportation of oil, said it would implement engine power limitation (EPL) on its vessels to meet the Efficiency Existing Ship Index (EEXI) requirements. Namely, the EEXI will require a 20% improvement in vessel design

about 3 years ago
Purus Maritime
Transition

Itochu invests in Purus Marine

Japan’s Itochu Corporation has decided to make an equity investment in Purus Marine, a recently formed, environmentally focused maritime vessel and infrastructure company. UK-based Purus Marine owns and manages various environmentally advanced vessels. Its business purpose is to provide vessels that

about 3 years ago
EEC
Transition

EEC: Sustainable shipbreaking an untapped area ripe for disruption

Elegant Exit Company (EEC), a sustainable ship recycling startup, is on a mission to change the ship recycling industry by converting old ships into green steel. The Drachten-based company was launched in 2020 with plans to own a fleet of end-of-life ships that will be operated until their planned r

about 3 years ago
Illustration/Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Transition

Nova Innovation enters floating solar market, with first installation set for Scotland

Scottish company Nova Innovation has expanded its tidal energy product portfolio with the addition of floating solar technology, announcing also plans for the installation of Scotland’s first array of floating solar panels later in 2023.

about 3 years ago
Two final offers in for Denmark's first CCUS subsidy pool
Transition

Two final offers in for Denmark’s first CCUS subsidy pool

The Danish Energy Agency has received two final offers related to Denmark’s first tender for the carbon capture, utilization and storage (CCUS) subsidy pool, with a contract expected in May. The Danish Energy Agency announced in August 2022 that three applicants – I/S Vestforbrænding, Ørsted Bioener

about 3 years ago
Liquid hydrogen swappable storage solution for ships in the making
Transition

Liquid hydrogen swappable storage solution for ships in the making

The Sustainable Hydrogen Powered Shipping Project (sHYpS), which is centred around the idea of developing a liquid hydrogen (LH2) swappable storage solution for multiple types of vessels, is gaining ground. Launched in the summer of 2022, the sHYpS project gathers 13 partners in six countries with a

about 3 years ago
Biofuels
Transition

WFW: Biofuels trump LNG as most popular alternative for the next 5 years

In 2021, LNG was the most popular alternative fuel considered by shipowners for use in the (then) next five years; twice as many as those who said they were considering biofuels. That position has now virtually reversed, with biofuels at the same level of response as LNG in 2021 while LNG has fallen

about 3 years ago
HelioRec’s floating solar system (Courtesy of HelioRec)
Transition

French floating solar start-up attracts major new investors

French floating solar start-up HelioRec has closed the first tranche of its seed round, securing new investments from First Imagine! and Techstars.

about 3 years ago
Port of Los Angeles, California
Transition

Survey: 56 pct of shipowners are in ESG-linked tie-ups

The maritime industry has a better idea of the trade-offs necessary to achieve net zero, although most of the practical work still lies ahead, and regulatory and technology uncertainties remain, a recent survey conducted by the London-based law firm Watson Farley & Williams (WFW) shows. ‘The Sustain

about 3 years ago
Vopak strengthens ties with Gasunie, moves forward with LNG projects
Transition

Vopak strengthens ties with Gasunie, moves forward with LNG projects

Dutch tank storage company Vopak has provided updates on its LNG projects, including EemsEnergyTerminal, Gate terminal Rotterdam, and Hong Kong LNG terminal project. EemsEnergyTerminal Vopak’s first update is in regard to EemsEnergyTerminal, an LNG import terminal located in the Eemshaven in the Net

about 3 years ago
Viking CCS project; Source: Harbour Energy
Transition

BP and Harbour rolling up sleeves to bring UK’s ‘transformational’ carbon capture and storage project to life

BP has joined forces with Harbour Energy to develop a CCS project located close to the heavily industrialised Humber region.

about 3 years ago
Illustration/FLASC’ floating storage prototype tested in Malta in 2018 (Courtesy of FLASC BV)
Transition

Research into floating breakwaters as powerbanks for marine renewables starts in Malta

The University of Malta has teamed up with its offshore energy storage spin-off FLASC to assess the potential of integrating renewable energy and energy storage solutions with floating breakwaters.

about 3 years ago