The US Department of Energy (DOE) has released a $45 million funding opportunity to advance a comprehensive approach to tidal and current energy development in the United States.
South Korea’s shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) is set to undergo a significant transformation under the Hanwha Group. The company will soon be rebranded as Hanwha Ocean, marking a new era for the organization. In an extraordinary board meeting held on May 8, it was
Africa is lagging behind in its digital uptake, which is putting at risk its ambition to become a gas-powered economy by 2030.
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has signed a contract with Singaporean shipping company Eastern Pacific Shipping (EPS) for the construction of four Very Large Ammonia Carriers (VLAC) with a capacity of 93,000 cubic meters. The Chinese shipbuilder s
The Blue Cluster in Belgium, an organization established to promote the development of innovative economic activities at sea, has appointed Piet Opstaele as its new chief executive officer.
The NPS Green Lake floating solar project, with a total capacity of 60MW, has been connected to the grid in Thailand.
NKT has secured a final order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, with an order value exceeding €600 million.
New York-based tanker company International Seaways has taken delivery of the second dual-fuel LNG very large crude carrier from the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). The 300,000 dwt vessel, named Seaways Enterprise, was delivered in April 2023, a month after
The consortium partners behind the Project Greensand have developed a new monitoring technology that has successfully monitored that the stored CO2 in the North Sea subsoil is at the right location.
As the maritime industry transitions to a low and zero-carbon future, African maritime players are being advised to implement new training infrastructure for seafarers to adapt to the ongoing continent’s green transition.
Worley has been awarded a contract to provide detailed engineering design services for Petronas’ huge CCS project offshore Sarawak, Malaysia.
Overseas Shipholding Group (OSG), a major American shipping company, has launched efforts to explore the potential of carbon capture and storage as part of its GHG emission reduction strategy. To that end, OSG has established a new subsidiary, Aptamus LLC in Delaware, which will focus on investing i
There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in
Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down
