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Transition

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HD KSOE
Transition

HD KSOE and Cochin Shipyard forge strategic shipbuilding partnership

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an arm of HD Hyundai, has joined forces with Cochin Shipyard Limited (CSL), the largest state-owned shipbuilder in India, to set up long-term cooperation in the vessel construction sector. As disclosed, the deal marks a ‘full-scal

about 1 year ago
Baker Hughes and Evida shake hands for CO2 transport in Denmark
Transition

Baker Hughes and Evida shake hands for CO2 transport in Denmark

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U.S.-headquartered energy technology giant Baker Hughes and Danish gas distribution operator Evida have established a partnership to collaborate on developing and enabling CO2 transport solutions across Denmark to back the country’s CO2 reduction goals. The strategic collaboration agreement, signed

about 1 year ago
MethaneSAT Data Rendering; Credit: MethaneSAT
Transition

Satellite down for the count but fight against methane in oil & gas realm will go on

MethaneSAT has lost contact with a satellite developed to shed light on methane emissions that other tools cannot detect, with a focus on oil and gas operators as the largest industrial source of the methane menace.

about 1 year ago
WSS to accelerate electrification as newest member of Maritime Battery Forum
Transition

WSS to accelerate electrification as newest member of Maritime Battery Forum

Norwegian maritime solutions provider Wilhelmsen Ships Service (WSS) has joined the Maritime Battery Forum (MBF), a global community of maritime battery enablers, to drive adoption of clean energy and accelerate electrification in the maritime sector.

about 1 year ago
An offshore rig illuminated by lights at sunset
Transition

Australia ups decarbonization ante: First offshore CCS undertaking gets major project status

As the global energy transition journey continues to make inroads, a carbon capture and storage (CCS) project in the G-7-AP greenhouse gas (GHG) assessment block off the northwestern coast of the Northern Territory of Australia has secured the Australian government’s backing with the award of a majo

about 1 year ago
India
Transition

India establishes dedicated maritime finance corporation to boost innovation

India’s Ministry of Ports, Shipping & Waterways (MoPSW) has officially inaugurated the Sagarmala Finance Corporation Limited (SMFCL), the country’s first non-banking financial company (NBFC) in the maritime sector. Initially envisaged to be named Sagarmala Development Company Limited, SMFCL is antic

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Transition

EU rolls out hydrogen mechanism to support market uptake

The European Commission has launched the Hydrogen Mechanism under the European Union (EU) Energy and Raw Materials Platform, aimed at supporting the market development of renewable and low-carbon hydrogen and its derivatives, including ammonia, methanol, and electro-based sustainable aviation fuel (

about 1 year ago
VARD via LinkedIn (Screenshot)
Transition

VARD launches hybrid cable lay & construction vessel for Japanese offshore wind (Video)

Norwegian ship designer and shipbuilder VARD has launched the hybrid power cable lay and construction vessel it is building for the Japanese company Toyo Construction at its shipyard in Romania. VARD held the keel laying ceremony in September 2024 for the vessel, while this March the aft part of NB

about 1 year ago
Nordic Baltic Hydrogen Corridor receives EU funding support
Transition

Nordic Baltic Hydrogen Corridor receives EU funding support

The project promoters of the Nordic Baltic Hydrogen Corridor (NBHC) have signed a grant agreement with the European Climate, Infrastructure, and Environment Executive Agency (CINEA) for the European Union (EU) financial support to the NBHC.

about 1 year ago
New consortium to explore floating nuclear power for Mediterranean energy needs
Transition

New consortium to explore floating nuclear power for Mediterranean energy needs

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have established a consortium to assess the feasibility of deploying floating nuclear power plants (FNPPs) in the Mediterranean Sea.

about 1 year ago
Cable laying about to resume at 725-kilometer link connecting UK and Germay for the first time
Transition

Cable laying about to resume at 725-kilometer link to connect UK and Germay for the first time

Italian cabling giant Prysmian Group will soon kick off the second phase of cabling works in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. The 725-kilometer land and subsea cable system is said to creat

about 1 year ago
Carbon Clean
Transition

Carbon Clean opens one of ‘the world’s biggest’ CCUS research hubs in India

London-based carbon capture company Carbon Clean has inaugurated what is hailed as one of the ‘world’s largest’ dedicated carbon capture research facilities in Navi Mumbai, India. As disclosed, the new Global Innovation Centre (GIC) spans 77,121 square feet, housing two carbon capture plants togethe

about 1 year ago
Second Island Offshore hybrid ocean energy construction vessel under construction at VARD
Transition

VARD cuts steel for second Island Offshore hybrid ocean energy construction vessel

Norwegian shipbuilder VARD has cut the first steel for the second hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore, some four months after the first steel was cut for the first vessel. Island Offshore placed an order with VARD for the

about 1 year ago
Port of Gothenburg
Transition

New 25-year agreement to help Port of Gothenburg become energy hub of the future

Sweden’s Port of Gothenburg has signed new agreements with Inter Terminals Sweden, a Scandinavian bulk liquid storage provider.

about 1 year ago