Norwegian company Saga Pure ASA, formerly known as Saga Tankers, has entered into agreements to subscribe for NOK 15 million ($1.76 million) in a private placement in Bergen Carbon Solutions AS (BCS).
Japanese shipbuilder Sumitomo Heavy Industries Marine & Engineering has secured an Approval in Principle (AiP) from ClassNK for the design of a methanol dual-fueled tanker. The classification society confirmed that the design was in compliance with the IMO’s “Interim Guidelines for the Safety of Shi
The American Bureau of Shipping has issued an Approval in Principle to Australian Global Energy Ventures for their C-H2 Ship containment system. The hydrogen containment system, patent-pending, is the most critical component of the company’s C-H2 Ship. It is made up of two large (20 metre diameter)
Marine services provider James Fisher said Monday it has launched James Fisher Subtech, a new brand which sees consolidation of the group’s capabilities into a comprehensive solutions provider. The move will bring together James Fisher Marine Services and Subtech to support oil and gas majors, renew
Singapore-based NYK Bulkship (Asia), part of Japanese shipping group NYK, has signed a contract of affreightment (COA) with Neste Shipping Oy, a subsidiary of Finnish Neste Oyj (Neste), for the ocean transportation of renewable diesel.
Scottish tidal energy company Nova Innovation has created the first ever electric vehicle (EV) charge point in Shetland where drivers can ‘fill up’ directly from a tidal power source.
The UK government launched today a £20 million (about $27.7 million) competition to make innovative green maritime ideas a reality.
South Korea’s shipping company HMM has welcomed into the fleet HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships designed as LNG-ready. Ulsan shipyard of Hyundai Heavy Industries (HHI) is building the series, scheduled to be delivered from this March throughout the second quarter
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has decided to invest into Larvik Shipping, a Norwegian ship management company for liquified CO2 carriers. The investment marks MOL’s entrance into a completely new market of ocean transportation of liquefied CO2. The business sector plays a c
French container shipping major CMA CGM reduced the overall emissions of its fleet by 4% in 2020 compared to 2019, the company said in its annual report for 2020. Since 2008, the group has reduced its CO2 emissions by 49% (TEU-km), in line with its objective of reaching -50% emissions by 2030. This
Norway-based energy storage company Corvus Energy has chosen compatriot Kitron as the manufacturing partner for the company’s battery management control systems.
Classification society RINA has issued an Approval in Principle (AiP) Certificate to Marine Design and Research Institute of China (MARIC) for its 157,000dwt dual fuel crude oil tanker. The vessel features an innovative propulsion system featuring two four-stroke dual-fuel engines and an electric po
Siemens Energy has been awarded a topside EPC contract by MISC Berhad for eight complete topside modules for an FPSO bound for South America.
The Port of Rotterdam, Europe’s leading trading hub, is working on the development of a new hydrogen pipeline together with Gasunie to form the backbone of the future hydrogen infrastructure.
