Innovation platform, Plug and Play, together with founding partners Euronav, CMB, Port of Antwerp, City of Antwerp, and DXC Technology, has announced the launch of their first maritime program in Antwerp, Belgium. As explained, the purpose of the program is to connect international startups with the founding partners to pilot their technologies and drive the
Total declares force majeure on Mozambique LNG project
French major Total declared force Majeure on its Mozambique LNG project only months after resuming activities at the Afungi site. However, on Monday the company informed that due to the he evolution of the security situation in the north of the Cabo Delgado province in Mozambique it has withdrawn all
In focus: Energy and shipping sectors in symbiosis for net-zero
Offshore Energy continues with its new In focus weekly feature, spotlighting the latest energy transition developments, after our first edition went online on 16 April. Following last week’s news on the U.S. oil giant Chevron’s entrance into the offshore wind market and note that the company has not yet announced
LR approves Tsuneishi’s LNG-fueled Kamsarmax bulker
Maritime classification society and technical services provider Lloyd’s Register Group (LR) has awarded an Approval in Principle for Tsuneishi Shipbuilding’s Kamsarmax design. Courtesy of Lloyd’s Register The Kamsarmax bulk carrier is equipped with a fuel gas supply system (FGSS) and IMO Type-C LNG tank, meaning LNG fuel can be used
Video: Damen launches BC Ferries’ final hybrid-electric ship
Canadian ferry operator BC Ferries has marked Earth Day on 22 April with the launch of its sixth battery electric- hybrid Island-class ferry. This embedded content is only visible after accepting cookies. Change your preferences [embedded content] The vessel entered the water early Wednesday morning at Damen Shipyards Galati in
MCB bankrolls Senegal’s use of floating LNG power plants
The Mauritius Commercial Bank (MCB) is facilitating Senegal’s transition to LNG for its electricity production through its $60 million participation in Karpowership operations. Courtesy of Karpowership The project finance facility is enabling Turkey’s floating power plant company Karpowership to operate its 235-megawatt Powership alongside the shores of Dakar, through its
RINA scores Vopak LNG consultancy deal
Italian classification society RINA has been contracted by Vopak to provide engineering and consultancy services in support of the latter’s LNG growth strategy. Courtesy of RINA The three-year framework covers global onshore facilities, offshore floating technologies and marine structures, RINA said in its statement on Friday. The company will deliver
Equinor and partners to invest $384 million in Barents Sea project
Norway’s Equinor and its partners Petoro, Total, Neptune, and Wintershall Dea have decided to develop the Askeladd Vest project, which is located in the southern Barents Sea. The investment in the project is close to NOK 3.2 billion (about $384 million), Equinor said on Friday. Geir Tungesvik, Equinor’s senior vice
WoodMac: Asia reshaped LNG market within a year
During the year in which the effects of the Coronavirus pandemic were felt across the globe, creating a worst economic situation since the great depression, Asian LNG markets have shown great resilience. Illustration purposes only (Courtesy of SHI) Asian LNG demand increased by 6 Mt in 2020, led by China
HyNet North West granted £72m for net-zero push
UK’s hydrogen and CCS project HyNet North West has received £72m funding, marking a major step forward in UK’s drive to net-zero. Courtesy of HyNet The funding comprises £33 million from UK Research and Innovation (UKRI) through the Industrial Decarbonisation Challenge (IDC) fund, and £39 million of consortium partner contribution.