Norwegian carbon tech company and driving force behind the Polaris carbon capture and storage project Horisont Energi has signed several letters of intent with major European companies, continuing its steady progress towards commercial carbon storage off the coast of Norway. Horisont Energi said on Wednesday that carbon storage facilities on
South Korean shipping heavyweight HMM has signed newbuilding contracts with compatriot builders Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) for twelve 13,000 TEU container vessels, worth $ 1.57 billion. Illustration/HMM Nuri; Image credit: HMM Under the agreement, DSME and HHI will build six vessels, respectively, scheduled for
Denmark-based bunker supplier Monjasa has partnered up with RAK Ports, to support the increasing demand for fuel supply in the Middle East. As disclosed, the deal will enable a full suite of marine fuel services to be offered, both in-port and right across RAK Ports’ anchorage area. RAK Ports’ network comprises
Maritime classification society American Bureau of Shipping (ABS) has granted a design approval for SpaceTech4Sea, a project to adapt technology developed for space use to maritime LNG fuel tanks. illustration only; Courtesy of ABS ABS, OceanFinance and Cimarron Composites are joining forces on the SpaceTech4Sea project to adapt composite technologies
Danish container shipping and logistics major A.P. Moller – Maersk has signed a fully carbon-neutral transport agreement on ocean services with compatriot fashion company Bestseller. As informed, the open-ended agreement on lifestyle logistics covers all of Bestseller’s global transportation requirements and includes inland logistics and CFS handling (warehousing). “I am
Chinese shipbuilding major Hudong-Zhonghua held the naming ceremony for floating storage and a regasification unit (FSRU) built for Greek shipping company Dynagas. Courtesy of Hudong-Zhonghua Shipbuilding 174,000-cubic metres FSRU Transgas Power was built at the Hudong-Zhonghua shipyard in Shanghai for Greek operator Dynagas. The vessel is 294 metres long and
A bulk carrier operated by Japanese shipping major NYK recently conducted a trial use of biofuel made from waste cooking oil collected and refined in Singapore. The trial ship-to-ship (STS) bunkering for the bulker Frontier Jacaranda was performed at the Port of Singapore on 11 June 2021, in cooperation with
Russian LNG producer Sakhalin Energy will replace the existing loading arms at the country’s first LNG plant. Courtesy of Sakhalin Energy Two new liquefied natural gas (LNG) loading arms for Sakhalin Energy are on their way, manufactured by the Japanese company TB Global Technologies. The arms are being shipped on
Saga Pure, a Norwegian green investment company that recently switched its focus from shipping to renewables, has decided to acquire a stake in compatriot hydrogen solutions provider Hyon AS. As informed, the stake will be acquired from PowerCell Sweden AB, one of three owners in Hyon AS joint venture. The partners have decided not