Japanese giants Marubeni Corporation, Sumitomo Corporation, and Sumitomo Electric Industries have committed to investing a total of GBP 14.2 billion (approximately €16.3 billion) in offshore wind and green hydrogen projects, and the offshore wind supply chain in the UK. Ahead of the UK Prime Minister’s business reception in Tokyo on 18
European Marine Energy Centre (EMEC) has won funding, totalling over £500,000 (around $623,000), for four feasibility projects supporting green hydrogen innovation and development. More specifically, the funding is expected to be used to conduct feasibility studies supporting the development of novel hydrogen production, storage and distribution solutions. To note, EMEC
Singapore-based energy solutions provider Sembcorp Industries (Sembcorp) has revealed plans to develop a new multi-utilities centre which will include a 600 MW hydrogen-ready power plant on Jurong Island. Sembcorp Industries According to Sembcorp, the new multi-utilities centre will supply power, steam, firewater and demineralised water to customers. The construction is
HaiSea Wamis, the world’s first fully electric harbour tugboat, has left Sanmar Shipyards, Turkey, and is now on its way to Seaspan in Vancouver, Canada. Courtesy of Seaspan and Sanmar Shipyards Shipping company Seaspan announced the news on its social media, informing that the tugboat left Sanmar late last week.
Authorization of the Alaska LNG project was lawful and reasonable, a U.S. appeals court ruled, dismissing environmental groups’ petition to review federal approvals. Alaska LNG liquefaction facility. Courtesy of AGDC Alaska Gasline Development Corporation (AGDC) sought authorization to build and operate the $39 billion project that would produce up to
The world’s largest container shipping company Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (Mou) with Lloyd’s Register (LR), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES) for a design for the ammonia dual-fuel operation of an MSC container ship. Image credit: LR
The North Sea Transition Authority (NSTA) has offered 12 companies awards for 20 carbon storage licenses in the UK’s first-ever CO2 storage licensing round. Source: NSTA The NSTA launched the UK’s first-ever carbon storage licensing round in June 2022, with applications closing in September. The 20 licenses in total are
Marine fuel supplier Peninsula has confirmed the renewal of its syndicated European credit facility, reporting an increase from $350 million to $450 million. Courtesy of Peninsula The supplier said that, together with the group’s Asian syndicated facility and other bilateral lines, the increase in the European credit facility provides it
Southern hydrogen corridor or SoutH2 Corridor, a hydrogen-ready pipeline corridor connecting North Africa to central Europe, has received support from Italian, Austrian and German ministries of energy for its development in the European Union and for the respective infrastructure projects to obtain the status of Project of Common Interest (PCI).
Svitzer, a towage provider and part of A.P. Moller-Maersk, has awarded a contract to Uzmar Shipyard to build two new TRAnsverse tugs for its Australian business. Illustration; Courtesy of Svitzer According to Svitzer, the TRAnsverse tugs, created in collaboration with Robert Allan Ltd., deliver an estimated 10-15% reduction in fuel