The companies awarded by MEA get the opportunity to work closely together with a transnational team of Marine Energy experts on both the technical advancement of their technology, as well as the development of their commercial strategy and business plans. Each service offer is intended to put the company’s technology
The European Commission has supported two major ocean energy projects – led by Floating Power Plant and Simply Blue Group’s Saoirse Wave Energy – which will take a share of €3.6 billion of investment provided for 41 large-scale clean tech projects through the EU Innovation Fund. Illustration/L to R: CorPower
Multiple European hydrogen projects have been selected by the European Commission (EC) to be financed through the EU Innovation Fund. Archive; Courtesy of GreenH2Atlantic Specifically, the EC awarded over €3.6 billion to 41 large-scale clean tech projects, many of them being hydrogen-related. According to EC, the funding will contribute to
Japanese shipping major NYK Line has placed an order for its sixth liquefied petroleum gas (LPG) dual-fuel very large LPG/liquefied ammonia gas carrier (VLGC) from compatriot Kawasaki Heavy Industries Ltd. (KHI). NYK This vessel is the eighth in NYK’s fleet of LPG-fueled LPG carriers and the sixth in a new
Bermuda-based bulk carrier company Himalaya Shipping has taken delivery of the fifth liquified natural gas (LNG) dual-fuel 210,000 dwt newcastlemax newbuild from New Times Shipbuilding (NTS). Mount Matterhorn (Screenshot). Source: Himalaya Shipping As disclosed, the delivery ceremony took place today (14 July) at the company’s yard in China. The vessel
Port of Sines, a major port in Portugal, and Companhia Siderúrgica Nacional (CSN), a leading steel producer in Brazil, have signed a Memorandum of Understanding (MoU) as part of the Global Gateway initiative of the European Commission. Image credit: port of Sines The agreement aims to establish the scope, rules,
South Korean shipping company Pan Ocean has christened its newest liquified natural gas (LNG) bunkering vessel which is set to be chartered to energy company Shell LNG. Shell As informed, the christening ceremony for the 18,000 cbm ship was held yesterday (13 July). The ship, which was named New Frontier
Nel Hydrogen Electrolyser, a subsidiary of Norway’s Nel ASA, has signed a contract for 20 MW of alkaline electrolyser equipment for about €9 million with Hyd’Occ for its project in Port-La-Nouvelle, France. Archive; Courtesy of Nel The 20 MW electrolyser will supply renewable hydrogen to local industry and transportation in
DB Schenker and Volvo Cars have embarked on a partnership for more sustainable ocean freight, shipping 12,000 standard containers (TEU) with automotive spare parts on vessels using biofuel. DB Schenker The program started in June and connects, among others, Volvo Cars’ Gothenburg production plant with the ports of Savannah, Newark,
Dynagas LNG Partners, an owner and operator of LNG carriers (LNGCs), has entered into time charter party agreements with Rio Grande LNG, a subsidiary of NextDecade Corporation, for two LNGCs, adding approximately $270 million to its existing revenue backlog. Archive; Courtesy of Dynagas The 2007-built LNG carrier Clean Energy has