The Offshore Energy Exhibition & Conference 2023 (OEEC 2023) was a great opportunity to get to know innovators and their innovative solutions from the offshore energy realm. Start-ups and firms FLASC, Flying Fish, Heerema Engineering Solutions, Next Ocean, Tree Composites, NIM, V-Lab, and Breman Innovation pitched their innovative technologies to professionals, companies
Greek shipowner Diana Shipping is doubling down on its commitment to methanol as part of its fleet renewal investments. Illustration; Image credit: Tsuneishi Shipbuilding The company revealed on Wednesday that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel Kamsarmax dry bulk vessels, worth $46 million each.
Italian shipbuilder Fincantieri has delivered Sun Princess, the first of two liquefied natural gas (LNG) cruise ships for Princess Cruises. Fincantieri As disclosed, the cruise ship was delivered at Monfalcone shipyard on February 14. The vessel will remain at the Monfalcone yard for additional technical works, according to Fincantieri. Sun
Technology group Wärtsilä and more than 200 Finnish companies, industrial organizations, research institutes, and universities have formed a consortium to develop autonomous zero-emission balancing solutions for power generation. Courtesy of Wärtsilä Corporation Wärtsilä will lead this five-year collaboration known as the “Wide & Intelligent Sustainable Energy” (WISE) project which intends
U.S. energy major New Fortress Energy (NFE) has completed the sale of its 20% equity interest in Energos Infrastructure to funds managed by alternative asset manager Apollo Funds. Energos Grand. Archive; Courtesy of Energos Infrastructure NFE said the company intends to use net proceeds from this transaction for general corporate
The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its color, according to Wood Mackenzie’s (WoodMac’s) Horizons report ‘Over the rainbow: Why understanding full value-chain carbon intensity is trumping the color of hydrogen.’ Blue
UK’s engineering and consulting company Wood has been chosen by Japan’s energy major Inpex Corporation to work on several of its decarbonization projects across the globe. In Japan, Wood said the company will deliver concept design services for a carbon dioxide (CO2) transportation network, noting that the pre-FEED (front-end engineering
French containership major CMA CGM has welcomed into the fleet CMA CGM Mermaid, the first ship in a series of ten new 2,000 TEU container ships powered by liquefied natural gas (LNG). CMA CGM Mermaid; Courtesy of: CMA CGM The fleet has been designed in cooperation with French shipbuilder Chantiers
Norwegian shipping company Siem Offshore is collaborating with Finnish technology group Wärtsilä on vessel decarbonization solutions as part of its efforts to reduce the carbon footprint of its 26-vessel fleet and goal of reaching full carbon neutrality by 2050. Source: Wärtsilä According to Siem, the aim is to achieve a
American Bureau of Shipping (ABS) has inaugurated a training center in Doha, Qatar, dedicated to using the latest techniques to educate marines in modern LNG vessel operations. ABS The ABS Global LNG Academy, which is supported by state-owned energy giant QatarEnergy, is a coordinated effort with industry partners to make
OX2 and the Swedish Meteorological and Hydrological Institute (SMHI) have teamed up to examine how by-product from the hydrogen production at OX2’s two offshore energy parks can oxygenate the Baltic Sea. Courtesy of OX2 SMHI, together with OX2, has been approved research grant from the Swedish Environmental Protection Agency and
Hamburg-based energy company Mabanaft has received grant approval from the German Projektträger Jülich for the potential construction of a new green methanol plant in Port Augusta, South Australia. Mabanaft In cooperation with Australian renewable energy company Vast, Mabanaft intends to build a solar methanol plant with a capacity of approximately