MARITIME TO BENEFIT FROM EUR 2 BILLION FUND TO DECARBONIZE
The European Parliament formally approved on Tuesday the new EU Emissions Trading System (ETS) law, earmarking around EUR 2 billion of the revenues of the Innovation Fund for the maritime sector.
European Community Shipowners Association...
HAVFRAM ORDERS SECOND LARGE WTIV TO MEET GROWING INSTALLATION DEMANDS
Norway’s Havfram Wind has ordered a second state-of-the-art Wind Turbine Installation Vessel (WTIV) as part of its contract for up to a total of four vessels to be built by China’s CIMC Raffles. The...
SITE INVESTIGATIONS START FOR 2 GW OFFSHORE WIND PROJECT IN SCOTLAND
Fugro is set to deploy its Seawatch floating LiDAR, surface metocean equipment buoys and seabed landers at the offshore site in Scotland where ScottishPower Renewables plans to build its 2 GW MachairWind offshore wind...
VIKING ACQUIRES HYDROPEN™ CONTAINER FIREFIGHTING SYSTEM
The acquisition fully integrates container fire-fighting innovation into VIKING’s one-stop portfolio of maritime safety solutions.
VIKING Life-Saving Equipment has acquired HydroPen, the company behind the unique HydroPenTM container firefighting solution supplied to hundreds of ships.
HydroPens...
GSI DELIVERS LNG-READY MOBY FANTASY
LNG-ready luxury ro-ro passenger ship Moby Fantasy embarked on a maiden voyage following its delivery from China State Shipbuilding Corporation’s Guangzhou Shipbuilding International.
The 2,500-passenger and 3,800-meter lane vessel was built for MOBY Line Shipping...
FIRE BREAKS OUT AT OFFSHORE OIL PLATFORM, LEAVING FOUR INJURED
UK-headquartered oil and gas exploration and production company Trinity Exploration & Production plc has confirmed that a fire broke out on one of its platforms at an oil field offshore Trinidad. As a result,...
TANKER AND CREW FOUND SAFE AFTER PIRATES STEAL CARGO IN GULF OF GUINEA
The missing Singapore-registered tanker that was boarded at the beginning of the week has finally been located with authorities in Singapore and South Korea reporting the crewmembers are safe. A search had been ongoing...
GLOBAL WAVE AND TIDAL ENERGY MARKET POISED TO REACH $10 BLN BY 2031, REPORT...
Global wave and tidal energy market was valued at $477.81 million in 2022 and is projected to generate a revenue of around $10 billion by 2031 at a compound annual growth rate (CAGR) of...
PROJECT SEEKS TO EXTRACT HYDROGEN FROM AMMONIA ON FLOATING TERMINAL
A project that seeks to develop a system to convert ammonia to hydrogen that could be installed onboard a floating terminal is receiving €5.9 million ($6.5 million) in funding from the Norwegian government. The...
CHEVRON SHIPPING AND ANGELICOUSSIS STUDY AMMONIA CARRIER
Chevron Shipping, a subsidiary of the energy giant, and its long-time partner in shipping Greece’s Angelicoussis Group will conduct and joint study looking at the development and potential for ammonia transport. They join a...