10000 results found for 'Culzean'

10000 results found for 'Culzean'
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  • Carnegie dual-listed with entry into the US market

    1 February 2024
    Business & Finance, Business Developments & Projects

    Australian firm Carnegie Clean Energy has become dual-listed as it had completed U.S. listing on OTC Markets Group’s New York-based OTCQB platform. Under the stock ticker CWGYF, trading and information flow through the OTCQB platform is expected to allow Carnegie to engage with renewable energy-focused investors in the U.S. According to the company, trading on […]

  • UK awards €38.6 million to develop green technologies for ports and ships

    26 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Technology, Transition, Vessels

    The UK Government has allocated £33 million (€38.6 million) for new technologies to 33 projects across all twelve regions of the UK to deliver demonstrations, factory trials, and feasibility studies. The funding awarded through the Clean Maritime Demonstration Competition (CMDC) totals now £128 million, to support the maritime industry to deliver net zero emissions. Among […]

  • Galveston LNG Bunker Port project gains ground

    31 January 2024
    Business Developments & Projects, Infrastructure, Outlook & Strategy

    Galveston LNG Bunker Port (GLBP), a joint venture between U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG, has secured a lease agreement with the City of Texas City for 140 acres of land on Shoal Point in Galveston County. The site is adjacent to the Texas Ship Channel and in […]

  • Kobe-Osaka Port pioneers RTG crane conversion to hydrogen

    7 February 2024

    Japan’s Kobe-Osaka International Port Corporation is launching an initiative to showcase the operational prowess of hydrogen-fueled cargo handling machinery, marking a global first in converting a rubber-tired gantry (RTG) crane’s diesel engine generator to a hydrogen engine generator. The project is commissioned by the Kinki Regional Development Bureau of the Ministry of Land, Infrastructure, Transport, […]

  • ClassNK okays ammonia fuel tank design for GSC’s containerships

    6 February 2024
    Certification & Classification, Equipment

    Classification society ClassNK has awarded an approval in principle (AiP) for the design of a prismatic ammonia fuel tank (IMO Type B independent tank) for containerships developed by Planning and Design Center for Greener Ships (GSC).

  • Nebula Energy buys majority stake in AG&P LNG for $300 million

    31 January 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy

    Nebula Energy, a fully integrated investment management firm focused on LNG and CCS sectors, has acquired a majority stake in AG&P LNG, a subsidiary of AG&P Group and developer of LNG terminals and downstream infrastructure. On January 31, Nebula Energy announced it is investing $300 million in AG&P LNG platform to fast-track LNG terminal development […]

  • Switching to ammonia as marine fuel may create more problems than it solves

    5 February 2024
    Business Developments & Projects, Outlook & Strategy, Research & Development, Transition

    Switching to ammonia as a marine fuel, with the goal of decarbonization, can instead create entirely new problems, a new study found.

  • New zero-emission hydrogen-powered vessel to ship goods on Rhine

    8 February 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Vessels

    Dutch shipowner Future Proof Shipping (FPS), the EU-funded Flagships project and the Interreg-funded ZEM Ports NS project have launched H2 Barge 2, a hydrogen-powered vessel that, according to the parties, will ship goods completely emission-free on the Rhine between Rotterdam, the Netherlands, and Duisburg, Germany. The parties explained that the vessel, formerly Fenny 1 and […]

  • Southeast Asian duo signs ‘transformative’ solar energy deal

    2 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vision

    Singapore-headquartered New Energy Capital Asia and Thailand-based UMC Metals have signed a power purchase agreement (PPA) for a 1.6MWp solar project in Thailand featuring both floating and ground-mounted solar installations.  New Energy Capital Asia is a provider of corporate and industrial solar energy solutions, while UMC Metals is a player in the metals industry. The […]

  • Innovate UK grants $1.9 million for wave energy project in Thailand

    9 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Swedish-Israeli wave energy developer Eco Wave Power Global (EWP) has announced winning a £1.5 million grant (almost $1.9 million) as a part of a consortium led by UK-based Toshiba and Aquatera, to design a pilot microgrid project for a remote island in Thailand. The grant is a part of round ten of Innovative UK’s Energy […]

  • Masdar and CMA CGM forge green maritime fuels alliance

    30 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition

    Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts. Masdar revealed the agreement on January 30, stating that the partnership aims to source, supply, and deliver green alternative fuels for CMA CGM’s dual-fuel vessels in […]

  • Liner majors rally behind WSC’s GHG pricing mechanism

    16 February 2024
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping industry by 2050 and aims to develop climate regulations by 2025. […]

  • Lhyfe breaks ground for new 10MW hydrogen plant in Germany

    1 February 2024
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics

    French company Lhyfe has started construction work for its new hydrogen production plant in Brake on the site located on land in the harbor area of Niedersachsen Ports (NPorts), Germany’s largest public seaport operator. The groundbreaking ceremony for the production facility is taking place today, February 1. According to Lhyfe, this will be the first […]

  • US DOE allocates $6 million for development of tidal energy demo pilot site

    7 February 2024
    Business & Finance, Business Developments & Projects, Innovation, Project & Tenders, Research & Development, Technology

    The U.S. Department of Energy (DOE) has selected two marine energy projects to receive $6 million for the development of a tidal energy research, development, and demonstration pilot site. A team led by Orcas Power and Light Cooperative (OPALCO), based in Eastsound, Washington, and a team led by ORPC, based in Portland, Maine, will share […]

  • India rolls out program to support green hydrogen ship retrofits

    5 February 2024
    Authorities & Government, Regulation & Policy

    India’s government has released a new scheme that aims to support retrofitting existing vessels to run on green hydrogen.

  • Exclusive interview: Letting energy growth spring free with AI as key to sorting out challenges in oil & gas and renewables

    28 February 2024
    Automation, Business & Finance, Business Developments & Projects, Exploration & Production, Innovation, IT & Software, Research & Development, Technology, Transition

    What lies ahead for oil, gas, and renewable energy in the AI-oriented environment and how will these sources of supply be revolutionized?

  • ACUA Ocean joins forces with Genevos for next-gen hydrogen-powered USVs

    30 January 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Technology

    ACUA Ocean, a manufacturer of hydrogen-powered uncrewed surface vessels (USVs), and Genevos, a hydrogen fuel cell power systems integrator, have signed a memorandum of understanding (MoU) for a commercial collaboration to develop next-generation hydrogen-powered USVs (H-USV). The strategic collaboration will focus on the development of a fully integrated hydrogen marine fuel cell into a USV. […]

  • Hy24 commits to invest €13 million in Hexagon Purus

    16 January 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Technology

    Hy24, a clean hydrogen pure-play investment manager, will invest around €13 million into Norwegian hydrogen systems supplier Hexagon Purus. The investment is the first by Hy24’s new Clean Hydrogen Equipment Fund, focused on industrializing the supply chain to scale the clean hydrogen economy. The fund builds on the momentum of Hy24’s Clean Infrastructure Fund, which […]

  • First stage of Brazil’s biggest floating solar plant inaugurated

    22 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The first stage of what is said to be the largest floating solar plant in Brazil has been inaugurated in the State of São Paulo. The UFF Araucária project is located at the Billings dam and is being developed by Empresa Metropolitana de Águas e Energia (EMAE) and KWP Energia. The first stage, coordinated by […]

  • Substation construction for Morlais tidal energy project wraps up

    1 February 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Vision

    The construction of the £24 million substation for the Morlais tidal stream energy project has been completed and the substation has been delivered to site owner Menter Môn Morlais. Civil engineering firm Jones Bros has handed over the substation to Menter Môn Morlais in a move said to signal the successful delivery of the first […]

  • CMA CGM inks methanol retrofit deal with CSSC

    31 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    French container shipping heavyweight CMA CGM and China State Shipbuilding Corporation’s Qingdao Beihai Shipbuilding Co. have sealed a contract for a containership methanol dual-fuel conversion project at Beihai Shipbuilding. The deal is expected to cover 9,360 TEU vessels built around a decade ago, with the commencement of the contract set for the beginning of 2025. […]

  • Navig8 takes delivery of first eco-friendly MR IMO 2 tanker from NTS

    29 January 2024
    Vessels

    Singaporean shipper Navig8 has taken delivery of the first of six eco-friendly newbuild MR IMO 2 vessels from New Times Shipbuilding (NTS).

  • Ireland: Testing reveals potential for next-gen marine turbine

    25 January 2024
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vision

    The University of Galway has completed testing of a next-generation marine hydrokinetic turbine foil for renewable energy, said to have shown potential for a next-generation marine turbine. The testing program is part of the €3.9 million European Commission’s Horizon 2020-funded CRIMSON project and involved 1.3 million fatigue cycles on the turbine foil – the highest […]

  • Japanese majors to explore ammonia supply base in Fukushima

    30 January 2024
    Research & Development, Storage

    Japanese companies Japan Petroleum Exploration Co.., Mitsubishi Gas Chemical Co., IHI Corporation, Mitsui & Co., and Mitsui O.S.K. Lines (MOL) have started a joint study for the establishment of the ammonia supply base in Soma area, Fukushima Prefecture.

  • Yara Marine Technologies has a new owner

    2 February 2024
    Business & Finance, Business Developments & Projects

    Norway-based technology company Yara Marine Technologies (YMT) has been acquired by Switzerland-based Okapi Supply Trading Advisory SA (formerly Sarl) to expand its maritime solutions portfolio.