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CODELCO and NYK Bulk Projects to Jointly Study Decarbonized Transportation of Copper Products

On November 24, Corporación Nacional del Cobre de Chile (CODELCO), one of the world’s leading copper producers and a Chilean state-owned company, and NYK Bulk & Project Carriers Ltd. (NBP), an NYK Group company, signed a memorandum of understanding (MoU) to jointly study the decarbonized transportation of copper products. The two companies will jointly promote …

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Collaboration is key to achieving a sustainable marine supply chain according to panellists at GenPro’s Blue Day 2022: Ocean Circular Economy discussion

Maritime and Commercial procurement company GenPro continues to demonstrate its commitment to sustainability with its Blue Day 2022: Ocean Circular Economy – Reducing the Environmental Footprint of the Marine Supply Chain panel discussion which took place on the 18th November 2022 in Limassol, Cyprus. The event, which was run as a hybrid discussion, welcomed an …

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In focus: Hydrocarbon industry stepping stone to a world powered by offshore renewables and clean fuels (OEEC 2022 Edition)

As the industry is preparing to meet in Amsterdam next week at the Offshore Energy Exhibition & Conference (OEEC) 2022, headlines over the past few weeks show the same as the exhibitors’ and speakers’ list for this year’s OEEC – just how much offshore oil & gas and LNG industries, and industries such as offshore …

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Equinor picks contractor for work on its gas project in Norwegian Sea

Norwegian state-owned energy giant Equinor has awarded a new contract to Aibel, a compatriot energy services company, for extensive modifications and preparation of the Aasta Hansteen platform for the tie-in of another gas field. Aibel estimates the deal for extensive modifications and preparation of the Aasta Hansteen platform for tie-in of the Irpa field – …

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EU-backed vessel electrification project welcomes new partner

American company Wabtec Corporation has joined the HYPOBATT (hyper powered vessel battery charging system) project, which is focused on developing a megawatt-charging standard and infrastructure for ferries in European ports. The transport sector is responsible for 23 percent of CO₂ emissions and still relies on oil for 92 percent of its energy needs. Credit: Wabtec …

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Developer of world’s 1st shipping tunnel raising $75 mln

Image credit Zergratran Zergratran SA, a transportation company that is building the world’s first tunnel to expedite shipping goods between the North Atlantic and the North Pacific, has announced its Reg A+ offering to raise $75 million in funding as its initial step to building the first Green Shipping Corridor. The Puerto Internacional Las Americas (PILA) aims to …

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ABB to equip 10 COSCO Shipping’s boxships with shaft generators

Image credit: ABB Marine and Ports Swiss-based technology developer ABB has secured a breakthrough contract with the shipyard COSCO Shipping Heavy Industry (Yangzhou) to equip ten China COSCO Shipping Corporation Limited’s container vessels with its permanent magnet shaft generator systems. Due for delivery by the end of 2025, the order comprises systems for six 14,000TEU …

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