AFC Energy hits another milestone in NH3 cracker technology development

AFC Energy, a UK-based provider of hydrogen power generation technologies, has achieved another milestone in the accelerated development of its modular, scalable ammonia cracker technology. The company informed that the technology achieved 99.99% hydrogen from single reactor testing, with the results being independently tested by the UK’s National Physical Laboratory (NPL). The testing confirmed that …

AFC Energy hits another milestone in NH3 cracker technology development Read More »

AFRY selected as engineering partner for Liquid Wind’s third electrofuel plant

Swedish electrofuel developer Liquid Wind is advancing the development of its third electrofuel facility for maritime sector, FlagshipTHREE, in Umeå, Sweden, with AFRY as an engineering partner. Dåva cogeneration plant, Umeå Energi.(Courtesy of Liquid Wind/Photo by Johan Gunséus) Liquid Wind has set a goal to supply the marine shipping industry with green electrofuel through large-scale …

AFRY selected as engineering partner for Liquid Wind’s third electrofuel plant Read More »

$745 million worth of contracts for three Transocean drillships

Offshore drilling contractor Transocean has added approximately $745 million in new contracts to its incremental backlog by securing work for three of its drillships. Dhirubhai Deepwater KG1 drillship; Source: Transocean In its quarterly fleet status report, Transocean said that the Dhirubhai Deepwater KG1 was awarded a 21-month contract in India at a rate of $347,500, …

$745 million worth of contracts for three Transocean drillships Read More »

Stolt-Nielsen: Top-notch figures and more positivity towards the future than previously

Stolt-Nielsen reported second-highest EBITDA figure in the company’s history on October 5th, although this was just as we expected. Strong results were overshadowed by the positive outlook, as previously the company had been a bit more cautious towards the future. With a clearer guidance promised with 4Q results, we increased our estimates somewhat and reiterate …

Stolt-Nielsen: Top-notch figures and more positivity towards the future than previously Read More »

Silverstream Technologies signs Agreement in Principle with China Classification Society

Maritime clean technology company Silverstream Technologies has signed an Agreement in Principle (AIP) with China Classification Society (CCS), a leading member of the International Association of Classification Societies (IACS), and the primary class society in China that serves the shipping, offshore and related industrial industries. This is Silverstream’s first agreement of this nature with a …

Silverstream Technologies signs Agreement in Principle with China Classification Society Read More »

OFAC Publishes Maritime Oil Industry Advisory and Makes Example of Shipping Companies and Vessels Who Violated G7’s Price Cap Policy

On October 12, 2023, the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) published a Maritime Oil Industry Advisory (“Advisory”)—together with the so-called Price Cap Coalition (“Coalition”), consisting of the G7 nations, Australia, and the European Union—in response to a growing “shadow” trade in Russian crude oil and petroleum products in violation of …

OFAC Publishes Maritime Oil Industry Advisory and Makes Example of Shipping Companies and Vessels Who Violated G7’s Price Cap Policy Read More »

Sembcorp inks MoU on Sakra power plant retrofitting with NH3-firing capabilities

Singapore’s Sembcorp Industries, Japan’s IHI Corporation and U.S. GE Vernova’s Gas Power business have signed a non-binding memorandum of understanding (MoU) to jointly explore the potential retrofitting of Sembcorp’s Sakra power plant in Singapore with ammonia-firing capabilities. Courtesy of IHI Corporation The project is expected to potentially assist Sembcorp in generating low-carbon energy from its …

Sembcorp inks MoU on Sakra power plant retrofitting with NH3-firing capabilities Read More »

Ocean Power Technologies gets $1.6 million USV order

Ocean Power Technologies (OPT) has received an order from Sulmara for multiple uncrewed surface vehicles (USVs), representing the largest single order of WAM-Vs to date. Source: Ocean Power Technologies The order is valued at $1.6 million. Due to demand, production is already underway and will allow for revenue recognition this fiscal year. According to OPT, the WAM-V 16 is …

Ocean Power Technologies gets $1.6 million USV order Read More »

Menzies AGUNSA Aviation amplía su presencia en Chile con JetSMART en 16 aeropuertos

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

Menzies AGUNSA Aviation amplía su presencia en Chile con JetSMART en 16 aeropuertos Read More »

Scroll to Top