CEM adopts new initiative for scaling low-carbon fuel production

The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy Ministerial (CEM). Courtesy of ICS The CEM adopted the new initiative to scale low-carbon …

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Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects

Just shortly after announcing NKT as the preferred bidder for the power cable systems, SSEN Transmission revealed it had selected Hitachi Energy to deliver the HVDC converter system for two HVDC transmission links offshore Scotland. HVDC converter station at Blackhillock, Scotland, one of the two stations in the Caithness Moray Link. Source: Hitachi Energy Hitachi …

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German Bundesrat adopts revised LNG Acceleration Act

German legislative body Bundesrat has approved the revised act to accelerate the use of liquefied natural gas (LNG Acceleration Act) to include forward-looking rules on energy supply and specify practical provisions on the sustainable, climate-neutral retrofitting of LNG terminals. Archive; Courtesy of Deutsche ReGas The previous version of the act had already contained a provision …

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HMM Privatization: Bidding kicks off for South Korea’s flagship carrier

The bidding process for the privatization of South Korea’s flagship carrier HMM was officially launched on Thursday in South Korea. LNG-Ready HMM Nuri; Image credit HMM The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB), and Korean Ocean Business Corporation (KOBC), opened …

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Japan takes its autonomous shipping to the next level

Japan’s maritime industry is taking significant strides towards the full-scale commercialization of fully autonomous ships, thanks to the MEGURI2040 Fully Autonomous Ship Project. This collaborative effort, administered by the Nippon Foundation and involving 51 companies under the Designing the Future of Fully Autonomous Ships Plus consortium (DFFAS+), aims to revolutionize the coastal shipping industry and …

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One Diamond Offshore drillship done with its job while another continues work off Africa

Offshore drilling contractor Diamond Offshore Drilling has confirmed that one of its drillships wrapped up its drilling assignment last week at Senegal’s first offshore oil development. As the drilling campaign is not over, another drillship will take care of the rest of the drilling work on this project. Ocean BlackHawk drillship; Source: Diamond Offshore The …

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NNPC and UTM Offshore ink deal on Nigeria’s first indigenous floating LNG project

Nigerian National Petroleum Corporation (NNPC) and UTM Offshore have signed a Heads of Terms (HoT) agreement for the construction of the nation’s first indigenous floating LNG project. Screenshot. Courtesy of NNPC The agreement, described as a major step towards bolstering Nigeria’s energy security and promoting the utilization of its abundant gas resources, was signed on 20 …

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UAE partners with DNV to set up maritime decarbonization centre

United Arab Emirates (UAE) has teamed up with Det Norske Veritas (DNV) on the establishment of a new UAE Decarbonization Centre. Image credit DNV H.E Suhail Al Mazrouei, Minister of Energy and Infrastructure, and Knut Ørbeck-Nilssen, CEO DNV Maritime signed a Memorandum of Understanding (MOU) on establishing the facility at the IMO headquarters in London. …

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