In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition? Premium content Checking for account. You need javascript to validate your login status. Premium Premium …

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Everfuel and Greenstat enter lease agreement with Elkem for Hydrogen Hub Agder

Via a project company Everfuel Greenstat Production 1 AS, Danish hydrogen fuel company Everfuel and Norwegian energy company Greenstat have signed an agreement with Norwegian producer Elkem for the long-term lease of land in the Fiskaa industrial area in Kristiansand, Norway, for the construction of a hydrogen facility. Courtesy of Greenstat Courtesy of Greenstat The …

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Hapag-Lloyd CEO says he is optimistic about shipping development in India

German container liner Hapag-Lloyd sees great opportunity in India where containerisation levels are still low, chief executive Rolf Habben Jansen told reporters on Thursday. Having accompanied German Chancellor Olaf Scholz on a recent visit, he came away with optimism, Habben Jansen said at an earnings press conference. “We are certainly committed to that market…it is …

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MOL Unveils Marine Debris Collection Ship and Demonstrates Coastal Debris Collection Device on the coast of Bali, Indonesia

Mitsui O.S.K. Lines, Ltd. announced that on March 1, on the coast of Bali, Indonesia, it unveiled a marine debris collection ship and conducted demonstration of a coastal debris collection device, which it purchased through PT MOL Blue Ocean Indonesia (President Director: Hiraku Sato; Head Office: Jakarta, Indonesia), a wholly owned subsidiary of the MOL …

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The Ukrainian Danube Shipping Company has started a project to build its own fleet of barges

The Ukrainian Danube Shipping Company will build its own fleet of barges – preparations for creating a non-self-propelled vessel from the structures of donor vessels are already underway at the Kilia Shipbuilding and Ship Repair Plant. Dmytro Moskalenko, the head of the UDP, announced this. “The first two lighter (a type of barge) that act …

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AAL’s First Super B-Class Newbuild Enters Construction With Steel Cutting Ceremony In China

Construction has begun on AAL Shipping’s (AAL) first ‘Super B-Class’ heavy lift multipurpose vessel (MPV), the ‘AAL Limassol’, marked with a traditional steel cutting ceremony yesterday (Wednesday 1st March) at the CSSC Huangpu Wenchong Shipyard, Guangzhou, China. The AAL Limassol is the first in a fleet of six 32,000 deadweight tonnes (dwt) Super B-Class vessels …

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Subsea link to Orkney steps closer to reality

UK energy market regulator Ofgem has provisionally approved SSEN Transmission’s plans to develop a subsea electricity transmission link to Orkney. SSEN Transmission SSEN Transmission submitted investment plans to Ofgem in March 2018 to build a new subsea transmission link to provide the additional capacity needed to meet the demand of Orkney renewable developers.  In September 2019, Ofgem …

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Subsea7, Siem Offshore, and Kongsberg take aim at floating offshore wind

Subsea7, Siem Offshore, and Kongsberg Maritime have signed a Memorandum of Understanding to jointly look at optimisation of marine operations for floating wind projects. Subsea7 The main objective of the study is to identify gaps in capabilities of existing marine operation methodologies and equipment, to enable robust and efficient execution of large-scale floating wind developments …

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