Decarbonisation - News

INEOS, the global pioneering petrochemicals company, has selected ITT’s Svanehøj to supply CO2 pumps for the onshore facility and the first LCO2 carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS), reinforcing its track record as a trusted specialist in critical equipment for liquefied gas. Cargo pumps for the new vessel INEOS has selected Svanehø...

Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide. This funding will accelerate Next Ocean’s growth, enabling the company to scale production, expand into new markets, and further develop its predictive radar technology. Efficient offshore operations Over the past years, Next Ocean has successfully delivered numerous Vessel Motion Radar systems to pioneering companies in...

Pioneering marine conservation charity, GreenSeas Trust, is proud to announce, three bilingual BinsForGreenSeas have been installed on Pearl Island in Qatar to reduce litter and stop plastics from entering the sea. Located off the coast of Doha, Pearl Island is a popular tourist destination boasting sophistication and luxury. The GreenSeas Trust bins have been positioned at key waterfront locations in the island’s marina, an area popular with tourists and the yachting community. Mar...

Nor-Shipping is promising the global maritime and ocean industries 'a bigger, bolder, better' exhibition and activity programme than ever before in Norway next year, with expansion and new initiatives to serve and support ambitious business developments. These include more exhibition space, greater international involvement, fresh networking opportunities, and a conference programme expanded to encompass Seabed Minerals, LNG and finance (Ocean Invest). Relevance and leadership The event week,...

Avikus, HD Hyundai's autonomous navigation technology developer, announced that it has joined forces with cartography innovator Savvy Navvy to add powerful functionality to its recently released NEUBOAT Dock II. Designed for yachts over 40-feet such as sportfishing vessels, power catamarans, centre consoles and sailing vessels, NEUBOAT Dock II gives boaters a bird’s eye view for easy docking, single or multiple camera views, object detection and a docking assist path. As part of the partn...

The push towards decarbonisation is slowing down rather than speeding up. With ambitious global goals looming ever larger on the horizon, what can we do to re-invigorate collective efforts? And profit from that push?  Ahead of next year’s Nor-Shipping, Knut Ørbeck-Nilssen, CEO Maritime DNV, says efficiency, timing and people are critical to 'getting this show on the road'. Given the subject matter today, Knut Ørbeck-Nilssen seems remarkably optimistic. “I’m...

Strategic Marine, a pioneering provider of specialised aluminium vessels, is proud to announce the signing of a new contract with Odyssey Group to build a state-of-the-art multi-purpose survey vessel. Incorporating the proven success of new technologies for operational use in Australia. Under the terms of the agreement, Strategic Marine will construct the advanced survey vessel tailored to meet Odyssey Group’s specific operational needs. Recovery of survey equipment The vessel will also...

Watson Farley & Williams (WFW) and Hogan Lovells jointly advised on three separate greenship financing transactions with an aggregate value of US$1.5bn+. All three transactions, one of which was secured by Chinese ECA Sinosure, were carried out by the Green Loan Principles of the Loan Market Association. WFW advised arrangers, financing banks, and green loan arrangers, with Hogan Lovells acting for Hapag-Lloyd. Capacity expansions In October 2024, Hapag-Lloyd signed two orders for a total...

Fincantieri is pleased to announce that the Letter of Intent signed with Norwegian Cruise Line Holdings Ltd. (NCLH) on April 8, 2024, has been successfully converted into a firm order for the construction of four new cruise ships for the Norwegian Cruise Line (NCL) brand. This significant agreement, subject to financing and other customary conditions, represents a contract valued at over €2 billion. Comfort, technology, and sustainability With a gross tonnage of approximately 226,000 ton...

ABS has stated the maturity of Aikido’s innovative floating wind platform design, the latest stage in new technology qualification. As part of the process, ABS witnessed a successful upending demonstration of the Aikido One unit, a 1:4-scale floating wind platform. The design can accelerate deployment and reduce costs for the rapidly growing offshore wind industry. Collapsed transportation configuration The test exhibited the platform’s ability to quickly deploy from its collapsed...

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with the Indonesian Maritime Security Agency (BAKAMLA) for the construction of an offshore patrol vessel (OPV). The vessel will be built at MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, with completion and delivery scheduled for March 2028. Ability of maritime rescues This project is based on a grant agreement concluded in March 2024 between the Government...

The World Shipping Council welcomes the balance between sustainability and competitiveness struck in the European Commission’s Competitiveness Compass released that will form the basis for the EU’s Clean Industrial Deal.  WSC, however, called on the Commission to recognise that liner shipping is investing in Europe and urged the Commission to support the sector on its path to decarbonise supply chains, fostering open trade and protecting critical sea lanes...

Kongsberg Maritime is proud to announce its selection as the lead integrator for a significant green upgrade of the Norwegian Coastal Administration's (NCA) hybrid vessel, OV Bøkfjord. The project will include the installation of Kongsberg Maritime's electric Rim-Drive azimuth thrusters, together with an upgrade of hybrid capacity. Pilotage and navigation technology The NCA is a national agency under the Ministry of Trade, Industry, and Fisheries, responsible for coastal mana...

Global law firm Norton Rose Fulbright, working in conjunction with pioneering Spanish law firm Uría Menéndez, has advised Bibby Marine on a financing package with HSBC UK to support the development of its previously announced zero-emission electric Commissioning Service Operation Vessel for servicing offshore wind farms. The multi-million euro financing made available by HSBC UK is backed by Cesce, the Spanish Export Credit Agency. HSBC acted as sole ECA coordinator, mandated lead...

A new design for an ammonia floating production storage and offloading (FPSO) unit that features onboard carbon capture technology for blue ammonia production has received approval in principle (AIP) from ABS. The design comes from MODEC, Inc. (MODEC), in collaboration with Toyo Engineering Corporation (TOYO). ABS completed design reviews based on class and statutory requirements. Emissions of offshore operations It is produced by combining hydrogen, which is derived as a byproduct of carbon...

Technology group Wärtsilä has signed a ten-year Lifecycle Agreement with Spanish ferry operator Baleària. The agreement covers Baleària’s new high-speed aluminium structure catamaran Ro-Pax ferry, the Margarita Salas, which recently entered service.  Margarita Salas The ship was built at the Astilleros Armon Gijon yard in Spain. It operates with four Wärtsilä 31DF dual-fuel engines, four Wärtsilä WXJ hydraulic waterjets, and fea...

The Royal Thai Navy aims to purchase two frigates, with a budget for the fiscal year 2026, which will likely receive parliamentary approval. On January 18, at the National Memorial, Admiral Jirapol Wongwit, Commander-in-Chief of the Royal Thai Navy, provided an update on the progress of procuring two frigates. He stated that the process is currently in the budgeting phase, which exceeds 1 billion baht and requires Cabinet approval before being forwarded to Parliament for consideration. Safegua...

Pioneering bunker trading firm, Glander International Bunkering, has introduced a tool to help users calculate key data for compliance with FuelEU Maritime, which came into effect on January 1, 2025. FuelEU Maritime aims to reduce carbon emissions in the shipping sector by incentivising the use of alternative fuels and imposing penalties for non-compliance. FuelEU Maritime guidelines With the new Compliance Calculator, Glander International Bunkering helps users understand potential penalties...

ClassNK has granted its Innovation Endorsement for Products & Solutions to ‘D-VESSELKEEPER: EEM and PHM' developed by WinKong Marine Engineering Co., Ltd. ClassNK-registered vessels equipped with the product can be given the 'DSS' notations (EE+Sn, MM), which indicate ships with advanced digital technology. Innovative functions In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement for Products & Solutions. ...

SEAONICS has signed a record-breaking contract covering the delivery of five Electric Controlled Motion Compensated ECMC Gangways and five ECMC 3D Cranes for an international customer to a series of walk-to-work offshore newbuilds under construction at global shipbuilder VARD's yard in Vietnam. The advanced equipment will enable the vessels to provide comprehensive maintenance, supply and operational services to offshore oil-and-gas installations.  Benefits of the DC grid and battery solu...

Penta-Ocean Construction, a prominent Japanese general contractor, has commissioned Ulstein Design & Solutions B.V. to design its new heavy lift vessel for offshore wind foundation installation. The customised ULSTEIN HX118 design will feature a 5,000-ton Huisman main crane and the ULSTEIN U-STERN™, which enables installation of increasingly larger monopile foundations. Ulstein's successful track Following feasibility and concept studies in 2023, Penta-Ocean Construction selected Ul...

ABS is investing in the expansion of its services to build on its position and ensure it is well-placed to meet the growing needs of the marine and offshore industries. That was the message for maritime pioneers from across the region at the annual ABS Southeast Asia Regional Committee meeting. “Our safety-driven mission continues to serve us well, and we are building on this strong foundation by investing in widening and deepening the scope of our class services,” said Christo...

Swiss marine power company - WinGD has seen key parameters in line with expectations during early testing of its new X-DF-A ammonia-fuelled engine design. A 52-bore single-cylinder version of the X-DF-A engine is running at the company’s Engine Research and Innovation Centre (ERIC) in Winterthur, with final validation to be completed in time for the first engine deliveries in June 2025. Ammonia combustion system Single-cylinder testing will allow rapid validation of the ammonia combusti...

Teledyne Marine is pleased to announce the integration of ClearSignal™, the world’s renowned biofouling protection coating, into its SeaBat and BlueView sonar equipment. This enhancement is a welcome addition for customers who want durable, low-maintenance marine instrumentation. Why ClearSignal™? ClearSignal™ is a nonstick, inert, and nontoxic coating specially developed to combat the biofouling of marine instruments. The coating reduces the amount of biofouling...

In a landmark deal, Ulstein Design & Solutions AS has secured its largest aftermarket design contract to date for the cable-laying vessel Orient Adventurer. The contract, awarded by Dong Fang Offshore (DFO), involves both basic design and engineering provided by several of the companies in Ulstein. Planning and installation "We have worked with Ulstein before and find the people very professional. Ulstein knows the vessel well, and it's an insurance to know that everything will work when...

Indian Register of Shipping (IRS) commemorated its Golden Jubilee with a grand celebration in Mumbai, reflecting on its remarkable journey of 50 years of innovation, service, and leadership in the global maritime sector. Shri Sarbananda Sonowal, Honourable Union Cabinet Minister for Ports Shipping & Waterways, graced the occasion as a Chief Guest along with Guest of Honour Shri Shyam Jagannathan, Director General of Shipping, Capt B K Tyagi, CMD, The Shipping Corporation of India, Shri...

MAN Energy Solutions will deliver a 50 MWel methanation reactor for the Ren-Gas Tampere e-methane plant. The equipment delivery will consist of a catalytic methanation reactor designed and manufactured at MAN Energy Solutions Deggendorf, Germany.   Ren-Gas, the pioneering green hydrogen and e-methane project developer in Finland, has announced the selection of MAN Energy Solution as one of the key technology providers for the Tampere Power-to-Gas project. MAN’s advanced techn...

Vestdavit has achieved a new sales record for the third successive year as its order intake hit an all-time high of Nkr380m in 2024, fuelled by increased davit orders from its core naval market, as well as the offshore energy sector. New sales record "It has been another fantastic year," says Vestdavit’s Sales and Business Development Director - Tarjei Isaksen. Tarjei Isaksen adds, "The significant orders boost was achieved despite a transition in our Sales & Marketing department th...

Heerema aimed to enhance the capabilities of the SSCV Thialf by equipping it with the MCGF for monopile installation. Positioned on the port side, the MCGF ensures the monopile remains upright and within the required tolerances during installation from the moving vessel.  Following the successful upgrade of the Aegir, Heerema contracted Ulstein to assist with this conversion as well. Integration tasks and successful cooperation The MCGF is connected to the vessel's...

Ulstein Verft is pleased to welcome BS Offshore back at the shipyard. This will be their first ULSTEIN SX222 CSOV.  SX222 design The hull arrival marks a significant milestone in constructing this state-of-the-art vessel, designed to support the growing offshore wind industry. The SX222 design, known for its superior operational performance and seakeeping abilities, will ensure the vessel meets the highest efficiency and safety standards. Reliability, operability, and sustainabilit...