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Samsung Heavy Industries, Seaborg Partner to Develop Floating Nuclear Power Plant
As the world increasingly searches for a means to reduced carbon footprint, compact floating nuclear power plants are emerging as a serios contender. To this end, Samsung Heavy Industries (SHI) and Seaborg signed a partnership agreement to develop floating nuclear power plants based on Seaborg's Compact Molten Salt Reactor (CMSR).
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Yesterday’s or Tomorrow’s Offshore Energy: Which to Pick?
Looking back, it is easy to wonder if one could have done better by taking the other fork in the road. I grew up in Holland in a maritime family and am pretty sure I would have stuck with maritime there. In 1968, when I was 8 years old, my father left Holland America Line and joined the United States Salvage Association.
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Geothermal Energy: Particle Gel could Solve Low Heat Production Efficiency
Geothermal energy comes from heated water or steam within the earth and provides a renewable source of energy to heat buildings and generate electricity. But many geothermal reservoirs also have an inherent problem – geological fractures that allow water to divert into other areas…
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Carbon Capture & Storage: A New Lease of Life for Submarine Pipelines?
Since 2019, hydrogen and carbon capture and storage (CCS) have risen up the political agenda, globally, offering a route to decarbonization, as well as (more recently), increased energy security. Many are eying use of existing pipeline to make both happen. Elaine Maslin takes a look.Hydrogen…
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Energy @ Sea: Powering Up in the Blue Desert
Last year marked the beginning of the United Nations Decade of Ocean Science for Sustainable Development, lasting from 2021 until 2030. With 10 years comes 10 challenges—goals for regional, national and global participants to work towards for positive, collective impact on our oceans.
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ClassNK Inks MOU with PowerX on Power ARK Project
ClassNK signed a Memorandum of Understanding (MOU) with PowerX, Inc. (PowerX) for a collaboration on the development of the…
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Carbon Dioxide Removal (CDR) ... To Clear the Air, Look Beneath the Waves
Participants at the 26th United Nations Climate Change Conference (better known as COP26) late last year in Glasgow reiterated…
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ADNOC, AG&P Agree FSU Lease for Philippines First LNG Terminal Launch in July
The logistics arm of state oil firm Abu Dhabi National Oil Company (ADNOC) will supply a floating storage unit to LNG logistics…
Latest news
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Future Fuels: Neste, Nordic Marine Oil team to debut "Co-processed marine fuel"
Neste and Nordic Marine Oil have partnered to pilot a new Neste Marine 0.1 Co-processed marine fuel in Scandinavia – a solution…
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Louis Dreyfus Armateurs to install, trial trio of eSAILs for Propulsion Assist
Louis Dreyfus Armateurs said it will equip one of its vessels with three bound4blue’s suction sails in 2023.“We pay particular…
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Tech File: Deal struck to install Carbon Capture Solution on Tanker Pair
Singapore's Eastern Pacific Shipping (EPS) signed a definitive agreement with Rotterdam-based Value Maritime (VM) to install…
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Future Fuels: The Pros and Cons of Methanol
To say there is uncertainty regarding 'future fuels' in the maritime sector is a big understatement. With numerous options evolving…
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Mitsubishi Shipbuilding, NYK Line score ClassNK AIP for Large LCO2 Carrier
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line)…
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Pick your Poison: NOAA Study Finds Less Air Pollution brings more Hurricanes
A new study from NOAA finds that reducing air pollution in North America & Europe brings more hurricanes; increased pollution…
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Green Marine: Electrification is the Power behind ‘Future-Proofing’
There's an “electrification of the seas” happening for navies around the world.Whether it's to achieve greater military capabilities…
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Renewable Energy: First Floating Tidal Power Delivered to Nova Scotia Grid
Sustainable Marine said it has successfully harnessed the tidal currents in Canada’s Bay of Fundy, delivering the first floating…
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Bardex Mooring Tensioning System Installed in GOM
BP’s latest floating production facility, ARGOS, has been successfully moored in the US Gulf of Mexico. The mooring tensioning…
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Wärtsilä Launches Large Bore, Medium Speed 46TS-DF Marine Engine
Wärtsilä launched the 46TS-DF medium-speed marine engine.The first order for this engine type was placed by Chantiers de…
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Carnival, Wärtsilä Cooperate on Fleet Decarb Program
Wärtsilä will deliver its new Decarbonization Modelling Service to Carnival Corporation as the cruise group aims to reduce…
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NYK, Sanyo Kaiji Start Japan's First Ship-to-Ship Biofuel Supply Trial for Tugboats
Nippon Yusen Kabushiki Kaisha (NYK) and its affiliate Sanyo Kaiji Kabushiki Kaisha (Sanyo Kaiji) have started a continuous…
Offshore Oil & Gas
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Prysmian to Open Submarine Cable Plant in the US
Prysmian Group said it is moving ahead with its project for a new submarine power cable plant in the U.S., announcing the…
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Wave Energy Developer Plots Strong Growth Plan in '22, IPO in '23
South Korean wave energy developer INGINE revealed ambitious growth plans for 2022,its10th anniversary.Today the company…
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VIDEO: "Things are about to change in a big way" for U.S. Offshore Wind
In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S.
Shale Oil & Gas
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Shell Exits Permian with $9.5B Sale to ConocoPhillips. Its U.S. Output Now Mostly Offshore
Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S.
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Oil Drillers, Bitcoin Miners Bond over Natural Gas
On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to…
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BP Profit Triples to $2.6B in Q1 on Strong Oil, Gas Trading
BP's profit more than tripled to $2.6 billion in the first quarter thanks to stronger oil prices and bumper revenue from natural gas trading, paving t
LNG
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ConocoPhillips Beefs Up Stake in Australia Pacific LNG
ConocoPhillips has completed the acquisition of an additional 10% stake in Australia Pacific LNG (APLNG) from Origin Energy for $1.645 billion.
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Europe Remains Top Destination for US LNG
Europe last month remained the top destination for shipments of U.S. liquefied natural gas (LNG), according to Refinitiv data…
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Tech File: SHI Develops onboard Carbon Capture System
SHI reports that it has successfully developed an 'Onboard Carbon Capture' system which can be applicable to LNG fueled vessels with PANASIA…
Renewables
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The Path to Zero: Amasus Shipping inks deal to power M/V EEMS Traveller with Wind
The M/V EEMS Traveller, owned and operated by the Dutch shipowner Amasus Shipping, will start harnessing the power of wind.
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From the Science Lab: Clean Energy Projects that Could Impact Maritime
As part of a $175M grant for 68 novel clean energy technology projects from the U.S. Department of Energy, these four offer…
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Green Energy: RNG Project takes shape in NY, first in the U.S.
Waga Energy is joining forces with Steuben County (New York, USA) on a Renewable Natural Gas (RNG) project at the county’s Bath landfill.
Technology
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Alphabet Winds Down Makani
Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani…
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CMA CGM Joins Energy Observer in Hydrogen Project
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of…
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Toshiba Delivers Fuel Cell System to Ship
The provider of energy industry solutions Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced that the…
Legislation
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Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders
President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and…
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Biden Administration Suspends Federal Oil and Gas Permitting
The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it…
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Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry
U.S. President Joe Biden on Wednesday announced America's return to the international Paris Agreement to fight climate change…
