Sustainable Energy News

Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly at the time of writing. Moreover, we register an interesting dynamic on the shipowner side, where everyone is trying to position themselves for the impeding market boom.Please note that vessel definitions and abbreviations in this part of our industry can vary…

My brother and I had a discussion about methanol where we concluded that methanol is a promising sustainable liquid fuel for transportation devices when batteries cannot do the job. While Methanol is initially not carbon zero, as long as we focus on developing zero carbon electrical energy, eventually we can produce zero carbon green methanol. Once there is plentiful green methanol, existing methanol vehicles will automatically become zero carbon transportation.The core argument…

The industry consortium behind the Ocean Charger project, led by Vard, has completed the demonstration of the charging solution in a port as well the connection solution offshore, proving the technology designed to supply clean power to offshore wind vessels is ready for the market.By connecting vessels to the power grid in the wind farm and charging batteries regularly, the Ocean Charger solution is securing availability of emission-free vessel operations.The Ocean Charger has proved through the tests that it can power operations at the field without using any additional energy sources…

Kristian Siem, founder and longtime leader of Siem Offshore, is stepping down as chairman of the Norwegian offshore support vessel (OSV) firm after reaching a deal to acquire nine vessels in exchange for his 35% stake in the company.The company announced it has reached an "amicable agreement" to sell Siem Barracuda, Siem Stingray, Siem Opal, Siem Pearl, Siem Topaz, Siem Pilot, Siem Pride, Siem Symphony and Siem Thiima to Kristian Siem's Siem Sustainable Energy S.a r.l and related companies in exchange for 35% of the company’s shares.The other major shareholder is Christen Sveaas' Kistefos…

Somerset, N.J. based Mack Boring & Parts Co. has promoted Christopher Ponnwitz to the role of Chief Commercial Officer of Mack Sustainable Energy, a new division for the company.“I am very happy to announce that Chris has moved into this new role, where he will be leading our efforts to further expand and grow the electric marine market, particularly with the ePropulsion product line,” said Patrick McGovern, President and CEO of Mack Boring. “Chris has been an exemplary leader for our company, and he’s a fast learner who has been working relentlessly to promote electric propulsion.

ClassNK has issued a type approval certificate for the lithium-ion storage battery system ORCA Energy, developed by Corvus Energy.Following an application from Corvus Energy, ClassNK carried out an examination of ORCA Energy based on the rule and the ‘Guidance for the Approval and Type Approval of Materials and Equipment for Marine Use’.The guidance applies to tests and inspections of materials and equipment for marine use for which advance approval or type approval by ClassNK is required by the relevant requirements in its rules.Upon confirming it complies with the prescribed requirements…

Ammonia-to-power solutions provider Amogy announced it has signed a memorandum of understanding (MOU) with Japan-based global trading and import/export company ITOCHU Corporation to explore the potential application of Amogy’s technology on ITOCHU’s maritime vessels.Amogy has developed a modularized system that transforms liquid ammonia into electrical power. This innovative technology involves “cracking” liquid ammonia into its base elements of hydrogen and nitrogen. The hydrogen is then funneled into a fuel cell for efficient generation of electricity onboard a vessel.

Compliance, performance, profitability, sustainability; take the biggest ‘pain points’ for almost any shipping company and watch NAVTOR’s digital ecosystem work wonders. Here Tor Svanes, Founder and CEO, explains how NAVTOR has grown to lead the smart shipping world, why the recent merger with Voyager Worldwide was so critical, and how he hopes to help steer the industry towards brighter, simpler, and more intelligent horizons.“The morning of the announcement I got a text from the boss of one of our biggest competitors…

One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe.The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish an offshore wind energy sector.Euroports, with its distinguished reputation as a premier offshore wind port operator…

MaREI, the SFI Research Centre for Energy, Climate and Marine, and renewable energy consultants Gavin & Doherty Geosolutions (GDG) have announced the inception of the 'ShipFuel' research project.The initiative is set to position Ireland at the helm of maritime sustainability by developing a clear path to support the transformation of the shipping sector's reliance on traditional fuels to low-carbon alternatives.The research is funded by the Sustainable Energy Authority of Ireland.

The Maritime Technologies Forum (MTF) has released an updated Framework for Assessing Decarbonization Technologies and Alternative Energy Carriers and a comprehensive assessment on the maturity and readiness of alternative fuel options, expanding the number of evaluated fuels covered since the previous heatmap report issued in November 2022.The assessment applied MTF’s recently updated framework to an expanded set of eight fuels, including fossil LNG, fossil MGO combined with carbon capture and storage (CCS)…

Fincantieri joined the Industrial Liaison Program (ILP) of the Massachusetts Institute of Technology (MIT), a collaboration that is part of the route towards the implementation of the 2023-2027 Industrial Plan.MIT's Industrial Liaison Program is a program based on the membership of large organizations interested in long-term strategic relationships with the Massachusetts Institute of Technology.The agreement will become part of Fincantieri's commitment to innovate and be at the forefront in the development of new technologies on strategic issues…

SolarDuck, Green Arrow Capital and New Developments have agreed to collaborate on the development of a floating photovoltaic (PV) farm integrated with a floating offshore wind farm.The Corigliano offshore hybrid wind-solar farm will be located in the gulf of Taranto off the coast of Corigliano-Rossano in Calabria. The farm is planned to feature 28 floating wind turbines for a wind capacity of 420MW in addition to a 120MW PV farm for a combined 540MW of capacity. The PV farm alone…

Developer of maritime battery systems EST-Floattech has received an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy.Energy Transition Fund Rotterdam is investing 3 million euros, the fund's first investment in maritime battery systems. The existing shareholders are jointly investing 1 million euros.The announcement was made by Chantal Zeegers, the Alderman for Climate, Building, and Housing in Rotterdam.

NYK Line has ordered a crew transfer vessel (CTV) for offshore wind industry from Kosaba Shipbuilding Corporation, the first such order the company placed to a local Japanese shipyard.Following delivery in late 2025 or 2026, the vessel will be used to transport technicians to construct and maintain offshore wind power generation facilities offshore Japan.The vessels will be 28 meters long, and capable of accommodating 12 passengers.By expanding its fleet of CTVs, NYK aims to play an active role in promoting sustainable energy.

Maersk’s offshore vessel-charging venture Stillstrom has launched a collaborative study with EnBW and BP, the developers of the Morgan and Mona offshore wind farms, to assess the viability of integrating offshore charging solutions for service and crew transfer vessels for the two projects.The study will evaluate the operational, technical, and economic viability of integrating offshore charging solutions for Service Operation Vessels (SOVs) and Crew Transfer Vessels (CTVs) into…

MAN Cryo announced its design for an ammonia fuel-supply system to safely provide ammonia to marine-engine applications has been awarded an Approval in Principle from classification societies, DNV and Bureau Veritas.MAN Cryo, part of MAN Energy Solutions, developed the system in cooperation with Chinese company Yada Green Energy Solutions, with whom the company has previously cooperated to provide equipment for LNG and methanol marine fuels.Xiang Guangqing, Chairman, Yada Green Energy Solutions…

GE Vernova's Power Conversion business in the UK has been chosen by Team Resolute to supply advanced hybrid propulsion technology for three Fleet Solid Support (FSS) ships for the UK Ministry of Defense (MOD).Team Resolute is a consortium created by Spanish shipbuilder and defense company Navantia, shipbuilder Harland & Wolff and naval architects BMT to deliver the FSS program, for which Navantia UK, the UK subsidiary of Navantia, is prime contractor.The 216-meter-long ships for the Royal Fleet Auxiliary (RFA) will be designed with an emphasis on minimizing carbon emissions.

A project, GASS, led by Navtor, with six other Norwegian research, innovation and industry partners, has been awarded 44 million Norwegian kroner to develop new commercial AI-enhanced technology and services to optimize the energy usage of vessels and ships.Navtor, Grieg Star, Maritime CleanTech, Scandinavian Reach Technologies, Simula Research Laboratory, SinOceanic Shipping and Sustainable Energy are partnering on the project which will enable vessel owners and operators to…

The physicist Max Planck (actually born as Marx Planck) is best known for the development of his universal constant that defines physics at the most basic level. It is an important number, and today it even defines the kilogram and therefore most engineering units. Regardless, in my daily life I have little use for it.Max Planks is less known for his Principle, which, to me, is much more useful and I encounter it almost on a daily basis. Max Planck provided this Principle in his Scientific Autobiography (and Other Papers…

India aims to be a global hub for green shipbuilding by 2030, and in support of that goal Garden Reach Shipbuilders and Engineers (GRSE) has signed a memorandum of understanding (MoU) with SeaTech Solutions International, Shift Energy and ABS for the nation’s first electric tug.GRSE India will build the tug based on the design developed by Singapore-based SeaTech Solutions International and says the E-VOLT 50 could help India’s tugboat industry to curb carbon emissions and enhance operational efficiency.Cmde PR Hari…

As the world looks to renewable energy sources to combat climate change and reduce reliance on fossil fuels, offshore wind has emerged as a promising frontier in the United States. A report by the University of California Berkeley released in August concluded that due to the nation’s long coastlines with sustained winds in many areas and falling turbine costs, offshore wind could feasibly supply between 10% and 25% of the country’s energy demand by 2050.While that may paint a rosy picture of a cleaner…

Crowley has named offshore wind veteran Christy Guthman as vice president of business development for its Wind Services business as the company grows in the clean, sustainable energy sector.Guthman most recently served as executive general manager of sales and commercial operations for GE Offshore Wind. During her tenure there, she built the company’s North American sales, marketing and supply chain strategy. Guthman also worked as General Electric’s senior sales director for the western U.S.