UK-based marine and offshore solutions provider SRC Group’s retrofit methanol storage technology has received […] The post Retrofit methanol storage solution from SRC Group wins RINA’s nod of approval appeared first on Offshore Energy.

Tugboat Sakigake, also known as the world’s first commercial-use ammonia-fueled vessel, has wrapped up its demonstration voyage, reaching a greenhouse gas (GHG) emission reduction of up to approximately 95%, the vessel’s operator NYK Line has reported. The post ‘World’s first’ commercial-use ammonia-fueled tugboat achieves 95% emission reduction appeared first on Offshore Energy.

Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final […] The post With phase 1 fully booked, Northern Lights partners take €662M FID for project expansion appeared first on Offshore Energy.

Japanese classification society ClassNK has issued an approval in principle (AiP) for a rigid windsail type wind-assisted propulsion system (WAPS) developed by French designer and manufacturer OceanWings. The post OceanWings gets ClassNK AiP for its wind propulsion tech appeared first on Offshore Energy.

Australia’s energy giant Woodside Energy has signed an agreement with Anglo-French oil and gas player Perenco to divest its assets in Trinidad and Tobago. The post Perenco to acquire Woodside’s Trinidadian assets for $206 million appeared first on Offshore Energy.

Marine fuels supplier Monjasa has completed the first ISCC-certified biofuel supply operation in Panama, marking the establishment of a scalable 2nd generation marine biofuels supply chain. The post Monjasa conducts Panama’s ‘first-ever’ biofuel bunkering operation appeared first on Offshore Energy.

With a focus on fostering greener supply chains, PSA International, DNV Singapore and Pacific International Lines (PIL) have signed a memorandum of understanding (MoU) to collaborate on carbon emission measurement, reporting and verification (MRV) and jointly develop sustainable solutions to advance decarbonization in the maritime and logistics sectors. The post New digital collaboration eyes end-to-end green supply chains appeared first on Offshore Energy.

U.S. energy infrastructure player New Fortress Energy (NFE) has entered into a definitive agreement for the sale of its assets and operations in Jamaica to compatriot liquefied natural gas (LNG) player Excelerate Energy. The post US LNG major buying compatriot’s Jamaican assets for $1.05B in pursuit of downstream growth appeared first on Offshore Energy.

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has signed two letters of intent (LoIs) to deploy an e-supply boat on trial with shipping agencies and develop a marine charging infrastructure. The post With new deals in place, CSA gearing up for electric supply boat trials appeared first on Offshore Energy.

The upcoming International Maritime Organization’s (IMO) climate talks are set to decide the fate of the maritime sector’s decarbonization, which is a prerequisite for decarbonizing the global economy as a whole. The post Success or downfall on the horizon: Maritime decarbonization is standing at the crossroads appeared first on Offshore Energy.