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UK backs green shipping corridor projects with fresh funding

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The UK Government has decided to award funds for new green shipping corridor projects that could boost the use of sustainable fuels, secure more green jobs, and advance environmentally friendly travel within Europe. The post UK backs green shipping corridor projects with fresh funding appeared first on Offshore Energy.

Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo

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Al Seer Marine, a subsidiary of International Holding Company, has secured $80 million in financing from BOCOM Financial Leasing, a subsidiary of the Bank of Communications, one of China’s largest commercial banks, for its newly delivered MR tankers Betelgeuse and Bellatrix. The post Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo appeared first on Offshore Energy.

Egyptian LNG coming to freshly opened Greek FSRU terminal

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Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in Greece. The post Egyptian LNG coming to freshly opened Greek FSRU terminal appeared first on Offshore Energy.

EMEC unlocks access to UK research funding

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The Orkney-based European Marine Energy Centre (EMEC) has secured independent research organization (IRO) status […] The post EMEC unlocks access to UK research funding appeared first on Offshore Energy.

Steel cut for Fjord1’s first zero-emission, autonomous ferry

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Construction has started in Türkiye on the first of four battery-powered autonomous double-ended ferries ordered by Norwegian ferry operator Fjord1. The post Steel cut for Fjord1’s first zero-emission, autonomous ferry appeared first on Offshore Energy.