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MTI’s maritime autonomy framework gets stamp of approval

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ABS and Monohakobi Technology Institute (MTI), an R&D arm of NYK, have completed their collaboration on the development of fully autonomous vessels, with approval in principle (AiP) awarded for the maritime autonomy framework. The post MTI’s maritime autonomy framework gets stamp of approval appeared first on Offshore Energy.

CIP secures funding for its green hydrogen project in Western Australia

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Denmark’s Copenhagen Infrastructure Partners (CIP), through its CI Energy Transition Fund I (ETF I), has secured A$814 million (approximately $515.5 million) for its Murchison Green Hydrogen project in Western Australia from the Australian Government’s Hydrogen Headstart program. The post CIP secures funding for its green hydrogen project in Western Australia appeared first on Offshore Energy.

DNV and HD KSOE set sights on CO2 capture technology for SOFC

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South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiary HD Hydrogen have signed a joint industry project (JIP) agreement with classification society DNV to work on CO2 capture technology for solid oxide fuel cells (SOFC). The post DNV and HD KSOE set sights on CO2 capture technology for SOFC appeared first on Offshore Energy.

WSC: EU needs ‘true’ measure to lower renewable fuels price and spearhead maritime decarbonization

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Both renewable-capable vessels and renewable fuels could be available to meet EU 2030 targets but the price gap between fossil and renewable fuels is the major barrier to making decarbonization a reality, new research published by the World Shipping Council (WSC) found. The post WSC: EU needs ‘true’ measure to lower renewable fuels price and spearhead maritime decarbonization appeared first on Offshore Energy.