InterContinental Energy, the developer of the Australian Renewable Energy Hub (AREH) megaproject, has announced a new combined wind and solar plant in Oman. With the backing of Kuwaiti and Omani state-owned energy companies, InterContinental plans to build a 25 gigawatt renewable power-to-hydrogen plant that will leverage the intense sun and regular winds of central Oman to manufacture valuable, transportable H2 and ammonia. The announcement has potential implications for shipping, as it significantly increases the confirmed supply volume for one of the industry's most-anticipated future fuels.
French oil firm Total has awarded a commissioning services contract for its Tyra Redevelopment Project in the Danish North Sea to a consortium comprised of Actemium Oil & Gas Commissioning and Semco Maritime.
Recent changes to regulations in Russian law now make it possible for forwarders and road hauliers to access full liability cover, similar to that enjoyed by those in the global supply chain. However, most insurance products on the market don’t offer comprehensive protection. Executives from Panditrans, TT Club’s Network Partner in Russia, have outlined the improved regulatory situation but emphasized the inferiority of the cover available in the market. Valuable risk management advice on temperature controlled and tank container cargoes was also presented at the recent TransRussia trade show in Moscow.
Classification society ABS continues its series of alternative fuels guidance with the publication of its latest whitepaper examining the potential of biofuels in shipping.
Seaplace receives LR Approval in Principle for its floating offshore wind platform ballast control system.
Lloyd’s Register (LR) has granted Seaplace Approval in Principle for its active ballast control system, designed specifically for the company’s floating offshore wind platforms concept, CROWN, a novel technology that includes both buoy and reduced-draft spar operational concepts, expected to reduce CAPEX costs of the floating wind generation.
Offshore industries boat provider Gulf Marine Services reported losses of $124.3m this morning, despite its revenue sinking by just six per cent last year.
Elcome International and Broadcast Solutions recently completed a live proof-of-concept (POC) demonstration of a maritime mesh network for coastal operations.