Damen Shipyards Group majority-owned Norwegian shipyard, Folla Maritime Service AS, has landed a contract with salmon farming company, Nova Sea, based in northern Norway, for delivery of a sixth hybrid workboat.

The FollaPower 50EL workboat will be…

Corvus Energy and HD Hyundai Mipo have been awarded Approval in Principle (AiP) by DNV for a product tanker design with a carbon-free propulsion system based on Corvus fuel cells. The setup combines hydrogen fuel cell technology with an ammonia…

Global investment in carbon capture and storage (CCS) is set to hit USD 80 billion by 2030, with capture capacity projected to quadruple this decade, DNV’s Energy Transition Outlook: CCS to 2050 predicts. Even so, just 1.3 gigatonnes of CO₂ will be…

Jotun has secured a four-year deal with BW LPG to apply its Hull Performance Solution (HPS) to 38 LPG carriers from 2025, expanding a programme already running on 17 ships. The contract, signed at Nor‑Shipping at the beginning of June, includes…

Global demand for propeller retrofits and other propulsion energy‑saving devices (ESDs) has jumped four‑fold since 2020, yet only 1.74 % of ships in service carry the most popular option, the rudder bulb, classification society Lloyd’s Register (LR)…

Wärtsilä is to fit its Fit4Power derating package to the 6,700 TEU ONE Maestro. The Q1 2025 order, for delivery this month, will downsize the main engine, add turbochargers, ICC and cloud monitoring, cutting fuel by 13% and CO₂ by 4,000 tonnes per…