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Seatrium partners with Solvang, Norway to establish Carbon Capture and Storage systems
Seatrium partners with Solvang, Norway to establish Carbon Capture and Storage systems

Business Times

time19-06-2025

  • Automotive
  • Business Times

Seatrium partners with Solvang, Norway to establish Carbon Capture and Storage systems

[SINGAPORE] Seatrium announced on Thursday (Jun 19) that it had signed of a letter of intent (LOI) with Solvang, Norway for the installation and retrofitting of full-scale Carbon Capture and Storage (CCS) systems. The project is expected to commence in late 2026, where Solvang's new series of very large gas carriers, configured specifically for CCS systems, is set to be the first potential candidate for a full-scale CCS retrofit and integration. It also further supports Solvang in their fleet decarbonisation, following the successful delivery of Clipper Eris in February – the world's first full-scale turnkey retrofit of a seven Megawatt CCS system. The Clipper Eris project saw Seatrium provided turnkey engineering, procurement, and construction solutions for the CCS package. The LOI was formalised during international trade fair Nor-Shipping 2025 in Oslo, Norway in June, as the companies continue to strive towards sustainable maritime solutions. The landmark project is also a highlight of the decade-long partnership between Seatrium and Solvang. Alvin Gan, executive vice-president of repairs and upgrades, Seatrium, said: 'Building on the success of the pioneer project together on Clipper Eris... This step will deepen our resolve as strategic partners in supporting maritime decarbonisation efforts.'

Yinson, MPA collaborate on Maritime Digital Twin for sustainable ports
Yinson, MPA collaborate on Maritime Digital Twin for sustainable ports

Yahoo

time09-06-2025

  • Business
  • Yahoo

Yinson, MPA collaborate on Maritime Digital Twin for sustainable ports

Yinson GreenTech has entered into a memorandum of understanding with the Maritime and Port Authority of Singapore (MPA) to advance the development of the Maritime Digital Twin (MDT) platform that leverages real-time operational data to model Singapore's port environment. The MoU was signed during Nor-Shipping 2025. Under the MoU, Yinson GreenTech and MPA will collaborate by sharing data and operational insights from Yinson GreenTech's fleet of electric harbour craft with the MDT. This cooperation aims to improve modelling accuracy and enable scenario testing to support smarter fleet deployment and optimise port operations. The partnership will also involve co-developing digital workflows and solutions to facilitate the expansion of electric harbour craft operations. The collaboration aligns with Yinson GreenTech's focus on providing clean transport solutions across the maritime sector. By integrating its vessels, charging infrastructure, and proprietary digital platforms, the company seeks to enable real-time, data-driven operations that contribute to Singapore's green port objectives. Yinson GreenTech marine managing director Jan Viggo Johansen said: 'We are delighted to be collaborating once more with MPA to advance the decarbonisation of Singapore's maritime sector. 'At Yinson GreenTech, we support the shift towards cleaner port operations by integrating electric vessels, charging systems, and digital platforms that enable more efficient and sustainable outcomes. 'Together with MPA, we are driving greater efficiencies, further optimising port operations and introducing groundbreaking innovation through data that supports the transformation of Singapore's harbour craft industry.' In November 2023, Yinson announced the launch of the Hydromover, Singapore's first electric cargo vessel, developed in collaboration with the Goal Zero Consortium and SeaTech Solutions. This 18.5m vessel is engineered to transport up to 25t of cargo. Yinson stated that the Hydromover features swappable battery technology, which can decrease operational costs by as much as 50%. "Yinson, MPA collaborate on Maritime Digital Twin for sustainable ports" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

HD Hyundai Heavy Industries, Korean Register to jointly develop VLEC
HD Hyundai Heavy Industries, Korean Register to jointly develop VLEC

Yahoo

time04-06-2025

  • Business
  • Yahoo

HD Hyundai Heavy Industries, Korean Register to jointly develop VLEC

HD Hyundai Heavy Industries and Korean Register (KR) have signed a memorandum of understanding (MoU) to jointly develop a very large ethane carrier (VLEC). The MoU was signed at Nor-Shipping 2025, which is being held at Oslo from 2 to 6 June. Ethane carriers are designed to transport liquefied ethane at ultra-low temperatures of approximately -100°C. These ships feature advanced engineering facilities and specialised design due to the nature of their cargo. The partnership will see the development of a VLEC with a cargo capacity exceeding 100,000m³. The VLEC will be designed to optimise cargo volume while adhering to the main specifications of conventional vessel designs. Hyundai Heavy Industries CTO and executive vice president RYU Hong-Ryul said: 'Through the development of this next-generation vessel capable of transporting more cargo under the same conditions, we will once again demonstrate HHI's technological leadership in the global ethane transportation market. 'Ultimately, we aim to deliver a sustainable solution that enhances both profitability and environmental performance for our customers.' The new VLEC will not only be capable of transporting ethane but also other cargoes such as LPG and propylene. This versatility is expected to enhance the 'operational flexibility' and 'market responsiveness' for shipowners. Under the terms of the joint project, HD Hyundai Heavy Industries will spearhead the vessel's basic and hull design. KR will be responsible for reviewing the safety and regulatory compliance of the design in line with its latest structural rules for gas carriers and international standards, with the goal of granting an approval in principle. Korean Register chairman & CEO LEE Hyungchul said: 'This joint effort marks a meaningful starting point in the development of next-generation ethane carriers. KR remains committed to supporting the industry and driving innovation in future ship technologies.' In March, Korean Register gave approval in principle certification to maritime decarbonisation technology provider VINSSEN for what is claimed to be South Korea's 'first' tugboat equipped with a hydrogen fuel cell propulsion system. "HD Hyundai Heavy Industries, Korean Register to jointly develop VLEC" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Norwegian official hails Chinese innovation, calls for deeper maritime ties
Norwegian official hails Chinese innovation, calls for deeper maritime ties

The Star

time03-06-2025

  • Business
  • The Star

Norwegian official hails Chinese innovation, calls for deeper maritime ties

OSLO, June 3 (Xinhua) -- A Norwegian official has praised the green technologies and innovative solutions showcased by Chinese companies at Nor-Shipping 2025, expressing hope for enhanced maritime cooperation between Norway and China. Speaking to Xinhua after visiting the China Pavilion, Even Tronstad Sagebakken, state secretary at Norway's Ministry of Trade, Industry and Fisheries, said he was impressed by the technological progress demonstrated by Chinese shipbuilders. It is impressive to see not only the innovation but also the practical implementation of green solutions by Chinese shipbuilders, Sagebakken said. "They are at the forefront of technology development... the advancements we need to drive the green transition in the maritime sector." Sagebakken highlighted the long-standing collaboration between Norwegian and Chinese maritime firms, noting that many Norwegian suppliers are already involved in China's shipbuilding industry. "It's a partnership that goes way back, has developed over time, and is very much appreciated by the Norwegian side." He expressed optimism that this cooperation will grow even stronger in the future, delivering further progress for both countries. Held in Lillestrom, about 20 km east of Oslo, Nor-Shipping is one of the world's premier maritime trade fairs. Established in 1965 and held biennially, the four-day event runs through June 6, drawing nearly 1,000 companies and organizations from over 50 countries and regions. This year's China Pavilion features more than 60 Chinese enterprises -- both major state-owned and private companies, marking the largest Chinese presence in the event's history.

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