The order book for the wind sector just continues getting larger and larger, even as companies continue not to make much money. Wind is the Augustus Gloop segment of offshore, gorged on investment, like the character in Roald Dahl’s Charlie and the Chocolate Factory, but liable to fall into a...
Sumitomo Corporation
Sumitomo Corporation to acquire stake in Norwegian CSOV operator
Norway’s Integrated Wind Solutions and Japanese integrated trading company Sumitomo Corporation have entered into a strategic partnership agreement through IWS’ vessel-operating subsidiary IWS Fleet wherein Sumitomo will acquire partial ownership of IWS Fleet. IWS Fleet, which operates commissioning service operation vessels (CSOVs) that cater to the offshore renewables market, will raise €60 million (US$65 million) […]
The post Sumitomo Corporation to acquire stake in Norwegian CSOV operator...
Corvus Orca is first marine ESS to win ClassNK type approval
Corvus Energy reports that its Corvus Orca energy storage system has become the first marine ESS to receive type approval from Japanese classification society ClassNK.
“The pace of social change is accelerating, necessitating an increased effort to move forward with frontrunners to tackle these challenges,” said Masaki Matsunaga, executive vice president / director of plan approval and technical solution division at ClassNK, noting that the Orca ESS type approval is expected to as a major...
https://www.marinelog.com/news/corvus-orca-is-first-marine-ess-to-win-classnk-type-approval/
OOCL, Sumitomo Corporation launch refrigerated ocean transportation service utilizing electric field technology
Tokyo-headquartered electric services company Sumitomo Corporation and Hong Kong-based container carrier Orient Overseas Container Line (OOCL) signed a business alliance agreement, aiming to offer refrigerated ocean transport services utilizing electric field technology, ensuring the preservation of freshness of various commercial products.
According to the announcement, the international transportation of perishable goods, which requires meticulous freshness preservation, often encounters...
Japanese players and Woodside Energy join forces for CO2 capture and storage feasibility study
Japanese industry majors Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement, Kawasaki Kisen Kaisha […]
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Vodafone, Sumitomo Corporation, Deloitte and Nexxiot cooperate to support autonomous freight handling and trade compliance
Pairpoint (Vodafone and Sumitomo Corporation’s Economy of Things business), Deloitte, and Nexxiot have joined forces to offer digital services that speed up the flow of goods worldwide.
The new service will automatically verify the provenance of data on the movement and content of cargo, allowing companies to improve freight handling whilst complying with trade laws. This will lead to faster customs and port authority clearance, and expedite the digital transformation of the logistics sector.
The...
Höegh Autoliners could be bunkering clean ammonia in JAXPORT by 2027
Höegh Autoliners and Japan’s Sumitomo Corporation have signed a Letter of Intent to collaborate on the supply and delivery of clean ammonia as a next-generation sustainable maritime fuel for Höegh’s upcoming Aurora Class PCTC vessels. The agreement will see them look into the supply of clean ammonia as a bunker fuel at the ports of Singapore and Jacksonville, Fla. (JAXPORT) from 2027 onwards.
The twelve Aurora Class vessels are set to become the largest and most eco-friendly car carriers ever...
Höegh Autoliners and Sumitomo Corporation forge alliance on ammonia bunkering in Singapore and Jacksonville ports
Japanese conglomerate Sumitomo Corporation and Norwegian RoRo shipping company Höegh Autoliners have joined forces […]
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World’s first ammonia dual-fuel Handymax bulker in the making
NYK Bulk & Project Carriers (NBP), a subsidiary of shipping major NYK Group, has joined forces with with Corporación Nacional del Cobre de Chile (CODELCO), Oshima Shipbuilding Co. and Sumitomo Corporation to study, design and construct the world’s first ammonia dual-fuel Handymax bulk carrier.
The...
https://www.offshore-energy.biz/worlds-first-ammonia-dual-fuel-handymax-bulker-in-the-making/
Maritime industry giants to explore ammonia as green fuel for U.S. East Coast
Maritime industry majors have joined hands on a feasibility study of ammonia as a […]
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