• 2023 March 24 16:55

    Ocean Thermal Energy Conversion demonstration project in Okinawa selected by Japan's Ministry of the Environment

    Mitsui O.S.K. Lines, Ltd. announced that an Ocean Thermal Energy Conversion (OTEC) demonstration project using deep ocean water on Kume Island, Okinawa Prefecture, which is being undertaken by MOL, Xenesys, Inc. and Saga University, has been selected by the Ministry of the Environment for the "FY2022 Technology Development and Demonstration Project for Regional Symbiosis and Cross-Sectoral Carbon Neutrality", according to the company's release.

    Since April 2022, MOL, along with Saga University and Kumejima Town, has participated in the operation of the only Ocean Thermal Energy Conversion Demonstration Test Facility in Japan owned by Okinawa Prefecture, which is maintained and managed by Xenesys, and accumulate OTEC operation know-how. The aim is to achieve the world's first commercialization of OTEC on a 1 MW scale by around 2026.

    The demonstration project includes manufacturing large, parallel-type titanium heat exchangers equivalent to 200 kW of power generation and verifying their performance from FY2022 to FY2024, aiming to establish large-scale heat recovery technology from seawater for the commercialization of OTEC.

    OTEC uses the temperature difference between warm water in the surface layer and cold water in the deep sea to generate electricity. Deep ocean water is pumped up from a depth of 600m or more and the energy is extracted from the temperature difference between the deep ocean water and the surface ocean water. Since OTEC is not greatly affected by weather conditions, it is capable of stable power generation 24 hours a day, ensuring stable and predictable power output.

    Another benefit of OTEC that is drawing attention is that even after deep ocean water is used for power generation, the water quality is unchanged, and the temperature is still low enough to be used for secondary purposes such as fisheries, agriculture, and air conditioning.

    Although research has been conducted in Japan, Hawaii, South Korea, and the Republic of Nauru, commercialization of this power source has not yet been achieved. MOL aims to quickly commercialize OTEC power generation in Japan and overseas through the operation of the Ocean Thermal Energy Conversion Demonstration Test Facility owned by Okinawa Prefecture, the verification research of feasibility and dissemination of OTEC in Mauritius, and this demonstration project, utilizing the knowledge and expertise it has accumulated through its offshore business and supply chain network.

    The combined use of deep ocean water as a regional resource for OTEC, fisheries, and other fields is also known as the "Kumejima Model," and for more than 10 years, Kumejima Town in Okinawa Prefecture has been working steadily toward the realization of a decarbonized society and a regional recycling symbiosis zone. The commercialization of OTEC is in line with Kumejima's policy for increasing energy self-sufficiency through renewable energy (Kumejima Town Energy Vision 2020), and the project is being promoted in cooperation with the town.




2024 May 20

17:02 Genevos awarded European Commission funding for hydrogen fishing vessel demonstrator in ‘H2-SEAS’ consortium
16:43 MAI to invest in ship investment fund managed by Navigare Capital Partners
16:29 Three year collaboration between EMEC and FloWave offers wave and tidal energy developers ‘try-before-you-buy’ site simulation capability
15:58 IndustriAll Europe and SEA Europe agree on joint priorities ahead of the 2024 EU elections
14:51 Fincantieri shipyard launches Logistic Support Ship ‘Atlante’ for the Italian Navy's fleet
13:24 MOL Cruises announces the six inaugural cruises of MITSUI OCEAN FUJI
12:21 Deltamarin designs CO2 carrier of Ecolog
11:50 Tsakos Energy Navigation plans to invest $2 billion to create a 100% green fleet by 2030
11:23 Horizon Tankers order six newbuilds in China
10:55 Turkish-owned cargo ship sinks off Romania
10:15 Serica Energy receives final approval from the NSTA to develop the 100% owned and operated Belinda field

2024 May 19

15:43 RWE, Masdar award geophysical surveys contract for DBS West offshore wind farm
14:27 Intesa Sanpaolo and Fincantieri for the energy transition of maritime and air transport
14:03 MSC Cruises to expand at Port Canaveral with the arrival of the MSC Grandiosa
13:56 Noatum launches maritime services in Türkiye
12:44 New Pipeline Transition Alliance to focus on re-purposing natural gas infrastructure to hydrogen service
11:29 Yantai CIMC Raffles Offshore Ltd. shipyard launches dual-fuel offshore installation vessel for Van Oord
11:23 Major Scottish export terminal invests £750,000 to boost refrigerated cargo capabilities
10:12 Jan De Nul orders new XL cable-laying vessel

2024 May 18

15:24 SNAM's Q1 total revenues declined 1.9% to 895 million euros
14:17 KOTUG Int'l successfully pilots Tug Drone technology
12:04 Austal USA names Mark Santamaria as CFO
11:36 Silver Ships delivers four of seven coastal fast response boats
09:51 CMA CGM posts revenue of 11.8 billion for Q1 2024

2024 May 17

18:10 Bunker fuel sales at the Middle Eastern hub of Fujairah drop on a monthly basis in April 2024
17:52 Lloyd’s Register and Shandong Marine Group sign MoU
16:43 China reveals cooperation methods to protect and restore the Yangtze River
16:03 APM Terminals Barcelona holds the commissioning of 17 Konecranes NSC 644 EHY hybrid straddle carriers
15:13 Marine fuel demand in Panama declined in April 2024
14:43 MITSUI E&S and PACECO commence commercial operations of world's first hydrogen fuel cell zero emission RTG crane at Port of Los Angeles
14:23 ILWU Canada agrees to delay serving 72-hour strike notice on employer DP World Canada
13:31 Barge hits a bridge in Texas, damaging the structure and causing an oil spill
13:10 Container shipping costs on EU-S. Korea route surge over 30 pct amid Red Sea crisis
12:43 DP World invests €130m in Romania
12:21 Astrakhan hosts Russia-Iran talks on shipping cooperation on International North-South corridor
11:41 Seatrium awarded repeat FPSO integration contract from SBM Offshore
11:04 Bureau Veritas report highlights the potential of carbon capture technologies and the development of carbon value chains for shipping
10:41 Electramar christened in Helsinki
10:07 IMO Secretary-General spotlights seafarer safety amidst ongoing Red Sea attacks and resurging piracy
09:58 MABUX: Bunker Outlook, Week 20, 2024

2024 May 16

18:11 Kongsberg and Torghatten to develop self-driving ferry service linking Trondheim and the Fosen peninsula
17:42 “K” Line сonducts first trial use of B100 biofuel for carbon-free operations on car carrier
16:35 Deltamarin and ECOLOG unveil LP LCO2 carrier design
15:40 Seadrill enters agreement to sell its Qatar jack-up fleet
15:24 Scan Global Logistics and Hapag-Lloyd enter into major biofuel agreement in a new Green Collaboration
14:48 Edison Chouest feeder fleet for U.S. offshore wind market to be built to ABS Class
14:03 The Australian Government announces a funding package of $7.1 billion for budgeted programs to be administered by ARENA
13:54 The share of the idle container vessel fleet was 0.9% in April - Sea-Intelligence
13:25 The European Commission grants PCI status to CO2 value chain project developed by MOL with partners
12:14 HHLA's revenue decreased by 0.3 percent to € 363.6 millions in Q1 2024
11:42 MOL and TotalEnergies sign time charter contracts for 2 newbuilding LPG-fueled LPG carriers
10:40 Kalmar and Uniport Livorno agree on new terminal tractor order to enhance reliability, safety and service quality at Italian terminal
10:04 AMSA collaborates on a trial providing more recycling options for visiting foreign ships
09:59 SunGas Renewables and C2X announce strategic partnership

2024 May 15

18:07 MOL holds naming ceremony for newbuilding LNG carrier Greenergy Ocean to serve China National Offshore Oil Corporation
17:30 ClassNK and StormGeo mark significant collaboration to advance maritime decarbonization
17:02 Newly certified methanol valves to improve dual-fuel shipbuilding
16:45 HD KSOE to lease Subic shipyard in Philippines
16:25 Eidsvaag receives two forage carrier vessels designed and equipped by Kongsberg Maritime
15:58 ADNOC delivers first ever bulk shipment of CCS-enabled certified low-carbon ammonia to Japan
15:35 World's 1st wind challenger-equipped coal carrier achieves fuel savings of 17%
14:57 LR to support the retrofit of two Stena Line ferries to methanol
13:52 Port of Los Angeles nets record $58 million for harbor maintenance
13:32 CMA CGM to launch MCX - West Coast Central America
12:51 Port of Long Beach cargo volumes up 14.4% in April
12:21 First Ro-Pax vessel receives DNV Silent notation following successful sea trials with Wartsila propellers
11:41 Hapag-Lloyd transport volumes increased by 6.8 percent to 3 million TEU in Q1 2024
11:10 Cavotec signs two-year service agreement with Port of Salalah
10:41 China overtakes Korea in global shipbuilding competitiveness
09:58 The ports of Rotterdam and Delft join the CLARION project