Search results for: GTT

7031 results

A list of search results

  • EU’s ties to Russian gas: LNG tanker routes pinpoint ports in four European countries as touchpoints

    7 March 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Ports & Logistics, Regulation & Policy, Vessels

    Research shows that the EU has not severed its gas bonds with Russia, as four countries still facilitate deliveries of its LNG.

  • Denmark bans scrubber discharge from ships to prevent pollution of marine environment

    18 April 2024
    Authorities & Government, Environment, Rules & Regulation

    The Danish government has prohibited the discharge of scrubber water from ships into the marine environment within 22 kilometers of the Danish coasts.

  • Maersk’s security team fires back on Houthi in Red Sea, thwarts boarding, prompting another operational pause

    31 December 2023
    Business Developments & Projects, Green Marine, Regulation & Policy, Safety, Vessels

    Just days after announcing its gradual return to the Red Sea, global cargo shipping giant Maersk finds itself at the center of escalating tensions as its vessel, the Maersk Hangzhou, becomes the target of a missile and small boat swarm by Yemen’s Houthi Group. The assault occurred approximately 55 nautical miles southwest of Al Hodeidah, […]

  • Will COP28 live up to the hype and establish an energy transition roadmap leaving no one behind?

    13 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    The UAE plans to spearhead efforts at COP28 for a clear roadmap to step up net zero progress through “a pragmatic global energy transition.”

  • HAROPA starts work on shore power connections at Le Havre cruise terminal

    14 February 2024
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    The construction of electricity supply connections to ships at berth has officially begun at the Le Havre cruise terminal, France. Led by HAROPA PORT, the 5th largest port complex in Northern Europe, the strategic project aims to reduce emissions from cruise activity by electrifying cruise docks. By 2026, the port wants to electrify all cruise docks and […]

  • New UK player joining North Sea oil project ahead of field development plan submission

    23 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Jersey Oil & Gas has agreed to sell a partial stake in an asset on the UK Continental Shelf (UKCS) to Serica Energy.

  • Transocean ends 2023 on high note with ‘company-best’ uptime performance, says CEO

    20 February 2024
    Business & Finance, Business Developments & Projects

    Transocean has secured a $3.2 billion boost in contract backlog during 2023, thanks to a series of new assignments for its rig fleet.

  • Brand-new satellite with ‘superpower’ to gauge methane goes live – gallery

    19 March 2024
    Business & Finance, Business Developments & Projects, Environment, Equipment, IT & Software, Research & Development, Technology, Transition

    A satellite has been launched to glean insight into methane emissions, focusing first on oil and gas operators.

  • Five European countries open their doors to cross-border CO2 storage

    16 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Regulation & Policy, Transition

    Five northern European countries have joined forces to conclude arrangements on the transport and storage of carbon across borders.

  • Oil & gas production on the rise but Equinor’s profit plummets as energy prices go down

    25 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.

  • Türkiye holds LNG supply talks with ExxonMobil while setting the stage to search for oil in Black Sea

    29 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    Türkiye is going all out to wean itself from its dependence on foreign natural gas, as demonstrated by the ongoing LNG negotiations with ExxonMobil.

  • Denmark launches Green Fuels Alliance India

    8 January 2024
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy

    Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality.

  • Silk Alliance outlines implementation plan for green corridor cluster

    31 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vessels

    Members of ‘The Silk Alliance’ cross-supply chain industry partnership, initiated by the Lloyd’s Register (LR) Maritime Decarbonisation Hub, have issued an open letter to drive actions to accelerate the green corridor cluster in Singapore. The letter outlines an implementation plan with key milestones and actions to achieve before the end of the decade. The aim […]

  • Eni reveals ‘excellent’ annual results as natural gas and LNG business cushions drop in profit

    16 February 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Transition

    Eni has disclosed strong financial and operating results for 4Q and full year 2023 on the back of its natural gas and LNG portfolio.

  • Buffeted by market volatility, Shell’s profit slumps but overall performance remains ‘strong’

    2 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Project & Tenders

    Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.

  • Green corridor surge: initiatives soar to 44, doubling from last year’s count

    4 December 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing corridors, with multiple corridors clearing a progress […]

  • With Labour’s windfall tax plan seen as ‘hammer blow’ to UK’s energy security and decarbonization, concerns over job loss on the rise

    20 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    The dust has not settled yet over the Labour Party’s proposals to extend the windfall tax on UK oil and gas producers,

  • ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

    11 January 2024
    Authorities & Government, Business Developments & Projects, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systematic Assessment of Vessel Emissions (SAVE) model, Hae Jeong Cho, ICCT Associate […]

  • ClassNK: 80 million gt of zero-emission ships needed annually by 2040 to meet IMO targets

    17 October 2023
    Authorities & Government, Business Developments & Projects, Certification & Classification, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The maritime industry must build 80 million gross tonnage (gt) of zero-emission ships each year over the 14-year period from 2027 to 2040 to achieve the indicative checkpoints for 2030 and 2040 developed by the International Maritime Organization (IMO) in its 2023 Greenhouse Gas (GHG) Strategy, according to the estimates from the Japanese classification society […]

  • Singapore remains world’s top maritime city, report says

    15 April 2024
    Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    Singapore has retained its position as the leading maritime city in the world, followed by Rotterdam and London, according to the 2024 Leading Maritime Cities (LMC) report.

  • Shipping industry can cut emissions by progressive adoption of green steel, analysis shows

    2 January 2024
    Outlook & Strategy, Research & Development

    Nearly 800MtCO2 can be reduced by progressively switching to steel with lower embodied CO₂ emissions, equivalent to one year of international shipping’s operational emissions, a new analysis by UMAS and Lloyd’s Register Maritime Decarbonisation Hub shows.

  • Ports of Oakland and Yokohama to create a green shipping corridor

    23 October 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Ports & Logistics

    The Port of Oakland, USA, and the Port of Yokohama, Japan have signed the Green Shipping Corridor Memorandum of Understanding (MOU), paving the way to share best practices on the implementation of green initiatives to transform operations across the supply chain.  The signing was part of the Port Decarbonization & Green Shipping Corridor Symposium, which […]

  • UK offers first batch of licenses in 33rd offshore oil & gas round to fortify energy security

    30 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy

    North Sea Transition Authority (NSTA) has awarded 27 licenses in areas with the potential to go into production more quickly than others to bolster Britain’s energy security.

  • Middle East’s brewing cauldron of geopolitical tensions: Are oil & gas and LNG prices at risk of spiking to 2022 levels?

    22 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Safety, Vessels

    The Iran-Israel escalation puts the Middle East on the verge of a wider war with the potential to wreak havoc on global trade flows, and oil, gas, and LNG exports.

  • Interview: Moroccan start-up set to transform power supply of ports with wave energy

    13 December 2023
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    Born from the vision of two engineers, the Moroccan start-up Advanced Third Age Renewable Energies Company (ATAREC) has set its sights on exploiting the vast wave energy potential that exists around port breakwaters and other infrastructures exposed to sea, with its full-scale demonstrator already deployed and operating at the Port of Tanger-Med – one of the largest ports in Africa and the Mediterranean Sea.