Search results for: GTT

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  • Make the industry cleaner and safer by a multidisciplinary approach

    27 October 2021

    Reducing the carbon intensity is the main theme for the Maritime industry. The International Maritime Organization has adopted a strategy to reduce the carbon intensity by 40% by 2030. From 2023, the Carbon Intensity Indicator (CII) requirements will take effect for all cargo, RoPax and cruise vessels above 5,000 GT and trading internationally.  Considering the […]

  • Tanzania: Construction Works on Port of Dar es Salaam Second Container Terminal Will Start in 2011

    1 July 2010

    Construction of a second container terminal for the port of Dar es Salaam is set to begin early in 2011, according to news reports in Tanzania. Dar es Salaam’s Daily News quoted Tanzania Ports Authority Director-General Ephraim Mgawe as saying that cargo volumes have increased at a rate of 15 percent per annum for several […]

  • Don’t miss out on premium content

    16 June 2021

    Every day, access to key market information helps industry players obtain insights, generate leads, and stay up to date. If you’re looking to add crucial offshore energy market insights & rundowns, the latest & trending market updates as well as reports about tenders and emerging markets to your daily reading list, take a gander at […]

  • Shipping’s decarbonization quest: 30,000 existing ships ready for wind propulsion tech

    29 September 2021
    Business Developments & Projects, Equipment, Infrastructure, Market Outlooks, Outlook & Strategy, Technology, Transition, Vessels

    As the maritime industry’s quest for the best possible decarbonization has intensified, wind propulsion systems are gaining traction around the globe.

  • In focus: Gas still runs the show but bets on hydrogen threaten to steal it

    9 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition

    Will the increase in investments enable hydrogen to dethrone gas as the key player in the energy decarbonisation game?

  • Haptic control development for mechatronic devices

    1 September 2022
    Equipment, Innovation

    The current generation of maritime remote-control systems has countless features to ensure ship safety: system redundancy, smart sensors and control algorithms, to name a few. However, one feature that is still surprisingly scarce in the industry, is advanced haptic feedback to the operator. Haptic feedback specialistAccording to Emil Koppen, R&D Manager at Kwant Controls, haptics […]

  • Rystad: Biden win could benefit short-term oil demand, but Trump win could be the most bullish outcome

    4 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Energy intelligence firm Rystad Energy believes that if Trump should win it may make oil prices great again while Biden effect is more mixed.

  • 2050 starts in 2020, and it starts with offshore wind and green hydrogen

    8 October 2020
    Outlook & Strategy, Transition, Vision

    Humankind achieved its first interstellar flight in 2063 with a spacecraft powered by a warp drive, based on a matter-antimatter system fuelled by deuterium, a hydrogen isotope, and its antimatter equivalent. This is according to Star Trek, a series famous for featuring several things we might take for granted today back in the seventies and […]

  • Big money forcing Big Oil into climate change revolution

    10 June 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition, Vision

    With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action.

  • UK: Experts Call for Alternative Development Option for Falmouth Docks

    28 February 2012

    Cornwall Wildlife Trust, the local charity that protects wildlife on land and at sea, has announced that it supports an alternative option to develop Falmouth Docks which would save part of a nationally rare marine habitat. This alternative option is outlined in the Docks’ own Masterplan and initial estimates shows it could provide the economic […]

  • EU poised to start taxing shipping emissions in 2024

    19 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In the final round of talks over the weekend, the EU Council and the European Parliament hammered out a provisional political agreement on legislative proposals of the ‘Fit for 55’ package that aim to further reduce emissions and address their social impacts. The ‘Fit for 55’ package is aimed at enabling the European Union to […]

  • EU bans Russian vessels from ports, ‘edges closer’ to banning Russian oil imports

    6 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Rules & Regulation

    The European Union members have announced a new, fifth round of sanctions against Russia and its businesses due to the war in Ukraine.

  • The Netherlands: Record Revenue and Profit for Boskalis

    5 April 2011
    Business & Finance

      2010 was a special and memorable year for Boskalis in many ways. Not just because it was the year in which we celebrated our centenary, but definitely also because it was a year in which we continued to develop the foundations for the future of our company. Record revenue and profit Above all, 2010 […]

  • Traverse City Commissioners OK Dredging (USA)

    9 January 2013

    The Traverse City Commissioners voted to allow improvements to Northwestern Michigan College’s Harbor at its Great Lakes Campus, reports upnorthlive.com. The college’s dredging permit was given the green light by City Commissioners. According to upnorthlive.com, the school and the city say the actual dredging process will be a learning opportunity that could benefit the bay. […]

  • Container shipping: Defying the odds during the pandemic?

    17 June 2020
    Business & Finance, Market Outlooks, Outlook & Strategy

    The massive consolidation drive in the container shipping market that dominated the narrative over the past four years seems to have brought about unexpected benefits during the coronavirus crisis. The driving force behind the phenomenon has been primarily achieving economies of scale, especially considering the amount of capital investment needed in new, ever bigger ships. […]

  • A year in review for methanol as marine fuel: 82 ships by 2028

    3 January 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    2022 has been a stellar year for methanol as an alternative fuel for ships as owners look to solutions to decarbonize their fleets. Based on the data from DNV, there are currently a total of 82 methanol-powered ships in operation and on order. The figure grew considerably from what we reported in August with 20 […]

  • Silverstream CEO: Air bubble tech particularly fit for LNG carriers

    8 October 2021
    Business Developments & Projects, Environment, Equipment, Infrastructure, Outlook & Strategy, Technology, Transition, Vessels

    Although compatible with all oceangoing vessel types, the air lubrication technology is especially suitable for liquefied natural gas (LNG) carriers, Noah Silberschmidt, CEO of Silverstream Technologies, revealed in an interview with Offshore Energy – Green Marine.

  • EXCLUSIVE: Interview with HYPACK’s Chief Operations Officer

    21 May 2014
    Business & Finance, Equipment, Technology

    In the following interview, Mr. Harold Orlinsky, Chief Operations Officer of HYPACK, which is one of the most successful providers of hydrographic and navigation software worldwide, explains the company’s latest achievements, business plans and future goals.   What can you tell us about the company’s 2013 business results, reached goals, accomplished tasks? Last year, HYPACK […]

  • Port of Bilbao rolls out shore power project to cut carbon footprint

    21 March 2022
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vision

    Spanish Bilbao Port Authority has decided to supply electricity to ships docked at the port and install renewable energy power plants, making a firm commitment to the energy transition and the decarbonization of port activities.

  • Oil & gas boom and rig shortage fuel Shelf Drilling CEO’s hopes of multi-year upcycle for jack-ups

    20 March 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    With the oil and gas sector in high demand, Shelf Drilling is envisioning further offshore drilling market improvements, especially within the jack-up segment.  

  • ZeroNorth: The shipping industry cannot take decisions in isolation anymore

    13 October 2022
    Automation, Business Developments & Projects, Environment, Infrastructure, Innovation, IT & Software, Market Outlooks, Outlook & Strategy, Ports & Logistics, Safety, Transition, Vessels

    The shipping industry cannot take decisions in isolation anymore and must understand the true impact of decision-making, according to ZeroNorth, a Denmark-based digital company that aims to accelerate maritime decarbonisation.

  • Beware of a good pitch: Separating the hype from substance key to successful decarbonization

    19 August 2020
    Business & Finance, Environment, Research & Development, Rules & Regulation, Transition, Vision

    The shipping industry is faced with a perfect storm. On the one hand, the pressure to decarbonize its operations and cut greenhouse gas (GHG) emissions by abandoning the use of fossil fuels is rising, promising to change shipping as we know it. On the other hand, a global pandemic is reshaping the global trade creating […]

  • From idea to reality: five years since the first subsea compression system

    18 September 2020
    Environment, Equipment, Infrastructure, Innovation, Research & Development, Technology, Vision

    Five years after the kick off, the subsea compression system covering an area the size of a football field, at Equinor-operated Åsgard development in the Norwegian Sea, still runs like clockwork. The entire Åsgard field is one of the largest developments on the Norwegian continental shelf, embracing a total of 63 production and injection wells […]

  • Charges of negligence over major oil spill off California coast, spark renewed outcries to ban offshore drilling

    20 December 2021
    Authorities & Government, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    Amplify Energy has been accused of negligent conduct during the oil spill off the California coast, which renewed efforts to ban offshore drilling.

  • The Netherlands: Construction of Maasvlakte 2 Running Like Clockwork

    5 November 2010

    Since work started on the construction of Maasvlakte 2 two years ago, 170 million m3 of sand has been brought in. That is more than would be needed to fill the Rotterdam – Fyenoord soccer stadium to the brim 100 times. At the height of the ‘sand operations’, some ten trailing hopper suction dredgers were […]