Search results for: south africa hydrogen

93 results

A list of search results

  • HMM splashes $1.12 bln on 9 methanol-fuelled containerships

    14 February 2023
    Business & Finance, Business Developments & Projects, Green Marine, Transition, Vessels

    South Korean shipping company HMM has signed newbuilding contracts with compatriot Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. The company confirmed to our newsdesk that it was looking into ordering methanol-powered vessels in December 2022. The move is being pursued as […]

  • NYK to study converting organic waste on vessels into fuel

    26 August 2022
    Green Marine, Research & Development

    Japanese shipping company NYK has invested in compatriot Sustainable Energy, a company that specializes in biomass power generation from waste collection. Sustainable Energy has developed an integrated subcritical-water organic-waste power-generation system (ISOP), which decomposes organic substances using subcritical-water-treating technology and ultimately produces green energy products such as biofuels. “Through this investment, NYK will begin joint […]

  • In focus: Bridging the gaps in hydrogen technologies

    9 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Infrastructure, Ports & Logistics, Research & Development, Storage, Technology, Transition, Vessels

    A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals.

  • In focus: Bit by bit, energy transition takes a more solid shape

    26 November 2021
    Business Developments & Projects, Innovation, Outlook & Strategy, Regulation & Policy, Technology, Transition

    The energy transition is taking a more concrete shape with each passing day as witnessed in a week behind us that was full of announcements favoring the net-zero future coming from governments, across investment banks, all the way to private offshore energy companies.

  • Oil & gas on the rebound but tension will define 2022, Woodmac says

    14 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Wood Mackenzie believes that the oil and gas sector will continue to rebound in 2022, but the positive outlook will be tempered.

  • Damen hits record revenue of €2.5 billion

    7 April 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact on business operations. The order book matched the company […]

  • South Korea invites bids to support eco-friendly conversion of ships as it lays out strategy to decarbonize shipping by 2050

    23 February 2023
    Authorities & Government, Business & Finance, Environment, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vessels, Vision

    In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) in July 2023, which is […]

  • In focus: Americas take the offshore energy helm

    15 April 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    The industry has been evidently hitting the pause button ahead of Easter. However, it seems like one part of the world still keeps going without slowing down. The Americas took the spotlight this week in offshore energy news headlines, with Canada and the U.S. steering the wheel.

  • Promising future for marine energy in Florida’s Gulf Stream

    30 May 2020
    Business Developments & Projects, Environment, Innovation, Research & Development, Technology, Transition

    Miami-based OceanBased is working on what could be one of the largest renewable energy projects in the world. In collaboration with the Southeast National Marine Renewable Energy Center (SNMREC) at Florida Atlantic University (FAU), OceanBased has demonstrated that clean, renewable perpetual energy can be derived by harnessing the perpetual Gulf Stream current off the coast […]

  • CorPower sees California’s offshore wind ambition as opportunity for wave energy

    29 November 2021
    Business Developments & Projects, Equipment, Market Outlooks, Outlook & Strategy, Technology, Transition, Vision

    California’s continued push to rapidly adopt offshore wind signals a glowing opportunity for wave energy technology as a complementary power partner to accelerate the mission to net-zero, according to Swedish company CorPower Ocean.

  • As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables

    7 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.

  • Knowledge sharing a key to sustainable net-zero energy mix of the future

    26 October 2021
    Collaboration, Innovation, Outlook & Strategy, Technology, Transition, Vision

    Sharing (renewable energy know-how) is caring (for the world) has been the basic underlying message shared by the speakers of the OEEC’s first talk show that discussed the importance of collaboration for ensuring the sustainable energy mix of the future

  • America’s burning question: To drill or not for more oil & gas

    9 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Should the U.S. scale up investments in oil and gas along with the deployment of renewables and clean energy technologies?

  • Shell, TotalEnergies eye new projects in Gulf of Mexico and it’s not oil & gas

    2 March 2023
    Business & Finance, Business Developments & Projects

    Oil and gas majors Shell and TotalEnergies have prequalified for an offshore wind lease sale in the Gulf of Mexico.

  • Transmission coordination road to UK’s 2030 offshore wind ambition

    2 December 2020
    Project & Tenders

    The increase of UK’s goal to have 40 GW instead of 30 GW of offshore wind by 2030 represents a huge opportunity for the sector. However, it is not without its challenges. With the quadrupling of capacity, cumulative environmental and social impacts of the lack of offshore transmission coordination represent a major barrier to delivery, according to the UK Department for Business, Energy & Industrial Strategy (BEIS).

  • In focus: Time to part ways with old habits

    25 June 2021
    Business & Finance, Environment, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Old habits die hard. Hence, it may be a lot more difficult for the offshore energy industry and the maritime sector to make peace with the transition they have to undergo and renounce previous business practices. The message was echoed in this week’s protest of Greenpeace environmental activists, who chained themselves in front of the […]

  • How do things stand for the oil & gas industry in the wake of COP27?

    21 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.

  • Go(ne)ing with the wind: 40 ships to have wind propulsion installed by the end of 2022

    1 July 2020
    Equipment, Innovation, Research & Development, Technology, Vessels

    Wind-assisted ship propulsion has immense potential for achieving fuel savings and cutting emissions. Even though it is not believed to be THE solution for full decarbonization of the industry and getting to net-zero, it has emerged as an intermediary step which, when combined with other available solutions like air bubbles, anti-fouling, and different software solutions […]