2175 results found for 'TECO 2030'

2175 results found for 'TECO 2030'
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  • South Korea to map out national framework for autonomous shipping

    30 April 2025
    Authorities & Government, Automation, Regulation & Policy, Research & Development, Technology, Vessels

    Reinforcing the drive to ‘modernize’ and digitize its shipping industry, South Korea is set to establish a long-term strategy, aiming to bring autonomous vessel technology into commercial use. According to the country’s Ministry of Ocean and Fisheries (MOF), the plan encompasses a decade-long framework pertaining to the engineering of technologies deemed ‘critical’ to build autonomous […]

  • Interview with Madoqua: Clear regulations needed to kick-start green fuels bonanza

    17 February 2025
    Business Developments & Projects, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Offshore Energy spoke with Madoqua’s Chief Commercial Officer, Marloes Ras, about the current challenges and opportunities that could drive forward the adoption of green fuels in the maritime industry.

  • Port of Tanjung Pelepas becomes ‘the first’ in Malaysia to exceed 12 million TEUs in 2024

    3 January 2025
    Ports & Logistics

    The Port of Tanjung Pelepas (PTP), a joint venture between MMC Group and APM Terminals, has passed a ‘major’ milestone, becoming ‘the first’ container terminal in Malaysia to handle over 12.25 million twenty-foot equivalent units (TEUs) in a single year in 2024. As disclosed, the 12 millionth TEU was recorded on the evening of December […]

  • Eight projects to share US DOE’s $800k funding to propel hydropower and marine energy  

    10 January 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Research & Development, Technology

    The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has allocated $800,000 for eight projects designed to advance hydropower and marine energy innovation across the U.S. to foster entrepreneurship, streamline commercialization, and support small business growth in the water power sector. “Energy harnessed from the movement of water has an essential role in […]

  • 2024 energy plays in review: Uptick in renewables and clean tech, but oil & gas still hold energy security keys

    1 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Regulation & Policy, Transition

    As another turbulent year for the energy markets, 2024 witnessed a further escalation in geopolitical tensions and conflicts, leading to a mixed bag of achievements, missed opportunities, and rough energy seas not only for the goal of tripling clean sources of supply but also for dominant fossil fuels, which showed their resilience in the face of multiple legal challenges aiming to shut oil, gas, and liquified natural gas (LNG) down.

  • ‘First-ever’ blue bond in MENA region sees light of day

    26 December 2024
    Business & Finance, Business Developments & Projects

    Dubai-based terminal operator DP World has issued a staggering $100 million blue bond, becoming the first company in the Middle East to mark this ‘milestone’. According to DP World, the blue bond will aim to fund environmentally friendly projects across marine transportation, port infrastructure, marine pollution, and nature and water-positive initiatives A blue bond is […]

  • World’s dual-fuel fleet surges to 2,119 vessels

    30 December 2024
    Infrastructure, Vessels

    The past few years have witnessed a significant increase in clean fuel-powered ships, with the global dual-fuel fleet currently standing at 2,119 vessels with a combined capacity of 123 million gross tons.

  • TECO 2030 reveals plans for high-volume fuel cell production facility in US

    31 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Research & Development, Technology

    TECO 2030 is launching a potential capitalization process for its U.S. subsidiary. If successful, the capital infusion would be directed toward establishing a high-capacity fuel cell production facility in the U.S.

  • Ane Maersk powers up with green methanol in Shanghai

    6 January 2025
    Ports & Logistics, Vessels

    Shanghai International Port Group’s (SIPG) bunkering ship Hai Gang Zhi Yuan has supplied 3,000 tons of green methanol to Ane Maersk, one of the world’s first boxships powered by this alternative fuel, at Yangshan Port. As disclosed, this operation—carried out in parallel with container loading and unloading—was carried out on January 1, 2025. According to […]

  • MSC orders additional 10 LNG dual-fuel boxships

    26 December 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Switzerland-based MSC Mediterranean Shipping Company, the world’s largest container shipping company, has ordered ten additional liquefied natural gas (LNG) dual-fuel vessels in China.

  • Day of the Seafarer: The unseen struggles of workers on the frontline of change

    25 June 2025
    Environment, Human Capital, Regulation & Policy, Safety, Transition

    Observed annually on June 25, the Day of the Seafarer brings the spotlight to those who keep global trade moving—quietly stitching the seams of the world’s economy from one port to the next—often under immense strain and with little recognition. This year’s campaign, “My Harassment-free ship”, led by the International Maritime Organization (IMO), underlines another […]

  • $1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza

    24 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom.

  • Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

    24 January 2025
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Human Capital, IT & Software, Transition

    Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the job market.

  • Switzerland’s Viking welcomes newest eco-friendly cruise ship to its fleet

    4 December 2024
    Collaboration, Vessels

    Swiss cruise line Viking has taken delivery of Viking Vela, the first of a series of eco-friendly vessels being built by Italian shipbuilder Fincantieri, following a ceremony held at the latter’s shipyard in Ancona, Italy. As informed, Viking Vela is classified as a small ship—much like all other Viking ocean vessels—and it possesses a gross […]

  • MOL orders ammonia dual-fuel bulk carrier duo in China

    11 December 2024
    Vessels

    As part of its commitment to driving its decarbonization progress, Japanese shipping major Mitsui O.S.K. Lines (MOL) has placed an order for two ammonia dual-fuel bulk carriers.

  • FMC halts tripartite Premier Alliance’s debut

    9 December 2024
    Authorities & Government, Regulation & Policy

    The U.S. Federal Maritime Commission (FMC) has pulled the plug on a global container shipping alliance between South Korea’s HMM, Singapore’s Ocean Network Express (ONE) and Taiwan’s Yang Ming Marine Transport Corporation, citing an “absence of information” needed to determine the competitive impact of this arrangement. As disclosed, the FMC is also unsure whether the […]

  • TEN cuts carbon intensity by 19.6% through fleet renewal and deployment of LNG-fueled ships

    13 December 2024
    Business Developments & Projects

    Greek shipping company Tsakos Energy Navigation (TEN) has made significant progress in implementing its green strategy as it achieved a reduction of carbon intensity by 19.6% compared to 2008 levels.

  • With eyes on the horizon, SAAM Towage unpacks its new sustainability strategy

    2 December 2024
    Outlook & Strategy, Transition

    Marking 63 years in business, Chile-based tugboat operator SAAM Towage has unveiled its 2030 Sustainability Strategy, which outlines a “clear path forward” for the company as it sails toward its decarbonization ambitions. The company disclosed that its sustainability strategy is supported by four pillars: reportability and risk management, people and social engagement, environment and climate […]

  • Two players bringing ROV hull cleaning tech to Singapore for ‘greener’ shipping

    4 December 2024
    Automation, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Ports & Logistics, Technology, Transition

    UAE-headquartered HullWiper has joined forces with Singapore’s Unidive Subsea to provide its remotely operated vehicle (ROV) hull cleaning technology in Singapore.

  • Final LNG-ready 13K TEU boxship joins HMM’s fleet

    27 November 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    South Korean shipping company HMM has taken delivery of HMM Turquoise, completing its twelve-strong fleet of LNG-ready 13,000 TEU containerships.

  • Tug Malta christens its new eco-friendly tug built by Damen

    5 December 2024
    Collaboration, Ports & Logistics, Vessels

    Tug Malta has named its newest eco-friendly vessel, a Damen RSD Tug 2513, which is expected to ‘add strength’ to the company’s operations in Malta’s Port of Marsaxlokk. As informed, the new tug, which delivers more than 80 tonnes of bollard pull, has been christened the Med Aldebaran. Damen and Tug Malta reportedly signed the […]

  • Wave energy added to wind and solar mix to power floating green ammonia project

    2 December 2024
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development

    Renewable energy company SwitcH2 has partnered with Swedish company CorPower Ocean to develop an industrial-scale floating green ammonia production facility partially powered by wave energy.  The project, backed by Norway-based BW Offshore and Dutch Oceans Capital, aims to combine wind, solar, and wave power to drive electrolysis for green ammonia production in offshore environments, CorPower […]

  • Potential of e-fuels in shipping decarbonization under the spotlight in EMSA’s new report

    25 November 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    While e-fuels are seen as viable solutions to support decarbonization, they can not be expected to play a major role in the global shipping sector by 2030 due to limited expansion, the European Maritime Safety Agency (EMSA) found in its latest report exploring alternative fuels and decarbonization technologies. The report ‘Potential of Synthetic Fuels for […]

  • Epson teams up with Maersk to cut emissions from inbound ocean transportation

    18 November 2024
    Business Developments & Projects

    As part of its EPSON 25 Renewed initiative, Epson is charting a decarbonization pathway, with carbon-free logistics a key focus in achieving its aims. 

  • Norway’s TECO 2030 sets sights on becoming global technology provider

    26 September 2024
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Technology

    Norway-based cleantech company TECO 2030 has decided to make a strategic shift from manufacturing fuel cells in Norway to positioning the company as a global technology provider by offering licensing agreements to international partners. TECO explained that this decision reflects its commitment to growth in dynamic global markets, particularly in the face of regulatory delays […]