Search results for: COP27

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A list of search results

  • Egypt ramping up efforts to make SCZONE clean fuel production hub

    15 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition

    Egyptian President Abdel-Fattah El-Sisi is calling for an acceleration of efforts to turn the Suez Canal Economic Zone into a clean energy and green fuels production hub. In a meeting with government officials held to discuss ongoing projects in the SCZone, President El-Sisi gave directives to focus the strategy for projects in the SCZone on […]

  • In focus: Battle to accelerate green energy programs continues

    18 November 2022
    Business Developments & Projects, Infrastructure, Technology

    Winter is almost here and concerns over the security of energy supplies are on the rise. Governments and industries are trying to find ways to tackle both energy and climate crises at the same time. The never-ending battle with new regulations to accelerate green energy programs and address high prices also continues. Earlier this week, German […]

  • Port of Gothenburg joining green shipping initiative

    21 November 2022
    Ports & Logistics

    The Swedish government has selected three Port of Gothenburg projects for a green transformation of shipping to constitute Sweden’s contribution to the international initiative Green Shipping Challenge. 

  • New action plan comes into the limelight to accelerate decarbonisation

    11 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition

    With COP27 in full swing, governments have set out an action plan to scale up decarbonisation efforts, says IRENA.

  • Masdar eyes green hydrogen production in Suez Canal

    26 April 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    Abu Dhabi’s renewable energy company Masdar and investment platform Hassan Allam Utilities have signed two memorandums of understanding (MoUs) to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone (SCZone) and on the Mediterranean coast.

  • Suez Canal Container Terminal formalizes $500 mln expansion deal with SCZONE

    17 November 2022
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics

    The Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s APM Terminals, has signed a concession agreement with the Suez Canal Economic Zone (SCZONE) for the expansion of the terminal. The $500 million agreement purports “financing, design, construction, management, and operation” of the extension of SCCT, as the second terminal at Port Said […]

  • MPA, LA and Long Beach ports to set up green shipping corridor

    8 November 2022
    Business Developments & Projects, Ports & Logistics

    The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles, Port of Long Beach and C40 Cities have begun discussions to establish a green and digital shipping corridor between Singapore and the San Pedro Bay port complex.

  • Chevron and Egyptian govt join forces to curb methane from oil & gas sector

    23 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.

  • IRENA joins forces with industry leaders to unlock green industrialization opportunities

    1 September 2022
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Transition, Vision

    The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization.

  • Netherlands sets sights on hydrogen cooperation with Oman

    25 November 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy, Ports & Logistics, Transition

    During the climate summit COP27 in Egypt, the governments of the Netherlands and Oman have signed a declaration of intent with the aim to cooperate on hydrogen projects. The hydrogen cooperation between the two countries will focus on setting up import and export facilities for green hydrogen. The Netherlands described this as a chance to […]

  • Governments around the globe spur creation of green corridors

    8 November 2022
    Authorities & Government, Collaboration, Infrastructure, Ports & Logistics

    As part of the Green Shipping Challenge, governments around the world are creating green shipping corridors that will help put the shipping sector on a pathway to align with the 1.5-degree goal this decade.

  • TotalEnergies bent on taking legal action following allegations of ‘dramatically underreporting’ emissions

    4 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    After Greenpeace said that TotalEnergies’ emissions are four times higher than reported, the oil major has decided to pursue legal action.

  • Plans to turn SCZONE into green fuel hub gain momentum

    9 December 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine

    Seven memorandum of understandings (MoU) have been signed in Egypt to kick off studies on green hydrogen production projects in Suez Canal Economic Zone (SCZONE). The MOUs were signed on 7 December between the Ministry of Electricity and Renewable Energy, represented by the New and Renewable Energy Development, the Egyptian Electricity Transmission Company, the Sovereign […]

  • U.S. and Fiji working on establishing green shipping corridor

    3 March 2023
    Business Developments & Projects, Research & Development

    The United States of America, the Republic of Fiji, and the Pacific Blue Shipping Partnership have announced the intent to engage in technical cooperation to help facilitate the establishment of a green shipping corridor. 

  • New green corridors hub launched to accelerate shipping decarbonisation

    16 November 2022
    Business Developments & Projects, Collaboration, Ports & Logistics

    Zero-Emission Shipping Mission, which aims to accelerate international collaboration to scale and deploy new green maritime solutions, has launched ‘The Green Shipping Corridors Hub’ to support action to realise green shipping corridors.

  • Namibia gets $544 mln boost for green hydrogen production as it looks to catalyze shipping’s decarbonization

    11 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Transition

    Namibia, one of the world’s sunniest countries, is investing strenuous efforts in exploiting its abundant natural resources to produce renewable energy, most notably green hydrogen, and position itself as a renewable energy hub. “Namibia is comfortable with being a first mover in an industry that is nascent and one that is very hard to define. […]

  • ICS, Emirates Shipping Association to pursue COP28 goals under new MoU

    2 December 2022
    Authorities & Government, Collaboration

    ICS has signed a MoU with the Emirates Shipping Association for collaboration towards the UNFCCC Climate Conference COP28 and beyond.

  • Maersk sets sights on green methanol production in Jordan

    15 November 2022
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Research & Development

    Danish shipping and logistics giant A.P. Moller – Maersk has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources for cooperation in the field of green marine fuel production. The MoU was signed on the sidelines of the 2022 United Nations Climate Change Conference 2022 (COP27) held in Sharm El-Sheikh, […]

  • EIB to back Italy’s subsea link with €1.9 billion

    8 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Italian transmission system operator (TSO) Terna and the European Investment Bank (EIB) have signed a €500 million finance contract for the east section of the Tyrrhenian Link connecting Sicily with Campania. The loan is the first tranche of a total of €1.9 billion approved by the EIB for the Tyrrhenian Link which will connect Sicily with […]

  • US, Canada, and Mexico to boost clean hydrogen market in North America

    16 January 2023
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Market Outlooks, Outlook & Strategy, Research & Development, Transition

    The US, Canada, and Mexico have ‘committed to combatting the climate crisis’ by working together on the development of a clean hydrogen market in North America. At the conclusion of the North American Leaders’ Summit, the countries agreed to work together in six areas, including methane emissions reduction, electric vehicle chargers, and hydrogen. According to […]

  • Mitsubishi Power partners with Damietta LNG to enhance power supply reliability and availability

    1 November 2022
    Business Developments & Projects, Operations & Maintenance

    Mitsubishi Power, a power solutions brand of Japanese Mitsubishi Heavy Industries (MHI), has signed a long-term service agreement (LTSA) with Egyptian liquefied natural gas (LNG) producer Damietta LNG to enhance the reliability, efficiency and availability of power supply and protect LNG production at the plant. Damietta LNG is one of two LNG export plants in […]

  • DP World: Direct carbon emissions down by 5 per cent in 2022

    26 May 2023
    Business Developments & Projects, Infrastructure, Ports & Logistics, Project & Tenders

    DP World cut direct carbon emissions from its global operations by 5% last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon-neutral target. 

  • Fortescue to help Kenya step away from fossil fuels and use green ammonia

    8 November 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Australia’s Fortescue Future Industries (FFI) has signed a binding framework agreement with the Government of Kenya with an aim to fast-track the country’s development of an affordable green fertiliser supply chain and other hydrogen-based industries and its derivatives. The agreement was signed on 8 November on the sidelines of the 2022 United Nations Climate Change Conference […]

  • WaveRoller set to harness wave energy offshore Namibia

    4 May 2023
    Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    AW-Energy, a Finnish near-shore wave energy technology developer, has signed a memorandum of understanding with Kaoko Green Energy Solutions for the deployment of WaveRoller wave energy farms offshore Namibia.

  • Maersk, Siemens Energy, SCZONE get together to discuss green hydrogen projects

    21 October 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Danish shipping giant Maersk, German energy firm Siemens Energy and the Suez Canal Economic Zone (SCZONE) have met to discuss green hydrogen projects ahead of the 2022 United Nations Climate Change Conference (COP27) summit in Egypt. During the meeting, the parties discussed the framework of the feasibility studies carried out by the companies in preparation for […]