According to the “Green hydrogen market forecast to 2030 – COVID-19 impact and global analysis – technology (alkaline electrolysis and PEM electrolysis), renewable source (wind energy, solar energy and others), end-use industry (chemical, power, food & beverages, medical, petrochemicals and others)
In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se
Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2
In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2
Kale Logistics Solutions (Kale) has published a readiness survey of 200 ports that revealed 30 percent are not prepared to adopt the International Maritime Organization’s (IMO) Maritime Single Window (MSW) mandate, which becomes compulsory worldwide from January 2024.
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, acco
The maritime industry remains an “easy target” for cybercriminals, and the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months, according to the research findings from law firm HFW and maritime cyber security company CyberOwl. The research reveal
Italian cabling giant Prysmian has completed the manufacturing of cables for the submarine power interconnection between Egypt and Saudi Arabia – the first-ever large-scale link between the Middle East and North Africa. Prysmian secured the contract worth about €221 million with the Egyptian Electri
Houston-based oil and gas company Marathon Oil has entered into an LNG sales agreement with Glencore for the Alba field in Equatorial Guinea, effective from next year. Through its wholly-owned subsidiaries, Marathon Oil entered into a five-year firm LNG sales agreement with Glencore Energy UK for a
Golar LNG, an owner and operator of marine LNG infrastructure, has announced that FLNG Hilli Episeyo offloaded its 100th LNG cargo on Saturday, October 14. According to the company, the 100th cargo was loaded onto MV Energy Integrity. Golar LNG emphasized that Hilli, the 2.4 mtpa floating liquefacti
Yinson Production, together with client Azule Energy, is set to pilot an offshore carbon capture and storage (CCS) plant on the floating production storage and offloading (FPSO) vessel Agogo in Angola. The plant, said to be the world’s first post-combustion carbon capture unit installed onboard an F
As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as
