As the maritime industry is looking for ways to reduce CO2 emissions and reach its ultimate goal of net zero, carbon insetting has emerged as a promising strategy. While some shipping companies have already pioneered carbon insetting, others still perceive it as uncharted territory.
New Fortress Energy has celebrated the first LNG production from its floating LNG (FLNG) facility, which is made up of three repurposed jack-up rigs off the coast of Altamira, Mexico.
The NSTA has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Group.
To support the development of the European hydrogen market, the European Union (EU) has, among other activities, adopted a regulation and a directive establishing internal market rules for hydrogen and started work on a pilot mechanism that aims to accelerate investments. However, major European hyd
Venture Global has made inroads in securing all required approvals for its LNG export facility under construction in Plaquemines Parish, Louisiana.
Finnish shipbuilder Rauma Marine Constructions (RMC) has held a launching and naming ceremony for TT Line’s second car and passenger (RoPax) ferry, which will be powered by liquefied natural gas (LNG).
KBR has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a country-wide “masterplan” for the production of 17 GW of renewables and 25 GW of green hydrogen by 2050.
Construction of the first methanol dual-fuel bunker tanker ordered by Fratelli Cosulich has begun in China.
Norwegian vessel owner DOF Group has secured multiple new contract awards that will see another three of its vessels working for Brazilian oil and gas giant Petrobras. Anchor handling tug and supply (AHTS) vessels Skandi Jupiter and Skandi Mercury, under management contracts with DOF, have been cont
Ports of Indiana and Port of Antwerp-Bruges have signed a Memorandum of Understanding (MoU) to advance key economic and environmental port initiatives.
U.S. DOE was urged to reject the request for immediate action on an application to export LNG from Lake Charles to non-FTA countries.
Sikania II Hybrid, a hybrid roll-on/roll-off passenger (RoPax) vessel set to greenify passenger travel between Villa San Giovanni (Reggio Calabria) and Messina, Italy, has been launched in Greece.
Canada’s Tenaz Energy has set the stage to become the second largest operator in the Dutch sector of the North Sea (DNS) by acquiring all of the issued and outstanding shares of NAM Offshore.
Italian marine classification society RINA has become a member of the European Industrial Alliance on Small Modular Reactors (SMRs) which aims to facilitate and accelerate the development, demonstration and deployment of SMRs in Europe by the early 2030s.
