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Business Developments & Projects

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Business Developments & Projects

Tristar orders hybrid electric bunkering vessel in Türkiye

The United Arab Emirates-based maritime and logistics company Tristar Group has signed an agreement with Türkiye’s Akdeniz Shipyard for the construction of a hybrid bunker barge for the UAE.

about 2 years ago

Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, President and CEO of QatarEnergy; Source: QatarEnergy

Business Developments & Projects

While advocating stronger cooperation, QatarEnergy CEO calls for ‘realistic and scientifically based’ energy transition pathway

QatarEnergy’s CEO has urged Arab countries to bolster their cooperation efforts in the evolving energy landscape to address the energy transition challenges.

about 2 years ago

Business Developments & Projects

Masdar-AD Ports collab seeks to develop green hydrogen hub in KEZAD

UAE-based port operator AD Ports Group and compatriot clean energy company Masdar have signed a memorandum of understanding (MoU) to jointly explore the development of a green hydrogen production hub within the Khalifa Economic Zones Abu Dhabi (KEZAD). The MoU, signed on the sidelines of the UN Clim

about 2 years ago

António Guterres, UN Secretary-General; Credit: UNFCCC/Kiara Worth

Business Developments & Projects

COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

12 minutes read

Illustration; Source: The International Energy Agency (IEA)

Business Developments & Projects

COP28’s impact on LNG spree: Will decarbonization moves throw oil & gas players off their game?

Will the anticipated global build-out of liquefied natural gas (LNG) projects continue or will many of these projects come to an abrupt end?

15 minutes read

Business Developments & Projects

Can shipping go beyond the COP28 razmataz and deliver on net zero targets?

Following a day of active discussions at the Shaping the Future of Shipping: Delivering a Net Zero World summit yesterday, 60 maritime organisations and government partners agreed on a course to deliver the IMO’s net-zero strategy at Shaping the Future of Shipping, an event hosted by the Internation

about 2 years ago

Business Developments & Projects

WSC: We need to get regulations right in next two years to ensure renewable fuels’ availability

In a bid to secure a competitive landscape for the availability of renewable fuels to power maritime vessels, energy providers need to have regulatory frameworks established within the next two years. The call comes with the recognition that substantial investments in new fuels are imminent, conting

about 2 years ago

Business Developments & Projects

Brazilian delegation visits Yinson’s FPSO undergoing conversion works in Dubai

Yinson Production has hosted dignitaries from Brazil, who came to visit an FPSO, destined to work at Enauta’s field off the coast of Brazil.

about 2 years ago

Business Developments & Projects

‘West Green Shipping Corridor’ to link North America and Asia

Canada has signed a memorandum of understanding (MOU) to pursue the establishment of a green shipping corridor between Canada’s West Coast and ports in the United Arab Emirates, Korea and Japan.

about 2 years ago

Business Developments & Projects

UAE bans ship beaching in new recycling regulation

The United Arab Emirates (UAE) is introducing a comprehensive ship recycling regulation aimed at curbing environmentally harmful practices and promoting responsible ship ownership. The UAE Ship Recycling Regulation (UAE SRR) explicitly prohibits beaching and landing activities, emphasizing the need

about 2 years ago

Business Developments & Projects

ADNOC and MHI add new link to UAE-Japan low-carbon fuel value chain

UAE’s Abu Dhabi National Oil Company (ADNOC) and Japan’s Mitsubishi Heavy Industries (MHI) have agreed to explore potential opportunities for collaboration on the development of value chains for blue ammonia and blue hydrogen. The companies formalized their intention through an agreement signed on D

about 2 years ago

Business Developments & Projects

Masdar, Dutch firms advance hydrogen export plans to Amsterdam port

Abu Dhabi-based clean energy company Masdar and its Dutch partners Port of Amsterdam, SkyNRG and Zenith Energy Terminals have signed a joint study agreement (JSA) to assess the feasibility of a dedicated liquefied green hydrogen supply chain for Masdar-produced hydrogen to the port of Amsterdam. Und

about 2 years ago

Business Developments & Projects

The Sea Cargo Charter to revamp reporting ambitions

The Sea Cargo Charter (SCC) plans to revise its reporting ambitions, aligning its trajectory with emission reduction goals in response to the International Maritime Organization’s (IMO) revised greenhouse gas (GHG) strategy adopted during MEPC80 in July 2023. The SCC said it was set to expand its cu

about 2 years ago

Business Developments & Projects

PIL and DP World team up to decarbonize global supply chains by using alternative fuels

Singapore’s shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World have signed a memorandum of understanding (MoU) to jointly develop green solutions, such as using alternative fuels, to decarbonize global supply chains. PIL and DP World signed the agreement at the

about 2 years ago