Business Developments & Projects
Mærsk Mc-Kinney Møller Center outlines 4 key actions to fast-track decarbonization
The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry closer to the Paris 1.5°C trajectory, according to Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. International and domestic shipping uses approximately 12.6 EJ
Anglo-Eastern, MAN ES to work on digital solutions and engine performance
German engine manufacturer MAN Energy Solutions (MAN ES) and Hong Kong-based ship manager Anglo-Eastern Ship Management Ltd have signed a cooperation agreement to work on the development of digital products and testing of engine performance.
Van Oord’s new cable-laying vessel drops anchor in Norway
Van Oord’s new cable-laying vessel Calypso has arrived in Norway where it will undergo the installation of cable carousels, as well as other finishing touches. Work on the first of two cable carousels has already started at VARD’s Brattvaag shipyard in Norway, where the construction of Calypso will
Unions, employers sign pact to keep pandemic cooperative spirit alive as decarbonization challenges loom
Unions representing seafarers and maritime employers have signed a new memorandum of understanding (MOU) to take forward the ‘spirit of cooperation’ that marked the shipping industry’s joint efforts throughout the pandemic. The MOU’s signatories are the International Transport Workers’ Federation (I
Shelf Drilling finds work for two jack-up rigs in Italy
Shelf Drilling has secured long-term deals for two jack-up rigs with Italy’s energy giant Eni for operations in the Adriatic Sea off Italy.
Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms
UK’s Unite the union has confirmed that hundreds of offshore workers have decided to down their tools and take industrial action.
Aker Carbon Capture joins UK carbon capture and storage project
Aker Carbon Capture is joining UK recycling, renewable energy and waste management company Viridor on a pre-FEED study for a carbon capture and storage (CCS) project nearby Liverpool, which is set to be one of the first large-scale carbon capture projects at an energy-from-waste facility in the worl
Oldendorff blasts CII calling for urgent revision
IMO’s new Carbon Intensity Indicator (CII) regulations will not help the environment and may actually lead to higher rather than lower emissions, German dry bulk carrier owner and operator Oldendorff Carriers said. The company released a study that delves into the rating scheme pointing to examples
26 LNG-powered ships to join Ocean Alliance Day 7
Members of the OCEAN Alliance, CMA CGM, COSCO Shipping Lines, OOCL and Evergreen have signed the Ocean Alliance Day 7 Product, which will launch in January 2023 with 40 services and an annual capacity of 22.4 million TEUs. It has been announced that 26 dual-fuel, LNG-powered CMA CGM ships would be a
MAN showcases methanol-ready engine from testbed, says it can keep vessels compliant until 2050
German engine manufacturing powerhouse MAN Energy Solutions demonstrated today the performance of its new dual-fuel four-stroke 49/60DF engine from the testbed in Augsburg, Germany. Based on the information presented today, MAN claims that its 49/60 DF engine offers a feasible decarbonization pathwa
UK and US forge energy alliance to ‘bring down prices and help end dependence on Russian energy once and for all’
UK and US have formed a new energy partnership to increase energy security and drive down prices, as part of an initiative announced today by Prime Minister Rishi Sunak and US President Joe Biden. Under the new ‘UK-US Energy Security and Affordability Partnership’, the parties will work together to
INTERCARGO: CII cannot be used to achieve desired decarbonisation goals
The International Association of Dry Cargo Shipowners (INTERCARGO) has joined the critics of the Carbon Intensity Indicator (CII) framework voicing opposition to its use as a benchmark for medium-term measures as part of the IMO’s revised GHG Strategy. INTERCARGO said that its members expressed thei
NKT eyes faster offshore cable repair ops with new storage solution
NKT has introduced a new long-term storage solution for submarine power cables, said to enable faster offshore repair operations. The new solution is said to use specialized storage baskets and provide easier logistics and faster mobilization in case of unexpected cable repairs. With this, NKT said
WES books test facility in search of ‘ideal’ wave and wind hybrid platform
Wave Energy Scotland (WES) has selected FloWave research facility of the University of Edinburgh to conduct tank testing campaigns of potential hybrid platforms which combine wind and wave energy technologies.