Business & Finance

Shipbuilder delays delivery of LNG-powered Carnival Jubilee over supply-chain snags
German shipbuilding group Meyer Werft has postponed the delivery of the LNG-fueled ship Carnival Jubilee, which is being built for the US-based Carnival Cruise Line. The cruise ship is under construction at Meyer Werft in Papenburg, Germany. Meyer has notified Carnival that due to supply chain logis

Port of Antwerp-Bruges, partners net $152mln EU funding for CO2 transport project
Air Liquide, Fluxys Belgium and Port of Antwerp-Bruges have been granted €144.6 million ($152 million) for the construction of shared CO2 transport and export facilities on the Antwerp port platform.

Chantiers de l’Atlantique rolls out its 1st first SolidSail mast
French shipbuilder Chantiers de l’Atlantique has completed the manufacturing of its first carbon-fiber mast along with project partners Lorima, Multiplast, Avel Robotics, CDK Technologies and SMM. The project was launched three years ago when Chantiers de l’Atlantique gathered experts from the field

In focus: Gas still runs the show but bets on hydrogen threaten to steal it
Will the increase in investments enable hydrogen to dethrone gas as the key player in the energy decarbonisation game?

Meyer Turku floats out Royal Caribbean’s 1st LNG-powered cruise ship
Icon of the Seas, which is being built at the Meyer Turku shipyard, was launched on Friday, December 9, 2022. Over the weekend, the ship will be moved to the outfitting dock, where its now fully assembled hull will receive final outfitting. The shipyard celebrated the float-out with a ceremonial can

SolarDuck set to build Japan’s first offshore floating solar demonstrator
Dutch-Norwegian company SolarDuck has been awarded a contract to develop Japan’s first offshore floating solar power generation and automated sailing boat technology demonstrator together with local partners.

IMO ready to make the plunge toward zero emissions goal by 2050?
Countries seem to be prepared to phase out shipping’s emissions by 2050, based on the first rounds of technical talks at the UN’s maritime regulator International Maritime Organization (IMO). Furthermore, support appears to be building for the IMO to also adopt an ambitious 2030 interim target for c

Is gas greener than oil in terms of emissions?
While pondering whether gas is the green choice to bolster decarbonisation, Wood Mackenzie has been reviewing Scope 1, 2 and 3 emissions.

Industry calls for higher ambition in FuelEU, introduction of performance multipliers
Danish Shipping, Methanol Institute, and World Shipping Council are calling for increased ambition in the FuelEU, maximising GHG intensity reduction from 2035 to 2050 and supporting early use of green e-fuels. The FuelEU Maritime proposal requires ships to reduce the GHG intensity of their fuels by

Eco Wave Power signs deal for 77MW wave energy plant in Black Sea
Eco Wave Power has entered into an agreement with OREN Ordu Enerji for the potential construction of an up to 77MW wave energy installation in Ordu in Türkiye.

Tullow’s interim CFO taking on permanent role after new year
Tullow Oil has appointed its interim Chief Financial Officer (CFO) to the CFO role, effective from 1 January 2023.

WATCH: Shell’s giant new FPSO sets off to North Sea on board Boskalis vessel
With construction done, the FPSO destined for Shell’s oil & gas project off the UK is now on its way to the North Sea.

ELA Container gives a boost to ‘the lifesaver of the Dutch seas’
During Offshore Energy Exhibition & Conference in Amsterdam, ELA Container has expressed its support to the efforts of the Royal Dutch Rescue Society (KNRM), often referred to as ‘the lifesaver of the Dutch seas’. The company will supply a container to store and dry the KNRM survival suits for the v

Bill Gates-backed Blue World Technologies targets maritime with its methanol fuel cells
The Danish fuel cell manufacturer Blue World Technologies is readying to start series production of a fuel cell-based auxiliary power unit (APU) system running on methanol intended for the maritime market. The company wants its fuel cells to replace conventional diesel generators for power supply on