Business & Finance
The Netherlands plans its biggest offshore wind tender next year with four IJmuiden Ver sites likely to be auctioned off in one go
The Dutch Ministry of Economic Affairs and Climate Policy (EZK) plans to combine the first four IJmuiden Ver offshore wind sites for the purpose of putting them out to tender together. This means the sites III and IV will be auctioned next year, same as the sites I and II, instead of the initially p
Agreement signed for CO2 hub on Danish coast
German oil and gas company Wintershall Dea has signed a Memorandum of Understanding (MoU) with a consortium of companies to cooperate on the development of a CO2 hub in Denmark. The consortium plans to establish a CO2 hub called Greenport Scandinavia on the Danish North Sea coast, which is, among ot
EnBW books HEH’s Stade terminal for LNG and hydrogen imports
German energy company EnBW has revealed plans to import three billion cubic metres (cbm) of liquefied natural gas (LNG) per year via Hanseatic Energy Hub (HEH) in Stade. EnBW booked long-term capacity at HEH’s terminal in the past few days as part of a sales process and expects to make a significant
New contract to bring Solstad PSV a battery-hybrid system
Norwegian shipping company Solstad Offshore has won five-year contracts with Equinor UK for two of its platform supply vessels (PSVs), with one vessel set to be upgraded with a battery-hybrid system and shore power. The contracts were signed for PSVs Normand Naley and Sea Frost and both will run for
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
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
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
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.