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Energy Transition

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Norway: Northern Lights approved for CO2 storage expansion
Energy Transition

Norway: Northern Lights approved for CO2 storage expansion

The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per

about 1 year ago
K Line and Yinson Production set sights on LCO2 shipping and injection solutions
Energy Transition

K Line and Yinson Production set sights on LCO2 shipping and injection solutions

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K Line Energy Shipping, a London-based unit of Kawasaki Kisen Kaisha (K Line), has joined forces with Yinson Production, an owner and operator of floating production, storage and offloading (FPSO) vessels, to develop and market liquefied CO2 (LCO2) carrier and injection solutions.

about 1 year ago
Clarksons adds LCO2 focus to green transition offering
Energy Transition

Clarksons adds LCO2 focus to green transition offering

Clarksons Green Transition service, an in-house advisory offering by shipbroking and maritime services company Clarksons, has expanded to include liquified CO2 (LCO2).

about 1 year ago
AD Ports, ASRY to boost green ship recycling in Bahrain
Energy Transition

AD Ports, ASRY to boost green ship recycling in Bahrain

The UAE-based terminal operator AD Ports Group and the Arab Shipbuilding & Repair Yard Company (ASRY) have entered into three Heads of Terms (HoTs) agreements to collaborate on delivering marine services and developing ‘key’ maritime and port initiatives in Bahrain. As disclosed, the first HoT is di

about 1 year ago
DNV
Energy Transition

Quadruple or quicksand? DNV report flags CCS at ‘critical’ juncture

The carbon capture and storage (CCS) sector is approaching a ‘decisive’ turning point, with global capacity on track to grow fourfold by 2030, Norway’s classification society DNV has highlighted in a new report. Up to the end of the decade, DNV has shared in its “Energy Transition Outlook: CCS to 20

about 1 year ago
CMA CGM
Energy Transition

New EAC matchmaker service joins decarbonization race

A new independent matchmaker service for verified Environmental Attribute Certificates (EACs) has made its foray into the market with the goal of supporting companies in reducing their Scope 3 emissions across their supply chains. As disclosed, Carboninsets was created and launched to ‘unite’ cargo

about 1 year ago
MHI
Energy Transition

Mitsubishi Heavy Industries places bet on Japanese clean fuels production start-up

Japan’s Mitsubishi Heavy Industries (MHI) has opted to invest in iPEACE223, a compatriot start-up company focused on engineering the technology needed for the production of carbon-neutral, clean fuel from bioethanol. Through its investment in the Tokyo-headquartered venture, MHI stated that it would

about 1 year ago
Port of Brisbane sets out Vision 2060 to future-proof trade and drive sustainability
Energy Transition

Port of Brisbane sets out Vision 2060 to future-proof trade and drive sustainability

Australia’s Port of Brisbane (PBPL) has launched Vision 2060, a roadmap aimed at strengthening Queensland’s economic position, preparing trade infrastructure for future demands, and guiding the port’s shift toward greater sustainability and efficiency.

about 1 year ago
decarbonization
Energy Transition

Shipping’s decarbonization ambitions remain intact despite global turmoil

Despite rising global headwinds, including the slowing of renewable energy investments and geopolitical instability, the shipping industry’s decarbonization ambitions remain resilient, a new survey shows.

about 1 year ago
Gothenburg port takes ‘key measure’ to enable shore power for container and RoRo ships by 2030
Energy Transition

Gothenburg port takes ‘key measure’ to enable shore power for container and RoRo ships by 2030

Sweden’s Port of Gothenburg has taken the next step to enable shore power connection for container and car/RoRo ships before 2030 by awarding a contract for the construction of a transformer station that will serve the port’s container and car terminals.

about 1 year ago
MPA Singapore and Bureau Veritas deepen partnership on maritime digitalization and decarbonization
Energy Transition

MPA Singapore and Bureau Veritas deepen partnership on maritime digitalization and decarbonization

The Maritime and Port Authority of Singapore (MPA) and classification society Bureau Veritas (BV) have renewed their memorandum of understanding (MoU) to deepen collaboration in maritime digitalization, decarbonization, and talent development.

about 1 year ago
South Korean shipbuilding giant joins Mærsk Mc-Kinney Møller Center to pursue zero-carbon shipping solutions
Energy Transition

South Korean shipbuilding giant joins Mærsk Mc-Kinney Møller Center to pursue zero-carbon shipping solutions

South Korean shipbuilder HD KSOE has become a strategic partner to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMSZCS).

about 1 year ago
CMA CGM
Energy Transition

Industry giants eye e-methanol bunkering and export facility in UAE

AD Ports Group, Masdar, Advario, and CMA CGM Group have signed a collaboration agreement to explore the feasibility of developing an e-methanol bunkering and export facility at Khalifa Port and KEZAD, UAE.

about 1 year ago
Wah Kwong sets up clean fuels-focused subsidiary
Energy Transition

Wah Kwong sets up clean fuels-focused subsidiary

Hong Kong-based shipowner Wah Kwong has established a new subsidiary dedicated to the procurement and trading of clean fuels as part of its broader strategy to diversify and advance clean energy solutions for the maritime industry.

about 1 year ago