UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the EU Innovation Fund for what is said to be the first-of-its-kind large-scale solution for CO2 sequestration using shared, flexible offshore infrastructu
The UK government has awarded £1.4 million (circa $1.8 million) in funding to 25 ‘innovative’ transport projects across the country, aiming to drive economic growth and support the UK’s transition to a cleaner, more efficient system across transport sectors. As per the UK Department for Transport, t
A consortium of partners is looking to establish an essential hub for low-carbon hydrogen and CO2 management in the Mediterranean within Port-La Nouvelle.
Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e
Singapore-based shipping company Ocean Network Express (ONE) has made significant progress in implementing its green strategy as it achieved a 62% reduction in Scope 1 emissions intensity in FY2023, compared to a 2008 baseline.
The conclusions of the initial studies on the e-methanol project Green Coast will be communicated in 2025, according to Lhyfe and Elyse Energy. The project is currently under development and is subject to the granting of operating licences, building permits and financial investment decisions.
The United States Maritime Administration’s (MARAD) Office of Environment and Innovation has selected ABS to establish and maintain the U.S. Center for Maritime Innovation under a five-year cooperative agreement.
The onboard carbon capture and storage (OCCS) technology has the potential to help maritime transport significantly reduce its greenhouse gas emissions; however, many challenges still need to be addressed, a new study has shown.
Germany’s government has unveiled the National Action Plan for Climate-Friendly Shipping to boost investments centered around maritime energy transition for the German industry.
The UK Chamber of Shipping has published a roadmap laying out the ways shipping in the UK could reach net-zero emissions by 2050 with a proposed plan for £700 million (circa $915.5 million) worth of investments in the upcoming Budget as part of efforts to aid the country in becoming a clean and ecol
Ports in the Atlantic area are one step closer to deploying and using green hydrogen-based technologies through the HYDEA project with a new interactive map containing information on main initiatives and most promising hydrogen applications and opportunities. Launched in November 2023 by the consort
Following the conclusion of the 82nd session of the IMO Marine Environment Protection Committee (MEPC 82), the progress made toward finalizing the net-zero framework, set for approval at the ‘critical’ MEPC 83 meeting in April next year, appears to be ‘on track’ as the maritime industry continues it
Japanese shipping major Mitsui O.S.K. Lines (MOL) has revealed the decision to merge three group subsidiaries responsible for maritime technology and engineering to form a technical hub that will aid the maritime industry on the decarbonization path. Namely, MOL Marine & Engineering (MOLMEC), MOL Oc
The International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has urged countries to focus on solutions and areas of convergence as ongoing negotiations on cutting emissions from ships at the Marine Environment Protection Committee (MEPC 82) begin this week in London.
