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Energy Transition

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Green MarineBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageCollaborationOutlook & StrategyTransitionAlternative FuelsAmmoniaClean FuelAuthorities & GovernmentInfrastructurePorts & LogisticsRegulation & PolicyVisionEnvironmentMarket OutlooksEnergy Efficiency & InnovationLNGPropulsionShipbuildingVesselsHydrogenRegulations & PolicyTransport & StoragePorts & InfrastructureInnovationRules & RegulationProductionValleys, Hubs & CorridorsResearch & DevelopmentFossil EnergyLow-Carbon TransitionPipesSubseaProject & TendersStorageMethanolOffshore Wind
K Line
Energy Transition

Japanese players and Woodside Energy join forces for CO2 capture and storage feasibility study

Japanese industry majors Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement, Kawasaki Kisen Kaisha (K LINE), and Australian energy giant Woodside Energy have signed a memorandum of understanding (MOU) to conduct a business feasibility study aimed at aggregating CO2 and transporting i

about 2 years ago
Rystad Energy
Energy Transition

Rystad Energy partners zero-carbon shipping center

Norway’s energy research and business intelligence company Rystad Energy has joined Denmark’s Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to advance the maritime industry’s role in the global energy transition.

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about 2 years ago
Singapore
Energy Transition

Singapore, Japan to create first ‘Green and Digital Shipping Corridor’

The governments of Singapore and Japan have signed a memorandum of cooperation (MoC) to establish first Singapore – Japan Green and Digital Shipping Corridor (GDSC), aiming to develop standards and best practices supporting the decarbonization, digitalization and growth of the maritime industry.

about 2 years ago
MOL
Energy Transition

MOL to issue world’s first blue bonds in shipping

Japanese shipping major Mitsui O.S.K. Lines (MOL) has decided to issue blue bonds through a public offering in Japan’s domestic market in January 2024.

about 2 years ago
Bernhard Schulte
Energy Transition

Bernhard Schulte orders LNG dual-fuel CO2 carrier backed by Northern Lights’ long-term charter

Germany-based shipowning company Bernhard Schulte has placed an order for its first CO2 tanker. The LNG dual-fuel newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and feature innovative technologies aimed at significantly reducing its carbon footprint such as wind propulsion an

about 2 years ago
Hydrogenious Clarksons
Energy Transition

Clarksons and Hydrogenious team up on large-scale commercialization of clean hydrogen

Clarksons Specialised Products, a unit of UK shipbroker Clarksons, has signed a Memorandum of Understanding (MoU) with Germany-based Hydrogenious LOHC Technologies to collaborate on a roadmap to establish a maritime supply chain for the bulk transportation of green hydrogen in chemical tankers using

about 2 years ago
Hydrotug2
Energy Transition

World’s 1st hydrogen-powered tug launched

The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the Port of Antwerp-Bruges. The port ordered the tug in 2019 from Antwerp-based Compagnie Maritime Belge (CMB) as part of its strategy of becoming a climate-neutral port by 2050. “Th

about 2 years ago
Masdar-AD Ports collab seeks to develop green hydrogen hub in KEZAD
Energy Transition

Masdar-AD Ports collab seeks to develop green hydrogen hub in KEZAD

UAE-based port operator AD Ports Group and compatriot clean energy company Masdar have signed a memorandum of understanding (MoU) to jointly explore the development of a green hydrogen production hub within the Khalifa Economic Zones Abu Dhabi (KEZAD). The MoU, signed on the sidelines of the UN Clim

about 2 years ago
ICS
Energy Transition

Can shipping go beyond the COP28 razmataz and deliver on net zero targets?

Following a day of active discussions at the Shaping the Future of Shipping: Delivering a Net Zero World summit yesterday, 60 maritime organisations and government partners agreed on a course to deliver the IMO’s net-zero strategy at Shaping the Future of Shipping, an event hosted by the Internation

about 2 years ago
Port Houston
Energy Transition

Houston, Antwerp-Bruges ports and partners pen energy transition accord

U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofne

about 2 years ago
Northern Lights CCS project grabs a slice of EU's Connecting Europe Facility funding
Energy Transition

Northern Lights CCS project grabs a slice of EU funding

The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture and storage (CCS) project under its Connecting Europe Facility (CEF) funding scheme. A total of eight cross-border energy infrastructure projects are getting a part of the EU funds. EU Member States have end

about 2 years ago
corridor
Energy Transition

‘West Green Shipping Corridor’ to link North America and Asia

Canada has signed a memorandum of understanding (MOU) to pursue the establishment of a green shipping corridor between Canada’s West Coast and ports in the United Arab Emirates, Korea and Japan.

about 2 years ago
Avance Gas
Energy Transition

Avance Gas sells ammonia-ready dual fuel VLGC newbuilds

Norwegian shipping company Avance Gas has agreed to sell its two remaining 91,000 cbm dual fuel newbuildings scheduled for delivery next year. The company said that the two newbuildings would be sold for $240 million en bloc. The buyer of the vessels was not disclosed. The very large gas carriers (V

about 2 years ago
COSCO
Energy Transition

COSCO, bp to bolster cooperation on hydrocarbons transportation, methanol bunkering and offshore wind

Chinese shipping major COSCO Shipping and global oil giant bp inked a Memorandum of Understanding (MoU) of strategic cooperation at Marintec in Shanghai. The strategic cooperation memorandum outlines plans to expand the scope of collaboration, exploring new avenues for cooperation. Key areas of focu

about 2 years ago