In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ
Dutch oil & gas exploration and production operating company ONE-Dyas plans to power a platform at a North Sea gas extraction field solely by the electricity from the Riffgat offshore wind farm in the German part of the North Sea. ONE-Dyas, together with partners Hansa Hydrocarbons and EBN, aims to
On 29 April, Bermuda-based ship owning and chartering company SFL Corporation Ltd. successfully placed $150 million in senior unsecured sustainability-linked bonds due 12 May 2026.
South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for two dual-fuel LPG carriers from compatriot Hyundai LNG Shipping. The 91,000 cbm ships are expected to be built at DSME’s Okpo yard and delivered to shipowners by the fourth quarter of 2023. The c
Ships with scrubbers will emit at least 10 gigatonnes (Gt) of scrubber washwater each year absent additional regulations, the International Council on Clean Transportation (ICCT) said in a report. As disclosed, the entire shipping sector carries about 11 Gt of cargo each year. Nearly all of the wash
The International Maritime Organization (IMO) and Germany have teamed up on a project to identify opportunities and solutions to prevent and cut transport emissions in Asia.
University researchers from UK and Germany have conducted a study on turbulent tidal flows and their effect on foraging habits of seabirds which could potentially allow them to predict how species might respond to the increased future development of ocean renewable energy sites and climate change.
Cargotec has committed to reducing the CO2 emissions of its value chain by 1 million tons by 2024.
Scandinavian Biogas Fuels International AB has decided to invest approximately NOK 170 million (about $20.7 million) in a liquid biogas plant (LBG) in Skogn, outside Trondheim, Norway.
Singapore-based Ocean Network Express (ONE) has completed the second trial of sustainable marine biofuel onboard the M/V MOL Experience. This time around the trial involved a three times higher mixing ratio in biofuel content. M/V MOL Experience was refuelled with marine biofuel during bunkering at
Bermuda-based ship owner and charterer SFL Corporation Ltd. is to order two new dual-fuel 7,000 CEU car carriers that will be chartered out to an unnamed European automobile manufacturer.
Of the 204 ships broken in the first quarter of 2021, 155 ships were sold to the beaches of South Asia, notorious for poor work safety and environmental practices, the latest report from NGO Shipbreaking Platform shows. According to the report, Greek ship owners sold the most ships to South Asian ya
The Isle of Man Ship Registry (IOMSR) has become the first flag state to formally back the Eyesea initiative, the not-for-profit organisation formed last year to map marine pollution.
The South Korean government unveiled plans to develop a testbed to accelerate the development of carbon-neutral vessels.
