Russia’s largest shipping company PAO Sovcomflot (SCF Group) has signed a new $110 million credit facility to finance two new ice-class shuttle tankers.
A new global alliance has been announced during the COP26 summit in Glasgow, aiming to seek a managed phase-out of oil and gas production.
Marine planning and environmental consultancy MarineSpace has secured a contract from Menter Môn related to the environmental monitoring for the Anglesey tidal energy project.
Norwegian RoRo shipping company Höegh Autoliners has decided to launch a private placement of new shares and list the company’s shares on Euronext Growth Oslo in order to accelerate decarbonization investments. As informed, the private placement is expected to raise gross proceeds in the region of N
Lime Petroleum has inked a deal with Nautilus Carbon Services to take part in a carbon capture and storage (CCS) project in Norway.
As the final day of the COP26 conference is approaching, the pressure to end the era of fossil fuels is mounting and all eyes are on Glasgow.
Norwegian oil and gas company Vår Energi is setting new climate goals, aiming to be climate neutral in Scope 1 and 2 activities by 2030.
Sustainable cargo initiative GoodShipping has unveiled a new partnership with 18 companies that will substantially reduce emissions from shipping.
Nineteen countries have signed a declaration to establish “green shipping corridors” — zero-emission maritime routes between two or more ports — in an effort to help the shipping sector decarbonize.
Baker Hughes and Shell have joined forces to speed up the energy transition and reach net-zero carbon emission goals.
CMA CGM Group and ENGIE join forces on industrial-scale production and distribution of synthetic methane and liquefied biomethane (BioLNG).
22 Governments and the European Commission, collaborating through Mission Innovation, have announced four missions to catalyse investment and action to make the clean energy technologies that will decarbonise the most challenging sectors.
Towage operator Svitzer, part of A.P. Moller – Maersk, has signed an agreement with naval architect company Robert Allan for the design of the world’s first fuel cell tug for harbour operations, running on green methanol.
Shipping is the critical enabler in the world’s transition to low carbon operations and needs government support to ensure it is at the front of the queue for next-generation fuels, ABS Chairman and CEO Christopher J. Wiernicki told delegates at COP26.
