The global energy sector’s transition from fossil-based systems of energy production to renewable energy sources is proving to be an increasingly challenging goal to attain, especially in the context of current energy security and supply setbacks. However, offshore renewable energies – mainly offsho
French container shipping and logistics major CMA CGM has ordered seven containerships powered by biogas that will serve the French West Indies.
Newfoundland-based Port of Argentia and Torrent Capital have set up a joint venture company, Argentia Capital Inc, which will focus on the construction of port infrastructure, and investments in upcoming renewables and oil and gas projects. The establishment of the joint venture comes ahead of a hos
MS Medstraum, the world’s first fully electric and zero-emission fast ferry, was named at a ceremony in Stavanger, Norway, on 22 September 2022.
Carbon Ridge has raised $6 million in funding to continue the development of its OCCS technology for an onboard pilot in 2023.
Classification society DNV has signed a Memorandum of Understanding (MOU) with the Singapore Institute of Technology (SIT) to advance net-zero ambitions in Singapore’s maritime sector and support the new generation workforce. As part of the three-year partnership, DNV Maritime Decarbonization & Auto
Ten companies have joined the Cargo Owners for Zero Emission Vessels (coZEV) initiative launched by cargo owners that aim to switch all of their ocean freight to vessels powered by zero-carbon fuels by 2040. The latest signatories of the platform include Beiersdorf, Dupont, Electrolux, ETTLI Kaffee,
Cruise company Hurtigruten Norway has launched its first environmentally upgraded battery-hybrid powered ship, MS Richard With.
Swedish shipping company Furetank has signed a contract for the construction of two more dual-fuel tankers. The 17,999 dwt tankers have been ordered from China Merchants Jinling Shipyard in Yangzhou, and they are set for delivery in fall 2024 and spring 2025 respectively. The Vinga vessels have dual
30 shipping banks and 17 marine insurance providers and brokers announced today that the Poseidon Principles will add additional trajectories to report climate alignment with a 1.5C future.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for the construction of two liquefied natural gas (LNG) carriers.
More than 200 industry leaders have endorsed strategies from the Mission Possible Partnership (MPP) to decarbonise some of world’s hardest-to-abate, carbon-intensive industries in this decade.
A broad coalition of 35 maritime companies supported by Transport and Environment NGO are urging the European co-legislators to add ships under 5,000 GT including offshore and service vessels into EU regulations targeting decarbonization of the shipping industry. A joint letter addressing the EU Par
Classification society DNV has awarded approval in principle (AiP) to SBM Offshore, the Dutch-based provider of floating production solutions to the offshore energy industry, for its ammonia terminal. The approval was awarded to SBM Offshore and Imodco for the Imodco ammonia catenary anchor leg moor
