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Outlook & Strategy

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Berge Bulk Olympus
Outlook & Strategy

IWSA: More wind-powered ships than large cargo vessels running on low and zero-carbon fuels

The International Windship Association (IWSA) has issued an open letter to the Heads of State and delegates at the 28th Conference of the Parties of the UNFCCC (COP 28), urging them to recognize the vital role of direct wind propulsion in the decarbonization of the maritime sector. This appeal, alig

about 2 years ago
SCZONE
Outlook & Strategy

SCZONE, Scatec ink $1.1 billion MoU for green bunkering in East Port Said

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On the sidelines of COP28, a $1.1 billion memorandum of understanding (MOU) for green bunkering in Egypt has been signed.

about 2 years ago
New joint study looking into Oman-Netherlands liquid hydrogen corridor
Outlook & Strategy

New joint study looking into Oman-Netherlands liquid hydrogen corridor

The Government of Oman and Hydrom have signed an agreement with Port of Amsterdam, Zenith Energy Terminals, and GasLog to jointly study the development of a liquid hydrogen supply chain that will deliver Omani green hydrogen to the Amsterdam port and onwards to Europe. The agreement was signed at th

about 2 years ago
MMMCZCS
Outlook & Strategy

Green corridor surge: initiatives soar to 44, doubling from last year’s count

The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co

about 2 years ago
DP World
Outlook & Strategy

DP World joins First Movers Coalition to spur decarbonization

Dubai-based port operator DP World has joined the First Movers Coalition (FMC), setting a target of 5% of its marine power to come from hybrid engines and zero-emission fuels by 2030.

about 2 years ago
CEOs
Outlook & Strategy

Shipping CEOs call for an end to fossil-only powered newbuilds

The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green

about 2 years ago
MMMCZCS
Outlook & Strategy

Training project for seafarers on zero-emission ships in the making

A new training project is being launched aimed at preparing seafarers for zero or near-zero emission ships as a way of addressing the imminent need for upskilling the workforce to operate advanced technological solutions and alternative fuels. The project was announced at the 2023 UN Climate Change

about 2 years ago
ACWA Power launches Uzbekistan’s first green hydrogen project
Outlook & Strategy

ACWA Power launches Uzbekistan’s first green hydrogen project

ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, and officials from Uzbekistan and Saudi Arabia have inaugurated the first phase of a 3,000-ton-per-year green hydrogen project in Uzbekistan. The project will be an integ

about 2 years ago
64% mull cutting maritime investments amid ESG concerns, reveals Woodrow study
Outlook & Strategy

64% mull cutting maritime investments amid ESG concerns, reveals Woodrow study

Some 64% of senior finance professionals in the UK are contemplating reducing their investment in the maritime sector because of Environmental, Social, and Governance (ESG) risks, according to a recent study from sustainability and communications consultancy Woodrow. The report sheds light on key ar

about 2 years ago
Live from Offshore Energy Exhibition & Conference 2023
Outlook & Strategy

Live from Offshore Energy Exhibition & Conference 2023

Welcome to the Live Blog! #OEEC2023 in a nutshell. Enjoy the highlights of the event in this video: Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 26 & 27 November 2024! Drinks at Navingo stand Offshore Energy Exhibi

about 2 years ago
IRENA
Outlook & Strategy

IRENA, DP World team up to decarbonize maritime logistics, port sectors

The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based port developer and operator, to advance decarbonization solutions for ports and maritime logistics.

about 2 years ago
Illustration/Orbital Marine’s O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

IEA-OES unveils international roadmap for 300GW of ocean energy by 2050

International Energy Agency’s Technology Collaboration Program on Ocean Energy Systems (IEA-OES) has released a roadmap that outlines a comprehensive strategy that will help to drive the global development of ocean energy.

about 2 years ago
LCO2
Outlook & Strategy

Interview: Almost every ocean-going ship type can become a CO2 carrier

In the ever-evolving landscape of maritime innovation, one topic has emerged as a beacon of change and promise – carbon capture in shipping. As global efforts to decarbonize intensify, the role of CO2 capture, liquefaction, and transport is expected to grow in importance, especially in line with the

about 2 years ago
DP World
Outlook & Strategy

DP World: Carbon emissions from UAE operations down by 50%

Dubai-based port operator DP World has managed to cut carbon emissions from its UAE operations by nearly 50% this year by accessing renewably produced power from the Dubai Electricity and Water Authority (DEWA).

about 2 years ago