Outlook & Strategy
EU and South Korea launch Green Partnership
The European Union (EU) and South Korea have established a Green Partnership to strengthen bilateral cooperation and exchange best practices on climate action, clean and fair energy transition, protection of the environment and other fields of the green transition. The partnership was launched in Ko
BVS, Engie establish low-carbon advisory and risk management partnership
French Bureau Veritas Solutions Marine & Offshore (BVS) and compatriot energy company Engie have formed a low-carbon advisory and risk management partnership for the shipping industry.
Seven ‘major’ oil & gas players join phase II of JIP assisting with improving wellhead, riser fatigue estimates
Acteon’s subsidiary 2H Offshore has launched the second phase of its measurement-based wellhead fatigue joint industry project (JIP).
Damen Shipyards, Boluda Towage form zero-emission tug alliance
Dutch shipbuilding major Damen shipyards has inked a partnership agreement with Boluda Towage, part of Spain’s Boluda Corporación Marítima, aimed at bringing zero-emission tugs to Europe. In the harbour and towage sector, electric and methanol-fueled propulsion systems currently offer the best and m
KCC inks deal for three wind-assisted CABU III ships, ready for conversion to zero-emission fuels
Oslo-listed shipowner Klaveness Combination Carriers (KCC) has entered into a deal with Chinese shipbuilder Jiangsu New Yangzi Shipbuilding Co for the construction of three third generation (CABU III) vessels. The company said that the CABU III newbuilds will introduce a new standard of efficiency w
G7 upping the green and low-carbon ante while gas is still king of energy throne
The G7 stresses the role gas, especially LNG, can play in propelling the transition to clean energy forward.
Gasgrid and Fingrid draft three scenarios for Finnish hydrogen economy
Gasgrid Finland, a Finnish state-owned company and transmission system operator, and compatriot transmission system operator Fingrid have drafted three different scenarios in the joint project exploring the possibilities of the hydrogen economy and analysing its effects on the Finnish energy system.
Trafigura points to Global South’s potential in decarbonising shipping with Hydrogen-based fuels
Swiss commodity trading house Trafigura has released new research emphasizing the pivotal role that hydrogen-based fuels will play in decarbonising the shipping sector. The study highlights the significant potential for countries in the ‘Global South’ to produce green ammonia and green methanol, mee
Seaspan and partners reveal design of 15K TEU NH3-powered containership
Seaspan Corporation and its partners have unveiled the design of the 15,000 TEU ammonia-powered container vessel in Copenhagen at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping Accelerate Partner Summit. Seaspan has been leading the design project in close collaboration with the Mærsk Mc
GOGL welcomes into the fleet two ECO-type, dual-fuel-ready Kamsarmaxes
Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has taken delivery of the first two out of ten ECO-type dual-fuel ready Kamsarmax newbuildings, built by China’s Dalian Shipbuilding Industry Corp. The two bulkers, each with 85,000 dwt, have been named Golden Star and Golden L
Dutch govt earmarks €180 million to advance shore power in seaports
The Dutch Ministry of Infrastructure and Water Management intends to allocate a sum of €140 million towards supporting the implementation of shore power installations within seaports. Additionally, an extra €40 million will be contributed from the climate fund, the ministry said. Shore power, also k
BIMCO: 15,000 vessels set to be recycled by 2032
Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the previous ten years, BIMCO estimates. As recycling volumes increase, it is increasingly important that th
Another crack at lawsuit against Shell board on the cards over ‘failing to move away from fossil fuels fast enough’
After the lawsuit against Shell’s board of directors was thrown out of court recently, ClientEarth hopes to turn things around at a hearing.
DMEC launches innovation challenge for offshore test support
Dutch Marine Energy Centre (DMEC) has opened an innovation challenge for technology developers seeking support for their offshore test campaigns.