Navigator Gas, owner and operator of handysize liquefied gas carriers, and ethylene trader Marubeni Corporation have announced plans to achieve the world’s first carbon-neutral ethylene voyage. The voyage would become carbon-neutral by offsetting the CO2 emissions from the voyage by investing in an
“New technologies for greener shipping” has been chosen as the World Maritime theme for 2022, reflecting the need to support a green transition of the maritime sector into a sustainable future, while leaving no one behind, the International Maritime Organization (IMO) said.
Swedish-Israeli onshore wave energy developer Eco Wave Power has closed its underwritten initial public offering (IPO) on Nasdaq, collecting $9.2 million in gross proceeds.
UK’s OGA has revealed that the decommissioning cost estimate has fallen to £46 billion (about $63.7 billion), the fourth year-on-year fall.
Sustainable Marine’s new turbine rotors have proven they can survive for two decades in the field, following rigorous tests at marine energy centre of the National University of Ireland.
Three oil and gas majors are supporting a research project from GHGSat to assess the feasibility of its methane monitoring technology.
Swiss container shipping giant Mediterranean Shipping Company (MSC) is among “Europe’s top 10 climate polluters,” according to the Transport & Environment (T&E) report.
The European Marine Energy Centre (EMEC) has, on behalf of Orbital Marine Power, opened up a consultation on the decommissioning programme for the second 2MW floating tidal turbine – the O2.2 – planned for Orkney waters.
2021 will be the first year in the history of container shipping when carrier profits approach $100 billion and average freight rates jump by 50%, UK-based shipping consultancy Drewry believes. The profit surge is driven by huge operational disruptions as ports battle congestion and lack of equipmen
Dutch tidal energy company SeaQurrent has made progress with the preparation of the test site offshore the island of Ameland in the Wadden Sea ahead of the upcoming demonstration of its full-scale TidalKite device.
Norwegian exhaust gas production firm Yara Marine Technologies has acquired Lean Marine, a company specializing in automated fuel-saving and performance management solutions for vessels. The move is in line with the company’s expansion plans beyond scrubbers, a market that took a major plunge during
Swedish marine energy developer Minesto has improved power production performance through upgrades and modifications of its DG100 tidal kite system, as key aspects of test operations and electricity production get third-party verified by DNV.
Since 1 July, Tallink Grupp’s vessels Silja Europa and Baltic Queen have switched to using shore power at the Port of Tallinn’s Old City Harbour during their port stays.
Wave Energy Scotland (WES) has selected three companies to share nearly £1.8 million to demonstrate their quick connection systems which are expected to bring down the cost of wave energy.
