Japanese shipping company MOL Drybulk and the UK-based renewable energy company Drax Group have formed a partnership to reduce emissions and fuel costs associated with shipping biomass by deploying wind power technology on vessels. As part of their partnership, the companies plan to facilitate the d
Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into agreements for the construction of three 85,000 dwt ECO-type dual-fuel vessels.
PIL has joined the World Shipping Council (WSC), a U.S.-based trade association representing the international liner shipping industry.
United Oil & Gas’ North Sea discovery, envisioned as a subsea tie-back, has been valued at £109.1 million on an unrisked basis.
CorPower Ocean and energy academics from Edinburgh University have completed a rigorous Life Cycle Assessment (LCA) of a wave energy array, showing its global warming potential to be 20-40 times lower than conventional fossil fuel electricity generation.
Classification society Korean Register (KR) has signed a memorandum of understanding with ship management company Korea Leading Company of Ship Management (KLCSM) and shipbuilder Samsung Heavy Industries (SHI) for joint research and commercialization of autonomous navigation systems for mid- to larg
The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world w
Two NGOs have demanded from the top ten container giants to invest a minimum of $95 billion of this year’s mega-profits in kick-starting their own upgrade to zero-emission propulsion.
Minesto has informed that the commissioning results of its Dragon Class tidal power plant in Faroe Islands have verified commercial performance and are fully in line with simulation results.
A decommissioned North Sea platform – SEE MONSTER – is on its way to be reimagined into the world’s first & only repurposed offshore platform.
Thirteen members have launched the Blue Visby Consortium which is aimed at helping the shipping industry eliminate the wasteful practice of “Sail Fast, then Wait” (SFTW) through a collaborative platform.
Renewable Energy Agency (IRENA) sees the green hydrogen trade as significantly contributing to a more diversified and resilient energy system.
Scottish company Mocean Energy has begun tank testing models of its 250kW Blue Horizon wave energy machine as part of the EU-funded EuropeWave program.
NYK has embarked on a new collaboration aimed at reducing GHG emissions from existing ships by combining energy-saving devices.
