Swedish-Israeli wave energy company Eco Wave Power has released its financial report for the first quarter of 2022, showing a wider net loss and a drop in revenues compared to the same period in 2021. Eco Wave Power reported an increased net loss of SEK 6.7 million ($720,000) for the first three mon
International Maritime Organisation (IMO)-Norway GreenVoyage2050 project, launched to support developing countries in reducing greenhouse gas (GHG) emissions from ships, has been extended to December 2023.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed Rio Tinto as a strategic partner of the center, committing to a long-term strategic collaboration..
Dry bulk shipping company Safe Bulkers has entered into an agreement for the acquisition of two energy-efficient Kamsarmax class vessels as part of its fleet renewal strategy. The company has ordered two 82,500 dwt dry bulk newbuilds from an undisclosed Chinese shipyard, scheduled for delivery withi
Woodside has completed the merger with BHP, creating the “largest energy company listed on the ASX and a top ten global independent.”
The Group of Seven (G7) has launched the G7 Hydrogen Action Pact (G7-HAP), a joint initiative on low-carbon and renewable hydrogen, and its derivatives such as ammonia. The pact comes on the heels of the recently signed declarations through which some of the seven countries vowed to up their energy
The G7 countries have pledged to end direct international public financing of the fossil fuels sector starting from the end of this year.
Towage operator Svitzer, part of Maersk, has unveiled its decarbonisation strategy that will enable the company to become fully carbon neutral by 2040.
Norwegian transportation services providers Lovund Skyss and Sjøtind have both entered into agreements with energy company Gen2 Energy to develop solutions that will enable the use of hydrogen as a fuel for their ferries operating in Nordland, an area of Norway where ferry connections are an importa
The European Union leaders have decided to ban almost 90 per cent of Russian oil by the end of the year following an agreement on the sixth round of sanctions against Russia.
Eco Wave Power has received approval from Nasdaq First North Growth Market Sweden for the delisting of its common shares, as part of the move to shift its focus on the U.S. market.
Singapore-based shipping company Ocean Network Express (ONE) has signed shipbuilding contracts with two shipyards for the construction of ten eco-efficient very large container ships (VLCS) as part of its green strategy. As disclosed, South Korean shipbuilder Hyundai Heavy Industries and its Japanes
Yokogawa and Mitsubishi Heavy Industries have been selected to undertake an AI-enabled robot system project for the Nippon Foundation.
BW Energy has engaged the services of IFS to support its growth strategy, deliver operational efficiencies, and limit emissions.
