TFG Marine, a joint venture bunker company formed by commodity trader Trafigura and shipping firms Frontline and Golden Ocean in 2020, will start bunkering operations this month for vessels at the Falmouth Anchorage, off the South West Coast of the United Kingdom, the company said.
The latest survey on the UK’s Subsea sector has revealed an improved outlook for the industry with less anticipated redundancies, greater optimism and new geographical markets. Industry body, Subsea UK, surveyed its 300 members in early July and then again in late November 2020 to provide insight in
U.S. oil company Occidental Petroleum claims that it is doing more than American electric vehicle and clean energy company Tesla to reduce greenhouse gas emissions.
Cruise major Royal Caribbean Group has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a New York-based private equity firm.
Maersk expects to resolve safety and all other issues faced by ammonia and fuel types based on alcohols in two to three years, clearing the way to order the first ships to run on these fuels in the next three years, the company’s CEO Søren Skou said in a podcast hosted by Global Optimism. The [&hell
Engineering and construction solutions provider McDermott has secured a study to research opportunities to expand current liquid hydrogen storage capacity limits, through its unit CB&I Storage Solutions.
Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell (SOFC) technology. Funded by a grant from Danish Energy Technology Development and Demonstration Prog
For the first time in several years, the Port of Amsterdam saw a significant decline in transhipment volumes in 2020, citing both coronavirus and energy transition effects.
UK’s investment company Tufton Oceanic Assets Limited has expanded its fleet with two containerships fitted with exhaust gas cleaning systems (scrubbers).
The VindØ consortium has revealed its vision of the world’s first energy island. The VindØ consortium comprises two of Denmark’s largest pension funds, PensionDanmark and PFA, and Denmark’s largest utility company, Andel. The artificial island, made of submersible concrete boxes, is to be built in t
A new group has acquired the business assets of the Australian tidal energy project and technology company MAKO Tidal Turbines following its voluntary entry into administration late in 2020.
Norwegian energy major Equinor, in collaboration with Saipem company Moss Maritime, plans to build and test a pilot floating solar plant off Frøya in Norway in the late summer of 2021.
As the first in the international shipping industry, Norway’s Odfjell SE has successfully issued a sustainability-linked bond.
American Bureau of Shipping (ABS) has joined the International Windship Association (IWSA), the not-for-profit organisation that promotes and helps facilitate the uptake of direct wind propulsion solutions for commercial shipping. The move is being announced as ABS increases its involvement with win
