The black swan year of 2020 has brought many challenges for the shipping industry, including the ongoing crew change crisis, but it has also shown how the sector can be resilient in the face of adversity and pressure. Gavin Allwright, Secretary-General of the International Windship Association (IWSA
The United States House of Representatives has passed a bipartisan legislation to increase federal investments in marine energy under the Water Power Research and Development Act.
Maersk, the world’s largest container shipping company, tops the list of 12 liner companies based on their sustainability performance reporting and planning, the Gliese Foundation said. The company won 4.9 stars out of possible 5.0, the foundation said. As explained, the company’s 2019 sustainabilit
The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad.
UME Shipping LLC, United Arab Emirates, has bought the battery-powered M/S Wasa Express ferry from Finnish/Swedish shipowner Kvarken Link. Kvarken Link is presently building the M/S Aurora Botnia replacing the Wasa Express in May 2021, which will be managed by its subsidiary Wasaline. M/S Wasa Expre
The coastlines of Washington and Oregon hold the most promising areas for the extraction of clean power from West Coast waves, according to a recent study published by the researchers at the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL).
Italian oil and gas company Eni, CDP, and Snam have signed a Letter of Intent to start a strategic collaboration for the energy transition.
The Port of Rotterdam, Europe’s leading trading hub, has become part of a feasibility study named HySupply to explore what role could the port play in the possible creation of a new trade corridor for hydrogen. The project is led by Germany, which is investing heavily in hydrogen, and it is focusing
Eagle Bulk Shipping, one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, has become a signatory to the Sea Cargo Charter. The charter, which was launched in October 2020, provides a global framework for aligning chartering activities with responsible environmen
Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets.
Navis, a part of Cargotec Corporation engaged in providing operational technologies and services to bolster terminals’ performance efficiency, has identified its top predictions and trends that will drive the shipping industry and the technology that will be most impactful for meaningful operations
Anglesey tidal energy project, Morlais, is set to become one of the first projects to benefit from the proposed £240 million North Wales Growth Deal.
Shearwater GeoServices has signed new debt and guarantee facilities totalling $437 million, as part of the planned refinancing of the company’s maturing debt.
A revised Strategy from the UK OGA, featuring a range of new net-zero obligations for the UK oil & gas industry, was submitted before the UK Parliament.
