Canada has the highest carbon emission intensity per barrel of oil equivalent produced, while Norway has the lowest, a Rystad Energy analysis shows.
US-based ship owner and operator Eagle Bulk Shipping developed a ship recycling policy in 2019, committing itself to a safe and environmentally sound vessel dismantling.
Maersk Drilling believes that continued rig scrapping is needed to obtain a healthier balance between rig demand and supply.
Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.
With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.
Norwegian dry bulk specialist Western Bulk has signed up with Oceanbolt, an Oslo-based tech startup, in an effort to leverage real-time insights into the dry bulk market.
The Global Industry Alliance (GIA) to Support Low Carbon Shipping – a key International Maritime Organization (IMO) initiative supporting ship decarbonization – will intensify its work on the ship-port interface to reduce emissions from ships.
India’s Oil and Natural Gas Corporation Limited (ONGC) and NTPC Ltd. have signed a Memorandum of Understanding (MoU) to set up a joint venture company for the renewable energy business. As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and other renewable energy projects in
French container shipping major CMA CGM and other major multinationals have reaffirmed their science-based commitments to achieving zero-carbon economy and called on governments to march their ambition in largest ever UN-backed CEO-led climate advocacy effort.
Norwegian Shipowners’ Association has unveiled a new strategy whose goal is for the entire Norwegian fleet to be climate neutral by 2050.
Using their decades of experience in the oil and gas sector, three majors are moving forward with a project which will enable the transport of carbon dioxide captured from industrial sites in Norway and its storage in a reservoir below the seabed in the North Sea off Norway.
Investments in the reduction of air emissions from ships would no longer be possible in a post coronavirus world, European shipping companies said in a new survey report.
BAE Systems is stepping up efforts to help marine operators get to a zero-emission future with electric power and propulsion technology.
The coronavirus pandemic is opening up many new opportunities for the shipping industry, Cristina Aleixendri, COO at bound4blue, said during a video conference hosted by SMM.
