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Ports & Logistics

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Tanger Med and Port Said included in EU ETS directive
Ports & Logistics

Tanger Med and Port Said included in EU ETS directive

The European Commission has included Tanger Med and Port Said, two pivotal transshipment hubs, in the European Union’s (EU) revamped carbon pricing regime for ships. This latest update, however, brings a marked change in the way emissions are assessed, and it extends its reach beyond EU borders, her

about 3 years ago
shore power
Ports & Logistics

Study: EU must triple or quadruple installed shore power by 2030

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The European Union needs to triple or quadruple its installed shore power by 2030 to meet the current ambitions of the FuelEU Maritime regulation and the Alternative Fuels Infrastructure Regulation (AFIR), a new study estimates.

about 3 years ago
A.P. Moller Holding-backed C2X advances plans for green methanol production in Spain
Ports & Logistics

A.P. Moller Holding-backed C2X advances plans for green methanol production in Spain

C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has concluded the first phase to secure the concession for a large site for green methanol production with the port of Huelva in Spain. After signing a framework agreement

about 3 years ago
Hamburg, Halifax and Valencia ports to create innovation hubs
Ports & Logistics

Hamburg, Halifax and Valencia ports to create innovation hubs

The innovation hubs of the Port of Hamburg, the Port of Halifax and the Port of Valencia have announced that they are in talks about the creation of a global network of port innovation hubs.

about 3 years ago
DP World
Ports & Logistics

APMT, DP World: Port electrification is the fastest lane to impact. Hydrogen solutions an outlier, not the norm.

In the maritime sector, the quest for cleaner, more efficient practices has given rise to the electrification of ports and container handling equipment. Why, you might ask? The answer is clear, for electrification offers a trifecta of advantages that places it at the forefront of a green revolution:

about 3 years ago
Rystad Energy says ramp up of investments needed to meet net-zero targets, despite snowball effect of CCS to build over 10 times by 2030
Ports & Logistics

Northern Lights CEO: We are making CCS viable

The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide

about 3 years ago
ACWA Power eyes green hydrogen corridor between its production sites and Amsterdam port
Ports & Logistics

ACWA Power eyes green hydrogen corridor between its production sites and Amsterdam port

Saudi developer of green hydrogen projects ACWA Power has signed a memorandum of understanding (MoU) with GasLog, Zenith Energy Terminals, and Port of Amsterdam to explore the viability of developing a green hydrogen export corridor between its global hydrogen production sites and the port of Amster

about 3 years ago
Hydrotug1
Ports & Logistics

World’s 1st H2-powered tugboat en route to final commissioning preparations

Port of Antwerp-Bruges has informed that on Monday, October 23, 2023, the Hydrotug 1, the world’s first hydrogen-powered tugboat, will make the journey from Oostende to its homeport in Antwerp, Belgium, where the port and shipping and cleantech company CMB.TECH will further prepare the vessel for co

about 3 years ago
Noble jack-up rig drops anchor prior to Harbour Energy job
Ports & Logistics

Noble rig drops anchor in UK’s newest harbor before work for Harbour Energy

Noble Corporation’s jack-up rig Noble Intrepid has arrived at the Port of Aberdeen before mobilizing for Harbour Energy’s field in the North Sea. Port of Aberdeen announced on October 17 that it had welcomed the Noble Intrepid to Aberdeen South Harbour, where it will undergo reactivation work scopes

about 3 years ago
Michael Parker
Ports & Logistics

Parker: Shipping financing will not be the same

Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2

about 3 years ago
Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report
Ports & Logistics

Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report

In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2

about 3 years ago
30% of global ports ‘unprepared’ for incoming IMO’s MSW, survey shows
Ports & Logistics

30% of global ports ‘unprepared’ for incoming IMO’s MSW, survey shows

Kale Logistics Solutions (Kale) has published a readiness survey of 200 ports that revealed 30 percent are not prepared to adopt the International Maritime Organization’s (IMO) Maritime Single Window (MSW) mandate, which becomes compulsory worldwide from January 2024.

about 3 years ago
Cyber attack
Ports & Logistics

Maritime industry remains ‘easy target’ for cyber attacks as ransom payment demands skyrocket

The maritime industry remains an “easy target” for cybercriminals, and the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months, according to the research findings from law firm HFW and maritime cyber security company CyberOwl. The research reveal

about 3 years ago
New coalition to pave the way for first cross-Atlantic clean hydrogen shipment by 2026
Ports & Logistics

New coalition to pave the way for first cross-Atlantic clean hydrogen shipment by 2026

The Mission Possible Partnership (MPP), RMI, Systemiq, Power2X, and industry leaders have formed a coalition to enable an inaugural shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will connect U.S. fuel producers to heavy-i

about 3 years ago