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Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead
Transition

Clarksons: 45% of ships ordered in 2023 embrace alternative fuels, with LNG still in the lead

The renewal of the global shipping fleet made a significant stride in 2023, with a total of 539 ships, equivalent to 45% of all newbuild orders placed last year by gross tonnage, being capable of running on alternative fuels, Clarksons Research said. “2023 was a hugely significant year in the shippi

about 2 years ago
Floating solar demonstrator launches in the Canary Islands
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Floating solar demonstrator launches in the Canary Islands

Norwegian company Ocean Sun and its partners have launched an offshore floating solar demonstrator in La Palma, Spain. The BOOST (Bringing Offshore Ocean Sun to the global market) floating solar demonstrator uses Ocean Sun’s patented floating solar photovoltaics (FPV) technology and marks the final

about 2 years ago
© Copyright Louis Dreyfus Armateurs / Airbus
Transition

Louis Dreyfus Armateurs picks CSSC Wuchang Shipbuilding for wind-powered ROROs

French maritime firm Louis Dreyfus Armateurs (LDA) has inked a construction contract with Chinese CSSC Wuchang Shipbuilding Industry Group for three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. The construction of the vessels has been commissioned by Airbus as part o

about 2 years ago
Viking Link up and running
Transition

World’s largest interconnector begins operating

The Viking Link electricity interconnector between the UK and Denmark has commenced operations, now transporting power between the two countries. Deemed the world’s longest land and subsea interconnector, the £1.7 billion Viking Link started commercial operations on December 29, 2023. The link has

about 2 years ago
2023 in review: A transformative year for shipping and maritime
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2023 in review: A transformative year for shipping and maritime

In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf

about 2 years ago
Illustration; Source: Wood Mackenzie
Transition

Energy outlook: Is gas and LNG growth freeze on the cards in 2024?

Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.

about 2 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
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2023 state of energy in review: Gas and green shift as centerpieces of future mix

Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.

about 2 years ago
IAPH
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IAPH President: Ports should not compete but collaborate to ensure infrastructure for green fuels

Jens Meier, President of the International Association of Ports and Harbors (IAPH) and CEO of Hamburg Port Authority has called on ports to actively collaborate on knowledge sharing between themselves and the maritime community to accelerate decarbonization.

about 2 years ago
Ormen Lange development; Source: Shell
Transition

Electrification: Key to unlocking untapped oil & gas reserves and augmenting production

The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.

about 2 years ago
Illustration; Source: Nexans
Transition

Subsea interconnectors as protagonists of offshore renewable grid story

Subsea interconnectors open new opportunities for sharing the access and use of renewable energy between countries while upping the decarbonization ante and strengthening the security of electricity supply.

about 2 years ago
eWolf
Transition

Crowley’s all-electric tug starts sea trials

Crowley’s eWolf, the first all-electric ship assist tug in the U.S., has commenced sea trials along the U.S. Gulf Coast, the company confirmed on social media. The ship is being built by Master Boat Builders’ (MBB) shipyard in Coden, Alabama, and is expected to be delivered in 2024. eWolf will suppo

about 2 years ago
NYK charts course for full-scale biofuel trials in 2024
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NYK charts course for full-scale biofuel trials in 2024

Starting in fiscal 2024, Japanese shipping company NYK plans to launch full-scale trials of the long-term use of biofuels in navigating its existing heavy oil-fired vessels. Biofuels are produced from biological sources (biomass), such as waste cooking oil, and are considered to have net-zero CO2 em

about 2 years ago
Koreans launch initiative to explore offshore CO2 storage potential
Transition

Koreans launch initiative to explore offshore CO2 storage potential

Korea National Oil Corporation (KNOC) is taking part in a national initiative to explore and identify potential CO2 storage sites within waters around the Korean peninsula. KNOC announced on December 26 that it was embarking on a full-scale exploration to secure underground storage of carbon dioxide

about 2 years ago
LCO2
Transition

Japanese majors press ahead with plans to start large-scale LCO2 transport in 2028

Japanese shipbuilders Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard, a joint venture between Imabari Shipbuilding Co, and Japan Marine United Corporation, have signed a Memorandum of Understanding (MOU) with compatriot Mitsui & Co. and Mitsubishi Corpo

about 2 years ago