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Transition

MOL to issue world’s first blue bonds in shipping

Japanese shipping major Mitsui O.S.K. Lines (MOL) has decided to issue blue bonds through a public offering in Japan’s domestic market in January 2024.

about 2 years ago

Transition

Crowley to trial Carbon Ridge’s onboard carbon capture solution

Florida-based shipping and energy supply chain company Crowley and Carbon Ridge Inc, a U.S. developer of modular onboard carbon capture and storage solutions, have launched an onboard carbon capture pilot project. The project involves the utilization of Carbon Ridge’s patent-pending, second-generati

about 2 years ago

European project demonstrates potential for significant reduction in tidal energy costs

Transition

European project shows potential for significant reduction in tidal energy costs

A European project led by Scottish tidal energy developer Nova Innovation has demonstrated that the cost of tidal energy could potentially be reduced by as much as 40%. The €20 million EnFAIT (Enabling Future Arrays in Tidal) Horizon 2020 project brought together seven partners including Nova Innova

about 2 years ago

Transition

Bernhard Schulte orders LNG dual-fuel CO2 carrier backed by Northern Lights’ long-term charter

Germany-based shipowning company Bernhard Schulte has placed an order for its first CO2 tanker. The LNG dual-fuel newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and feature innovative technologies aimed at significantly reducing its carbon footprint such as wind propulsion an

about 2 years ago

Transition

Clarksons and Hydrogenious team up on large-scale commercialization of clean hydrogen

Clarksons Specialised Products, a unit of UK shipbroker Clarksons, has signed a Memorandum of Understanding (MoU) with Germany-based Hydrogenious LOHC Technologies to collaborate on a roadmap to establish a maritime supply chain for the bulk transportation of green hydrogen in chemical tankers using

about 2 years ago

Transition

Tripartite partnership pursues GHG storage acreage offshore Australia

DeepC Store and Azuli International have agreed to jointly pursue and acquire greenhouse gas (GHG) storage acreages in Commonwealth waters offshore Australia said to have strong potential for significant CO2 storage capacities. The two companies have jointly bid for GHG Assessment Permits released b

about 2 years ago

Transition

All main approvals in place for €2.8 billion UK-Germany link

NeuConnect, the first-ever energy link between the UK and Germany, has been granted all key regulatory approvals following the second partial approval for the construction and operation of the converter station on the German side. The Oldenburg State Trade Inspection Office (GAA Oldenburg) has grant

about 2 years ago

Transition

UK reveals winners of first hydrogen allocation round

UK government has concluded the first hydrogen allocation round (HAR1) and selected eleven projects, totaling 125 MW capacity, to receive over £2 billion (around $2.5 billion) of revenue support from the Hydrogen Production Business Model. Launched in July 2022, HAR1 represents the largest number of

about 2 years ago

Transition

Carnegie becomes industry partner on project testing novel concrete material for WECs

CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has secured €45,238 in funding to participate as an industry partner in the WECHULL+ Project which will investigate and test a novel concrete material for wave energy converters (WECs). The funding was provided by S

about 2 years ago

Transition

SEAM: Key milestones unlocked in ammonia tugboat retrofit project with Amogy

Ammonia power solutions company Amogy Inc. and system developer and integrator SEAM have revealed that several milestones have been achieved in their retrofitting project of a 1957 tugboat with ammonia-to-power technology. The retrofit involves a comprehensive overhaul of the tugboat’s original dies

about 2 years ago

Transition

CSL biofuel-run vessels avoided 156,000t of CO2

Canadian shipping company Canada Steam Ship Lines (CSL) has achieved a significant milestone in its Great Lakes biofuel program as it completed a cumulative 75,000 running hours on B100 biofuel over the past four years.

about 2 years ago

Transition

Hydrom paves the way for Oman’s green hydrogen growth

Hydrom, a central and independent entity orchestrating Oman’s national interest in green hydrogen, has signed multiple memorandums of understanding (MoUs) as part of its strategy to propel Oman’s energy transition and green hydrogen growth. During the first day of the Green Hydrogen Summit Oman (GHS

about 2 years ago

Transition

MPA Singapore invites proposals for methanol bunker supply

The Maritime and Port Authority of Singapore (MPA) has called for an Expression of Interest (EOI) for the supply of methanol as a marine bunker fuel in the Port of Singapore. The EOI seeks to gather proposals for end-to-end methanol bunkering solutions, scheduled to be implemented in Singapore in 20

about 2 years ago

Transition

COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?

A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.

15 minutes read