As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.
Will the anticipated global build-out of liquefied natural gas (LNG) projects continue or will many of these projects come to an abrupt end?
The cost of the European Union’s (EU) new Emissions Trading Scheme (ETS) to the shipping industry could be in the billions, according to the forecasts from International Transport Intermediaries Club (ITIC). The extended EU ETS, which comes into force on 1 January 2024, will set an annual absolute l
German container shipping company Hapag-Lloyd is eyeing a potential 4,500 TEU newbuilding vessel with wind-assisted propulsion as part of the company’s R&D activities involving alternative technologies and fuels.
Following a day of active discussions at the Shaping the Future of Shipping: Delivering a Net Zero World summit yesterday, 60 maritime organisations and government partners agreed on a course to deliver the IMO’s net-zero strategy at Shaping the Future of Shipping, an event hosted by the Internation
In a bid to secure a competitive landscape for the availability of renewable fuels to power maritime vessels, energy providers need to have regulatory frameworks established within the next two years. The call comes with the recognition that substantial investments in new fuels are imminent, conting
Norway’s VARD has secured a contract worth over $200 million to deliver a highly customized hybrid power cable lay and construction vessel to what it says is a leading Japanese construction company. The contract was signed with Toyo Construction, a Japanese general construction company that operates
On the margins of COP28, shipping companies Mitsui O.S.K. Lines (MOL) and Maersk are actively sending a signal of readiness to procure green fuels and drive economies of scale.
Marine survey activities are set to begin this month for the Eastern Green Link 2 (EGL 2) subsea electricity superhighway between Scotland and England. The survey activities are planned to commence from Peterhead, Scotland, in December and continue in Scottish waters until approximately February 202
U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofne
Japan-based trading company ITOCHU Corporation has signed a memorandum of cooperation (MoC) with Hive Hydrogen South Africa for collaboration in the field of green ammonia. Specifically, ITOCHU and Hive will cooperate on the green ammonia production project in Coega, Nelson Mandela Bay, the Eastern
TotalEnergies has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the east coast of Orkney in Scotland, with wave power from Mocean Energy and intelligent subsea energy storage from Verlume.
The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture and storage (CCS) project under its Connecting Europe Facility (CEF) funding scheme. A total of eight cross-border energy infrastructure projects are getting a part of the EU funds. EU Member States have end
Canada has signed a memorandum of understanding (MOU) to pursue the establishment of a green shipping corridor between Canada’s West Coast and ports in the United Arab Emirates, Korea and Japan.
