A deep dive into COP28 and the clash between those calling for a phase-out of fossil fuels and the ones lobbying to keep oil, gas, and coal firmly entrenched in the energy mix.
China’s Jiangnan Shipyard unveiled what has been described as ‘the world’s largest nuclear-powered container ship design’ during the Marintec China 2023 exhibition in Shanghai, boasting a capacity of 24,000 TEUs. The design uses Molten Salt Reactors, operating under high temperature and low-pressure
Harbour Energy, bp, and Associated British Ports (ABP) have entered into an exclusive commercial agreement with Cory Group for the transportation and storage of carbon dioxide (CO2) by ship. The collaboration centers around Viking CCS, the Humber-based CO2 transportation and storage network spearhea
Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR in Blue World Technologies’ pre-C-round alongside the Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders. The financing round was announced during COP28 in Dubai where Blue
TotalEnergies has inked cooperation agreements with three oil and gas companies to carry out methane detection and measurement campaigns.
DNV has appointed the head of its Carbon Capture, Utilization, and Storage (CCUS) unit as a response to the technology’s growth. DNV announced on December 6 the appointment of Jamie Burrows as head of its Energy Systems business area’s CCUS unit – a move that underscores DNV’s commitment to CCUS as
Japanese shipping company NYK has entered into a time charter contract with compatriot Mitsui & Co., Ltd. for the transportation of ammonia. NYK revealed that the deal was signed in October and that it would use its Panama-flagged LPG carrier, the Berlian Ekuator, as the key vessel for the shipments
A study has been conducted to assess the estimated carbon footprint of the Northern Lights project’s CO2 transport and storage value chain.
Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivotal order for up to ten dual-fuel LNG Pure Car and Truck Carrier (PCTC) vessels in partnership with South Korean shipping company Hyundai Glovis. Seaspan has signed the construction contract with Chin
Japanese shipping company Mitsui O.S.K. Lines and Bapco Energies have signed a memorandum of understanding (MoU) for the development of cross-border carbon dioxide (CO2) transport and sequestration.
Japanese conglomerate Sumitomo Corporation and Norwegian RoRo shipping company Höegh Autoliners have joined forces to explore the adoption of clean ammonia as a bunker fuel for Ro-Ro cargo vessels. The agreement targets ports in Singapore and Jacksonville, USA, with plans set to kick in from 2027. T
A global initiative for the mutual recognition of certification systems for hydrogen and derivatives has been presented at COP28 in Dubai. During a “High Level Roundtable on Hydrogen” event on December 5, the flagship Hydrogen Declaration of Intent to pursue mutual recognition of hydrogen certificat
Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECH’s order of X72DF-A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) have also signed the agreement for the joint undertakin
The Netherlands-based terminal operator APM Terminals and the UAE-based port developer and operator DP World have formed the Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition aiming to accelerate the journey to zero emissions for container handling equipment (CHE) at ports.
