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Prominent maritime ports, academia & innovation hubs unite to accelerate hydrogen innovation

Prominent maritime ports, universities, and innovation hubs from Australia, Brazil, Chile, Portugal, the United Kingdom, and the Netherlands have joined forces in a groundbreaking initiative aimed at expediting innovation for green hydrogen. Spearheaded by the Port of Rotterdam, Newcastle, O Complex

about 3 years ago

Transition

Construction of Stena Line’s methanol-ready NewMax hybrid duo about to begin

European ferry operator Stena Line is building two all-new hybrid propulsion vessels designed to run on methanol. The company said that the construction of the NewMax vessels will begin shortly with the launch of operations on the Irish Sea expected in 2025. China Merchants Jinling Shipyard in Weiha

about 3 years ago

Transition

UK ‘treasure map’ to show North Sea’s carbon capture and storage potential

The UK Government is planning to create a “treasure map” which will show how much carbon capture and storage (CCS) could be possible under the North Sea seabed. The plan envisages that companies that already have a license to store carbon will have to report what they find to the North Sea Transitio

about 3 years ago

Illustration/Subhub platform (Courtesy of QED Naval)

Transition

QED Naval eyes UK government’s AR5 prize

QED Naval, a Scotland-based tidal energy company, has applied to the UK government’s fifth contracts for difference (CfD) allocation round to develop its tidal energy project at Morlais site in Wales.

about 3 years ago

Environmental Defense Fund Europe (EDFE)

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Good omen for getting rid of methane menace, as EU signals readiness to scale up reduction efforts

European Parliament’s landslide plenary vote shows the EU is ready to step up efforts to curb the methane footprint from the energy sector.

about 3 years ago

Piet Opstaele, the new CEO of Blue Cluster (Courtesy of Blue Cluster)

Transition

Belgian Blue Cluster gets new chief

The Blue Cluster in Belgium, an organization established to promote the development of innovative economic activities at sea, has appointed Piet Opstaele as its new chief executive officer.

about 3 years ago

Transition

NKT picks up €600M contract for Spain-France interconnector

NKT has secured a final order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, with an order value exceeding €600 million.

about 3 years ago

Deployment of monitoring tech for Project Greensand (Courtesy of TGS)

Transition

Newly developed monitoring technology for CO2 storage in North Sea proves successful

The consortium partners behind the Project Greensand have developed a new monitoring technology that has successfully monitored that the stored CO2 in the North Sea subsoil is at the right location.

about 3 years ago

Transition

Methanol momentum: 25 ships in operation, 81 more on the way

There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in

about 3 years ago

Transition

Average sailing speed could drop by 10 pct by 2025, BIMCO says

Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down

about 3 years ago

Vaalco picks DOF Subsea for subsea reconfiguration off Gabon

Transition

DNV: Oil demand in transport sector to half by 2050 with maritime transitioning to a mix of fuels

Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte

about 3 years ago

Transition

Maersk welcomes FuelEU Maritime deal as a launchpad for global fuel standard

Danish container shipping heavyweight Maersk has hailed the agreement reached on the new FuelEU Maritime regulation, a first-of-its-kind legislation designed to speed up the adoption of green fuels and promote decarbonisation in the shipping industry by the end of the decade. FuelEU Maritime takes a

about 3 years ago

Argos semi-submersible offshore platform in the U.S. Gulf of Mexico; Source: BP

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U.S. and European giants deliver ‘excellent’ results despite the downturn in oil & gas prices

BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.

17 minutes read

Illustration; Source: Offshore Energies UK (OEUK)

Transition

UK politicians see collaboration with oil & gas sector as key to reaching net-zero

OEUK’s survey shows that the majority of MPs believe the UK can achieve its net-zero goals by collaborating with the oil and gas industry.

about 3 years ago