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Transition - Offshore Energy

Transition

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Transition

ADNOC goes over its decarbonization progress

ADNOC has taken the time to check its progress towards its goal of doubling carbon capture capacity by the end of the decade.

about 3 years ago

Transition

Louis Dreyfus Armateurs picks vessel for bound4blue eSAILs installation

French maritime firm Louis Dreyfus Armateurs (LDA) has decided to install bound4blue eSAILs® on its ro-ro ship Ville de Bordeaux. Three 22-metre-high eSAILs® will be fitted to the Ville de Bordeaux ahead of a six-month performance monitoring period starting in early 2024. The Ville de Bordeaux is ch

about 3 years ago

Transition

WindWing-fitted Pyxis Ocean docks in Paranaguá

Pyxis Ocean, the world’s first large ship fitted with WindWings, metal sails that harness the power of the wind to reduce fuel consumption and carbon emissions, arrived at the Port of Paranaguá, Brazil. The bulker, which emits 30% less carbon dioxide compared to conventional ships, embarked on its m

about 3 years ago

Transition

TotalEnergies stays the course to tackle transition with its multi-energy strategy

TotalEnergies has set its course for the energy transition journey by creating a balanced multi-energy strategy, which it plans to follow to diversify its portfolio, cut its emission footprint, and reach low-carbon and net-zero aspirations.

about 3 years ago

Transition

MAN ES lands inaugural order for methanol GenSets

MAN Energy Solutions (MAN ES) has secured its first order for six small-bore, seven-cylinder 21/31DF-M GenSets, designed to operate on methanol. The milestone order is part of the construction project for two 9,300 car equivalent unit (CEU) Pure Car and Truck Carriers (PCTCs) destined for China Merc

about 3 years ago

Greece and Saudi Arabia establish joint venture company to develop electricity link

Transition

Greece and Saudi Arabia lay foundation for development of electricity interconnector

Greece and Saudi Arabia have agreed to establish a special purpose company for the development of an electricity interconnector between the two countries. Chairman of the Board and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) Manos Manousakis and the

about 3 years ago

Transition

UNCTAD: Up $28 bln extra required to decarbonize shipping

While the push for eco-friendly shipping is commendable, it comes with a hefty price tag, potentially affecting small island developing states (SIDS) and least developed countries (LDCs) that rely heavily on maritime transport. According to a recent UNCTAD report, the transition to decarbonized ship

about 3 years ago

Transition

Intermodal: Bulkers in high demand

The dynamic shipbuilding sector in Japan has flexed its muscles over the past week, securing major contracts in the bulker sector totaling in a dozen orders. Oshima Shipbuilding has been linked to an order with Greek shipping company Latsco Shipping Limited. The deal entails the construction of thre

about 3 years ago

Transition

Survey wraps up at TotalEnergies’ CO2 storage license

Shearwater GeoServices has completed a carbon storage survey project in the Danish North Sea for French energy giant TotalEnergies. The survey covers a CO2 geological storage license awarded to TotalEnergies earlier this year. To remind, the Danish Ministry of Climate, Energy and Supply announced on

about 3 years ago

Transition

Bunkering ammonia not so dangerous after all?

Safety concerns surrounding ammonia bunkering and the design of ammonia-bunkering vessels are in the spotlight as the maritime industry explores ammonia as a potential green fuel. Despite ammonia’s well-known toxicity, it has been successfully transported as cargo on LPG ships in recent years. Now,

about 3 years ago

Cirata floating solar plant in Indonesia (Courtesy of Masdar)

Transition

Masdar, PLN NP shake hands to triple the size of ASEAN’s largest floating solar plant

UAE’s Masdar has signed the agreement with PLN Nusantara Power (PLN NP) for a 500MW expansion of Cirata floating solar plant in Indonesia – which is set to become the largest floating solar plant in the Association of Southeast Asian Nations (ASEAN).

about 3 years ago

Illustration; Source: International Energy Agency (IEA)

Transition

IEA’s net-zero recipe: Going green and slashing fossil fuels’ role in energy mix while pursuing ‘equitable’ transition

The IEA believes that the path to limiting global warming to 1.5 °C has narrowed, however, clean energy growth is still keeping it open.

12 minutes read

Transition

UK and Germany forge hydrogen partnership

UK and Germany have signed a Joint Declaration of Intent to collaborate on the development of an international hydrogen industry. The new agreement was signed on September 26, 2023, at the UK Embassy in Berlin, by Minister for Energy Efficiency and Green Finance Lord Callan and Federal Republic of G

about 3 years ago

Transition

Fincantieri lands EUR 800 mln sustainability-linked loan

Italian shipbuilding giant Fincantieri has secured a substantial €800 million (USD 845 million) medium/long-term sustainability-linked loan. The loan, which spans five years, with a pre-amortization period of three years, will support Fincantieri’s organic growth and burgeoning workload. As informed

about 3 years ago