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Transition

Comerc, Casa dos Ventos team up with Transhydrogen Alliance for ammonia

Brazilian energy companies Comerc Eficiência and Casa dos Ventos have signed a Memorandum of Understanding (MoU), that includes ammonia, with the TransHydrogen Alliance (THA), a consortium formed by Proton Ventures, GES, Trammo DMCC, and Varo Energy, whose objective is to create new supply chains fo

about 3 years ago

Transition

Xeneta launches container industry’s 1st emissions ‘heroes and villains’

Global data analytics firm Xeneta has launched a campaign to rank the environmental performance of carriers across the world’s top 13 shipping trades. The firm is using the Carbon Emissions Index (CEI), a tool developed by Xeneta and Marine Benchmark, to evaluate carriers’ emissions levels in the ma

about 3 years ago

Transition

Skuld pens Poseidon Principles for Marine Insurance

Marine insurance provider Skuld has signed the Poseidon Principles for Marine Insurance, a global framework for assessing and disclosing the climate alignment of insurers’ hull and machinery portfolios. The framework is aimed at enabling the insurance sector to implement transparency and establish a

about 3 years ago

Transition

UK’s Ofgem grants licenses for electricity links to three EU countries

UK energy market regulator Ofgem has granted electricity interconnector licenses for three energy links that will connect the UK with three countries in the European Union.

about 3 years ago

Transition

2022: a banner year for TotalEnergies’profit with LNG as a trump card for further growth

After boosting its annual profits in 2022, TotalEnergies plans to strengthen its position in Europe by pursuing further LNG growth.

about 3 years ago

Transition

Anemoi wins AiP from Liberian Registry

The Liberian Registry has awarded an Approval in Principle (AIP) to British company Anemoi Marine Technologies for their Rotor Sail systems. Anemoi’s rotor sails are available with three deployment options – fixed to the deck, a folding type, and on rails that can be moved along or across the deck.

about 3 years ago

Transition

Future Proof Shipping selects AYK Energy batteries for 2nd containership conversion

Holland Shipyards Group (HSG) has selected marine battery manufacturer AYK Energy to supply lithium batteries for the retrofit of FPS Waal, the inland container vessel owned by Dutch shipping company Future Proof Shipping (FPS). The FPS Waal is the second inland containership in FPS’ fleet that will

about 3 years ago

Transition

Maersk reports extraordinary 2022 results, assigns up to $11bn CAPEX for integration and decarbonization

Container shipping heavyweight A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the abnormal market conditions caused by the COVID-19 pandemic, the company managed to deliver solid performance across all its businesses, resulting in the best financial result

about 3 years ago

Transition

‘Performing while transforming’ pays off for BP as it joins other oil majors in profit bonanza

After BP more than doubled its annual profit in 2022 on the back of high oil and gas prices, the oil major is now caught in environmentalists’ crosshairs.

about 3 years ago

Transition

Wärtsilä, Berge Bulk wrap up maritime industry’s first inline shaft generator retrofit

The technology group Wärtsilä has successfully retrofitted an inline shaft generator system on the ‘Berge Toubkal’, a cape-size bulk carrier owned by Singapore-based Berge Bulk. The company said that this was the marine industry’s ‘first-ever shaft generator retrofit.” The retrofit is expected to im

about 3 years ago

Transition

Vopak and Port of Antwerp-Bruges set sights on new green energy hub at former Gunvor site

Dutch tank storage company Vopak has decided to acquire the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group, and gain access to the Gunvor concession in the Antwerp port area, with an aim to sustainably redevelop the site to support renewable energy. The site’s size is some 105

about 3 years ago

Transition

Monjasa teams up with HØST PtX Esbjerg on green ammonia

Danish marine fuel supplier Monjasa and HØST PtX Esbjerg have signed a Commercial Collaboration Agreement (CCA) on logistics services and offtake of green ammonia for the maritime sector. Under the terms of the deal, Monjasa will provide logistics services that will enable the distribution of green

about 3 years ago

Transition

With two new offshore licenses, TotalEnergies to explore carbon storage potential in North Sea

French-headquartered energy giant TotalEnergies has been awarded two offshore licenses to explore CO2 storage potential in the Danish North Sea.

about 3 years ago

Transition

International association calls for cooperation for UK’s energy transition program

The North Sea Chapter of the International Association of Drilling Contractors (IADC) is calling on the Scottish and UK Governments and the oil and gas industry to cooperate to better effect and ensure the sector takes a balanced, long-term approach to the energy transition. The move comes in respon

about 3 years ago