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Transition

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Multiple hydrogen projects supported by EU’s €3.6 billion clean tech funding
Transition

Multiple hydrogen projects supported by EU’s €3.6 billion clean tech funding

Multiple European hydrogen projects have been selected by the European Commission (EC) to be financed through the EU Innovation Fund. Specifically, the EC awarded over €3.6 billion to 41 large-scale clean tech projects, many of them being hydrogen-related. According to EC, the funding will contribut

about 3 years ago
ExxonMobil
Transition

ExxonMobil enriches its low-carbon arsenal with new acquisition worth $4.9 billion

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ExxonMobil is getting its hands on – what it deems to be – the largest owned and operated CO2 pipeline network in the United States.

about 3 years ago
Yang Ming
Transition

Xeneta: CEI improved on majority of top container trades in Q1

The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s le

about 3 years ago
Value Maritime Filtree System
Transition

JR Shipping outfits 9th vessel with Value Maritime’s Filtree and carbon capture solution

Dutch shipping company JR Shipping has completed the installation of Value Maritime’s Filtree and Carbon Capture technology on the 9th vessel, MV Emotion. The installation on the 2008-built containership of 1,440 TEU was completed in Hamburg, Value Maritime said in an update. The latest development

about 3 years ago
Decisive years ahead: ONE’s fuel choice conundrum for 20 methanol-ammonia newbuilds
Transition

Decisive years ahead: ONE’s fuel choice conundrum for 20 methanol-ammonia newbuilds

The jury is still out on the fuel choice for a series of twenty new vessels the Singapore-based container shipping major Ocean Network Express (ONE) has on order. “We haven’t made a decision yet on which technology to choose. The jury is still out and like the rest of the industry we are very intere

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Transition

Will UK’s new CCUS strategy open doors to multi-billion global supply chain market?

A new carbon capture supply chain strategy is expected to pave the way for Britain to gain entry into the global supply chain market.

14 minutes read
Illustration/HydroQuest's 1MW turbine for Paimpol-Bréhat site (Courtesy of HydroQuest/Photo by Avotrimage)
Transition

FloWatt developers applaud French government’s tidal energy commitment

The developers of FloWatt tidal energy project – Qair, HydroQuest, and Constructions Mécaniques de Normandie (CMN) – have hailed the French government’s investment in what is to become the world’s largest tidal energy farm.

about 3 years ago
Prysmian's renewed credit facility includes environmental and social KPIs
Transition

Prysmian’s renewed credit facility includes environmental and social KPIs

Italian cabling giant Prysmian has renewed its €1,000 million long-term revolving credit facility, including environmental and social KPIs among the parameters that determine the financing conditions. Prysmian reported on 13 July that it had signed the renewal of the €1,000 million long-term revolvi

about 3 years ago
Port of Newcastle
Transition

MOL, MHI lead the 30-strong partnership pack in propelling Port of Newcastle into clean energy future

Australia’s Port of Newcastle has formalized 30 partnerships with domestic and multi-national organizations aimed at advancing the port’s plans of regenerating a 220-hectare parcel of industrial wasteland into a dedicated Clean Energy Precinct. The once-in-a-generation project is one of two key deve

about 3 years ago
Technip Energies to provide equipment for TotalEnergies LNG terminal in Le Havre
Transition

Technip Energies invests in cleantech fund to boost path toward net zero

Engineering and technology company Technip Energies has invested in Evok Innovation’s Fund II, a cleantech fund that invests in and supports hard-tech development and focuses on next-generation sectors such as low-carbon hydrogen, carbon capture and removal, electrification and critical minerals. Ac

about 3 years ago
Pasha Hawaii/Janet Marie
Transition

Pasha Hawaii welcomes 2nd LNG-powered Ohana Class jewel into the fleet

Hawaii-based shipping company Pasha Hawaii has taken delivery of the MV Janet Marie, the second of two new ‘Ohana Class’, LNG-powered container ships built at AmFELS, a member of Seatrium Group. The 774-foot (235-meter) vessel joins Pasha Hawaii’s fleet serving the Hawaii/Mainland trade lane, as wel

about 3 years ago
Illustration; Source: APPEA
Transition

Gas rush paints LNG as energy transition’s trump card to low-carbon future

Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

13 minutes read
evergreen
Transition

Evergreen confirms massive $5 bln deal for 24 methanol-fueled containerships

Taiwanese container shipping major Evergreen Marine has sealed the order for twenty-four methanol dual-fuel containerships in a monumental step toward decarbonizing its fleet. The construction deal has been divided between industry major Samsung Heavy Industries (SHI), and Nihon Shipyard, a joint ve

about 3 years ago
Maersk
Transition

Clarksons: 44 pct of ships ordered in H1 are alternatively fueled

Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year was alternative fueled. With 62 orders secured in the first six months of 2023, metha

about 3 years ago