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Transition

Clarksons: There are 130 ammonia-ready and 6 hydrogen-ready vessels on order

The green transition of the shipping industry is picking up pace with shipowners starting to invest in vessels that are technologically prepared to burn alternative fuels such as ammonia and hydrogen. Uptake of alternative fuels has continued to progress, with 4.8% (2021: 3.7%, 2017: 2.3%) of the fl

about 4 years ago

Transition

Wintershall Dea and HES join forces for CO2 hub in Wilhelmshaven

German natural gas and oil company Wintershall Dea and compatriot liquid bulk terminal HES Wilhelmshaven Tank Terminal have signed a memorandum of understanding (MoU) to jointly develop a CO2 hub at Germany’s single deepest draft port. The companies plan to develop a hub named CO2nnectNow at HES Wil

about 4 years ago

Transition

EU policymakers urged to raise climate ambition in the FuelEU Maritime and EU ETS

While the European Parliament gears up to vote on the FuelEU Maritime on Wednesday as the ‘Fit for 55’ package of legislative proposals enters its final stage, EU policymakers are being called to raise climate ambitions in the proposals. Signatories of the Getting to Zero Coalition said that in this

about 4 years ago

Transition

Wärtsilä solution selected for new bioLNG plant in Sweden

The Finnish technology group Wärtsilä has been contracted to supply a biogas upgrading and liquefaction solution for a new biogas plant in Sweden that will be used to reduce carbon emissions from transport, and to speed the transition to cleaner energy. Wärtsilä revealed that the order was placed by

about 4 years ago

Transition

Carter: A zero-emission ship must get rid of the oil-lubricated shaft

To further advance ocean sustainable development and put to sea truly zero-emissions ships, the shipping industry has to get rid of the oil-lubricated shaft line and replace it with one lubricated by seawater, according to Thordon Bearings’ Craig Carter. Speaking in Barcelona on the first day of the

about 4 years ago

Transition

Liquid Wind raises €15.2M to develop green electrofuel for maritime industry

Swedish green electrofuel development company Liquid Wind has raised €15.2 million in Series B financing that will build its capabilities and develop projects for decarbonising the maritime industry. Liquid Wind said that the existing investors Uniper, Alfa Laval, Siemens Energy, Topsoe, Elyse and o

about 4 years ago

Eco Adriatica GG5G ship (Courtesy of Grimaldi Group)

Transition

Grimaldi clears €70 million loans for renewal of its eco-friendly fleet

Grimaldi Group has secured two loans, totaling €70 million, from the Intesa Sanpaolo bank for the purchase of two vessels belonging to the Grimaldi Green 5th Generation (GG5G) class.

about 4 years ago

Transition

World’s largest e-methanol facility gets €53 million boost

Danish renewables developer European Energy has received €53 million from the Danish Green Investment Fund (DGIF) for its upcoming Power-to-X (PtX) facility in Kassø, which will be the largest e-methanol facility in the world to date. The financing from the fund is part of the total investment in th

about 4 years ago

Illustration/SIMEC Atlantis’ AR1500 tidal energy turbine (Courtesy of SIMEC Atlantis)

Transition

Tidal stream energy could achieve major cost reductions by 2035, report finds

Tidal stream energy could plummet below £80 (€90) per MWh by 2035 if current opportunity is realized, a new report by ORE Catapult predicts.

about 4 years ago

Transition

In focus: Green energy infrastructure blooming despite global economic and political woes

The countries pursuing net-zero goals are grappling with surging prices while also trying to find ways to keep on track with the green energy infrastructure projects.

about 4 years ago

Concept for Equinox Ocean Turbines technology (Courtesy of Equinox Ocean Turbines)

Transition

Dutch newcomer steps on the ocean energy scene

Named Equinox Ocean Turbines, a new ocean energy company has been launched in the Netherlands with a clear goal of exploiting the vast potential of ocean currents by using its tidal energy technology designed for low-speed waters.

about 4 years ago

Transition

Port of Gothenburg and North Sea Port set up green corridor, offer discounts for ships using cleaner fuels

Belgian North Sea Port and Swedish Port of Gothenburg have come together to establish a green corridor, aiming toward using alternative fuels for seagoing vessels by 2025. The green corridor was launched on Gothenburg Port Day on 12 October, when the CEOs of the Gothenburg Port Authority and North S

about 4 years ago

Project kick off meeting with the Port of Barcelona and PowerCon teams (Courtesy of the Port of Barcelona)

Transition

Danish company lands €5M contract for shore power supply works at BEST terminal

The Port of Barcelona has selected Danish company PowerCon to implement a pilot project that will provide electrical power to ships at the BEST terminal.

about 4 years ago

First turbine delivers power at EOWDC (Aberdeen) offshore wind farm

Transition

Offshore wind could grow 56-fold by 2050 and significantly contribute to green hydrogen production, DNV’s new report says

Offshore wind capacity could grow 56-fold until 2050, driven by a growing need for decarbonisation and energy security, and decreasing costs. Regarding the latter, bottom-fixed and floating offshore wind levelised costs of energy (LCoE) are forecast to drop by 39 per cent and 84 per cent, respective

about 4 years ago