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Transition

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Shift
Transition

Shift Clean Energy, STADT partner up to electrify global shipping

Canadian energy storage solutions provider Shift Clean Energy has joined forces with a Norwegian vendor and system integrator of electric propulsion STADT to deliver sustainable propulsion and energy storage solutions to the marine industry.

about 4 years ago
Illustration/Tidal energy power plant developed by Swedish company Minesto (Courtesy of Ocean Energy Europe)
Transition

Industry, academia urge for 45% or higher renewable energy target by 2030 for EU

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The representatives of a number of European energy industry associations and universities have issued a joint letter, urging for the adoption of a European-wide 45% or higher renewable energy target by 2030 to counteract rising energy prices.

about 4 years ago
Rystad: Oil & gas exploration on the decline with global awarded acreage sinking to near all-time lows
Transition

Rystad: Oil & gas exploration on the decline with global awarded acreage near all-time lows

Rystad Energy forecasts that global oil and gas exploration spending and activities are expected to shrink even further this year.

about 4 years ago
LR award Approval in Principle for Value Maritime’s Carbon Capture and Storage System
Transition

Value Maritime’s carbon capture and storage system gets nod from LR

Lloyd’s Register (LR) has granted Approval in Principle for Value Maritime’s Carbon Capture and Storage (CCS) System. According to the Dutch maritime technology company, Filtree System, is a prefabricated gas cleaning system that filters sulphur and 99% of particulate matter. The CCS system includes

about 4 years ago
Rolf Habben Jansen, CEO of Hapag-Lloyd; Image by Hapag-Lloyd
Transition

Hapag-Lloyd CEO: Availability of carbon-neutral fuels will be a big problem

Despite all the talk about the future of carbon-neutral fuels the industry is ‘bombarded with’ on a daily basis, deadlines for completion of certain projects are being pushed continuously further perpetuating the uncertainty surrounding their availability, says Rolf Haben Jensen, CEO of Hapag-Lloyd,

about 4 years ago
Illustration (Courtesy of Scottish Renewables)
Transition

UK public shows ‘overwhelming support’ for new renewable energy projects

A survey commissioned by RenewableUK has shown an overwhelming public support for building new renewable energy projects across the UK to tackle the cost of energy crisis.

about 4 years ago
Illustration/Floating solar power plant (Courtesy of Multiconsult)
Transition

Ghana sets sights on floating solar power plants

Norway-based engineering consultancy Multiconsult has been appointed to assess the potential for installing a floating solar power plant in Ghana.

about 4 years ago
SAL
Transition

SAL Heavy Lift orders carbon-neutral heavy lift project fleet

SAL Heavy Lift, a Germany-based maritime heavy lift and project cargo carrier, has signed building contracts for four firm plus two optional new generation heavy lift ships with Wuhu Shipyard, China.

about 4 years ago
Alfa Laval
Transition

Alfa Laval: HT-PEM fuel cell system using methanol passes tests

In Q2 2022, Swedish sustainable solutions provider Alfa Laval started up a small-scale methanol fuel cell system at the Alfa Laval Test & Training Centre. Based on positive test results, the project is on track for a 200 kW installation.

about 4 years ago
Babcock
Transition

Babcock teams up with Hyundai Heavy, Hyundai Mipo to develop LCO2 carriers

British engineering services company Babcock has partnered with South Korean shipbuilders Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) to develop liquefied CO2 carrier designs to service a growing demand for this kind of vessel.

about 4 years ago
Shipping needs up to $28 billion per year to switch to carbon-neutral fuels by 2050, DNV forecasts
Transition

Shipping needs up to $28 billion per year to switch to carbon-neutral fuels by 2050, DNV forecasts

With the fuel transition underway, the shipping industry will need massive onboard technology investments ranging between $8 to $28 billion per year between 2022 and 2050 to reach full net-zero goals, a forecast released by the classification society DNV reports. DNV released its sixth maritime fore

about 4 years ago
API: American oil & gas as ‘reliable and realistic partners’ of renewables and energy security
Transition

API: American oil & gas as ‘reliable and realistic partners’ of renewables and energy security

API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.

about 4 years ago
DSME and DNV team up to develop wind-assisted propulsion tech
Transition

DSME and DNV team up to develop wind-assisted propulsion tech

South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) and classification society DNV have signed a memorandum of understanding (MoU) to develop wind assistance propulsion technology. The two parties signed the MoU during this year’s Gastech, a global gas, LNG, hydrogen, and

about 4 years ago
As UK’s new PM puts energy security as priority, OEUK sees opportunity to speed up energy transition with domestic oil & gas
Transition

With UK’s new PM prioritising energy security, OEUK sees opportunity to speed up low-carbon transition

As the UK gets its new PM, OEUK believes this is an opportunity to accelerate energy transition with domestic oil & gas investments.

about 4 years ago