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Transition

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IMO’s Net-Zero Framework caught in crossfire ahead of pivotal adoption decision
Transition

IMO’s Net-Zero Framework caught in crossfire ahead of pivotal adoption decision

IMO’s Net-Zero Framework mandates a new fuel standard for ships and a global pricing mechanism for emissions.

about 1 year ago
Illustration; Source: International Energy Agency (IEA)
Transition

IEA: Oil & gas decline rates sound the alarm over global energy security risks

Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi

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about 1 year ago
Nexans starts connecting Sicily and Sardinia with ‘deepest subsea cable’-to-be
Transition

Nexans starts connecting Sicily and Sardinia with ‘deepest subsea cable’-to-be

Nexans has started laying high-voltage subsea cable between Italy’s Sicily and Sardinia as part of the western section of the Tyrrhenian Link. The connection between Sicily and Sardinia, approved in September 2023, will stretch for 480 kilometers between the Fiumetorto landing point, Palermo in Sici

about 1 year ago
WATCH: First of four Sea1 Offshore offshore energy support vessels enters construction
Transition

WATCH: First of four Sea1 offshore energy support vessels enters construction

The construction of the first of four offshore energy support vessels (OESVs) that Norwegian offshore services provider Sea1 Offshore ordered from China has officially begun. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contra

about 1 year ago
LR forges alliance with H2C to propel maritime decarbonization
Transition

LR forges alliance with H2C to propel maritime decarbonization

UK-based classification society Lloyd’s Register (LR) has formed a strategic partnership with H2C, the global attribute market platform for low-carbon fuels, to speed up maritime fuel switching.

about 1 year ago
UK government
Transition

UK government to channel more than $1.49B into maritime industry growth

The United Kingdom (UK) government has decided to allocate over £1.1 billion (approximately $1.49 billion) in joint government and industry investments for the maritime sector, seeking to expand growth and boost innovation in engineering, green technology and construction sectors. Per the nation’s D

about 1 year ago
NKT named preferred bidder for UK’s subsea green electricity superhighway
Transition

NKT named preferred bidder for UK’s subsea green electricity superhighway

Danish power cable manufacturer and installation firm NKT has been selected as the preferred bidder for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, set to become one of the biggest electricity transmission projects in the U

about 1 year ago
Hellenic Cables to link Corfu island to Greek mainland
Transition

Hellenic Cables to link Corfu island to Greek mainland

Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) has awarded Hellenic Cables with a contract for the delivery of a cable system that will link the island of Corfu with the mainland. IPTO announced a couple of days ago that it was investing over €61 million to f

about 1 year ago
Hapag-Lloyd
Transition

Hapag-Lloyd picks Shell bio-LNG for its green containership fleet

German container shipping major Hapag-Lloyd and the Netherlands-based marine fuel supplier Shell Western LNG, an indirect subsidiary of Shell, have signed a multi-year agreement for the supply of liquefied biomethane.

about 1 year ago
JERA
Transition

New energy hub on the cards for Balkans as JERA and Montenegro delve into LNG terminal possibilities

Japan’s energy major JERA has taken steps to augment its liquefied natural gas (LNG) arsenal by striking a deal with the government of Montenegro to look into the development of an LNG terminal and an associated gas-fired plant, which has the potential to establish a new energy hub in the Western Ba

about 1 year ago
Greece investing over €61M in third Corfu-mainland interconnector
Transition

Greece investing over €61M in third Corfu-mainland interconnector

Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) is investing more than €61 million to further strengthen Corfu’s energy security with a third subsea interconnector linking the island to the mainland. The project will see the construction of the 21-kilometer 15

about 1 year ago
FPSO Agogo; Source: Yinson Production
Transition

Yinson Production charting carbon capture course with Norwegian firm

With the aim of forging a path toward sustainability, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has taken steps to ignite carbon capture advancement through its partnership with Carbon Circle, a Norway-based carbon capture a

about 1 year ago
Marine license application filed for one of UK’s largest power projects
Transition

Marine license application filed for one of UK’s largest power projects

SSEN Transmission has submitted a marine license application for the Scottish marine elements of the Eastern Green Link 3 (EGL3) project between Scotland and England, set to become one of the biggest electricity transmission projects in the UK. The application, submitted to the Marine Directorate –

about 1 year ago
FuelEU Maritime pooling is no silver bullet, ZERO44 warns
Transition

FuelEU Maritime pooling is no silver bullet, ZERO44 warns

While often presented as the simplest solution to meet the requirements of the FuelEU Maritime regulation, pooling can become a long-term cost trap for shipowners, Berlin-based platform ZERO44 warned in its new whitepaper.

about 1 year ago