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Transition

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Illustration; IMO Secretary General Kitack Lim; Image courtesy: IMO
Transition

IMO about to pick the new Secretary-General

The 129th session of the Council of the International Maritime Organization (IMO) has commenced, bringing together representatives from member states worldwide. The event takes place from the 17th to the 21st of July 2023. A key highlight of this session will be the election of the new IMO Secretary

about 3 years ago
In focus: Is LNG stuck between a rock and a hard place in the energy transition story?
Transition

In focus: Is LNG stuck between a rock and a hard place in the energy transition story?

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The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen

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
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
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
Saudi Arabia and France form energy alliance, H2 and electricity in focus
Transition

Saudi Arabia and France form energy alliance, H2 and electricity in focus

Saudi Arabia and France have agreed to strengthen their cooperation in the field of energy, acknowledging that energy is one of the main pillars of their mutual long-term partnership. The two countries affirmed their commitments by signing a Memorandum of Understanding (MoU) on 2 February 2023. Both

about 3 years ago
A photo of the Sealhyfe offshore green hydrogen production platform next to the Floatgen floating wind turbine
Transition

In focus: CCS and renewables leading the energy transition race

The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner

about 3 years ago
Core Power
Transition

Malone: Nuclear power can ignite growth of alternative fuel infrastructure and ship orders

Utilizing nuclear power could become a catalyst for the growth of alternative fuel infrastructure projects and the ship orders to go with it, according to Principal of Sea/Switch Partners and Partner in the ETFMG Breakwave Sea Decarbonization Tech ETF, BSEA, Hal Malone. As explained, shipping decarb

about 3 years ago
Electric boat and ship markets gaining momentum, says IDTechEx
Transition

Electric boat and ship markets gaining momentum, says IDTechEx

In its new report “Electric Boats & Ships 2024-2044,” technology company IDTechEx has provided granular 20-year forecasts in unit sales, battery demand and battery market value for the electric ferry, electric cargo/container, electric Ro-Ro, electric cruise, electric OSV, electric tugboat and elect

about 3 years ago
Canada
Transition

EU urges IMO to set net-zero emissions target for 2050

The European Union (EU) has put forward an ambitious proposal to achieve net-zero emissions in the shipping sector by 2050. On 21 June 2023, the EU Delegation to the UN, together with Denmark, Palau and Samoa, and with the participation of Special Adviser to the UN Secretary-General and ASG of the C

about 3 years ago
Lycaste Peace
Transition

Astomos, Inpex in Middle East’s 1st ever VLGC biofuel bunkering

Japanese LPG trader and importer Astomos Energy Corporation and compatriot energy company Inpex Corporation have completed the supply of B24 biofuel bunker to a Very Large Gas Carrier (VLGC) chartered by Astomos. The endeavor marks the first-ever biofuel supply to a VLGC in the Middle East. Biofuels

about 3 years ago
Illustration; Source: The International Renewable Energy Agency (IRENA)
Transition

Annual renewable power must triple by 2030, IRENA claims

In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C climate target within reach. More specifically, IRENA identifies the way forward to immediately

about 3 years ago
Antonio Guterres, UN Secretary-General; Credit: Kiara Worth/UNFCCC
Transition

UN adopts historic High Seas Treaty

The UN’s 193 member states adopted a legally binding marine biodiversity agreement on Monday following nearly two decades of negotiations over forging a common wave of conservation and sustainability in the high seas beyond national boundaries – covering two thirds of the planet’s oceans. It forms t

about 3 years ago
Credit; IISD/ENB/Kiara Worth
Transition

Headway made in Bonn but all hopes rest on COP28’s shoulders to tackle emission reduction challenges

The Bonn Climate Change Conference helped lay the groundwork for the political decisions required at COP28 in Dubai at the end of the year.

about 3 years ago