In line with its decarbonization efforts, the Maritime and Port Authority of Singapore (MPA) is mandating for all harbor craft to become fully electric, capable of using B100 biofuels or be compatible with net zero fuels such as hydrogen by 2030. In addition to slashing emissions, switching from die
INEOS and Wintershall Dea marked a major milestone and a world first on 8 March with the first-ever injection of CO2 in the North Sea as part of Project Greensand. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in
Greek tanker owner Performance Shipping has signed a contract with China Shipbuilding Trading Company Limited and Shanghai Waigaoqiao Shipbuilding for the construction of a 114,000 dwt LNG-ready LR2 Aframax product/crude oil tanker worth $62.6 million. The shipowner said that the tanker is slated fo
A wave energy device, developed by the Spanish company Rotary Wave, has been installed in Valencia to provide clean electricity for the public lighting at the city’s seafront.
Methanol is the fastest-growing alternative fuel option being adopted by shipowners today next to LNG. The rise in popularity, especially over the past year, has been boosted by a massive vote of confidence by one of the world’s largest container shipping companies, Maersk, the example of which has
Jan De Nul, Tractebel, and DEME have jointly developed a new offshore floating solar technology, said to be capable of operating in harsh marine conditions and in combination with offshore wind farms.
Italian shipbuilder Fincantieri has launched Sun Princess at its yard in Monfalcone, the first of two LNG-powered cruise ships being built for Princess Cruises, an American cruise line owned by Carnival Corporation. With 175,500 gross tons, Sun Princess is the largest ship built in Italy so far, as
A new study has revealed that wave energy can play an instrumental role in the decarbonization of the steel manufacturing industry, which accounts for around 7% of global greenhouse emissions.
Santos Energy Solutions, an energy transition business of Australian oil&gas player Santos, has entered into an agreement with Osaka Gas Australia (OGA) to advance its project for producing carbon-neutral e-methane from green hydrogen. Santos entered into an agreement with the subsidiary of Japanese
Baker Hughes has joined forces with BP to further define and develop its new integrated suite of solutions for asset performance management and process optimisation.
Chevron and JERA have joined forces to explore carbon capture and storage (CCS) projects in the United States and Australia.
World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, said. Abbate said the company was “willing and ready” to further adopt
Italian energy giant Eni has completed the installation of ISWEC wave energy device off the coast of Pantelleria island in the Mediterranean Sea.
Japanese classification society ClassNK has issued four Approvals in Principle (AiPs) to French LNG containment specialist GTT recognizing the company’s latest development projects in alternative fuels. The concepts that won approvals include: – Concept of 12,500m3 LNG Dual-fuelled VLCC fitted with
