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Transition

Three Castor Initiative members sign MOU to build zero-emission VLCC pair

Classification society Lloyd’s Register (LR), shipbuilder Samsung Heavy Industries (SHI) and shipping company MISC via its subsidiary, AET, have signed a memorandum of understanding (MOU) for the development and construction of two very large crude carriers which can be operated on zero-emission fue

about 4 years ago

Illustration (Courtesy of EDP Renewables)

Transition

EDP Renewables secures grid link in floating solar auction in Portugal

EDP Renewables (EDPR) has secured grid connection deal as part of floating solar auction in Portugal, expected to enable the company to install up to 154MW of renewable energy capacity.

about 4 years ago

Transition

Amon Maritime, BSM form ammonia-powered ship management JV

Hamburg-based maritime services company Bernhard Schulte Shipmanagement (BSM) and the Norwegian ammonia specialist Amon Maritime have decided to form a 50/50 joint venture named Ula Ship Management.

about 4 years ago

Transition

Zero-Emission Shipping Mission publishes Industry Roadmap

Zero-Emission Shipping Mission, which aims to accelerate international public-private collaboration to scale and deploy new green maritime solutions, has published the Industry Roadmap as a step closer to achieving its goal.

about 4 years ago

Transition

Bornholm to become green fuel hub for 60,000 ships

Bornholm Bunker Hub, an international shipping consortium, has come one step closer to establishing a green bunkering station at Bornholm after conducting a feasibility study and is looking for partners and customers seeking to accelerate decarbonisation and refuel vessels with sustainable fuels. Th

about 4 years ago

Transition

World Bank: How can carbon revenues support the green transition of shipping?

The money raised through carbon pricing could be allocated towards many purposes. The decarbonization of the shipping industry itself is priority number one, according to a new report released by the World Bank.

about 4 years ago

Transition

Denmark uncovers emission reduction potential of North Sea electrification

The Danish Energy Agency has published an analysis of the potential for reducing CO2 emissions from domestic oil and gas extraction by electrifying the platforms in the North Sea.

about 4 years ago

Transition

Industry’s first: Furetank granted green credit guarantee

Furetank has become the first shipping compnay in Sweden to receive a green credit guarantee by the the Swedish Export Credit Agency for financing a vessel of “top-class environmental and climate standard”.

about 4 years ago

Transition

Norsepower, NAPA team up to reap wind propulsion benefits using voyage optimisation

Finland-based clean tech company Norsepower has signed a formal agreement with NAPA, a compatriot maritime software, services and data analysis provider, to offer weather routing software in combination with its Rotor Sails solution.

about 4 years ago

IEA Executive Director Fatih Birol at the 2022 IEA Ministerial Meeting

Transition

IEA states to release emergency oil reserves for the second time this year

The International Energy Agency’s (IEA) 31 members agreed to a new release of oil from emergency reserves in response to the market turmoil.

about 4 years ago

Transition

In focus: Both political and corporate efforts needed to amp up transition to clean energy

Both government and commercial efforts are needed to speed up the transition to clean energy, since, as Shell says, the transition is not just about reducing CO2 emissions, but it is rather a political balancing act that needs government-led policies.

about 4 years ago

U.S. President, Joe Biden - The White House

Transition

Biden orders ‘the largest release of oil reserves in American history’ to lower prices

U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history.

about 4 years ago

Activists block 10 oil facilities across UK demanding immediate halt to new fossil fuel projects

Transition

Activists block 10 oil facilities across UK to demand immediate halt to new fossil fuel projects

Environmental activists have blocked ten oil terminals across the UK, demanding a stop to new oil & gas projects and investments in the UK.

about 4 years ago

Transition

Yara pre-orders world’s 1st green ammonia floating bunkering terminals

The world’s first carbon-free ammonia fuel bunker network is arriving in Scandinavia. Norwegian fertilizer company Yara International has pre-ordered 15 floating bunkering terminals from compatriot Azane Fuel Solutions, enabling the delivery of green ammonia fuel to the shipping industry.

about 4 years ago