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Transition

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Baleària
Transition

Baleària inks first green loan in Spanish shipping sector

Spanish shipping company Baleària has signed the first sustainable financing agreement in the Spanish shipping sector with a green loan of EUR 80 million (about $88.4 million).

about 4 years ago
Illustration/Nova Innovation's tidal energy turbine (Courtesy of Nova Innovation)
Transition

UK launches €12 million call for greater clean energy independence

The UK Government has set aside €12.2 million (£10 million) for energy entrepreneurs developing innovative green technologies that can help cut UK’s reliance on expensive fossil fuels.

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about 4 years ago
Erik Thun
Transition

Erik Thun orders climate friendly tanker in China

Swedish shipping company Erik Thun Group has decided to order a new dual-fuel tanker in China.

about 4 years ago
carbon capture
Transition

Scorpio Tankers, Carbon Ridge team up to develop onboard carbon capture for ships

Monaco-based tanker operator Scorpio Tankers has entered into a memorandum of understanding with Californian company Carbon Ridge to collaborate on the development of onboard carbon capture for maritime vessels.

about 4 years ago
Swiss tech player to provide power from shore for Equinor’s North Sea electrification project
Transition

ABB to provide power from shore for Equinor’s North Sea electrification project

ABB has secured a deal with Aibel for the provision of power from shore technology to the Equinor-operated North Sea field.

about 4 years ago
Carbon Collectors
Transition

Carbon Collectors to assess Value Maritime’s carbon capture tech onboard new tugs

Value Maritime and Carbon Collectors will together perform a conceptual design study for a new fleet of tugs to be built by the latter.

about 4 years ago
Ursula von der Leyen, President of European Commission (Courtesy of European Commission)
Transition

In focus: Europe goes all in to ensure energy security and net-zero future

In the light of Russia’s attack on Ukraine, Europe has intensified efforts on all fronts to ensure its energy security and shift away from global dominance of fossil fuels.

about 4 years ago
Baleària
Transition

Baleària exploring green hydrogen, biomethane as part of 2050 target

Spanish ferry operator Baleària has reiterated its commitment to cleaner energies as it aims to become carbon neutral by 2050.

about 4 years ago
EC President Ursula von der Leyen and U.S. President Joe Biden - energy security
Transition

U.S. and EU seal the deal for LNG supply as Europe seeks to cut Russian energy ties

The U.S. will supply 15 bcm of LNG to the EU this year to strengthen European energy security and reduce reliance on Russian energy.

about 4 years ago
Saipem
Transition

Saipem board adopts rescue plan with $2.2 bln capital increase in sight

The board of directors of Saipem has approved a rescue plan to strengthen the company’s financial and capital structure.

about 4 years ago
ABS
Transition

ABS CEO: Maritime industry needs gov’t support to drive decarbonization

Governments need to support the maritime industry’s actions toward a net-zero future, according to Christopher J. Wiernicki, ABS Chairman, President and CEO.

about 4 years ago
Solid Sail
Transition

BV okays Solid Sail system to help cut large cruise ship emissions

French classification society Bureau Veritas (BV) has delivered an approval in principle (AiP) to compatriot shipyard Chantiers de l’Atlantique for its sailing propulsion system, Solid Sail, tailored for the market of large cruise ships.

about 4 years ago
shore power
Transition

Study: Green shore power has potential to cut emissions in ports by 90%

Green shore power could reduce emissions in ports by more than 90%, as well as minimise noise and air pollution levels, a new feasibility study released by Scotland’s Aberdeen Harbour shows.

about 4 years ago
Port of Zeebrugge
Transition

Port of Zeebrugge becomes newest SEA-LNG member

The Port of Zeebrugge, regarded as Belgium’s most important LNG hub, has joined SEA-LNG, the multi-sector industry coalition established to demonstrate LNG’s benefits as a viable marine fuel.

about 4 years ago