A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 emissions attributed to international maritime shipping by mid-century, a new report by the International Renewable Energy Agency (IRENA) finds.
UK’s petroleum regulator, the Oil and Gas Authority (OGA), has awarded a carbon dioxide appraisal and storage licence to Harbour Energy.
John Swire & Sons Limited, the parent company of the Swire Group, and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a partnership agreement, committing to a long-term strategic collaboration around the development of safe and sustainable decarbonization solutions for the maritim
Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40 per cent from 2019 levels by 2030.
International energy logistics provider Peterson has disclosed its sustainability goal to be carbon neutral by the end of 2022.
Belgium-based tanker shipping company Euronav has completed a B30 biofuel test on its Suezmax vessel Statia.
Finnish shipping company ESL Shipping, compatriot ferry operator Viking Line and development services provider Attracs have recently joined forces with Åbo Akademi University and PBI Research Institute in an effort to solve the most pressing obstacles for reducing emissions and improving transparenc
The government of São Tomé and Príncipe has announced partnership with the UK-based Global OTEC Resources for the deployment of the first commercial floating ocean thermal energy conversion (OTEC) platform.
Subsea engineering, construction and services company Subsea 7 has revealed its target to achieve Net Zero greenhouse gas (GHG) emissions by 2050.
Bermuda-registered, Norway-based dry bulk shipping company GOGL has decided to order four Kamsarmaxes and dispose of two older Panamaxes.
Although compatible with all oceangoing vessel types, the air lubrication technology is especially suitable for liquefied natural gas (LNG) carriers, Noah Silberschmidt, CEO of Silverstream Technologies, revealed in an interview with Offshore Energy – Green Marine.
Eidesvik has signed a cooperation agreement with Wärtsilä to retrofit an offshore supply vessel with an ammonia-fuelled combustion engine.
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has informed that its proposed wave energy project in Mauritius, to be developed with Bombora Wave Power, received subsidy from the Ministry of Economy, Trade and Industry (METI) of Japan.
Swiss-Italian dry bulk ship operator Nova Marine Carriers undertook its first carbon-neutral voyage last week, offsetting the CO2 emitted by its vessel MV Sider Rodi by voluntarily purchasing carbon credits for a Madagascan solar farm project.
