Danish shipping major Maersk has been included in the list of 134 ‘highly carbon-exposed companies’ that reportedly failed to disclose how climate-related risks might impact them financially. The list is part of a review produced by The Carbon Tracker Initiative, a think tank specializing in researc
The offshore energy industry is showing its strongest commitment and ramp-up in efforts to reach net-zero targets as soon as possible and get the energy crisis worries off its chest. Cutting vessel emissions has always been an integral part of the equation. With hybrid power solutions and different
The Port of Long Beach has joined the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES), a public-private partnership formed to help capture federal funding for developing a renewable hydrogen market in California. ARCHES was launched to serve as the lead applicant for California’s bid t
China-based Yangzijiang Shipbuilding revealed that it has secured orders for a total of 22 vessels since last August, achieving its highest-ever total orderbook value of $10.27 billion and extending its revenue visibility to mid-2025. Out of the orders for the 22 vessels, six are 66,000 dwt bulk car
Danish ship owner and operator Uni-Tankers has decided to retrofit two of its tankers to meet expectations for energy efficiency for the years ahead.
UK government has launched the 33rd offshore oil and gas licensing round, making 898 blocks and part-blocks available in an effort to boost the country’s energy security.
The IMO’s regulation on the carbon intensity indicator (CII) that enters into force in 2023 has come under a lot of fire in the shipping industry as a regulation that could punish owners with poor vessel ratings on the grounds of factors that they cannot influence upon. The CII is aimed at supportin
European Union and the Norwegian government have agreed to continue working together to stabilize the energy markets in Europe.
Two new joint industry projects have been launched to develop standards for how floating solar systems are designed, manufactured, installed and operated in a safe and cost-efficient manner.
Liquified bio-methane (bio-LNG) can make a major contribution to maritime decarbonisation, a new study commissioned by SEA-LNG has found.
PTTEP has picked Technip Energies to perform the FEED work on an onshore gas plant associated with carbon capture in Malaysia.
French green and renewable hydrogen producer Lhyfe plans to develop 200 MW plant in Delfzijl, Netherlands, as part of its ambition to establish decentralized hydrogen ecosystems of various plant sizes throughout Europe. According to Luc Grare, head of Central and Eastern Europe at Lhyfe, Delfzijl is
Allseas is fitting three vessels with Kongsberg Maritime’s battery tech and intends to pursue hybrid power solutions for its other vessels.
Sweden’s ferry company Gotland Company (Gotlandsbolaget) has unveiled the concept of Gotland Hydrocat, the world’s first large-scale, high-speed catamaran vessel powered by fossil-free hydrogen.
