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Transition

BIMCO: Steady rise in scrubber-fitted ships backs demand for HSFO

In the first quarter of 2021, high-sulphur fuel oil (HSFO) has been the only bunker fuel to experience year-on-year growth in Singapore, the world’s largest bunkering hub, data from BIMCO shows. HSFO sales are up 47.2% from Q1 2020, reaching 3.1 million tonnes. This is, however, still less than a th

about 5 years ago

Ocean Harvesting Technologies’ wave energy technology

Transition

In focus: In pursuit of carbon-neutrality – the holy grail of energy transition

In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ

about 5 years ago

Transition

Offshore wind investments to reach $810 billion by 2030 – Rystad Energy

With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach $810 billion (approx. €670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energ

about 5 years ago

Photo showing SolarDuck's floating solar demonstrator installed in IJzendoorn (Courtesy of SolarDuck)

Transition

Watch: SolarDuck debuts its floating solar platform

SolarDuck, a Dutch renewable energy start-up, has launched its first floating solar energy project at IJzendoorn in the Netherlands.

about 5 years ago

Transition

Cargotec eyes 1M tonne CO2 emission reduction in value chain

Cargotec has committed to reducing the CO2 emissions of its value chain by 1 million tons by 2024.

about 5 years ago

Supplying the advanced biofuel to MOL EXPERIENCE

Transition

ONE claims success in 2nd biofuel trial

Singapore-based Ocean Network Express (ONE) has completed the second trial of sustainable marine biofuel onboard the M/V MOL Experience. This time around the trial involved a three times higher mixing ratio in biofuel content. M/V MOL Experience was refuelled with marine biofuel during bunkering at

about 5 years ago

A World Bank Global Wind Atlas map showing a heat map of areas with offshore wind potential

Transition

Ten places to keep an eye on for offshore wind

Over the past few years, and especially in 2020, new geographical areas have been getting onto the offshore wind map and are likely to have their first projects up and running in the next decade, or the time leading up to 2050 – when renewable energy and other energy transition developments should b

about 5 years ago

Illustration/Ocean Harvesting Technologies' wave energy technology (Courtesy of Ocean Harvesting Technologies)

Transition

Nordic partnership targets oil and gas platforms emissions cut using wave tech

Oil and gas company Lundin Energy Norway has partnered up with Swedish wave energy developer Ocean Harvesting Technologies to explore the potential of using wave energy to decarbonise the production of oil and gas on offshore platforms.

about 5 years ago

Transition

Carbon Clean, Liquid Wind team up on production of eMethanol

Carbon capture technology provider Carbon Clean has entered into an agreement with power-to-fuels developer Liquid Wind to develop a carbon-neutral marine fuel. Under the terms of the deal, Carbon Clean’s technology will capture biogenic carbon dioxide emissions from a local industrial site. Within

about 5 years ago

Transition

EU maritime sector set to benefit from new sustainable finance package

On 21 April, the European Commission adopted a “sustainable finance” package to help improve the flow of money towards sustainable activities across the European Union.

about 5 years ago

Transition

7% of EU’s shipping fuels need to be green by 2030 for the sector to decarbonise

7% of the EU’s shipping fuels need to be green by 2030 for the sector to decarbonise by mid-century, a new study released by environmental NGO Transport & Environment (T&E) shows. The study analyses technical, operational and fuel options that could help cut EU shipping emissions in line with the EU

about 5 years ago

Transition

Hapag-Lloyd cuts sulphur oxide emissions by 70 pct in 2020

German container shipping major Hapag-Lloyd reduced its sulphur-oxide emissions by roughly 70 per cent in 2020 compared to 2019, a newly released report shows.

about 5 years ago

Transition

Lundin sells ‘world-first’ carbon-neutral certified oil

Oil and gas company Lundin Energy has sold the world’s first-ever certified carbon neutrally produced oil to Saras S.p.A from its Edvard Grieg field offshore Norway.

about 5 years ago

Transition

Viking Grace completes test run of Norsepower’s rotor sail

Viking Line’s passenger ship Viking Grace has completed the trial testing of the rotor sail technology developed by Finland-based clean tech company Norsepower.

about 5 years ago