Brussels-based industry body Ocean Energy Europe has welcomed the new European strategy for offshore renewables as an important step towards scaling up a brand-new European industry, while calling for swift, concrete implementation of the strategy’s actions.
The world’s largest container shipping company Maersk is likely to opt for a zero-emission alternative to fossil fuels rather than choosing LNG as a bridging fuel for the company’s fleet. “We don’t believe that LNG will play a big role for us as a transition fuel, because it is still a fossil fuel a
The European Commission has presented the EU Strategy on Offshore Renewable Energy which sets a goal of reaching 40 GW of installed capacity for ocean energy, and other emerging technologies like floating wind and solar, by 2050.
UK Prime Minister Boris Johnson has released a £12 billion plan for a ‘green industrial revolution’ that is expected to support up to 250,000 jobs.
The Edinburgh-based start-up Mocean Energy has secured a major investment to advance the design of its Blue Star wave energy device, and drive its adoption in subsea oil and gas sector.
The International Maritime Organization (IMO) has approved a number of measures aimed at cutting the shipping sector’s carbon emissions in the next decade. The measures adopted at the IMO’s Marine Environment Protection Committee (MEPC) taking place virtually from 16-20 November included amendments
Classification and technical advisory body ABS has recently published the ‘Guide for Subsea Mining’. The guide details Class requirements for the design, construction, installation as well as survey of mobile offshore mining units. It comes as global interest in resources on the sea floor grows to s
Marine industry experts from Portugal and Canada are staging a special ‘blue economy’ conference to spark transatlantic business growth.
Norwegian shipowner Grieg Star has set up a separate company, named Grieg Edge, to drive innovations within sustainable maritime services.
Scorpio Bulkers Inc. has entered into agreements with two unaffiliated third parties to sell five Kamsarmax bulkers for a total of $101.5 million. The ships that will be changing hands are the SBI Parapara, SBI Jive, SBI Swing and SBI Mazurka, Kamsarmax bulk carriers built in 2017, and SBI Reggae, a
Rumour has it that the European Commission is considering a massive increase in installed offshore renewable energy capacity by 2050, with as much as 300 GW of offshore wind, and 60 GW of ocean energies to be in place by that time. According to media reports from Reuters and Euractiv, a draft of the
Energy and commodity pricing service Argus has agreed to share its database of ammonia terminals with DNV GL’s Alternative Fuel Insight online platform, a website that provides information about and promotes the use of alternative fuels.
In a bid to accelerate the transition to sustainable energy production, Aker Solutions has launched a call to action urging industry, authorities, and society to work together to achieve common goals.
Norwegian energy giant Equinor has invited contractors to show interest for a pre-qualification process related to the Horizontal Directional Drilling (HDD) works for the landfall of CO2 pipeline as part of the Northern Lights project.
