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Transition

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Swire Shipping
Transition

Swire Shipping rolls out new carbon insetting program

Singapore-based shipping company Swire Shipping has launched Voyage to Zero, a carbon insetting program that promises a reduction in Scope 3 greenhouse gas (GHG) emissions.

about 1 year ago
European Investment Bank approves €168M for second Malta-Italy interconnector
Transition

European Investment Bank approves €168M for second Malta-Italy interconnector

The European Investment Bank (EIB) has approved financing in the amount of approximately €168 million for the second electrical interconnector between Malta and Italy. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna subs

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about 1 year ago
Fugro's new partnership aims to keep Northern European subsea infrastructure safe
Transition

Fugro’s new partnership aims to keep Northern European subsea infrastructure safe

Fugro has partnered up with high-tech software company DTACT and AI-powered satellite intelligence company Ubotica to develop a data fusion and intelligence platform that will provide government organizations with the information needed to strengthen national security and safeguard critical underwat

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Transition

Hydrogen Europe: EU’s low-carbon rules improve, but still fall short of market needs

Hydrogen Europe has acknowledged improvements in the final version of the European Commission’s Low Carbon Hydrogen Delegated Act, but noted that the rules still fall short of market needs.

about 1 year ago
TGS' technology chosen to advance digitalization of Northern Light's operations
Transition

TGS’ technology chosen to advance digitalization of Northern Light’s operations

Norwegian state-owned energy company Equinor has entered into an agreement with compatriot energy data and intelligence company TGS to advance the digitalization of carbon capture and storage (CCS) operations under which TGS’ technology will be integrated into the Northern Lights CO2 transport and s

about 1 year ago
Argeo halts bankruptcy plans as industry player shows interest
Transition

Bankruptcy plans halted as industrial player takes an interest in Argeo

Norway’s subsea services provider Argeo has postponed its decision to file for bankruptcy after receiving an indication of interest from an industrial player. It was reported on July 7 that Argeo and its Norwegian subsidiaries Argeo Survey, Argeo Robotics and Argeo Multiclient had resolved to file f

about 1 year ago
EU
Transition

European Commission completes hydrogen framework with new low-carbon methodology

The European Commission has adopted a greenhouse gas (GHG) emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive, completing the European Union’s (EU’s) regulatory framework for hydrogen.

about 1 year ago
biofuels
Transition

Syroco boards Armateurs de France to further back maritime decarbonization

Syroco, a French climate tech startup delivering performance and voyage optimization solutions to the maritime industry, has become the latest member of the country’s shipowner association, Armateurs de France. As disclosed, as part of Armateurs de France, Syroco plans to contribute to the organizat

about 1 year ago
Japan consortium to kick off gov’t-backed project to ‘boost’ its shipbuilding capacity
Transition

Japan consortium to kick off gov’t-backed project to ‘boost’ its shipbuilding capacity

A consortium consisting of ten Japanese shipbuilders, research institutes and academic institutions has unpacked a five-year initiative to ‘boost’ the competitiveness and digital transformation of the maritime industry and support the development of next-generation, high-performance vessels. The pro

about 1 year ago
Swedish state-owned corp backs financing of large UK subsea link with €800M
Transition

Swedish state-owned corp backs financing of large UK subsea link with €800M

Swedish Export Credit Corporation (SEK), a state-owned company that finances Swedish exporters, their subcontractor, and foreign customers, has agreed a €800 million loan facility with National Grid Electricity Transmission to fund a portion of what is said to be the UK’s largest-ever electricity tr

about 1 year ago
EDGE and DNV join forces on 20,000 cbm liquid hydrogen carrier for European waters
Transition

EDGE and DNV join forces on 20,000 cbm liquid hydrogen carrier for European waters

EDGE Navigation and DNV have signed an agreement to jointly develop a classification framework for a 20,000 cbm ocean-going liquid hydrogen (LH2) carrier.

about 1 year ago
New Nexans cable layer arrives in Norway to wrap up construction (Gallery)
Transition

Last destination before finalization: New Nexans cable layer arrives in Norway (Gallery)

The hull of Nexans’ new cable-laying vessel (CLV) has arrived at Ulstein Verft in Norway, marking the start of its outfitting and completion phase. Based on an ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an updated version o

about 1 year ago
Final design unveiled for Port of Newcastle’s Clean Energy Precinct project
Transition

Final design unveiled for Port of Newcastle’s Clean Energy Precinct project

Australia’s Minister for Climate Change and Energy, Chris Bowen, joined by Deputy Speaker of the House of Representatives, Sharon Claydon, and Port of Newcastle’s CEO, Craig Carmody, has unveiled the final design of the Clean Energy Precinct (CEP) project, marking a step toward positioning the site

about 1 year ago
Surveys to begin at Ireland-Wales interconnector in ten days
Transition

Surveys to begin at Ireland-Wales interconnector in ten days

Belgian GeoXYZ will be kicking off site investigations this month for a 750 MW electricity interconnector that will link Ireland and Wales. The MaresConnect interconnector will comprise a cable route of approximately 245 kilometers under the sea and underground between Dublin in Ireland and Bodelwyd

about 1 year ago