Fenix Marine Services (FMS) is transitioning its fleet of over 300 pieces of container handling equipment from fossil-based diesel fuel to renewable diesel fuel, effective immediately.
No stone is left unturned when it comes to options for reducing carbon emissions, including electrification of oil and gas assets, carbon capture usage and storage, replacing fossil with renewable sources of energy and introducing alternative fuels like hydrogen and ammonia.
Norwegian engineering company TECO 2030 has urged the International Maritime Organization (IMO) to recognize the role carbon capture will play in reducing greenhouse gas (GHG) emissions from international shipping, as not enough vessels will undergo fuel switches to meet the climate targets.
Rederi AB Donsötank, a Swedish family-owned shipowner, has launched its second LNG-powered oil products and chemical tanker at Chinese Wuhu Shipyard Co. Named M/T Pacifico, the ice-strengthened ship, will featuring ice class 1A, and will have shore-connection for port operations, prepared for 1000 k
Dutch shipping company Schram Shipping has signed a contract with compatriot wind propulsion solutions provider eConowind for new wind-assist installation.
British oil and gas major BP is joining the recently established consortium between Statkraft and Aker Offshore Wind, which is preparing a bid to build an offshore wind farm in Norway. The consortium will propose to develop an offshore wind project in the Sørlige Nordsjø II (SN2) area, with a plan t
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels.
Environmental regulations are creating a new language in shipping — its CO2 emissions per ton-mile, according to Christopher J. Wiernicki, ABS Chairman, President and CEO who spoke at the 11th Annual Capital Link Operational Excellence in Shipping Forum.
Stolt Tankers and Tufton Investment Limited have teamed up to create a chemical carrier pool and cooperate in the field of decarbonization and sustainability.
French energy major TotalEnergies explores ammonia as an alternative marine fuel by participating in a series of relevant industry initiatives.
Japanese shipping major Mitsui O.S.K. Lines, Ltd. (MOL) has joined the Australia-based Global CCS Institute (GCCSI), an international think tank on carbon capture and storage (CCS) which is recognized as a means to achieve a low-carbon and decarbonized society.
With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action.
The construction has commenced on the world’s first fully electric passenger fast ferry at the Fjellstrand shipyard in Norway, partners in the EU-funded TrAM project said.
U.S. oil and gas company Kosmos Energy has appointed Roy A. Franklin to its board of directors, effective 9 June 2021.
