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U.S. Energy Secretary Jennifer Granholm; Source: Department of Energy
Transition

U.S. Energy Secretary readies $40 billion in loans to boost clean energy

U.S. Energy Secretary Jennifer Granholm will reactivate her department’s loan program office to boost the transition to clean energy.

about 5 years ago
Miros Mocean - Digitised Ocean
Transition

BW Group, Miros form vessel performance optimization JV

Singapore-based gas shipping giant BW Group and technology company Miros are launching Miros Mocean, a joint venture focusing on optimizing vessel performance. The new company will combine BW Group’s maritime expertise with Miros’ radar technology providing precise data about the operating condition

about 5 years ago
A concept for wave-powered renewable energy system for subsea equipment (Courtesy of Mocean Energy)
Transition

Energy companies invest £1.6M in wave-powered demo for subsea projects

Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.

about 5 years ago
Liza Destiny FPSO is operating for ExxonMobil off Guyana
Transition

ExxonMobil curbs spending plans, reveals path to lower-carbon future

ExxonMobil has revealed that its capital spending for 2021 will be in the $16-$19 billion range as well as plans to focus on developing technologies to reduce emissions.

about 5 years ago
bimco measures shipping
Transition

BIMCO: Shipping needs global market-based measures

BIMCO, the world’s largest shipping association, has called on states and the shipping industry to start a dialogue on how to create a global ruleset for market-based measures (MBM) to support the use of low carbon fuels and to create a level playing field for the industry.

about 5 years ago
Illustration; Source: Pale Blue Dot
Transition

Mitsui invests in Acorn carbon capture and storage project

Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK.

about 5 years ago
Neil Gordon Subsea UK CEO
Transition

Subsea sector talks floating offshore wind

Subsea companies can find out how to leverage the opportunities in the floating offshore wind through a three-part webinar series organised by Subsea UK and the Offshore Renewable Energy (ORE) Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE), beginning 9 March. Subsea UK is encouragi

about 5 years ago
Ports of Stockholm
Transition

Swedish government awards eco-bonus to shipping firms

The Swedish government has awarded four shipping companies with an environmental bonus for innovative and sustainable projects. Three of the four projects selected to receive eco-bonus operate services to and from Ports of Stockholm: AB Rederi Gotland won the bonus for changing from road cargo trans

about 5 years ago
Greenlink interconnector map
Transition

Greenlink gets green light for cable setup in UK waters

Ireland-Wales Greenlink electricity interconnector has secured consent for a marine licence from Natural Resources Wales (NRW). The marine licence covers installation of the marine cable in UK waters. Greenlink said the approval by NRW is a major milestone and joins the onshore planning consents gra

about 5 years ago
Louise Kingham - BP
Transition

BP elects new head of UK business

Peter Mather, BP’s UK head of country and senior vice president for Europe, will ‎leave BP at the end of the year and will be replaced by Louise Kingham.

about 5 years ago
E-Flexer ferry
Transition

Stena scores $180 million loan for E-Flexer ferries

Swedish-based international shipping company Stena has signed a $180 million loan agreement with KfW-Bank to finance two new E-Flexer RoPax ferries. The dup forms part of a series of nine new vessels ordered by Stena from China Merchants Jinling Shipyard (Weihai). The shipyard has already delivered

about 5 years ago
Grimaldi RoRo
Transition

Grimaldi christens 3rd hybrid RoRo newbuild

Italian shipping company Grimaldi has christened Eco Livorno, the third hybrid roll-on/roll-off (RoRo) unit of Grimaldi Green 5th Generation (GG5G) vessel class.

about 5 years ago
UK shore power
Transition

Shore power key to unlocking triple win for UK ports

Government support for shore-power is essential to unlocking a triple-win of cleaner air, lower climate pollution, and smart 21st-century electricity grids in UK ports, new research found.

about 5 years ago
Windship Technology’s true zero-emission ship design sparks interest from the market
Transition

Windship Technology’s true zero-emission ship design sparks interest from the market

Following its recent unveiling of the ‘Tesla of the Seas’, British company Windship Technology has launched talks with interested parties from the shipping industry and investment circles to bring the true zero-emission vessel design into the market. “Significant ESG-focused investors are recognisin

about 5 years ago
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