Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets.
Maritime UK, the collective voice for the UK’s maritime industries, is forming a partnership with Carbon13, the venture builder for the climate crisis, to support entrepreneurs reaching for net zero.
Monaco-based bulker owner Safe Bulkers has acquired a Japanese-built Post-Panamax class, 87,000 dwt, eco-efficient newbuild vessel. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to greenhouse gas, EEDI, Phase 3. Once delivered in the third quarter o
Aker Solutions has secured a contract from Aker Carbon Capture for engineering, procurement and management assistance to realise the CO2 capture plant at Norcem’s cement factory in Brevik, Norway. The project will start in January 2021, with work completed in 2024. The contract has a value of about
Japanese shipbuilding majors Imabari Shipbuilding and Japan Marine United Corporation have received approvals from all competition authorities to move forward with the establishment of their Joint Venture company. As disclosed, the capital and business alliance and the establishment of the joint ven
A project to construct the world’s first zero-emission hydrogen vessels has been awarded NOK 219 million ($25 million) by the Norwegian government-owned organization Enova.
Monaco-based ship owner and operator Scorpio Bulkers will sell its remaining dry bulk vessels, exit the dry bulk sector and change name during 2021 as part of its transition to a sustainable future.
Port of Milford Haven has submitted a planning application seeking approval for works to begin at Pembroke Port to create the infrastructure needed to support the development of a world-class renewable energy and engineering hub.
Grieg Edge, an innovation hub established by Grieg Star Group, and Wärtsilä Norway have secured financial support for their project to build the world’s first green ammonia fueled tanker – to ship green ammonia. Specifically, the MS Green Ammonia project will receive NOK 46.3 million from the Norweg
Finnish shipbuilder Meyer Turku has delivered Mardi Gras, a 180, 000 gross tonnage, LNG-powered cruise ship, to the world’s largest cruise ship operator Carnival Cruise Line. The shipbuilder sees the delivery as a major milestone having in mind the actual circumstances of the COVID-19 crisis. Namely
Damen Shipyards Galati in Romania has launched the fourth Island Class battery-powered ferry for the Canadian ferry operator BC Ferries. Work will continue on the new ship until scheduled sea trials in April. Following successful sea trials, the vessel will make its way to Point Hope Maritime in Vic
Echandia Marine, a Sweden-based zero-emission energy technology provider, has signed an agreement with Siemens to provide E-LTO battery systems for 23 modern electric ferries for the South Indian city of Kochi’s public transport. The project comprises a total of 78 zero-emission vessels, which is th
Commodity trader Gunvor Group has made an investment in Artemis Technologies as a part of the company’s commitment to developing nonhydrocarbon solutions to maritime transportation. The investment by Gunvor follows the recent award of a £33 million ($ 44.8 million) UK Government innovation grant to
A revised Strategy from the UK OGA, featuring a range of new net-zero obligations for the UK oil & gas industry, was submitted before the UK Parliament.
