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Transition

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Illustration; Source: Shell
Transition

27 shareholders heap more pressure on Shell to take ‘credible’ climate action

Shell is facing additional pressure from 27 investors, who manage more than €3.9 trillion in assets, to pursue decarbonization with more vigor.

about 2 years ago
Stena Progressive
Transition

GSI wraps up China’s 1st methanol dual-fuel tanker construction project with delivery of Stena Progressive

China’s shipbuilding major Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, has handed over the 50,000-ton methanol dual-fuel oil tanker Stena Progressive to its owner Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proma

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about 2 years ago
Floating solar market will be as big as the onshore solar sector, says Oceans of Energy CEO
Transition

Floating solar market will be as big as onshore solar sector, says Oceans of Energy CEO

The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]

about 2 years ago
illustration
Transition

Clarksons forecasts 40 million CGT output for 2024-2025 after record year for car carriers

As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output fo

about 2 years ago
N-Sea charters fuel-efficient vessel in move to strengthen its subsea offering
Transition

N-Sea charters fuel-efficient vessel in move to strengthen subsea offering

The Netherlands-headquartered N-Sea has chartered a hybrid, fuel-efficient survey and remotely operated vehicle (ROV) support vessel in a push to strengthen its offshore subsea activities. N-Sea Group entered into an agreement with Geo Plus to long-term charter the Dutch-flagged vessel Geo Ranger, w

about 2 years ago
bulker powered by ammonia
Transition

Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships

Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day p

about 2 years ago
MAN Karadeniz
Transition

MAN ES to supply 48 dual-fuel engines to Karpowership

Engine powerhouse MAN Energy Solutions has signed a contract with Turkish powership builder and owner Karpowership for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of power plant ships. The engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output

about 2 years ago
Port of Hamburg
Transition

New joint venture to scale up renewable energy use in Port of Hamburg

Hamburg Port Authority (HPA) and electricity supplier Hamburger Energiewerke (HEnW) have decided to create a joint venture to drive forward the decarbonisation of the Port of Hamburg.

about 2 years ago
ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021
Transition

ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati

about 2 years ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Transition

Türkiye’s new energy efficiency roadmap envisions $20 billion investment by 2030

Türkiye is pulling out all the stops to fortify its energy security, including new energy efficiency roadmap and action plan.

about 2 years ago
Discriminating hydrogen colors will not get us any further
Transition

Discriminating against hydrogen colors will not get us any further

Hydrogen, deemed as a connector for offshore energy markets, is yet to play a very important role, especially in hard-to-abate sectors. The energy transition and especially the hydrogen transition can be built efficiently, faster, cheaper, and with fewer emissions if we build it on existing knowledg

about 2 years ago
Klaipedos Nafta revamps amid changes in energy sector
Transition

Klaipedos Nafta revamps amid changes in energy sector

Lithuanian energy terminal operator Klaipedos Nafta (KN) has officially changed its name to KN Energies to reflect the company’s strategic changes. Specifically, the operator said the name change reflects the company’s new long-term strategy to follow the path of sustainable energy by switching from

about 2 years ago
Artemis Technologies
Transition

Artemis Technologies: Denmark to get its first 100% electric foiling workboat

UK-based maritime design and applied technologies company Artemis Technologies has sold a 100% electric foiling workboat to Denmark.

about 2 years ago
green ammonia
Transition

Green ammonia could decarbonize 60% of global shipping by 2050, study reveals

Green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top ten regional fuel ports, a new study shows.

about 2 years ago