Category: decarbonization
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WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model
WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model McDermott and BW Offshore have unveiled a concept for a blue ammonia floating production, storage, and offloading (FPSO) unit that blends offshore production, carbon capture, and direct export, spotlighting the way in which surplus natural gas could be converted into a lower-carbon…
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Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer
Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission…
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Trio paving the way for hydrogen adoption in FPSO and maritime power sphere
Trio paving the way for hydrogen adoption in FPSO and maritime power sphere Three players, Japan’s MODEC, Norway’s Eld Energy, and Delta Electronics, have joined forces to expand hydrogen use in the maritime sector, driving energy transition by deploying solid oxide fuel cell (SOFC) technology for the first time on a floating production, storage and…
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Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon
Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon SBM Offshore is keeping Brazil and Guyana as the core hub of its FPSO activity, while eyeing new opportunities in West Africa. The post Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges…
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Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays
Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will…
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Global energy transition drags its feet as oil & gas reign over energy mix
Global energy transition drags its feet as oil & gas reign over energy mix Against the backdrop of rising greenhouse gas (GHG) emissions, energy security and financial prudence are running the investment policy show, putting the transition to low-carbon and green sources of supply on the back burner, as fossil fuels dominate the energy mix,…
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Odfjell presses play for Brazil-Europe green corridor as new zero-emission shipping step
Odfjell presses play for Brazil-Europe green corridor as new zero-emission shipping step Norway-headquartered Odfjell Group, a player in seaborne transportation and storage of chemicals and other specialty bulk liquids, has bankrolled and put into operation mode what it describes as the first operational green shipping corridor between Brazil and Europe. The post Odfjell presses play…
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North Sea green shift at play: Dutch gas platform plugs into German offshore wind power
North Sea green shift at play: Dutch gas platform plugs into German offshore wind power The Netherlands-based exploration and production player ONE-Dyas, together with its partners EBN and Tenaz Energy, has tucked a new decarbonization milestone under its belt by breathing life into the first natural gas production platform in the Dutch and German sectors…
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Methanol and shore power recipe to unlock Newcastle – Amsterdam green shipping corridor
Methanol and shore power recipe to unlock Newcastle – Amsterdam green shipping corridor Given the growing zest for specific routes where vessels employ low-emission propulsion, a new study has assessed the technical and commercial feasibility of introducing a green shipping corridor between Newcastle and Amsterdam. The post Methanol and shore power recipe to unlock Newcastle…
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Round-up: New oil & gas discoveries take center stage as LNG momentum grows
Round-up: New oil & gas discoveries take center stage as LNG momentum grows As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint…
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Denmark pushes back bid submission deadline for piece of $4.59 billion carbon capture and storage pie
Denmark pushes back bid submission deadline for piece of $4.59 billion carbon capture and storage pie The Danish Energy Agency has postponed the deadline for its carbon capture and storage (CCS) tendering procedure, which enables interested companies to get a slice of the DKK 28.7 billion ($4.59 billion) funding cake earmarked to lend Denmark a…
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EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure
EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest…
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Trio pools resources to forge CO2 logistics hub for carbon dioxide transport chain
Trio pools resources to forge CO2 logistics hub for carbon dioxide transport chain Three players in the offshore energy and maritime spheres – Höegh Evi, Aker BP, and Ports of Stockholm – have joined forces to bring to life a CO2 logistics hub and enable an efficient and sustainable transport chain for carbon dioxide from industrial…
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MoU advances standard designs for LCO₂ and alternative-fuel ships
MoU advances standard designs for LCO₂ and alternative-fuel ships Japan’s Mitsubishi Shipbuilding Co. Ltd., Imabari Shipbuilding Co., Ltd., “K” LINE, MOL, NYK Line, JMU, and NSY have signed a Memorandum of Understanding (MoU). The MoU establishes a standard design framework to efficiently develop and carry out the initial design of liquefied CO2 (LCO2) carriers and…
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IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization
IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director…
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Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission
Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission England-based energy transition-focused player EnergyPathways has handed in an application for an enlarged gas storage license, covering the natural gas and hydrogen storage elements of its flagship project, located off the Cumbria coast in the East Irish Sea. The post Fourfold…
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France’s Audacia launches €150M fund dedicated to next-gen fuels
France’s Audacia launches €150M fund dedicated to next-gen fuels France-based growth equity firm Audacia has launched Calderion, a €150 million fund dedicated to next-generation fuels such as low-carbon hydrogen, CO2 capture, and e-fuels. The post France’s Audacia launches €150M fund dedicated to next-gen fuels appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore…
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MSC Cruises and Chantiers de l’Atlantique shake hands on €3.5B deal for new LNG-fueled World Class duo
MSC Cruises and Chantiers de l’Atlantique shake hands on €3.5B deal for new LNG-fueled World Class duo MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has signed a […] The post MSC Cruises and Chantiers de l’Atlantique shake hands on €3.5B deal for new LNG-fueled World Class duo appeared first on Offshore…
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NYK to issue new round of transition bonds to support its ambitious decarbonization plan
NYK to issue new round of transition bonds to support its ambitious decarbonization plan Japanese shipping major Nippon Yusen Kaisha (NYK) has announced plans to issue transition bonds in late November in an effort to accelerate its decarbonization projects. The post NYK to issue new round of transition bonds to support its ambitious decarbonization plan…
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Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek
Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek South Korean conglomerate Hyundai Motor Group (HMG) has entered a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port initiatives, aiming to establish a Korean model for port decarbonization and contribute to national carbon-neutrality goals. The post…
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BV and other key players sign declaration on accelerating nuclear for maritime
BV and other key players sign declaration on accelerating nuclear for maritime With nuclear propulsion using Small Modular Reactors (SMRs) increasingly seen as a significant potential key to cutting maritime carbon emissions, Bureau Veritas (BV) has joined more than 30 European companies from the French and international nuclear and maritime sectors formally signing the “Declaration…
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EU moves to scale up production of sustainable maritime fuels as global race heats up
EU moves to scale up production of sustainable maritime fuels as global race heats up The European Commission has adopted the Sustainable Transport Investment Plan (STIP) which sets out a common approach to boost investments in renewable and low-carbon fuels focusing on waterborne and aviation transport. The post EU moves to scale up production of sustainable maritime fuels…
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QatarEnergy handpicks contractor for CCS project set to decarbonize its LNG production facilities
QatarEnergy handpicks contractor for CCS project set to decarbonize its LNG production facilities Qatar’s state-owned oil and gas giant QatarEnergy has chosen Samsung C&T Corporation as the contractor, which will breathe life into a giant carbon capture and sequestration (CCS) project designed to serve the Persian Gulf state’s existing liquefied natural gas (LNG) production facilities.…
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Clean Arctic Alliance hails Nordic push for sustainable polar marine fuels
Clean Arctic Alliance hails Nordic push for sustainable polar marine fuels The Clean Arctic Alliance has welcomed the Nordic Council’s adoption of a resolution concerning […] The post Clean Arctic Alliance hails Nordic push for sustainable polar marine fuels appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes
China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes China and France have put pen to paper on an agreement to establish a […] The post China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Op-Ed: How offshore operators can boost efficiency digitally
Op-Ed: How offshore operators can boost efficiency digitally By Damien Bertin, Business Director, Opsealog After several years of volatility, the offshore support vessel (OSV) sector is experiencing a rare period of relative stability. Supply remains tight and operators are looking at their business with cautious optimism. But market calm should not be mistaken for a…
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TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny
TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years. The post TotalEnergies…
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GIZ, Neuman & Esser, and HDF Energy partner to decarbonize Indonesia’s ferry fleet
GIZ, Neuman & Esser, and HDF Energy partner to decarbonize Indonesia’s ferry fleet The German International Cooperation Society (GIZ) has signed a PPP agreement with Neuman & Esser South East Asia (NEA SEA) and French HDF Energy to decarbonize Indonesia’s inter-island ferries to further scale the development of the country’s green hydrogen ecosystem. The post…
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Stena RoRo orders green RoRo cargo ships
Stena RoRo orders green RoRo cargo ships Swedish shipping company Stena RoRo has decided to invest in the future by commissioning a fleet of battery-hybrid vessels ready for next-generation fuels. The post Stena RoRo orders green RoRo cargo ships appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Ecuador takes national approach to fight marine biofouling
Ecuador takes national approach to fight marine biofouling Maritime officials in Ecuador have reached an agreement concerning a national information network aimed […] The post Ecuador takes national approach to fight marine biofouling appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Yang Ming’s Kuang Ming to enrich fleet with 4 eco-friendly Handymaxes
Yang Ming’s Kuang Ming to enrich fleet with 4 eco-friendly Handymaxes Taiwanese shipping company Yang Ming Marine Transport Corporation has revealed plans to order four new fuel-efficient Handymax bulk carriers. The post Yang Ming’s Kuang Ming to enrich fleet with 4 eco-friendly Handymaxes appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy…
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LR unpacks new guidance charting the path to nuclear propulsion at sea
LR unpacks new guidance charting the path to nuclear propulsion at sea The UK-based classification society Lloyd’s Register (LR) has issued new guidance aimed at offering […] The post LR unpacks new guidance charting the path to nuclear propulsion at sea appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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HMM places major order for 12 LNG-powered boxships, 2 VLCCs
HMM places major order for 12 LNG-powered boxships, 2 VLCCs South Korean shipping company HMM has ordered a fleet of containerships and very large crude carriers (VLCCs) worth KRW 4 trillion (about $2.9 billion). The post HMM places major order for 12 LNG-powered boxships, 2 VLCCs appeared first on Offshore Energy. Naida Hakirevic Prevljak Go…
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BV to class Møre Sjø’s 2+2 hydrogen-powered cargo ships
BV to class Møre Sjø’s 2+2 hydrogen-powered cargo ships French classification society Bureau Veritas Marine & Offshore (BV) has entered into a contract with Turkish Gelibolu Shipyard and German technology company eCap Marine for the classification of 2+2 hydrogen-powered cargo vessels to be built for Norwegian shipowner Møre Sjø AS. The post BV to class…
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India recognizes three major ports as green hydrogen hubs
India recognizes three major ports as green hydrogen hubs India’s Ministry of New and Renewable Energy (MNRE) has formally recognized three major ports as green hydrogen hubs under the National Green Hydrogen Mission (NGHM). The post India recognizes three major ports as green hydrogen hubs appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…
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DNV initiates ‘first’ public tender for long-term access to e-methanol
DNV initiates ‘first’ public tender for long-term access to e-methanol Oslo-headquartered classification society DNV is hosting the first open tender process to offer long-term […] The post DNV initiates ‘first’ public tender for long-term access to e-methanol appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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IMO NZF needs to include incentives for e-fuels, 20 green fuel producers say
IMO NZF needs to include incentives for e-fuels, 20 green fuel producers say Twenty green fuel producers have called on delegates of the International Maritime Organization (IMO) to seize a ‘once-in-a-generation’ opportunity to set shipping on a sustainable pathway. The post IMO NZF needs to include incentives for e-fuels, 20 green fuel producers say appeared…
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Germany first country to embark on Canada’s green shipping corridor initiative
Germany first country to embark on Canada’s green shipping corridor initiative Germany has become the first country to join a Canadian initiative to establish green shipping corridors. The post Germany first country to embark on Canada’s green shipping corridor initiative appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Cracks in industry support for IMO “Net Zero Framework” carbon tax start to show
Cracks in industry support for IMO “Net Zero Framework” carbon tax start to show The International Maritime Organization’s Marine Environment Protection Committee will hold an extraordinary session next week (October 14-17) to consider adoption of what IMO calls the “Net Zero Framework” (NZF). It’s actually what U.S, Secretary of State Marco Rubio, Secretary of Commerce…
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Anglo-Eastern unpacks digital tool to guide shipping players through decarbonization challenges
Anglo-Eastern unpacks digital tool to guide shipping players through decarbonization challenges Ship management services provider Anglo-Eastern has launched a digital tool for vessel charterers and […] The post Anglo-Eastern unpacks digital tool to guide shipping players through decarbonization challenges appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Japanese trio reaches 98% methane slip cut on LNG-fueled vessels
Japanese trio reaches 98% methane slip cut on LNG-fueled vessels Japanese shipping giant Mitsui O.S.K. Lines (MOL), and compatriot Kanadevia Corporation and Yanmar Power […] The post Japanese trio reaches 98% methane slip cut on LNG-fueled vessels appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Cavotec pens additional shore power supply contracts worth nearly $11M
Cavotec pens additional shore power supply contracts worth nearly $11M Cleantech company Cavotec has signed additional contracts worth a total of €9.35 million (approximately […] The post Cavotec pens additional shore power supply contracts worth nearly $11M appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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123Carbon and ZERO44 ally to support voluntary and mandatory low-carbon shipping markets
123Carbon and ZERO44 ally to support voluntary and mandatory low-carbon shipping markets 123Carbon and ZERO44 have entered a strategic partnership aimed at providing shipowners, operators, and charterers with a new level of control in allocating the impact of their low-carbon strategies to either the voluntary or mandatory market. The post 123Carbon and ZERO44 ally to…
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50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach
50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence…
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European ports call for ‘swift’ adoption of IMO NZF
European ports call for ‘swift’ adoption of IMO NZF Ahead of the next International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) meeting taking place on October 14 in London, the European Sea Ports Organisation (ESPO) has urged IMO member states to formally adopt the Net-Zero Framework. The post European ports call for ‘swift’ adoption…
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WinGD all but ready to roll out ethanol-fueled two-stroke marine engine
WinGD all but ready to roll out ethanol-fueled two-stroke marine engine Swiss marine power company WinGD is geared up to unveil an ethanol-powered two-stroke engine […] The post WinGD all but ready to roll out ethanol-fueled two-stroke marine engine appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Costamare Bulkers to collaborate with Cargill on dry bulk ships. Decarbonization projects included
Costamare Bulkers to collaborate with Cargill on dry bulk ships. Decarbonization projects included Monaco-based dry bulk vessel owner and operator Costamare Bulkers Holdings Limited has signed a strategic cooperation agreement with Swiss freight trader Cargill International covering dry bulk vessels and decarbonization projects. The post Costamare Bulkers to collaborate with Cargill on dry bulk ships.…
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International Chamber of Shipping opens Singapore office to deepen ties across Asia-Pacific
International Chamber of Shipping opens Singapore office to deepen ties across Asia-Pacific The International Chamber of Shipping (ICS), a trade association which represents over 80% of the world merchant fleet, has established its new office in Singapore, the world’s top maritime hub. The post International Chamber of Shipping opens Singapore office to deepen ties across…
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LONGi to provide equipment for green hydrogen project in Namibia
LONGi to provide equipment for green hydrogen project in Namibia LONGi Hydrogen has signed an equipment supply agreement with an undisclosed customer to provide one set of LONGi ALK Hi1 electrolyzer and its Balance of Plant (BoP) for a green hydrogen project in Namibia. The post LONGi to provide equipment for green hydrogen project in…
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Port of Klaipėda moves into final phase of shore power rollout
Port of Klaipėda moves into final phase of shore power rollout Lithuania’s Port of Klaipėda is entering the final stages of its quay electrification project, […] The post Port of Klaipėda moves into final phase of shore power rollout appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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VELA wind-powered trimaran starts new era of sustainable shipping in pharma
VELA wind-powered trimaran starts new era of sustainable shipping in pharma Japanese pharmaceutical company Takeda and French shipping company VELA Transport have entered into a business partnership that will enable Takeda to transport its products between Europe and the U.S. using the latter’s first-of-its-kind sailing cargo trimaran. The post VELA wind-powered trimaran starts new era…
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ABP-backed collaboration wins UK government funding for green methanol project
ABP-backed collaboration wins UK government funding for green methanol project TURBO-METH, a green methanol production technology project backed by the UK’s port operator Associated British Ports (ABP), has secured funding as part of the UK Department for Transport’s Clean Maritime Demonstration Competition (CMDC) 6. The post ABP-backed collaboration wins UK government funding for green methanol…
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AtoB@C Shipping: Eighth plug-in hybrid newbuild delivered
AtoB@C Shipping: Eighth plug-in hybrid newbuild delivered AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has taken delivery of Ventumar, the eighth vessel in its pioneering series of twelve plug-in hybrid coasters. The post AtoB@C Shipping: Eighth plug-in hybrid newbuild delivered appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore…
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UK and US to commit to boosting nuclear power capacity
UK and US to commit to boosting nuclear power capacity Companies from the United Kingdom (UK) and the United States (U.S.) have signed “major” […] The post UK and US to commit to boosting nuclear power capacity appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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KOMAC’s LNG-fueled hydrogen-ready LCO2 carrier gets RINA’s nod of approval
KOMAC’s LNG-fueled hydrogen-ready LCO2 carrier gets RINA’s nod of approval RINA has awarded KOMAC the approval in principle (AiP) for a newly developed 40,000 cbm LNG-fueled, H2-ready LCO2 carrier. The post KOMAC’s LNG-fueled hydrogen-ready LCO2 carrier gets RINA’s nod of approval appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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DNV: The stage is set for next phase of maritime energy transition
DNV: The stage is set for next phase of maritime energy transition Shipping’s energy transition is entering a new phase—one defined by strategic investment, accelerating fleet readiness, and emerging regulatory developments. This has been highlighted in the new edition of DNV’s Maritime Forecast to 2050. The post DNV: The stage is set for next phase…
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Port of Long Beach invests $100M+ in zero-emission future
Port of Long Beach invests $100M+ in zero-emission future The US Port of Long Beach (POLB) has decided to invest $102 million to purchase and sustain zero-emissions cargo-handling equipment, fund cleaner marine engines and plan for a zero-carbon future at terminals. The post Port of Long Beach invests $100M+ in zero-emission future appeared first on…
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GCMD CEO: What happens downstream is as important as capturing CO2 onboard
GCMD CEO: What happens downstream is as important as capturing CO2 onboard The Global Centre for Maritime Decarbonisation (GCMD) has published its report on Project CAPTURED, which demonstrated the technical and operational feasibility of integrating maritime carbon capture into an industrial CO2 utilization pathway. The post GCMD CEO: What happens downstream is as important as…
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ELIRE Infra and partners secure UK funding for hydrogen floating power hubs to decarbonize ports
ELIRE Infra and partners secure UK funding for hydrogen floating power hubs to decarbonize ports ELIRE Infra, part of the UK’s ELIRE Group, and its consortium partners have secured £1 million (around €1.152 million) in UK Government funding to develop hydrogen floating power hubs aimed at decarbonizing port operations and supporting the UK’s transition to…
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Stena Line to continue operations at Gdynia ferry terminal
Stena Line to continue operations at Gdynia ferry terminal Swedish ferry company Stena Line has received a contract to continue its operations at the Public Ferry Terminal in Gdynia, Poland, in the coming years. The post Stena Line to continue operations at Gdynia ferry terminal appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…
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Op-Ed: Asset management vital for aging global fleet
Op-Ed: Asset management vital for aging global fleet By Adam Dennett, CEO, SpecTec With the age of vessels at a 40-year high ship owners and operators need to act now and use asset management technology combined with a culture of safety to ensure the ongoing integrity of their vessels and the welfare of their crews.…
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India’s largest container terminal inaugurated
India’s largest container terminal inaugurated Singaporean port operator PSA International has inaugurated the second phase of the expansion of PSA Mumbai – India’s largest container terminal. The post India’s largest container terminal inaugurated appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Op-Ed: How a sludge problem becomes a decarbonization solution
Op-Ed: How a sludge problem becomes a decarbonization solution By Nicholas Ball, CEO, XFuel With only 15 years to eliminate the majority of its greenhouse gas (GHG) emissions, the shipping industry is facing a challenge to deliver decarbonization at an affordable cost. Nicholas Ball, XFuel’s CEO, believes that circular economics is the key for shipowners…
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DNV renews maritime collab with Singapore Institute of Technology
DNV renews maritime collab with Singapore Institute of Technology Class society DNV has renewed its memorandum of understanding (MoU) with the Singapore Institute of Technology (SIT), continuing their collaboration in maritime education, applied research, and innovation. The post DNV renews maritime collab with Singapore Institute of Technology appeared first on Offshore Energy. Naida Hakirevic Prevljak…
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Damen splashes BC Ferries’ new fully electric-ready ferry
Damen splashes BC Ferries’ new fully electric-ready ferry Dutch shipbuilder Damen Shipyards Group has launched the latest Island class fully electric-ready ferry for Canada’s ferry operator BC Ferries. The post Damen splashes BC Ferries’ new fully electric-ready ferry appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Hydrogen associations team up to drive uptake of hydrogen value chains
Hydrogen associations team up to drive uptake of hydrogen value chains Hydrogen Europe Research (HER) and the Clean Hydrogen Mission (CHM) have signed a memorandum of understanding (MoU) in Busan, South Korea, intending to speed up the development and uptake of integrated clean hydrogen value chains across developed and developing regions. The post Hydrogen associations…
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Op-Ed: Behind the supply chain of decarbonization
Op-Ed: Behind the supply chain of decarbonization By Mükremin İnan, AVS Ship Supply Global, supply services director Decarbonization dominates the maritime agenda, and rightly so. Alternative fuels, emissions targets, and retrofit strategies fill headlines and policy papers. But behind every decarbonization effort lies another, often under reported, challenge: what it takes to physically support this…
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South Korea to construct ‘first’ commercial biomethanol production site
South Korea to construct ‘first’ commercial biomethanol production site South Korean clean fuel and renewable energy production company Biofriends and compatriot K-biogas manufacturer […] The post South Korea to construct ‘first’ commercial biomethanol production site appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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The era of oil in maritime is ending, UK government’s forecasts show
The era of oil in maritime is ending, UK government’s forecasts show The UK’s Department for Transport has published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, roll-on/roll-off (RoRo) and container shipping surge. The post The era…
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Port of Moerdijk to get new charging station for inland ships
Port of Moerdijk to get new charging station for inland ships Dutch Port of Moerdijk, compatriot terminal operator Combined Cargo Terminals (CCT), and sustainable inland shipping company Zero Emission Services (ZES) have signed a partnership agreement for the construction of a new charging station for inland vessels in the Port of Moerdijk. The post Port…
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New emission monitoring partnership to ‘bolster’ South Korea’s maritime decarbonization drive
New emission monitoring partnership to ‘bolster’ South Korea’s maritime decarbonization drive The Korea Ocean Business Corporation (KOBC) has joined forces with compatriot greenhouse gas (GHG) […] The post New emission monitoring partnership to ‘bolster’ South Korea’s maritime decarbonization drive appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Marine carbon removal gains momentum with launch of new coalition
Marine carbon removal gains momentum with launch of new coalition A new coalition uniting private companies, non-profit organizations and academic institutions to support the […] The post Marine carbon removal gains momentum with launch of new coalition appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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European refiners could drive green hydrogen momentum, with maritime sector playing important role
European refiners could drive green hydrogen momentum, with maritime sector playing important role European refiners are expected to become significant producers and buyers of green hydrogen, with the maritime sector offering growth potential. The post European refiners could drive green hydrogen momentum, with maritime sector playing important role appeared first on Offshore Energy. Naida Hakirevic…
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Egypt, Japan set sights on green marine fuels and industrial cooperation
Egypt, Japan set sights on green marine fuels and industrial cooperation The General Authority for the Suez Canal Economic Zone (SCZONE) has held talks with […] The post Egypt, Japan set sights on green marine fuels and industrial cooperation appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Newly merged CMB.TECH-Golden Ocean entity controls a fleet of 80+ hydrogen-, ammonia-ready ships
Newly merged CMB.TECH-Golden Ocean entity controls a fleet of 80+ hydrogen-, ammonia-ready ships Belgian shipowner CMB.TECH and Norway-based dry bulk shipping company Golden Ocean Group (GOGL) have […] The post Newly merged CMB.TECH-Golden Ocean entity controls a fleet of 80+ hydrogen-, ammonia-ready ships appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy…
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BP confirms multimillion-dollar deals for gas field expansion and terminal electrification
BP confirms multimillion-dollar deals for gas field expansion and terminal electrification BP has corroborated the award of engineering and procurement support assignments to the SOCAR-KBR joint venture (JV), entailing KBR, a U.S.-headquartered science, technology, and engineering player, and Azerbaijan’s SOCAR. The post BP confirms multimillion-dollar deals for gas field expansion and terminal electrification appeared first on…
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Methanol and ammonia shipping fuels are becoming a reality, new report shows
Methanol and ammonia shipping fuels are becoming a reality, new report shows There has been a rapid progress in the development of methanol and ammonia as zero-emission fuels, however, technology readiness is not enough in and of itself to drive the change needed at the pace required, a new report released by the Global Maritime…
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New decarbonization milestone for Asian player as oil & gas assets benefit from solar panels
New decarbonization milestone for Asian player as oil & gas assets benefit from solar panels PT Medco Energi Internasional (MedcoEnergi), an Indonesian-based energy and natural resources company, has achieved a significant sustainability milestone, slashing its Scope 1 and 2 greenhouse gas (GHG) emissions by up to 1.5 million tons of CO2 equivalent (CO2e), compared to…
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Everllence, MEYER RE join forces to develop methanol retrofitting solutions
Everllence, MEYER RE join forces to develop methanol retrofitting solutions German engine manufacturer Everllence (formerly MAN Energy Solutions) and compatriot MEYER RE, an arm […] The post Everllence, MEYER RE join forces to develop methanol retrofitting solutions appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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New hydrogen alliance targets cleaner shipping in Indonesia’s small islands
New hydrogen alliance targets cleaner shipping in Indonesia’s small islands HDF Energy, Neuman & Esser (NEA), and GIZ have signed a letter of intent (LoI) to jointly explore green hydrogen applications for decarbonizing maritime transport across Indonesia’s small islands. The post New hydrogen alliance targets cleaner shipping in Indonesia’s small islands appeared first on Offshore…
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Study: Incentive gaps hindering decarbonization of Swedish short sea dry bulk fleet
Study: Incentive gaps hindering decarbonization of Swedish short sea dry bulk fleet Swedish cargo owners and charterers are committed to greener practices, but a lack of regulatory and economic incentives for smaller tonnage is hindering progress, according to a new study by DNV and RSI. The post Study: Incentive gaps hindering decarbonization of Swedish short…
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Maersk expands green fleet with new methanol dual-fuel unit
Maersk expands green fleet with new methanol dual-fuel unit Danish container shipping and logistics heavyweight A.P. Moller – Maersk has added a brand-new […] The post Maersk expands green fleet with new methanol dual-fuel unit appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Japanese consortium joins feasibility study program on ammonia storage and transport
Japanese consortium joins feasibility study program on ammonia storage and transport A consortium comprising several Japanese companies and organizations has been handpicked by compatriot New […] The post Japanese consortium joins feasibility study program on ammonia storage and transport appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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EU at energy crossroads: €700 billion to triple US oil, gas, and nuclear imports puts Europe’s decarbonization at risk
EU at energy crossroads: €700 billion to triple US oil, gas, and nuclear imports puts Europe’s decarbonization at risk The European Environmental Bureau (EEB), said to be Europe’s largest network of environmental non-government organizations (NGOs), has portrayed the new trade deal between the European Union (EU) and the United States (U.S.) in a different light…
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UK chooses winners of Clean Maritime Demonstration Competition 6
UK chooses winners of Clean Maritime Demonstration Competition 6 The UK government has allocated a £30 million (about €34.4 million) funding to decarbonize shipping and power up local economies. The post UK chooses winners of Clean Maritime Demonstration Competition 6 appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Port of Rotterdam makes progress on sustainability front despite economic challenges
Port of Rotterdam makes progress on sustainability front despite economic challenges Although confronted with economic uncertainties and supply chain disruptions in the first half of this year, the Port of Rotterdam advances towards its goal of becoming a net zero port by 2050. The post Port of Rotterdam makes progress on sustainability front despite economic…
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Everllence sustainability report: 63% cut in emissions from own production
Everllence sustainability report: 63% cut in emissions from own production Everllence (formerly MAN Energy Solutions) has made its corporate responsibility transparent with the publication of its sustainability report for FY 2024. The company notes that the report shows concrete progress, including a 63% reduction in CO2 emissions from its own global production, compared to 2018.…
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Full steam ahead for South African maritime decarbonization
Full steam ahead for South African maritime decarbonization South Africa is determined to decarbonize its maritime industry and has outlined plans to implement key International Maritime Organization (IMO) regulations on shipping emissions and establish a national task force and action plan to drive the effort. The post Full steam ahead for South African maritime decarbonization…
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IMO NZF: Industry needs clarity, simplicity and detail on rewards, ICS says
IMO NZF: Industry needs clarity, simplicity and detail on rewards, ICS says The International Chamber of Shipping (ICS), a trade association which represents over 80% of the world merchant fleet, has urged the UN maritime regulator International Maritime Organization (IMO) to clarify issues surrounding the new Net-Zero Framework (NZF). The post IMO NZF: Industry needs…
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US lawmakers propose twin bills to tackle maritime pollution
US lawmakers propose twin bills to tackle maritime pollution Two United States lawmakers have introduced a pair of bills aimed at cutting down […] The post US lawmakers propose twin bills to tackle maritime pollution appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Navigator Gas, Amon Maritime form JV to build two ammonia-fueled ammonia carriers
Navigator Gas, Amon Maritime form JV to build two ammonia-fueled ammonia carriers Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has entered into a joint venture with Norwegian ammonia specialist and shipping company Amon Maritime. The post Navigator Gas, Amon Maritime form JV to build two ammonia-fueled…
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Brevik becomes home to new onboard carbon capture project
Brevik becomes home to new onboard carbon capture project Seabound, a UK-based marine carbon capture player, has launched what it claims to be […] The post Brevik becomes home to new onboard carbon capture project appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar
Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar The latest action the United States (U.S.) has taken to unlock its energy dominance, encapsulated in a new tax reconciliation bill, which President Donald J. Trump signed into law, has set the stage for an uptick…
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Op-ed: New solution addresses historic inefficiencies in maritime operations
Op-ed: New solution addresses historic inefficiencies in maritime operations Shipping is struggling to implement its decarbonization transition, with sustainable fuels being much more expensive and much less available than their fossil counterparts. The post Op-ed: New solution addresses historic inefficiencies in maritime operations appeared first on Offshore Energy. Offshore-Energy.biz Go to offshore energy biz