Category: maritime
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Ten big consolidation moves across rig, oil & gas, and shipping spheres
Ten big consolidation moves across rig, oil & gas, and shipping spheres As the global consolidation momentum builds against the backdrop of ever-changing and challenging geopolitical conditions and energy realms, many companies engaged in the offshore drilling, subsea, hydrocarbon exploration and production (E&P), and maritime arenas are working to strengthen their place in the offshore…
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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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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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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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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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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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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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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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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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Q&A: Angela Dyer McVeay on shaping maritime’s workforce
Q&A: Angela Dyer McVeay on shaping maritime’s workforce As MK Industries—a staffing agency specializing in skilled labor for marine, industrial, and other sectors—celebrates its 30th anniversary, President and CFO Angela Dyer McVeay reflects on the company’s journey from supporting major shipbuilders to tackling high-profile international projects. In this Q&A, she discusses the milestones that shaped…
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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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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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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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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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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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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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HD Hyundai, Bill Gates-founded TerraPower advance nuclear supply chain cooperation
HD Hyundai, Bill Gates-founded TerraPower advance nuclear supply chain cooperation Leaders of the South Korean conglomerate HD Hyundai and the US-based nuclear reactor design and development engineering company TerraPower have met to review nuclear supply chain expansion and commercialization progress. The post HD Hyundai, Bill Gates-founded TerraPower advance nuclear supply chain cooperation 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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Swire Shipping links up with Achilles Maritime Netowork
Swire Shipping links up with Achilles Maritime Netowork Singapore-based shipping company Swire Shipping has become an official member of the Achilles Maritime […] The post Swire Shipping links up with Achilles Maritime Netowork 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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Two organizations shake hands to work on nuclear-powered shipping and TNPP
Two organizations shake hands to work on nuclear-powered shipping and TNPP The World Nuclear Transport Institute (WNTI) and the Nuclear Energy Maritime Organisation (NEMO) have […] The post Two organizations shake hands to work on nuclear-powered shipping and TNPP appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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From shipbroking to maritime finance: E.A. Gibson Shipbrokers acquires RMK Maritime
From shipbroking to maritime finance: E.A. Gibson Shipbrokers acquires RMK Maritime E.A. Gibson Shipbrokers has joined forces with RMK Maritime (Europe) to expand its service offering. Effective from August 1, 2025, RMK Maritime will be rebranded as E.A. Gibson Capital. The post From shipbroking to maritime finance: E.A. Gibson Shipbrokers acquires RMK Maritime appeared first…
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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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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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DP World to breathe new life into Syria’s Port of Tartus
DP World to breathe new life into Syria’s Port of Tartus The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus. The post DP World to breathe new life into Syria’s Port of Tartus appeared first…
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European Commission kick-starts work on EU ports and industrial maritime strategies
European Commission kick-starts work on EU ports and industrial maritime strategies In a long-awaited move, the European Commission has started preparations for an EU Ports Strategy and EU Industrial Maritime Strategy and is inviting stakeholders to participate in the process. The post European Commission kick-starts work on EU ports and industrial maritime strategies appeared first…
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CMA CGM steps up maritime talks with Indian government
CMA CGM steps up maritime talks with Indian government France-based shipping colossal CMA CGM has held talks with officials from the Indian Ministry […] The post CMA CGM steps up maritime talks with Indian government appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Norne, Port of Aalborg seal 30-year pact for EU-backed CO2 hub
Norne, Port of Aalborg seal 30-year pact for EU-backed CO2 hub Denmark-based energy infrastructure company Fidelis New Energy’s portfolio company, Norne, and the Port of […] The post Norne, Port of Aalborg seal 30-year pact for EU-backed CO2 hub appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Moeve and Armas Trasmediterránea strike marine biofuel supply deal
Moeve and Armas Trasmediterránea strike marine biofuel supply deal Spanish energy major Moeve, formerly Cepsa, has reached a strategic agreement with compatriot shipping company Armas Trasmediterránea to supply second-generation (2G) marine biofuels in the Canary Islands. The post Moeve and Armas Trasmediterránea strike marine biofuel supply deal appeared first on Offshore Energy. Aida Čučuk Go…
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HDF Energy and VIMC collaborate to promote hydrogen use in Vietnam’s maritime sector
HDF Energy and VIMC collaborate to promote hydrogen use in Vietnam’s maritime sector French hydrogen player HDF Energy and Vietnam Maritime Corporation (VIMC) have signed a strategic memorandum of understanding (MoU) to promote the use of green hydrogen and fuel cell technologies across VIMC’s operations. The post HDF Energy and VIMC collaborate to promote hydrogen…
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ABB to acquire French BrightLoop to accelerate marine transport electrification
ABB to acquire French BrightLoop to accelerate marine transport electrification Swedish-Swiss technology company ABB has signed an agreement to acquire BrightLoop, a French company specializing in advanced power electronics, to accelerate its electrification strategy in industrial mobility and marine propulsion. The post ABB to acquire French BrightLoop to accelerate marine transport electrification appeared first on…
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Japan consortium to seek ‘deeper’ pathways toward a carbon-neutral future
Japan consortium to seek ‘deeper’ pathways toward a carbon-neutral future A consortium consisting of seventeen Japanese organizations has jointly launched a social collaboration program […] The post Japan consortium to seek ‘deeper’ pathways toward a carbon-neutral future appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Russia to pump over $6B into shipbuilding as part of big plan to revitalize its maritime industry
Russia to pump over $6B into shipbuilding as part of big plan to revitalize its maritime industry The Russian government has unveiled a massive plan to build hundreds of new ‘civilian’ vessels by 2050, upgrade its shipbuilding capability, and increase the workforce in the maritime domain. The post Russia to pump over $6B into shipbuilding…
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CORE POWER: SHIPS for America Act will inject capital into US shipbuilding, nuclear technologies
CORE POWER: SHIPS for America Act will inject capital into US shipbuilding, nuclear technologies UK-based maritime nuclear innovation company CORE POWER has lent its voice to proposed legislation being reintroduced in the US Senate that calls for a transformation of the US shipping sector. The post CORE POWER: SHIPS for America Act will inject capital…
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Damen to deliver another all-electric tug to Noatum Maritime
Damen to deliver another all-electric tug to Noatum Maritime Damen Shipyards Group and Noatum Maritime have agreed on the delivery of a second, all-electric Damen RSD-E Tug 2513. The post Damen to deliver another all-electric tug to Noatum Maritime appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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SEA Europe: EU needs to address ‘fragmented funding landscape’ to drive maritime innovation, decarbonization
SEA Europe: EU needs to address ‘fragmented funding landscape’ to drive maritime innovation, decarbonization As the European Union prepares its next long-term budget, the Shipyards & Maritime Equipment Association of Europe (SEA Europe) has urged the European Commission to address the current funding fragmentation with regard to the maritime sector. The post SEA Europe: EU…
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SITC completes 10-vessel series order with final 1,800 TEU boxship pair
SITC completes 10-vessel series order with final 1,800 TEU boxship pair SITC Shipowning, a wholly-owned subsidiary of Chinese maritime transportation player SITC International Holdings, has […] The post SITC completes 10-vessel series order with final 1,800 TEU boxship pair appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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New hub aims to fast-track sustainable maritime innovation in Canada
New hub aims to fast-track sustainable maritime innovation in Canada Canada’s University of Victoria (UVic) and the Centre for Ocean Applied Sustainable Technologies (COAST) […] The post New hub aims to fast-track sustainable maritime innovation in Canada appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Hinicio advocates for port-led hydrogen growth in Latin America and the Caribbean
Hinicio advocates for port-led hydrogen growth in Latin America and the Caribbean Hinicio, a Belgium-based consulting firm specializing in hydrogen and its derivatives, has outlined a series of recommendations aimed at supporting ports in Latin America and the Caribbean to play a central role in climate action and in advancing the hydrogen economy across the…
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Trump administration takes action to impose port tariffs on Chinese ships
Trump administration takes action to impose port tariffs on Chinese ships The United States Trade Representative (USTR) has laid out plans to introduce fees on Chinese ships calling American ports. The post Trump administration takes action to impose port tariffs on Chinese ships appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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President Trump inks executive order to ‘restore American maritime dominance’
President Trump inks executive order to ‘restore American maritime dominance’ The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese…
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CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm
CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm Marseille-headquartered shipping giant CMA CGM and Swedish-Swiss technology company ABB have teamed up to […] The post CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm appeared first on Offshore Energy. Sara Kosmajac Go to offshore…
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New digital collaboration eyes end-to-end green supply chains
New digital collaboration eyes end-to-end green supply chains With a focus on fostering greener supply chains, PSA International, DNV Singapore and Pacific International Lines (PIL) have signed a memorandum of understanding (MoU) to collaborate on carbon emission measurement, reporting and verification (MRV) and jointly develop sustainable solutions to advance decarbonization in the maritime and logistics…
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PIL inks two MoUs to drive sustainable maritime operations and supply chain decarbonization
PIL inks two MoUs to drive sustainable maritime operations and supply chain decarbonization Singaporean shipping company Pacific International Lines (PTE) has signed memoranda of understanding (MoU) with two companies to further its journey towards sustainable maritime operations and supply chain decarbonization. The post PIL inks two MoUs to drive sustainable maritime operations and supply chain…
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Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions
Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions Rux Energy and Bureau Veritas Marine & Offshore (BV) have entered a joint development project (JDP) to certify hydrogen storage solutions. The post Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions appeared first on Offshore Energy. Aida Čučuk Go…
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“Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding
“Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding Speaking to the US Congress, President Donald Trump proposed a ‘sweeping’ plan to revive […] The post “Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port
India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port India’s Chidambaranar Port Trust, said to be the ‘third largest’ container terminal in the […] The post India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector
All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining […] The post All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…
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WinGD calls for ‘strong’ measures to meet maritime GHG targets
WinGD calls for ‘strong’ measures to meet maritime GHG targets WinGD has urged the industry to add its voice to the call for “strong” measures that give shipowners a clear path to decarbonization. The post WinGD calls for ‘strong’ measures to meet maritime GHG targets appeared first on Offshore Energy. Aida Čučuk Go to offshore…
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Shipping colossals deepen ties with India amid growing maritime ambitions
Shipping colossals deepen ties with India amid growing maritime ambitions French container shipping heavyweight CMA CGM, along with Denmark’s A.P. Moller–Maersk and Switzerland’s Mediterranean […] The post Shipping colossals deepen ties with India amid growing maritime ambitions appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Wärtsilä plans to reduce 25% of direct suppliers’ GHG emissions by 2030
Wärtsilä plans to reduce 25% of direct suppliers’ GHG emissions by 2030 Wärtsilä has reinforced its ‘Set for 30’ decarbonization targets by committing to a new goal of reducing 25% of direct suppliers’ GHG emissions by 2030. The post Wärtsilä plans to reduce 25% of direct suppliers’ GHG emissions by 2030 appeared first on Offshore…
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New partnership looking into sustainable propulsion technologies
New partnership looking into sustainable propulsion technologies Dutch ship design company AURELIA has partnered up with compatriot nonprofit environmental engineering organization The Ocean Cleanup to conduct a feasibility study on innovative propulsion systems. The post New partnership looking into sustainable propulsion technologies appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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India aims to spend up to $3B to boost domestic maritime sector
India aims to spend up to $3B to boost domestic maritime sector India has unveiled its intention to set up an INR 250 billion (about $2.9 billion) maritime development fund (MDF) to grow the national ship fleet and support the domestic shipbuilding and repair sector. The post India aims to spend up to $3B to…
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Belfast Harbour to invest around $387 million in port projects over next five years
Belfast Harbour to invest around $387 million in port projects over next five years Belfast Harbour, Northern Ireland’s principal maritime gateway and logistics hub, has unveiled a new strategy setting out a program to invest £313 million (approximately $387 million) in capital projects across the port and Harbour Estate over the next five years. The…
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MTF: Key recommendations put on the table for shipping industry to accelerate OCCS adoption
MTF: Key recommendations put on the table for shipping industry to accelerate OCCS adoption In a new report, the Maritime Technologies Forum (MTF) has offered key recommendations to consider as the shipping industry looks to adopt onboard carbon capture and storage (OCCS) technology. The post MTF: Key recommendations put on the table for shipping industry…
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Maritime industry witnesses ‘unprecedented’ surge in dual-fuel ship orders
Maritime industry witnesses ‘unprecedented’ surge in dual-fuel ship orders There has been a huge rise in orders for dual-fuel vessels over the last six years, according to Veson Nautical’s data. The post Maritime industry witnesses ‘unprecedented’ surge in dual-fuel ship orders appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Normec Verifavia MD sheds light on regulatory compliance challenges as shipping readies for pivotal shift in 2025
Normec Verifavia MD sheds light on regulatory compliance challenges as shipping readies for pivotal shift in 2025 From 2025, the shipping industry will usher in a new era of more stringent regulations with environmental pieces woven into it. Adhering to these regulations is expected to drive a shift towards achieving net zero emissions by 2050.…
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French energy company to work on e-methanol project on Haropa Port site
French energy company to work on e-methanol project on Haropa Port site As part of the ‘West A29’ call for projects, French renewable energy company Qair has been awarded a parcel on the Haropa Port site, in Le Havre, to develop its e-methanol production project Methavert. The post French energy company to work on e-methanol…
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IMO ready for net-zero framework talks at COP29
IMO ready for net-zero framework talks at COP29 The International Maritime Organization’s (IMO) Secretary-General Arsenio Dominguez will lead the specialized agency’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024. The post IMO ready for net-zero framework talks at COP29 appeared first…