The article is written by FICEP Group. Wind energy is certainly one of the key drivers for reducing CO2 emissions by 2050. To move towards this horizon, many nations are investing significant capital in the construction of onshore and offshore wind farms: the developers of these farms rely on compan
The Crown Estate and the Centre for Environment, Fisheries, and Aquaculture Science (Cefas) have released a report which aims to help stakeholders involved in offshore wind developments better assess the impacts of electromagnetic fields (EMFs) from subsea power cables on the marine environment. Acc
Bermuda-based bulk carrier company Himalaya Shipping has taken delivery of the fifth liquified natural gas (LNG) dual-fuel 210,000 dwt newcastlemax newbuild from New Times Shipbuilding (NTS).
The 80th session of IMO’s Marine Environment Protection Committee (MEPC 80) has initiated the review of the short-term measures, ie the Carbon Intensity Indicators (CII), Energy Efficiency Existing Ship Index (EEXI) and Ship Energy Efficiency Management Plan (SEEMP), by approving the plan for such a
Port of Sines, a major port in Portugal, and Companhia Siderúrgica Nacional (CSN), a leading steel producer in Brazil, have signed a Memorandum of Understanding (MoU) as part of the Global Gateway initiative of the European Commission. The agreement aims to establish the scope, rules, and guiding pr
ExxonMobil is getting its hands on – what it deems to be – the largest owned and operated CO2 pipeline network in the United States.
South Korean shipping company Pan Ocean has christened its newest liquified natural gas (LNG) bunkering vessel which is set to be chartered to energy company Shell LNG.
OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has appointed Shearwater GeoServices to conduct a “pioneering” towed streamer survey with ocean bottom nodes (OBN) over its gas and condensate discovery offshore Norway. Under the contract, Shearwater is set to begin the hybrid survey ove
UAE-based shipping company Transworld Group and Hong Kong-based ship management company Fleet Management (FLEET) have established a new ship management joint venture, Transworld Fleet Management. The JV will provide dedicated technical management services to Transworld Group’s fleet which includes c
Nel Hydrogen Electrolyser, a subsidiary of Norway’s Nel ASA, has signed a contract for 20 MW of alkaline electrolyser equipment for about €9 million with Hyd’Occ for its project in Port-La-Nouvelle, France. The 20 MW electrolyser will supply renewable hydrogen to local industry and transportation in
Swedish-Israeli wave energy developer Eco Wave Power has been awarded a grant from the EU that will be used to add educational and knowledge-sharing features to the company’s newest wave energy power station at the Port of Jaffa in Israel.
Reports indicate that the decision on whether to approve or not one of the largest undeveloped oil fields in the UK is unlikely anytime soon.
DB Schenker and Volvo Cars have embarked on a partnership for more sustainable ocean freight, shipping 12,000 standard containers (TEU) with automotive spare parts on vessels using biofuel.
The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s le
