Italian shipbuilding company Fincantieri has delivered the third out of four eco-friendly cruise ships to Virgin Voyages, new cruise operator and a brand part of Sir Richard Branson’s Virgin Group.
While pondering whether gas is the green choice to bolster decarbonisation, Wood Mackenzie has been reviewing Scope 1, 2 and 3 emissions.
Boston Consulting Group (BCG), a global management consultancy, and American Bureau of Shipping (ABS) have signed a memorandum of understanding (MoU) to join their technical and consulting expertise in the maritime and offshore industries, providing joint support to industry’ decarbonization journey
Partners in the Corentyne block offshore Guyana have completed the previously announced agreement for the block.
Danish Shipping, Methanol Institute, and World Shipping Council are calling for increased ambition in the FuelEU, maximising GHG intensity reduction from 2035 to 2050 and supporting early use of green e-fuels. The FuelEU Maritime proposal requires ships to reduce the GHG intensity of their fuels by
Seven memorandum of understandings (MoU) have been signed in Egypt to kick off studies on green hydrogen production projects in Suez Canal Economic Zone (SCZONE). The MOUs were signed on 7 December between the Ministry of Electricity and Renewable Energy, represented by the New and Renewable Energy
Another surge of scrubber retrofit orders seems to be on the cards as owners seek to reap fruits from the VLSFO- HSFO (Hi-5) spread. The lead-up to IMO 2020 saw a peak interest in scrubber investments as shipowners lined up to get vessels retrofitted or built with scrubbers in shipyards. However, ov
Eco Wave Power has entered into an agreement with OREN Ordu Enerji for the potential construction of an up to 77MW wave energy installation in Ordu in Türkiye.
Amogy, a US-based ammonia power solutions company, has signed a contract with Ballard Power Systems, a global provider of zero-emission fuel cell technology, to purchase fuel cell engines for its ammonia-to-power maritime applications. Under this contract, Amogy will purchase an initial order of thr
The launch of operations at the floating liquefied natural gas (LNG) terminal in Lubmin, Germany, has been delayed for several weeks, according to reports by Der Spiegel news magazine. Germany’s first private LNG terminal was scheduled to begin operations at the beginning of December. The first floa
The Vancouver Fraser Port Authority is testing various low-and zero-emission fuels and technologies at the Port of Vancouver, as part of its efforts to phase out all port-related emissions by 2050. Through the Low-Emission Technology Initiative, being implemented by the port authority and the Provin
After recently being selected to provide export cables for the 1.4 GW Norfolk Boreas offshore wind farm, DEME Offshore and LS Cable & System have now also signed a contract with Vattenfall for the same work on the 1.8 GW Norfolk Vanguard offshore wind farm, both in the UK. The consortium will be res
Tullow Oil has appointed its interim Chief Financial Officer (CFO) to the CFO role, effective from 1 January 2023.
South Korean Korea Shipbuilding & Offshore Engineering Co. (KSOE) has signed a deal with an undisclosed shipowner for the construction of two liquefied petroleum gas (LPG) carriers.
