Swedish shipping company Terntank is continuing its journey towards fossil-free operation with an order for two plus two new wind assistance and methanol-ready tankers. On 29 November, the company said it placed an order for the 15,000 dwt tankers at China Merchants Jinling Shipyard, Yangzhou. The v
Approximately £75bn ($89.9 bn) of investment over the coming three decades will be required for the UK’s domestic maritime sector to transition to net zero, a report produced by Marine Capital with the support of UMAS and Lloyd’s Register (LR) estimates. Hence, attracting new sources of capital to i
Belize may lift the offshore oil moratorium to allow exploration activity, including seismic testing in Belizean waters.
The Belledune Port Authority (BPA) in Canada has teamed up with Cross River Infrastructure Partners, a U.S.-based project development company focusing on climate-positive technologies, to pursue the use of advanced small modular reactor (aSMR) technology. The development proposes to use aSMR from AR
Norwegian clean energy company Horisont Energi and its Germany-based counterpart E.ON have signed a letter of intent to jointly build a European carbon value chain. This deal will see E.ON provide more than one million tons of existing CO2 per year from its European customer sites by 2030, starting
Suncor has revealed that the Terra Nova life extension project is ongoing while the FPSO is still expected back in Canada by year-end.
South Korean shipbuilder Samsung Heavy Industries (SHI) has won a contract to construct one LNG carrier for KRW 331.3 billion ($250 million).
Canadian pipeline and energy company Enbridge has completed the transaction relating to its partnership agreement with Pacific Energy to jointly invest in the Woodfibre LNG project. The companies announced their intention to jointly invest in the construction and operation of the project earlier thi
Danish container shipping major Maersk and IBM have decided to withdraw the TradeLens offerings and discontinue the platform. The blockchain-enabled shipping solution was created in 2018 with the aim of promoting more efficient and secure global trade, bringing together various parties to support in
Offshore Energies UK has predicted that about £20 bln will be spent on decommissioning North Sea oil & gas installations in the next decade.
Minesto develops a revolutionary concept for generating electricity from the ocean that unlocks a so far untapped renewable energy resource. The Deep Green technology produces electricity from slow tidal streams and ocean currents by a unique principle.
Ivo Muller, quizmaster of Young IRO, hosts a pub quiz on The Stage. Young professionals are key in IRO’s mission to contribute to a future-proof and sustainable industry, which is why they are embracing the Young IRO initiative: a platform where the next generation of our industry can connect, learn
Supplying the world crane market out of Ehingen since 1969, Liebherr is today the leading manufacturer of all terrain cranes. With the biggest product portfolio of 40 different cranes on wheels or on crawler tracks, they are renowned for their top technical level and innovative crane concepts. Liebh
In this session, Ina Kamps from BP and René Peters from TNO talk about Low Carbon Energy Integration. BP is an integrated energy business with operations in Europe, North and South America, Australia, Asia and Africa. The company delivers heat, light and mobility products and services to people all
