No stone is left unturned when it comes to options for reducing carbon emissions, including electrification of oil and gas assets, carbon capture usage and storage, replacing fossil with renewable sources of energy and introducing alternative fuels like hydrogen and ammonia.
QED Naval’s Subhub tidal platform, capable of delivering 240kW to remote island or off-grid communities, has been towed out to Pembroke Dock for refitting of new Tocardo tidal turbines.
Bornholm Bunker Hub, a new international shipping consortium, has been launched to explore possibilities of establishing a bunkering station with green marine fuel on Bornholm.
Norwegian engineering company TECO 2030 has urged the International Maritime Organization (IMO) to recognize the role carbon capture will play in reducing greenhouse gas (GHG) emissions from international shipping, as not enough vessels will undergo fuel switches to meet the climate targets.
The UMACK (Universal Mooring, Anchor & Connectivity Kit) project has teamed up with the University of Dundee’s Geotechnical Engineering Group to support the development of a new ‘vibro-installed’ anchor system for marine energy applications.
Cornish-based company Inyanga Marine Projects has completed a £2 million capital raise that will be used to fund further growth of its marine energy business.
Containership giant CMA CGM Group has signed a five-year agreement with the French National Centre for Space Studies (CNES) to identify, design and develop innovative solutions for the shipping, logistics and space industries.
Dutch shipping company Schram Shipping has signed a contract with compatriot wind propulsion solutions provider eConowind for new wind-assist installation.
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels.
Shipping association representatives from G7 countries along with Australia, India, South Korea and South Africa have created a new shipping association, M7 with the first meeting organized by the UK Chamber of Shipping.
Stolt Tankers and Tufton Investment Limited have teamed up to create a chemical carrier pool and cooperate in the field of decarbonization and sustainability.
The IMO-Norway GreenVoyage2050 project has been granted 14.5 million NOK ($1.75 million) in additional funding by Norwegian government to support the path to decarbonization in the shipping sector.
French LNG containment specialist GTT has signed a cooperation agreement with Russian Maritime Register of Shipping (RS) to meet the demands of the evolving LNG market.
Japanese shipping major Mitsui O.S.K. Lines, Ltd. (MOL) has joined the Australia-based Global CCS Institute (GCCSI), an international think tank on carbon capture and storage (CCS) which is recognized as a means to achieve a low-carbon and decarbonized society.
