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Energy Transition

New industry platform zeroes in on clean maritime fuels uptake in Europe

Maritime associations and interest groups including ECSA, FuelsEurope, eFuel Alliance, EWABA, HydrogenEurope, and Methanol Institute have established a new Clean Maritime Fuels Platform, an industry initiative aiming to enhance communication between the shipping sector and fuel producers. Representa

about 2 years ago

Energy Transition

Ocean Network Express to roll out EU ETS surcharge amid regulatory changes

Starting October 1, 2024, Singapore-based shipping company Ocean Network Express (ONE) will implement an Emissions Trading System (ETS) surcharge as part of its response to the European Union’s inclusion of the maritime industry in its emissions trading scheme. According to a report by ONE, the impl

about 2 years ago

Energy Transition

DNV: Energy-saving technologies crucial to reduce maritime emissions until carbon-neutral fuels become viable

Faced with challenges such as short supplies of carbon-neutral fuels, the shipping industry needs to explore every option for reducing fuel consumption in order to reach the 2030 decarbonization goal of 20% emissions reductions set by the International Maritime Organization (IMO), Norwegian classifi

about 2 years ago

Energy Transition

Danish Shipping counts on Denmark-Germany deal on North Sea Energy Island to support its green ships and fuels vision

As Denmark is starting negotiations with Germany on the North Sea Energy Island, the proposed artificial energy island in the North Sea, the trade and employer association Danish Shipping is optimistic the possible agreement will bring the necessary infrastructure to support the association’s invest

about 2 years ago

ADNOC, Petronas and Storegga team up on carbon capture and storage off Malaysia

Energy Transition

ADNOC, Petronas and Storegga team up for carbon capture and storage off Malaysia

Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS

about 2 years ago

Energy Transition

Shipping industry nears 100-installation milestone of wind propulsion systems

The application of WAPS across a variety of vessel types is nearing a tipping point with deployment likely to increase rapidly, LR said.

about 2 years ago

Energy Transition

Partners to transform Norwegian Risavika into green ammonia hub

Iverson eFuels, Port of Stavanger, ASCO Norge and St1 have signed a partnership agreement to make green ammonia available in the Stavanger region of Norway.

about 2 years ago

Energy Transition

Seatrium seeks to advance green offshore energy solutions through new partnership

Seatrium partnered with Nanyang Technological University to advance green and sustainable solutions in the offshore and marine (O&M) sector.

about 2 years ago

Energy Transition

South32 becomes Sea Cargo Charter’s new signatory

The Sea Cargo Charter (SCC) has added Australia-based mining and metals company South32 as its newest signatory.

about 2 years ago

Energy Transition

CPLP cleared to shift focus to LNG carriers and energy transition business

CPLP has secured approval of corporate conversion and name change as it plans strategic pivot to the LNG and energy transition business.

about 2 years ago

Energy Transition

NYK: Cost reduction is the most important factor in promoting CCS

Reducing the costs of marine transportation in the CCS value chain is seen as the most important factor in promoting CCS by Japan’s NYK.

about 2 years ago

Energy Transition

Shipping to play key role in enabling hydrogen economy, report says

Shipping can play a key role as an enabler of the hydrogen economy, according to a new report, presented by the International Chamber of Shipping (ICS).

about 2 years ago

Energy Transition

WSC’s plan to make green fuels ‘competitive’ with fossil fuels put on the table

The World Shipping Council (WSC) has further developed its Green Balance Mechanism, a regulatory measure designed to ensure that shipping meets its net-zero goal by 2050 in an efficient, just and equitable way.

about 2 years ago

Energy Transition

DP World backs decarbonization of Canada’s freight-transportation sector

DP World has joined the Net Zero Supply Chain (NZSC) Initiative, a collaborative effort dedicated to advancing the decarbonization of Canada’s freight-transportation supply chains.

about 2 years ago