Amsterdam-based sustainable investment management company Prow Capital has launched a €420 million (about $474 million) green shipping fund.
Germany’s Port of Kiel has set the goal of reducing all of its carbon dioxide (CO2) emissions to zero by 2030.
Craig International has secured over £5 million by winning two contracts with Bilfinger and Altera for the provision of procurement services.
Sval Energi has joined forces with Storegga Geotechnologies to investigate carbon storage potential on the Norwegian Continental Shelf (NCS).
While oil and gas majors are increasingly entering new offshore wind and green hydrogen projects, it is but a small portion of the overall pie, to quote David Linden from Westwood Global Energy Group. As a reaction to the energy transition, the oil and gas majors are diversifying and now have more o
Langh Ship has ordered three multi-fuel MPP vessels which will serve Outokumpu on the short sea lane between Finland and continental Europe.
Nearly 200 citizens and environmental activists gathered on 21 November in the morning to protest against the arrival of seismic acquisition vessel Amazon Warrior in Cape Town harbor in South Africa ahead of Shell’s planned five-month seismic survey campaign.
Maritime services provider MISC Berhad has been listed as a constituent of the Dow Jones Sustainability Indices (DJSI) under the Emerging Markets category.
CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.
Towage operator Svitzer, part of A.P. Moller – Maersk revealed plans to convert its whole fleet of 10 tugs in London and Medway to be powered by marine biofuel, following a successful pilot.
SSA Marine (SSA), which operates three container terminals at the US Port of Long Beach, has become the first terminal operator at the port to transition its fossil-fueled cargo-handling equipment fleet to renewable diesel fuel.
The Petroleum Safety Authority has discovered a total of four irregularities and improvement points during an audit of the Maersk Drilling-owned Maersk Reacher jack-up rig.
Bulk carrier Frontier Sky, which is owned by Japanese shipping major NYK and operated by Singapore-based Tata NYK Shipping, has conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited, a major steel manufacturer in India.
As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.
