UK’s oil and gas regulator has launched a decarbonisation competition for the electrification of offshore oil and gas installations.
After achieving its carbon reduction target of 35% compared to a 2005 baseline, American cruise holding company Royal Caribbean Group has committed to further reduce emissions by 25% by 2025 from 2019 levels.
Germany’s boat builder Fassmer Shipyard and compatriot electric drive system provider Torqeedo have developed a fully electric ferry concept for public transport — the Fassmer CIT-E Ferry powered by a Torqeedo integrated drive system.
Liquefied CO2 carrier designs by South Korean shipyard Hyundai Mipo Dockyard (HMD) and its parent company Korea Shipbuilding and Offshore Engineering (KSOE) have been granted approval in principle (AIP) by classification society ABS and the Republic of the Marshall Islands (RMI) Maritime Administrat
UK-based EnQuest has submitted its decommissioning plan for the Thistle Alpha platform topsides to the country’s authorities.
Anglo-Dutch energy major Shell has awarded a contract to Penguin International Ltd, a Singapore-based designer, builder and owner of aluminium high-speed craft, to design, build, and operate at least three pure electric ferries and shore chargers in Singapore.
ETF Managers Group LLC (ETFMG), the US-based exchange-traded fund issuer, has launched the ETFMG Breakwave Sea Decarbonization Tech ETF, the world’s first green technology shipping ETF.
Finnish technology group Wärtsilä and Korean shipbuilder Samsung Heavy Industries (SHI) have signed a joint development programme (JDP) agreement aimed at developing ammonia-fuelled vessels with 4-stroke auxiliary engines available for future newbuild projects.
Classification society Bureau Veritas (BV) has granted an approval in principle (AiP) to South Korean shipbuilder Hyundai Heavy Industries (HHI) and its parent company Korea Shipbuilding & Offshore Engineering (KSOE) for the design and development of an ammonia carrier with ammonia-fuelled propulsio
UK’s investment manager Tufton Investment Management has completed a voyage using 100% sustainable marine biofuel in partnership with Dutch marine biofuels supplier GoodFuels.
Valaris has secured three new contracts for its rigs. One of the contracts will involve operations on a carbon storage project.
Aquaterra Energy has signed a partnership with Lhyfe and Borr Drilling to develop a concept for green hydrogen production in the North Sea.
Japanese shipping major NYK has decided to invest in Australian Integrated Carbon (AIC), an Australian company that sells carbon credits obtained through primeval forest restoration projects.
AtoB@C Shipping AB, a Swedish subsidiary of Finland-based shipping company ESL Shipping, part of the Aspo Group, has decided to order a series of six energy-efficient electric hybrid vessels.
