The U.S. Department of Energy (DOE) is allocating up to $14.5 million for environmental research to support U.S. offshore wind development. This Funding Opportunity Announcement (FOA) will support regionally-focused, coordinated research efforts to increase understanding of the environmental impacts
Five Texas terminals of Logistec Corporation and its US Gulf Coast affiliate, Gulf Stream Marine (GSM), will be certified as part of the Green Marine Environmental Certification Program, the duo said.
Despite a massive drop in premium earnings for ships fitted with scrubbers during 2020, the scope for scrubber cancellations has been limited due to contractual obligations with shipyards and scrubber manufacturers, Gibson Shipbrokers said in its latest weekly report. This might come as a bit surpri
Norwegian contractor Reach Subsea has introduced new and future-proof, sustainable solution for subsea services. The project, named Reach Remote, is a cooperation with industrial partners Kongsberg Maritime and Massterly, and also gets support from Innovation Norway. The first stage of Reach Remote
Russian Shipbuilding Complex Zvezda has cut steel for the third MR-type product carrier operating on LNG as marine fuel ordered by the compatriot shipping major Sovcomflot in 2019. The 1B-ice class tanker will have a deadweight of about 50,000 tonnes, length of over 180 meters, width of over 32 mete
French energy giant Total has decided to withdraw from the American Petroleum Institute (API) following a detailed analysis of API’s climate positions.
British multinational oil and gas company BP has denounced media reports alleging the company was involved in the grounding of the bulk carrier Wakashio off Mauritius in July 2020 causing a massive oil spill. The bulk carrier Wakashio, chartered by MOL from a subsidiary of Nagashiki Shipping Co., ra
Four companies Air Liquide, Air Products, ExxonMobil and Shell have registered for a total of €2 billion from the sustainable energy transition subsidy scheme (SDE++) as part of the Porthos project for CO2 capture and storage in Rotterdam. Port of Rotterdam CO₂ Transport Hub and Offshore Storage (Po
Floating Power Plant (FPP) and partners Lundin Energy Norway, NOV-APL, Semco Maritime, Cefront Technologies and Aalborg University have completed a project aimed at using floating wind and wave power to support an offshore oil and gas facility. According to FPP, the project shows that using renewabl
Norway’s offshore safety regulator has given Lundin consent for exploration drilling of an offshore well using the West Bollsta rig.
As the first in the international shipping industry, Norway’s Odfjell SE has successfully issued a sustainability-linked bond.
American Bureau of Shipping (ABS) has joined the International Windship Association (IWSA), the not-for-profit organisation that promotes and helps facilitate the uptake of direct wind propulsion solutions for commercial shipping. The move is being announced as ABS increases its involvement with win
In order to remain the world’s top bunkering hub, the Port of Singapore needs to look beyond liquefied natural gas (LNG), toward other zero or low carbon fuel types.
As the urgency for the shipping industry to transition toward greener operations heightens, there is no room for complacency and waiting for a perfect solution, according to the CEO of United European Car Carriers (UECC), Glenn Edvardsen. “A lot has happened with sustainability in a little time, but
