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Environment - Offshore Energy

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Environment

KCC joins Sustainable Shipping Initiative

Norwegian shipping company Klaveness Combination Carriers (KCC) has become the latest shipowner to join the Sustainable Shipping Initiative (SSI).

about 3 years ago

Environment

Asahi Kasei forms investment framework focused on carbon neutrality

Japanese chemical company Asahi Kasei, a part of the Asahi Kasei Group, has established a ‘Care for Earth’ investment framework as a new initiative for carbon neutrality by investing $100 million worldwide in early-stage startups that aim to solve issues in environmental fields such as hydrogen, ene

about 3 years ago

Environment

Anemoi wins backing from Horizon Europe Guarantee fund

British wind propulsion company Anemoi Marine Technologies has won funding from the UK Research and Innovation’s Horizon Europe Guarantee fund as part of its involvement in the Optiwise EU project. The Optiwise project aims to maximise the results of vessels using wind propulsion technologies, such

about 3 years ago

Environment

Fire breaks out at offshore oil platform, leaving four injured

Trinity Exploration & Production has confirmed that a fire broke out at one of its platforms working at an oil field offshore Trinidad.

about 3 years ago

Environment

EEC: Sustainable shipbreaking an untapped area ripe for disruption

Elegant Exit Company (EEC), a sustainable ship recycling startup, is on a mission to change the ship recycling industry by converting old ships into green steel. The Drachten-based company was launched in 2020 with plans to own a fleet of end-of-life ships that will be operated until their planned r

about 3 years ago

Environment

Two final offers in for Denmark’s first CCUS subsidy pool

The Danish Energy Agency has received two final offers related to Denmark’s first tender for the carbon capture, utilization and storage (CCUS) subsidy pool, with a contract expected in May. The Danish Energy Agency announced in August 2022 that three applicants – I/S Vestforbrænding, Ørsted Bioener

about 3 years ago

Environment

Survey: 56 pct of shipowners are in ESG-linked tie-ups

The maritime industry has a better idea of the trade-offs necessary to achieve net zero, although most of the practical work still lies ahead, and regulatory and technology uncertainties remain, a recent survey conducted by the London-based law firm Watson Farley & Williams (WFW) shows. ‘The Sustain

about 3 years ago

Environment

Onyx Power to build hydrogen production plant in Rotterdam port

Port of Rotterdam, the Netherlands, has revealed that energy provider Onyx Power plans to build a low-carbon blue hydrogen production plant at its existing site in the port. With a capacity of 1,200 MW, the plant is expected to produce some 300 kilotonne per annum blue hydrogen, and the Rotterdam po

about 3 years ago

In focus: Vessel decarbonization efforts power ahead

Environment

In focus: In pressing need for GHG reduction, vessel decarbonization efforts power ahead

In a pressing need to reduce global greenhouse gas emissions (GHG), the shipping sector and offshore vessel services providers are certainly the protagonists in the whole decarbonization story. However, although we are seeing an increasing number of initiatives, we still have a long way to go.

about 3 years ago

Environment

ClassNK gives A rating to LNG-powered Fairchem Pioneer

ClassNK certification society has given an A rating to the LNG dual-fueled chemical tanker Fairchem Pioneer jointly developed by Fukuoka Shipbuilding and Fairfield Japan. The tanker is currently under construction at Fukuoka Shipbuilding, and is going to be chartered to FJL. The vessel was evaluated

about 3 years ago

Environment

Port of Gothenburg set to launch methanol bunkering services by end of 2023

Inter Terminals Sweden (ITS), part of Inter Terminals, one of the largest independent bulk liquid storage providers in northern Europe, is collaborating with the Port of Gothenburg to introduce methanol bunkering services in the port by the end of 2023. ITS revealed that preparations are ongoing to

about 3 years ago

New Dutch donation to bridge funding gap, allowing UN to embark on salvage ops for ‘ticking timebomb’ in Red Sea

Environment

Race against time begins as Euronav’s former VLCC heads to decaying FSO Safer to prevent catastrophic oil spill

A very large crude carrier the Nautica, bought last month by the UN Development Programme (UNDP) from Euronav, as part of UNDP’s coordinated operation to remove oil from decaying FSO Safer, has set sail from Zhoushan, China heading for the Red Sea. The Nautica was in drydock in Zhoushan, China for r

about 3 years ago

Environment

DNV and EGPC ink MoU to back sustainability and net-zero goals

Classification society DNV and Egyptian General Petroleum Corporation (EGPC) have signed a Memorandum of Understanding (MoU) to support their effort to set science-based targets for their net-zero goals.

about 3 years ago

Oil barrels (illustration); Source: Equinor

Environment

Canada ranked as preferred global oil supplier with fossil fuels carving a place in energy transition, shows Ipsos study

Ipsos has asked respondents in 28 countries around the world to complete a ranked ballot of eight oil-producing nations.

about 3 years ago