Ballast water management solutions provider Bawat Water Technologies and Damen Green Solutions, a member of the Dutch Damen Shipyards Group, have signed a Term Sheet to create a joint venture in the field of ballast water treatment systems. The joint venture will merge Damen’s InvaSave program with
Taiwanese container shipping giant Yang Ming has been described as the container industry’s ‘emission hero’ for all relevant CEI-covered trades in Q4 2022, according to an analysis of Xeneta’s Carbon Emissions Index (CEI). Xeneta said that Yang Ming was the industry’s only major player to score belo
The UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, says the Energy Industries Council (EIC).
Seven member states of the International Maritime Organization (IMO) have nominated candidates for the post of Secretary-General, as the term of the current incumbent, Kitack Lim of the Republic of Korea, is set to expire on December 31, 2023. The seven nominees are Moin Uddin Ahmed of Bangladesh, S
Portugal is the latest country to accede to IMO’s Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships. The convention covers the design, construction, operation, and maintenance of ships, and preparation for ship recycling to facilitate safe and environmentally sound recyc
The latest oil and gas lease sale for acreage in federal waters in the Gulf of Mexico gathered nearly $264 million in high bids.
The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and
Finnish cleantech company Norsepower Oy has signed a contract with global shipping company IINO Lines for the delivery and installation of two Norsepower Rotor Sails™ on a newbuild Very Large Gas Carrier (VLGC). The LPG dual-fuel vessel was delivered today from Daewoo Shipbuilding & Marine Engineeri
Multinational retail conglomerate Inter IKEA Group has joined the Zero Emission Maritime Buyers Alliance (ZEMBA), as the first member alongside co-founders Amazon, Patagonia, and Tchibo.
The object that was found adjacent to the Nord Stream 2 pipeline last week has been salvaged, the Danish Energy Agency has confirmed. The salvage, which was carried out at a water depth of 73 meters, was completed on 28 March. According to the Danish Defense, investigations indicate that the object
While several Canadian LNG projects are progressing with environmental permits and construction milestones, a Nova Scotia-registered company has decided to stop advancing an LNG project on the Strait of Canso and proposed constructing and operating a green hydrogen and ammonia facility instead. Bear
Norwegian oilfield services provider Aker Solutions has joined the First Movers Coalition (FMC), thereby committing to buying at least 10 per cent of its steel from low-emissions sources by 2030. By joining the decarbonizing coalition, Aker Solutions has committed to a frame agreement for steel purc
Technology group Wärtsilä will supply the engines for Celebrity Cruises’ fifth Edge Series cruise vessel enabling the ship to run on methanol as fuel. Wärtsilä said that it would convert two Wärtsilä 46F engines to allow them to utilise methanol as fuel, marking the first-ever such conversion for th
NKT has completed the power cable systems connecting six offshore oil and gas platforms located at Utsira High to the onshore power supply. This is said to play a central role in reducing carbon emissions from the Norwegian continental shelf (NCS) with 1.2 million tonnes annually. NKT has provided t
