RenewableUK has urged the UK government to commit to specific deployment targets for marine energy, renewable hydrogen, and floating and onshore wind in the run-up to the COP26 climate change summit in November.
The Gas Exporting Countries Forum (GECF) has published an expert commentary showcasing the key factors that will influence the LNG shipping market.
Belgian tanker major Euronav is bewildered by the lack of ship recycling in the tanker market given the prevailing headwinds and low freight rates. Historical trends show that low tanker rates induced owners to send their older tonnage to the scrapyard. Over the last 30 years, on average 5% of the V
Kawasaki Heavy Industries, Yanmar Power Technology, and Japan Engine Corporation recently formed a consortium of Japanese engine manufacturers to pursue joint development of hydrogen-fueled marine engines for ocean-going and coastal vessels.
Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.
Onboard carbon capture and storage is technically and financially viable, a feasibility study jointly conducted by Norwegian engineering company TECO 2030 ASA and Austrian-based automotive consulting firm AVL List GmbH has concluded.
Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter.
Russia and China are expected to lead the global small-scale LNG liquefaction capacity additions by 2025, according to the analytics company GlobalData.
Just like its rival Transocean, Noble Corp. is optimistic about the outlook with a pipeline of tender opportunities on the horizon.
American maritime classification society American Bureau of Shipping (ABS) has published a study that demonstrates LNG’s potential to help reach low carbon goals in the shipping industry.
Following new contract awards to its drillships and a harsh environment rig, Transocean is optimistic about contracting throughout the year.
The corona pandemic has further exposed the vulnerabilities of the German and EU shipbuilding sectors, which have already been under massive pressure from the Asian competition. Specifically, German shipbuilders have been predominantly active in the cruise shipbuilding and large yacht building secto
Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt.
With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach $810 billion (approx. €670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energ
