The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On
The Dutch Marine Energy Centre (DMEC) has unveiled a market report forecasting that tidal and wave energy could anchor Europe’s green transition and bring billions in market value by 2050, however, there are certain challenges that need to be surpassed for them to reach their potential. Leveraging h
The Netherlands-based energy infrastructure firm VTTI has launched an open season for ammonia storage and ammonia cracking capacity at its terminals in Rotterdam and Antwerp.
China’s BYD, ‘the world’s largest’ plug-in hybrid electric vehicle manufacturer, recently took delivery of its second LNG dual-fuel car carrier.
Despite the fact that it is maturing faster than other alternative fuels, LNG and the pathway to net zero is still in its adolescence as more investment in this segment is needed, industry coalition SEA-LNG has noted. SEA-LNG highlighted that the approximately 2,200 LNG-fuelled vessels and LNG carri
The Nordic Roadmap project has unpacked the Fuel Transition Roadmap for Nordic Shipping, a “comprehensive” report that urges Nordic ministers to take immediate action to support the maritime industry in achieving its environmental goals by closing the cost gap associated with the fuel transition. As
There is a palpable momentum in developing viable fuel solutions across the maritime value chain – even when the green transition for shipping faces considerable hurdles, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) unveiled in an updated version of its Fuel Pathway Maturity
The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sectors are making on their energy transition jou
Despite the efforts to promote liquefied natural gas (LNG) as the go-to clean alternative, new evidence on upstream emission suggests that Europe’s gas mix is much dirtier than the European Union’s (EU) officials had initially thought, Transport and Environment (T&E) shared. According to a study tit
While e-fuels are seen as viable solutions to support decarbonization, they can not be expected to play a major role in the global shipping sector by 2030 due to limited expansion, the European Maritime Safety Agency (EMSA) found in its latest report exploring alternative fuels and decarbonization t
Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision.
Denmark-headquartered power cable manufacturer and installation firm NKT is nearing completion of its expansion project in Alingsås, Sweden, with access to the test hall and new buildings set for next month. NKT announced it was expanding its operations in Alingsås to boost the production capacity o
Hydrogen projects face risks from uncertainties of future hydrogen demand and high costs, and the EU is likely to miss the 2030 strategic goal of 20 Mt renewable hydrogen consumption, according to a hydrogen monitoring report from the European Union Agency for the Cooperation of Energy Regulators (A
Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalyzed by public and private action – have rapidly expanded in popularity worldwide but progress could stall without urgent action from governments to overcome a “feasibility wall”, according to a
