Ten months into 2024, shipyards’ deliveries of containerships have reached a new annual record, according to the shipping association BIMCO.
The World Shipping Council (WSC), the voice of liner shipping, said that the designated European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, will have a key role in securing supply chains and decarbonizing the shipping sector. In a media release issued on November 5,
As part of its My Energy Future initiative, the global non-profit safety and skills body for the energy industry OPITO has published a report on barriers preventing young people from entering the energy sector to glean insights into the steps stakeholders might take to make the industry more appeali
The Panama Canal Authority (ACP) has presented initiatives under development that would help ACP achieve the goal of becoming a carbon-neutral maritime route by 2050.
Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).
Despite the promising progress of wind propulsion in shipping, its uptake remains hindered by regulatory barriers, technical challenges, and a lack of confidence among industry stakeholders, classification society Bureau Veritas (BV) said in a recent report.
France-based geophysical services company Viridien, formerly known as CGG, and American oilfield services company SLB have partnered for the first time in Australia to gather data into the exploration and carbon storage potential of the Bonaparte Basin. Viridien reported on October 24 that the partn
The shipping industry is currently undergoing a transformation shaped by innovations in naval architecture, green technology and digital technology, all enabling a new industrial revolution, according to Christopher J. Wiernicki, Chairman and CEO of class society ABS.
In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren
Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity le
Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.
Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e
The maritime industry is inching closer to achieving a sustainable transition to zero-carbon fuels, thanks to improvements in ship readiness and fuel handling technologies, as detailed in Lloyd’s Register’s (LR) Maritime Decarbonization Hub’s latest Zero Carbon Fuel Monitor (ZCFM) report. Report ove
Italian energy giant Eni has published the 23rd edition of its global energy statistical review, the World Energy Review (WER). In line with the trends registered over the past few decades, the report identifies a stable growth in global primary energy consumption, with fossil fuels making up four-f
