In shipping’s modern age, harnessing wind power is as much about adopting solutions like weather routing and voyage optimisation as it is about the physical wind-assisted propulsion system (WAPS) itself.
Ørsted decided to cease the development of commercial-scale e-Methanol facility under construction, the FlagshipONE project in Sweden.
Despite prolonged disruptions in the container shipping industry, Taiwanese shipping company Yang Ming has reported a profitable second quarter of 2024 and unveiled further ship acquisitions to meet its emission reduction targets.
The increase in cruise ship sizes and the rapid growth in cruise holidays comes at a significant environmental cost, a new report published by Transport & Environment (T&E) shows. The world’s biggest cruise ships are now twice as big as they were in 2000. If they continue to grow at this rate, the b
CPLP has secured approval of corporate conversion and name change as it plans strategic pivot to the LNG and energy transition business.
Woodside signed a binding agreement to acquire 100% of OCI Clean Ammonia Holding and its lower carbon ammonia project in Beaumont, Texas.
Reducing the costs of marine transportation in the CCS value chain is seen as the most important factor in promoting CCS by Japan’s NYK.
Shipping can play a key role as an enabler of the hydrogen economy, according to a new report, presented by the International Chamber of Shipping (ICS).
With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshore rig supply and demand dynamics.
New technologies have the ability to massively close the huge skills gap and shortage of workers that is looming over the offshore wind industry, allowing 10 to 17 times more work to be done by one person, according to Brian Allen, CEO of Rovco, a UK company focused on automating offshore wind servi
German Federal Cabinet has approved the import strategy for hydrogen and hydrogen derivatives.
As the maritime industry is looking for ways to reduce CO2 emissions and reach its ultimate goal of net zero, carbon insetting has emerged as a promising strategy. While some shipping companies have already pioneered carbon insetting, others still perceive it as uncharted territory.
To support the development of the European hydrogen market, the European Union (EU) has, among other activities, adopted a regulation and a directive establishing internal market rules for hydrogen and started work on a pilot mechanism that aims to accelerate investments. However, major European hyd
Maritime suppliers in Germany said they are satisfied with the 2023 financial year, with investments in climate-neutral shipping ensuring good capacity utilization.
