The global FSRU market size is forecast to increase in the 2024–2028 period, based on a report by U.S.-based market research firm Technavio.
Researchers at the U.S. National Renewable Energy Laboratory (NREL) have found that using electricity generated by offshore wind turbines to split water to produce clean hydrogen may make economic sense, particularly along the U.S. Atlantic Coast and in the Gulf of Mexico.
Wales’ marine renewable energy sector delivered £29.9 million to the Welsh economy during the 2023 / 24 financial year, a significant slowdown in spending compared to last year’s total of £103.4 million, according to a report by Marine Energy Wales. The decline is thought to be down to the conclusio
IRENA has released Renewable Energy Statistics 2024 which claims that despite renewables becoming the fastest-growing source of power, the world risks missing the tripling renewables target pledged at COP28.
Brazil is poised to become a significant player in the global ship recycling market, the NGO Shipbreaking Platform said.
The Port of Singapore, the world’s busiest transshipment hub and largest bunkering port, reported a growing demand for greener fuels in 2023 as it continues streamlining efforts towards a multi-fuel future.
The rise of small modular reactors (SMRs) points to a step change for nuclear applications in shipping if regulatory hurdles can be overcome, classification society Lloyd’s Register said in a new report.
Germany’s maritime solutions provider Schulte Group has established Ocean Opt, a new company that will serve as a one-stop solution for emissions management for ship managers, owners and charterers.
The Government of Canada has passed into law the first four Clean Economy Investment Tax Credits (ITCs), set to attract investment, boost innovation, create jobs, and steer the nation’s economy towards achieving net-zero emissions by 2050.
High-impact exploration average discovery size is declining while costs have risen for the fifth consecutive year.
By investing in a dual fuel vessel and using e-fuels, companies that comply with FuelEU and ETS can save up to 10% in total costs of ownership (TCO) over a ship’s lifetime compared to conventional engines burning fossil fuels, according to the latest findings of the Mærsk Mc-Kinney Møller Center for
LPG as marine fuel, in combination with energy-saving technologies such as onboard carbon capture and storage (OCCS), could deliver a significant carbon reduction, according to a new joint report from Lloyd’s Register (LR) and the World Liquid Gas Association (WLGA).
E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, but the journey needs to start now, a Wood Mackenzie (WoodMac) report said.
The negative impact of protectionism is seen as one of the biggest emerging threats to global shipping.
