Danish company Wavepiston and Export Barbados (BIDC), an agency of the Barbados Government, are set to explore the deployment of wave energy farms offshore Barbados. According to Wavepiston, Barbados and most of the Caribbean region hold a large potential for wave energy. Barbados has set a net-zero
To deliver a cost-effective net-zero energy system and with electricity consumption potentially trebling by 2050, the UK should seek to harness 27 GW of wave energy, according to research by Finland’s LUT University. LUT University investigated a series of potential scenarios for the UK and Ireland
Shell has revealed its latest outlook on the global demand for LNG, predicting a rise in demand of more than 50% by 2040.
Disruptions in two major global maritime trade waterways seem to have diminished efforts to accelerate decarbonization of the shipping industry.
German cruise line AIDA Cruises, part of Carnival Corporation, has launched AIDA Evolution, the largest fleet modernization program in the company’s history, to make its ships future-proof and more environmentally friendly.
Oslo Stock Exchange-listed Prosafe has caught sight of increased activity in tenders covering work for 2025 and beyond.
two representatives from Bureau Veritas have provided their take on the current energy trends, highlighting that renewables and hydrogen are positioned to reap the benefits from the recent U.S. liquefied natural gas (LNG) permitting pause.
This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.
The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its color, according to Wood Mackenzie’s (WoodMac’s) Horizons report ‘Over the rainbow: Why understanding full value-chain car
Australia’s government has been urged to target new gas supply to avoid forecast shortages and ease cost-of-living pressures.
Reach Subsea has reported record-high numbers for the fourth quarter of 2023 and the whole year, with all parameters driven by growth, improved pricing, and strong project execution. Reach Subsea’s revenue for Q4 2023 grew by 45% to NOK 474 million ($44.5 million), whereas EBIT grew by 130% to NOK 7
Japan’s FPSO operator MODEC has unveiled its new, mid-term business plan, covering the period from 2024 to 2026.
The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the
According to a Ricardo study, commissioned by Transport & Environment (T&E), a European clean transport campaign group, the European Union (EU) should be cautious about relying on uncertain imports to meet its hydrogen targets. The study, made to assess the EU’s needs for hydrogen imports and evalua
