Clear regulatory signals, greater investment and cooperation among governments, industry and financial actors will be essential to driving the shipping industry’s transition, the United Nations Conference on Trade and Development (UNCTAD) said.
Industry stakeholders will gather in Aberdeen next month to explore the UK’s multi-billion-pound wave and tidal energy potential. The Marine Energy 2025 event, organized by Global Underwater Hub (GUH) in partnership with the UK Marine Energy Council (MEC), will take place at GUH’s office in Westhill
Indonesian state-owned company PT Pertamina International Shipping (PIS) has unveiled its latest strategy to seize opportunities in international carbon shipping, signaling its readiness to support the development of the carbon capture and storage/carbon capture utilization and storage (CCS/CCUS) se
A new case study from Swedish wave energy developer CorPower Ocean highlights the role of wave energy in achieving the lowest-cost 24/7 clean energy in northern Scotland. According to CorPower Ocean, wave energy consistently reduces system costs, installed capacity, and storage requirements across s
Funds collected as part of the EU’s CO2 Emissions Trading System (ETS) could be used to establish and scale up the production of green fuels in Europe, Danish Shipping said.
The Netherlands-headquartered Fugro has announced a reduction of 300 jobs and the withdrawal of its financial guidance for 2025 as a wide range of projects has been affected by postponements due to market uncertainties, mainly seen in oil and gas. Fugro reported on September 22 that although the sec
Onboard carbon capture and storage (OCCS) could play an important role as an interim measure for shipping decarbonization while alternative fuels are scaled up, it was heard at a recent seminar organized by the International Maritime Organization (IMO).
A recent study by the international intergovernmental organization Gas Exporting Countries Forum (GECF) has highlighted the potential impacts the trade deal signed between the US and the EU could have on liquefied natural gas (LNG) market dynamics.
Germany’s Rostock Port and Brazil’s Port of Pecém have signed a memorandum of understanding (MoU) to jointly develop a transport corridor through which green energy and green products from Brazil can be imported to Germany and Eastern Europe.
Swiss turbocharger producer Accelleron has unveiled its first report on maritime decarbonization with a call on the shipping industry to join the global hydrogen economy by working with other sectors to pool demand for carbon-neutral fuels.
IMO’s Net-Zero Framework mandates a new fuel standard for ships and a global pricing mechanism for emissions.
Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi
Shipping’s energy transition is entering a new phase—one defined by strategic investment, accelerating fleet readiness, and emerging regulatory developments. This has been highlighted in the new edition of DNV’s Maritime Forecast to 2050.
While often presented as the simplest solution to meet the requirements of the FuelEU Maritime regulation, pooling can become a long-term cost trap for shipowners, Berlin-based platform ZERO44 warned in its new whitepaper.
