Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton
With a focus on fostering greener supply chains, PSA International, DNV Singapore and Pacific International Lines (PIL) have signed a memorandum of understanding (MoU) to collaborate on carbon emission measurement, reporting and verification (MRV) and jointly develop sustainable solutions to advance
The upcoming International Maritime Organization’s (IMO) climate talks are set to decide the fate of the maritime sector’s decarbonization, which is a prerequisite for decarbonizing the global economy as a whole.
The Chief Financial Officer (CFO) of offshore drilling contractor Odfjell Drilling is slated to replace his CFO position with another finance-related role at the company.
Danish wave energy technology company Exowave is entering an important phase of developing its wave energy technology, as the power take-off (PTO) system is set for wet testing in the coming weeks. “We’re thrilled to share that the PTO assembly is progressing exceptionally well—faster than expected
Belgium’s Port of Antwerp-Bruges and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MOU) to collaborate on maritime decarbonization and digitalization.
Maritime industry leaders and the Massachusetts Institute of Technology (MIT) have formed a new consortium to address challenges in the global shipping industry.
There are significant economic and climate benefits of using wind-assisted propulsion to power global shipping, a new report by marine NGO Seas At Risk found.
The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr
New Zealand-based electric hydrofoiling technology company Vessev has dropped anchor in the United States market with the launch of its first office in the country, driven by an ambition to address the increasing demand for sustainable maritime solutions. As disclosed, the opening of the new office—
Led by the Dutch Innovation Company (NIM) and supported by the Dutch government, a new project has been launched to develop the “world’s first” zero-emission general cargo ship powered by liquid hydrogen.
Belgian NGO Shipbreaking Platform has called on the European Commission to take measures that will end the “dumping” of toxic ships and boost capacity for sustainable ship recycling.
Italian cabling company Prysmian Group and Dutch integrated subsea solutions service provider N-Sea Group have signed a seven-year framework agreement for rapid response maintenance and repair of submarine cables. The collaboration targets enhanced energy security, bolstering the resilience of subma
Singaporean shipping company Pacific International Lines (PTE) has signed memoranda of understanding (MoU) with two companies to further its journey towards sustainable maritime operations and supply chain decarbonization.
