Oman’s logistics provider Asyad Group has signed a joint study agreement with OQ Alternative Energy and Sumitomo Corporation Middle East FZE to look into the potential of establishing Oman as a global low-carbon fuel bunkering hub. The agreement is said to mark a ‘pioneering step’ in promoting susta
Luxembourg-based shipping group CLdN has firmed up an order for ten newbuild fuel-efficient load-on / load-off (LoLo) container vessels as part of its expansion in the LoLo segment within its container carrier fleet. The new ships will be built by HD Hyundai Mipo in Ulsan, South Korea, and have a ca
HIF Global has signed a land reservation contract with Port of Açu to develop a facility to produce up to 800,000 tons per year of e-methanol.
The Port of Long Beach, Shenzhen Port Group, Hutchison Ports YANTIAN, South Coast Air Quality Management District (South Coast AQMD) and the North American Representative Office of Shenzhen, have signed a memorandum of cooperation to collaborate on decarbonizing ocean trade and inspire other similar
The University of Michigan has unveiled the establishment of the Center for Growing Ocean Energy Technologies and the Blue Economy (GO Blue), an initiative that enjoys the backing of three universities and is funded by the National Science Foundation (NSF) under the Industry-University Cooperative R
A joint venture (JV) between Schoeller Holdings and Deutsche Offshore Schifffahrt (DOS) has ordered four commissioning service operation vessels (C-CSOVs) for deployment in the offshore wind and other segments of the offshore energy sector, marking its entry into the market which is, according to Ph
The eighth annual report looking into the global progress in transitioning to a low-emissions economy published by Generation Investment Management, a London-based pure-play sustainable investment manager, sheds some light on the progress countries around the globe are making with tackling the COP28
Japanese conglomerate Kawasaki Heavy Industries has entered into a strategic agreement with CB&I, a wholly-owned unrestricted subsidiary of McDermott, to promote a commercial-use liquefied hydrogen (LH2) supply chain. Under the agreement signed on September 18 during Gastech 2024 in Houston, Kawasak
UK-headquartered Tocardo, a producer of tidal and free-flow water turbines, has relocated its European operations from Den Oever to Vlissingen, Province Zeeland, Netherlands. The move places the company closer to key partners in the Offshore For Sure (O4S) project, such as Water2Energy, World Class
McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production.
Energy equipment and marine solutions company Hawnha Power Systems, a part of South Korean Hanwha Group, and Greek LNG shipping services provider GasLog have agreed to work on replacing the existing fossil fuel-powered vessels with ammonia gas turbines under the new memorandum of understanding (MoU)
A three-pronged approach would be required for the shipping industry to deliver the International Maritime Organization’s (IMO) decarbonization targets, according to Seas at Risk, an umbrella organization of environmental NGOs promoting policies for marine protection.
AFC Energy has launched Hyamtec, a wholly-owned subsidiary established to commercialize the company’s next-generation distributed ammonia cracking business.
Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.
