The Cruise Division of MSC Group has confirmed firm orders for two hydrogen-powered vessels for its luxury travel brand Explora Journeys with the Italian shipbuilder Fincantieri and pledged to continue its push towards a net zero-carbon emissions target by 2050 by investigating additional new and ad
The Spanish government has awarded €1.2 million to Carnegie Clean Energy’s AGUAMARINA project to enhance and extend the deployment of its CETO wave energy device at Biscay Marine Energy Platform (BiMEP) in the Basque Country.
As the European Union (EU) prepares to implement the EU Emission Trading System (ETS) directive for the maritime sector, the European Sea Ports Organisation (ESPO) has raised concerns about the potential for carbon and business leakage due to the current legislation’s limited scope. The EU ETS direc
Greek-flagged LNG dual-fuel very large crude carrier (VLCC) Antonis I. Angelicoussis has received a certification from the Green Award Foundation, becoming the first of its kind to join the Green Award program. The certification includes the Green Award greenhouse gas labels CO2 (level 1) and CH4. T
UK offshore wind solutions provider OEG Renewables (OEGR) is targeting a strengthened position in the survey market with the acquisition of GEOSIGHT, a compatriot marine surveying company working on offshore renewable energy, subsea cables and civil projects. GEOSIGHT, founded in 2016 and headquarte
Fifteen years after its establishment, the Finnish company Wello has declared bankruptcy and ceased operations following the failure of two of its full-scale Penguin wave energy devices in real sea conditions, the last of which occurred offshore Spain in late 2021.
Florida-based shipping and energy supply chain company Crowley has teamed up with nuclear power firm BWX Technologies through a memorandum of understanding for a ship concept that has the potential to generate nuclear power. Under the cooperation, the duo will work on the design, engineering, and de
Aramco’s CEO has called upon world leaders and energy players to devise concrete transition steps in a bid to ensure a just transition and avert a potential energy crisis, as a result of a premature phasing out of fossil fuels.
Swiss marine power company WinGD has signed a memorandum of understanding with South Korean shipowner KSS Line to explore X-DF-A dual-fuel ammonia engines for future newbuilds. WinGD is due to begin validation of its ammonia-fuelled engine concept on single and multi-cylinder test engines, in Winter
Freeport East, one of eight new Freeports in England covering an area within roughly 45 kilometers of the ports of Felixstowe and Harwich, holds the potential to become a key player in the development of hydrogen-enabled green shipping corridors as well as decarbonization of transport, a new study s
Japan’s energy major JERA, through JERA Ventures, has invested approximately £1 million ($1.24 million) in Immaterial, a UK company that aims to accelerate the energy transition with its CO2 capture and hydrogen storage technologies. JERA said it will support startup growth and cocreation by offerin
The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam (PoR) and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third Green Corridor workshop, held this week in Rotterda
The US Department of Energy’s (DOE) Water Power Technologies Office (WPTO) and the Oak Ridge Institute for Science and Education (ORISE) have opened applications for the 2024 Marine Energy Graduate Student Research Program.
Cruise shipping major Royal Caribbean Group has completed over 12 consecutive weeks of biofuel testing in Europe. The company began testing biofuels last year and expanded the trial this summer in Europe to two additional ships — Royal Caribbean International’s Symphony of the Seas and Celebrity Cru
