U.S. manufacturer of drilling and production equipment Dril-Quip has set its decarbonization targets, aiming to reduce its combined Scope 1 and Scope 2 emissions by more than 50% by 2030. Dril-Quip’s decarbonization actions include switching to renewable electricity at certain manufacturing sites, r
Norwegian maritime technology group Kongsberg Maritime (KM) and Singapore-based dry bulk owner Berge Bulk have signed a memorandum of understanding to jointly develop and advance the deployment of decarbonisation technologies onboard dry bulk cargo vessels.
Malaysian LNG shipping company will appoint Rajalingam Subramaniam as the group’s president and CEO effective 1 October 2022.
Classification society Korean Register (KR) has signed a memorandum of understanding (MOU) with compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), agreeing to work together on increased digitalisation and the development of smart and autonomous ship technology.
Ocean Energy Europe (OEE) has signed a joint letter supporting the objectives of the REPowerEU Plan to phase out Europe’s dependency on fossil fuels faster, calling also for ‘bolder action’ on the accelerated roll-out of renewable energy.
Finnish shipping company Finnlines has taken delivery of the third and the last of three roll-on/roll-off (RoRo) vessels in the company’s new Eco class. The vessel, named Finneco III, was delivered at the China Merchants Jinling Shipyard (Jiangsu) on 6 June 2022. Finneco III will enter the company’s
The Clean Arctic Alliance has called on the International Maritime Organization (IMO) to take urgent action to curb climate impacts on the Arctic, by delivering meaningful short-term measures that would kick-start dramatic reductions in global greenhouse gas (GHG) and black carbon emissions from shi
PTTEP is setting the wheels into motion to initiate the country’s first CCS project, in a push to achieve its net-zero GHG emission goals.
French shipping and logistics major CMA CGM has placed its first order for methanol-powered vessels in an effort to expand its energy mix and become carbon neutral by 2050.
SapuraOMV has found no commercial hydrocarbons after drilling an exploration well located offshore Western Australia.
The latest meeting of the G7 ministers for climate, energy, and environment has resulted in further commitments from the world’s most developed countries to curb the rise in global temperatures to 1.5°C and assist the countries affected the most by climate change. One of the commitments that stands
French company Sabella has collected €2.5 million through bond issue to help support its tidal energy business and activities.
SINTEF, a Norway-based independent research organisation, has designed “the world’s first electric speedboat” as part of a European research project aimed at creating an emission-free boat.
US-based company Ocean Power Technologies (OPT) and subsea survey specialist Sulmara Subsea have partnered up to develop advanced uses for OPT’s WAM-V autonomous surface vehicles.
