Solstad Offshore has sold additional six vessels in a bid to reduce its debt by successfully completing its divestment strategy.
A cross-boundary project involving science and industry experts has landed €3.4 million ($3.7 million) from an EU climate action fund to accelerate the uptake of ship-based carbon capture (SBCC) by international shipping companies.
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
Integrated energy company Chevron has entered into an agreement to join the Global Centre for Maritime Decarbonisation (GCMD) and help support the centre’s efforts to develop potentially scalable lower carbon technologies.
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
Japenese ITOCHU Corporation has launched the joint study framework (JSF) for ammonia bunkering safety and signed a memorandum of understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to jointly promote the development of an ammonia fuel supply base in Singapore.
German propulsion expert Schottel has decided to acquire a majority stake in elkon, a Turkish specialist for marine electrical system integration.
IEEFA says that the Ukrainian crisis impacts on energy markets may stop emerging markets in Asia from securing imported LNG supplies.
Sustainable Marine has recorded a first major milestone in the Canadian-German EvoFoil project after completing extreme load testing on a new tidal turbine blade, designed to withstand some of the most challenging tidal environments in the world.
MPA and K Line will participate in the feasibility study jointly conducted since March 2021 by the SABRE consortium with the aim to establish a ship-to-ship based ammonia bunkering in the Port of Singapore, the largest bunkering port in the world.
A consortium, led by the Global Maritime Forum, is planning to assess the development of an iron ore green corridor between Australia and East Asia in an effort to decarbonise the maritime sector.
Chariot, an Africa-focused transitional energy company, has signed a memorandum of understanding (MoU) with the Dutch Port of Rotterdam International, a global energy hub and Europe’s largest seaport which handles a significant portion of Europe’s total energy demand.
A zero-emission ferry ordered by Danish ferry operator Scandlines will run on a 10 MWh lithium-ion battery energy storage system (BESS) from Swiss energy storage solutions company Leclanché.
ORPC has partnered up with Matanuska-Susitna Borough to test its RivGen hydrokinetic power system at the Upper Cook Inlet in Alaska.
