Belgian tanker major Euronav is bewildered by the lack of ship recycling in the tanker market given the prevailing headwinds and low freight rates. Historical trends show that low tanker rates induced owners to send their older tonnage to the scrapyard. Over the last 30 years, on average 5% of the V
An international consortium led by the Port of Antwerp will receive a €25 million grant from the European Horizon 2020 programme for an ambitious project that aims to make European ports greener.
A wide-ranging human rights checklist has been issued to business enterprises engaged with the maritime industry to protect seafarers stranded on ships due to new COVID-19 variants and government-imposed travel restrictions.
The Supergen Offshore Renewable Energy (ORE) Hub has awarded almost £800,000 to eight projects at UK institutions to advance research in the offshore renewable energy sector.
The path to lower CO2 emissions from ships could be shorter by choosing a fleet-based approach to efficiency requirements, a new analysis prepared for Danish Shipping by CE Delft shows.
The BOOST project consortium has developed a purpose-built design for offshore floating solar demonstrator that will be tested at Sintef Ocean’s basin laboratory in the following months.
U.S. energy supermajor ExxonMobil expects up to $200 million in charges related to job cuts in 2021, figured in previously in the company’s cost-savings plans.
Swedish wave energy company Seabased is optimising its electrical system that channels inputs from many generators, each absorbing power from different waves, into a single stream of electricity that is ready for the grid.
U.S. energy technology company Baker Hughes and distributed energy company Bloom Energy have agreed to collaborate on hydrogen solutions to advance the energy transition.
Kawasaki Heavy Industries, Yanmar Power Technology, and Japan Engine Corporation recently formed a consortium of Japanese engine manufacturers to pursue joint development of hydrogen-fueled marine engines for ocean-going and coastal vessels.
Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.
A new mooring, anchoring and quick connect solution optimised for marine energy systems is set for trials in the Atlantic Ocean, following a range of laboratory and on-land test campaigns currently underway.
Onboard carbon capture and storage is technically and financially viable, a feasibility study jointly conducted by Norwegian engineering company TECO 2030 ASA and Austrian-based automotive consulting firm AVL List GmbH has concluded.
Norwegian centre for research and innovation Sintef Ocean has performed tests on a scaled floating solar model on behalf of Moss Maritime and Equinor.
