NYK has released the NYK Group ESG Story, presenting detailed activities to advance the integration of Environmental, Social, and Corporate Governance (ESG) into the company’s management strategy.
The Nordic Investment Bank (NIB) has signed a 10-year loan agreement with Danish national transmission system operator Energinet to co-finance the construction of the Viking Link interconnector between the UK and Denmark.
Based on today’s policy settings, global oil demand is set to rise every year through 2026 but stronger policies and behaviour changes could bring a peak in demand soon, an IEA report says.
Danish-based multidisciplinary engineering consultancy NIRAS has produced a detailed technical report on the Crestwing’s wave energy concept, finding its mechanics robust and flexible with room for efficiency improvements in converting wave energy to electricity.
Kongsberg Maritime has reached an agreement with Norway’s Institute of Marine Research (IMR) for the supply of four autonomous vessels that will be used for marine ecosystem monitoring.
In their efforts to achieve net-zero emissions, U.S. LNG export project developer NextDecade launches NEXT Carbon Solutions, a subsidiary that is to develop a large carbon capture and storage (CCS) project at the Rio Grande LNG.
German container shipping giant Hapag-Lloyd saw a significant earnings surge in 2020 despite negative effects of the coronavirus pandemic.
Rapid scaling of wind propulsion across the fleet in the next 10 years could not only pay for itself but could go a very long way to releasing the funds required to go beyond IMO2050 and even deliver full decarbonization for the fleet, Gavin Allwright, Secretary-General at the International Windship
MethanQuest project, led by Rolls-Royce and DVG shows that hydrogen and methane manufactured using renewable energy resources will play a major role in the future.
Scottish technology development company Ecosse IP (EIP) has announced plans to optimise its hydrokinetic system, dubbed Mass of Water Turbine (MOWT), in collaboration with Sandia National Laboratories as part of the U.S. Department of Energy’s TEAMER programme.
IQAX Limited, an information technology company providing digital solutions for global shipping and trade, has been officially commissioned by the Global Shipping Business Network (GSBN) to develop, enhance and operate a blockchain platform.
A new partnership between Ashtead Technology and Ocean Atlantic Petroleum (OAP) has executed its first marine services project in West Africa for Total, securing additional work from the French oil major.
International oilfield service company Expro Group has formed an exclusive alliance with global vessel provider FTAI Ocean for the supply of the DP3 M/V Pride vessel that will deliver full light well intervention services to the subsea oil and gas sector.
There has been a notable increase in the uptake of large ammonia vessels over the past year, according to Getting to Zero Coalition’s latest edition of zero-emission project mapping. The number of identified projects has jumped from 66 to 106, the coalition’s second edition of the biannual Mapping o
