With COP27 in full swing, governments have set out an action plan to scale up decarbonisation efforts, says IRENA.
Tuvalu becomes the second nation-state to call for an international mechanism to phase out fossil fuels and enable transition to renewables.
SBM Offshore is putting the wheels into motion to resume production by the year-end from an FPSO, which is working for Petrobras off Brazil.
South Korean shipbuilding major Samsung Heavy Industries (SHI) has developed a liquid hydrogen fuel cell system for ship propulsion and received approval in principle (AiP) from the classification society DNV. As explained, the system uses the electric power generated by liquid hydrogen and polymer
Aker BP has secured two types of permits from Norwegian authorities for drilling operations in the North Sea off Norway.
France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels. The move was announced by the French secretary of state in charge of maritime affairs, Hervé Berville at a conference held in Lille on Tues
FAB Link, an interconnector that will link Great Britain and France, is retaining its cap and floor regime in principle, Ofgem announced following the needs case reassessment for the project. The FAB Link project, being jointly developed by FAB Link Limited and Réseau de Transport d’Électricité (RTE
COSCO Shipping Heavy Industry Co. and COSCO Shipping Heavy Industry Technology have won two approvals in principle from ABS classification society for their ammonia-fueled vessel and ammonia supply system designs which are being trialed on a tugboat. Given the challenging characteristics of ammonia,
As many as 800,000 seafarers will require additional training by the mid-2030s to enable the shipping industry to transition towards alternative low- and zero-carbon fuels and technologies with the aim of keeping global warming to 1.5C or less by 2050, a DNV study shows. Findings also suggest that a
Conrad Asia Energy has received written approval from the Indonesian government for the POD Revision for the Mako gas field offshore Indonesia.
The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzing the supply of green fuels, and supporting the global energy transition. The announcement was made on Monday in Egypt at the 27th United Na
3t Energy has been selected to develop a pioneering digital solution in partnership with OPITO to help workers in the offshore energy sector.
Ionian Management Inc., a New York-based ship manager, was sentenced in the District of the Virgin Islands after pleading guilty to a violation of the Act to Prevent Pollution from Ships. The company was sentenced to pay a fine of $250,000 and placed on probation for one year. Specifically, between
The CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for carbon capture (CC) in shipping, matches the expected targets announced by its developer Ecospray, at the beginning of the project, Italian classification society RINA said. The Italian environmental consultant l
