The majority of emissions are created during the operational period of a vessel’s life cycle but these can be reduced by approximately 90% through the use of zero- or low-carbon fuels, reveals the industry-first cradle-to-grave study carried out by Lloyd’s Register (LR) and partners to assess enviro
UK subsea energy provider Forum Energy Technologies (FET) has appointed the first energy transition business development manager within its subsea business with the aim to help operators achieve carbon emission improvements. Martin Thomson, experienced in both subsea and offshore wind sectors, will
As the global offshore energy industry takes steps to evolve in line with emerging technological innovations, the UK regulator, the North Sea Transition Authority (NSTA) points out that the North Sea is increasingly becoming a hotbed of activity aimed at employing new technology to enable the streng
Norway-headquartered Deep Wind Offshore has entered into a collaboration with Hydepoint to explore offshore hydrogen production from offshore wind. EU has set a target of 200 million tons of hydrogen produced from renewable energy by 2030. The European Commission launched an action plan that could e
Japanese maritime leaders Idemitsu Tanker Co., Iino Kaiun Kaisha, Nippon Yusen Kabushiki Kaisha (NYK), and Nippon Shipyard Co. have joined forces to create a consortium to design and build a low-emission Very Large Crude Carrier (VLCC). The consortium is targeting up to 40% reduction in greenhouse g
South Korean shipbuilder HD Hyundai Heavy Industries is working together with Seoul National University to develop eco-friendly ship technology through the advancement of sloshing technology in ship cargo holds.
Japanese engineering company Chiyoda Corporation, compatriot shipping major Nippon Yusen Kabushiki Kaisha (NYK), and its affiliate Knutsen NYK Carbon Carriers AS (KNCC) have conducted a joint study to quantitatively evaluate and verify the feasibility of the carbon capture, utilization, and storage
The Sustainable Shipping Initiative (SSI) has launched its State of Sustainable Shipping (SoSS) program, bankrolled by Lloyd’s Register Foundation. Expanding on the Roadmap to a Sustainable Shipping Industry, the SoSS program hones in on six crucial vision areas: Oceans, Communities, People, Transpa
ACUA Ocean, a manufacturer of hydrogen-powered uncrewed surface vessels (USVs), and Genevos, a hydrogen fuel cell power systems integrator, have signed a memorandum of understanding (MoU) for a commercial collaboration to develop next-generation hydrogen-powered USVs (H-USV). The strategic collabora
Eni’s CEO describes the UK as a top investment destination not just for natural gas but also for renewable energy, and carbon capture and storage (CCS).
A Scottish consortium of four renewable and maritime companies has secured funding from the UK Government Department for Transport (DfT) to develop a green hydrogen shore power trial project at the Port of Leith. As disclosed, the project was granted over £535,000 (around $679,000) as part of the Cl
Japanese companies Japan Petroleum Exploration Co.., Mitsubishi Gas Chemical Co., IHI Corporation, Mitsui & Co., and Mitsui O.S.K. Lines (MOL) have started a joint study for the establishment of the ammonia supply base in Soma area, Fukushima Prefecture.
On Monday, January 29, Japanese shipping major NYK Group broke ground on a test engine facility, aimed at evaluating the safety and practical application of biofuels for maritime use. The company’s latest venture towards sustainable shipping is being constructed in Chiba Prefecture. NYK Group compan
Energy technology company Baker Hughes has reached numerous milestones in the advancement of its hydrogen-enabling technologies as well as in executing several customers’ hydrogen projects and new collaborations as part of its broader strategy in new energy. The company announced these milestones du
