The NGO Shipbreaking Platform is calling for the extension of the EU Ship Recycling Regulation to include ownership in addition to the flag, after releasing the latest figures on global shipbreaking practices for 2023. The data from the platform shows that out of the 446 ocean-going commercial ships
The NSTA has offered 24 licenses across 74 blocks and part-blocks, which are situated in the Central North Sea, Northern North Sea, and West of Shetland areas.
A new e-fuels project has kicked off aiming to develop and convert a bulk carrier to run on climate-neutral fuels. Led by Icelandic engineering company Verkís, the European GAMMA project, initiated in January 2024, involves retrofitting a TOPIC Fleet bulk carrier with innovative technologies to demo
Belgian tanker major Euronav has placed an order for an additional dual-fuel ammonia-ready Very Large Crude Carrier (VLCC) at Qingdao Beihai shipyard in China, confirming previous broker reports on the deal. The order was placed in January 2024. Combined with the three orders announced in 2023, the
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
A coalition of seven NGOs has sent a letter, encouraging the European Commission to list fossil fuel phase-out dates within the roadmap for Europe’s 2040 target.
The Viking Link carbon capture and storage (CCS) project in the UK has entered the front-end engineering design (FEED) phase with the award of the contract to Technip Energies. Viking CCS, previously known as V Net Zero, is the Humber-based CO2 transportation and storage network led by UK oil and ga
Greek pure-play Capesize ship owner Seanergy Maritime Holdings Corp. has revealed that it will retrofit one of its existing Capesize vessels with hydrogen (H2) technology. The project is being bankrolled through the European Union Funded SAFeCRAFT Project Consortium. Seanergy, through its wholly-own
San Bernardino Ocean Power Corporation (SBOPC), an affiliate of Energies PH, has awarded the UK’s Inyanga Marine Energy Group with a contract to build Southeast Asia’s first-ever tidal power generation plant. The project will be located at the remote Capul Island of Northern Samar in the Philippines
French container shipping heavyweight CMA CGM and China State Shipbuilding Corporation’s Qingdao Beihai Shipbuilding Co. have sealed a contract for a containership methanol dual-fuel conversion project at Beihai Shipbuilding. The deal is expected to cover 9,360 TEU vessels built around a decade ago,
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
Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts. Masdar revealed the agreement on January 30, stating that the partnership aims to source, supp
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).
The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes of renewable ammonia, outstripping growing volumes of renewable methanol.
