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Transition

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Viking Line
Transition

Viking Line vessels switch to green shore power to cut GHG footprint

Finnish shipping company Viking Line has switched to using only green electricity from renewable energy sources in an effort to reduce up to 780 tons of its annual greenhouse gas (GHG) emissions.

about 2 years ago
EcoCoaster
Transition

Methanol-ready ECOaster vessel design wins DNV’s green light

A methanol-ready ship concept developed in Oldenburg, Germany, has received Approval in Principle (AIP) from the international classification society DNV. The project is supported by the companies claus rodenberg waldkontor, Fehn Ship Management, Reederei Rörd Braren, and HB Hunte Engineering, which

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about 2 years ago
CEPSA
Transition

Cepsa and Maersk-backed C2X to develop largest green methanol plant in Europe

Maersk-backed methanol developing and producing company C2X has teamed up with Spanish energy giant Cepsa to develop a green methanol plant in the port of Huelva, southern Spain. The project aims to reach an estimated annual production capacity of 300,000 tons of green methanol, which Cepsa calculat

about 2 years ago
Canada
Transition

Canada embarks on Green Shipping Corridor Program to help cut shipping pollution

The Canadian government is launching a new program that will establish green shipping corridors and help decarbonize the marine sector in major shipping areas along the Great Lakes, the St. Lawrence Seaway, and Canada’s east and west coasts.

about 2 years ago
MMMCZCS
Transition

Green corridor surge: initiatives soar to 44, doubling from last year’s count

The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co

about 2 years ago
Mein Schiff 7
Transition

Methanol-ready Mein Schiff 7 launched in Finland

Mein Schiff 7, a methanol-ready cruise ship ordered by Hamburg-based cruise company TUI Cruises, has been launched in Finland.

about 2 years ago
Fincantieri
Transition

Fincantieri boosting offshore and subsea sectors’ growth with new acquisition

Italian shipbuilding giant Fincantieri has set forth the main terms and conditions for the acquisition of 100% shares of Remazel Engineering.

about 2 years ago
VLAC
Transition

Maersk Tankers reveals mega order for up to 10 very large ammonia carriers

Tanker operator Maersk Tankers has confirmed that it has ordered up to ten very large ammonia carriers (VLACs) at Hyundai Samho Heavy Industries in Korea. The order has been placed by an affiliated company of Maersk Tankers, validating previous media reports. As disclosed, Japanese company Mitsui &

about 2 years ago
DP World
Transition

DP World joins First Movers Coalition to spur decarbonization

Dubai-based port operator DP World has joined the First Movers Coalition (FMC), setting a target of 5% of its marine power to come from hybrid engines and zero-emission fuels by 2030.

about 2 years ago
Denmark and USA to explore development of green corridors in the Global South
Transition

Denmark and USA to explore development of green corridors in the Global South

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the U.S. Department of State, the U.S. Department of Energy, and the Danish Government have joined forces to resource and execute pre-feasibility studies for green corridors in five countries in the Global South, as announced on Friday at C

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Transition

COP28 brings ‘historic’ action as 50 oil & gas players pen decarbonization charter

A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Transition

Dive into: Multi-million and billion-dollar deals, interconnectors, innovations, acquisitions, and vessel jobs

The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.

about 2 years ago
CEOs
Transition

Shipping CEOs call for an end to fossil-only powered newbuilds

The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Transition

€850 million award for UK’s cable connection project lands on Prysmian’s order backlog

Prysmian has tucked under its belt a contract win worth around €850 million for a high voltage direct current (HVDC) cable connection in the UK.

about 2 years ago