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Transition - Offshore Energy

Transition

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Transition

MPA Singapore initiates call for financiers and insurers to back adoption of electric harbor craft

The Maritime and Port Authority of Singapore (MPA) has initiated a call for proposals from financial institutions, intermediaries, marine insurance providers, and brokers to expedite the use of electric harbour craft in Singapore, which is an integral part of MPA’s goal to achieve net-zero emissions

about 2 years ago

Transition

WATCH: Wallenius Wilhelmsen tests new hull of Orcelle Wind before approaching shipyards

Wallenius Wilhelmsen and its project partners are working diligently on the development of the Orcelle Wind, an innovative wind-powered Pure Car Truck Carrier. Namely, parallel to the production of the first wing prototypes, the company is also working on the fine-tuning of the vessel design. The Al

about 2 years ago

Transition

NYK’s 6th LNG-fueled pure car and truck carrier starts operations

NYK’s sixth LNG-fueled pure car and truck carrier, Sumire Leader, has started its transportation service for Mazda Motor Corporation, arriving at the port of Hiroshima on Oct 17 and the port of Nakanoseki on Oct 18. This vessel is the last of four LNG-fueled PCTCs delivered from China Merchants Jinl

about 2 years ago

Maersk feeder bunkering with Agility tanker; Image credit Maritime & Port Authority of Singapore

Transition

Mittal: Shipowners need to start locking in long-term supply of green fuels

In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se

about 2 years ago

A bunch of tenders coming up for second Malta-Sicility interconnector

Transition

A bunch of tenders coming up for second Malta-Sicily interconnector

InterConnect Malta has launched a tender for the transformer and shunt reactors for the second Malta to Sicily electrical interconnector. This is the first of a number of tenders upcoming for the project. The interconnector will consist of a new ~118-kilometer-long 225 MW HVAC electrical cable inter

about 2 years ago

Transition

Methanol, ammonia are important for transport but have the greatest role in decarbonizing shipping, report finds

The Decarbonising UK Freight Transport (DUKFT) Network has released a new report claiming that hydrogen-derived fuels such as methanol and ammonia may be important in some niches for road and rail freight, but have the greatest role in decarbonizing domestic and international maritime freight.

about 2 years ago

Transition

Parker: Shipping financing will not be the same

Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2

about 2 years ago

Transition

Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report

In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2

about 2 years ago

Transition

Australian maritime body urges ‘shakeup’ of oil & gas infrastructure decommissioning policy

The Maritime Union of Australia (MUA) is urging the Australian government for a major shakeup of government policy and regulation of the dismantling, processing, recycling and disposal of offshore oil and gas infrastructure. MUA, alongside Macquarie University’s Centre for Energy and Natural Resourc

about 2 years ago

Transition

Seismic campaign completed at Aker BP and OMV’s CCS license

Aker BP and OMV have completed the acquisition of a 3D seismic survey over their carbon capture and storage (CCS) license area in the Norwegian North Sea. Norwegian seismic company PGS with its vessel Ramform Atlas carried out the campaign over the Poseidon CCS license located approximately 100 kilo

about 2 years ago

Transition

With FID in place, first Dutch CO2 storage project cleared for take-off

The final investment decision (FID) has been made for the Porthos CO2 storage project – the first such project in the Netherlands, allowing construction to start next year. Porthos, a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority, will provide transport and storage services to s

about 2 years ago

Surveys about to start for Scottish offshore link

Transition

Survey about to start for Scottish offshore link

Reach Subsea is set to begin a cable route seabed survey later this month for SSEN Transmission’s HVDC transmission link offshore Scotland. The survey activities will be carried out in the North Sea and Outer Moray Firth for the Spittal to Peterhead HVDC power cable. Survey vessel Viking Reach is ex

about 2 years ago

Transition

APM Terminals making headway on Brazil’s 100% electrified terminal

APM Terminals Suape, part of Maersk’s port logistics arm APM Terminals, has received approval from Brazil’s National Waterway Transport Agency to change its cargo profile, enabling the terminal to operate containerized cargo and expand the area to be used by the terminal. APM Terminals Suape will op

about 2 years ago

Transition

ClassNK: 80 million gt of zero-emission ships needed annually by 2040 to meet IMO targets

The maritime industry must build 80 million gross tonnage (gt) of zero-emission ships each year over the 14-year period from 2027 to 2040 to achieve the indicative checkpoints for 2030 and 2040 developed by the International Maritime Organization (IMO) in its 2023 Greenhouse Gas (GHG) Strategy, acco

about 2 years ago