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Transition

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Business Developments & ProjectsCarbon Capture Usage & StorageGreen MarineMarket OutlooksOutlook & StrategyBusiness & FinanceCollaborationAuthorities & GovernmentEquipmentRegulation & PolicyTechnologyInfrastructureProject & TendersInnovationIT & SoftwareVisionResearch & DevelopmentRules & RegulationVesselsPorts & LogisticsOperations & MaintenanceEnvironmentExploration & ProductionCertification & Classification
Lithuanian KN has new long-term strategy focused on energy transformation and climate neutrality
Transition

Lithuanian KN has new long-term strategy focused on energy transformation and climate neutrality

Lithuanian LNG terminal operator Klaipedos Nafta (KN) has introduced its new corporate strategy for the period 2023-2050 which is centred around the efficiency of current activities, preparation for the energy transformation and transition towards activities in the new energy field. The strategy, wh

about 3 years ago
CIP buys stake in CWP’s green hydrogen development portfolio
Transition

CIP buys stake in CWP’s green hydrogen development portfolio

Copenhagen Infrastructure Partners (CIP) has made a strategic investment in CWP Global’s development portfolio of ultra-large-scale green hydrogen hubs, including projects across Africa, Australia and the Americas. CWP Global, a developer of renewable energy, currently has a green hydrogen hub portf

about 3 years ago
Global OTEC’s 1.5MW floating OTEC platform named Dominique (Courtesy of Global OTEC)
Transition

Grenada hosts OTEC power talks

Focusing on its renewable energy transition, the government of the Caribbean island state of Grenada held a roundtable discussion on ocean thermal energy conversion (OTEC), under the banner of the Global Ocean Energy Alliance (GLOEA).

about 3 years ago
New subsea link in Greece goes into full operation
Transition

New subsea link in Greece goes into full operation

Greek electricity grid operator Independent Power Transmission Operator (IPTO) has put the Western Corridor, part of the Peloponnese interconnection, into full operation. The Western Corridor includes the electricity transmission line connecting Megalopoli with Patras and Western Central Greece, con

about 3 years ago
Raymond Alcorn, CEO and founder of Exceedence (Courtesy of Exceedence)
Transition

Exceedence announces crowdfunding campaign

Irish fintech company Exceedence, which has developed a software to speed up the rollout of offshore wind, wave and tidal energy projects, has unveiled plans to launch a crowdfunding campaign on Seedrs platform.

about 3 years ago
EU
Transition

European Hydrogen Bank linked with Germany’s H2Global scheme to support hydrogen ramp-up

The European Hydrogen Bank, an initiative by the European Commission to facilitate both renewable hydrogen production within the EU and imports, has been linked with Germany’s H2Global support scheme to enhance global hydrogen ramp-up. European Commissioner for Energy Kadri Simson and German Federal

about 3 years ago
SN Corporation Bangladesh
Transition

Bangladesh ratifies Hong Kong Convention for Sustainable Ship Recycling

Bangladesh has granted approval for the implementation of the Hong Kong Convention on the safe recycling of ships and offshore assets. This landmark decision positions Bangladesh as the second sub-continent recycling destination, following India, to ratify the convention. Following extensive and sus

about 3 years ago
The Port of Québec
Transition

Port of Québec to serve as a developmental laboratory for clean technologies

The Port of Québec has entered into a partnership with 2 Degrés, a business incubator specializing in clean technologies. This two-year partnership fits within the Port of Québec’s Vision 2035, unveiled earlier this year, as the port sets sights on innovative solutions in several sectors, including

about 3 years ago
The SeaRAY AOPS (Courtesy of C-Power)
Transition

C-Power set to launch SeaRAY AOPS for ocean trials in Hawaii

US-based marine energy company C-Power has completed the preliminary trials of its SeaRAY autonomous offshore power system (AOPS), that will soon be deployed for a six-month pilot project at the US Navy’s Wave Energy Test Site (WETS) off the Hawaii coast.

about 3 years ago
Maersk
Transition

OCI to fuel Maersk’s 1st green methanol-powered feeder

Dutch producer and distributor of hydrogen-based products OCI Global is fueling the first-ever green methanol-powered container ship in a new partnership with A.P. Moller-Maersk. OCI revealed that it will provide ISCC-certified green biomethanol to power the maiden voyage of Maersk’s first methanol

about 3 years ago
CMA CGM Masai Mara
Transition

CMB: Retrofit of ammonia-ready CMA CGM Masai Mara will be easy

The world’s first ammonia-ready containership CMA CGM Masai Mara, which was recently delivered from Chinese shipbuilder Qingdao Shipyard, promises to revolutionize the container shipping industry as the vessel readies to use ammonia as a viable fuel source. The 5,900 TEU engineering marvel sets a tr

about 3 years ago
Johan Sverdup field in the North Sea; Credit: Lizette Bertelsen & Jonny Engelsvoll/Equinor
Transition

Speed and scale of ‘fragmented’ energy transition not up to par with net-zero by 2050 targets

Equinor outlines in its new report that the 1.5-degree goal set in the Paris Agreement is becoming increasingly difficult to achieve.

about 3 years ago
Huge potential puts Oman on track to become sixth-largest hydrogen exporter by 2030
Transition

Huge potential puts Oman on track to become sixth-largest hydrogen exporter by 2030

In a first-of-its-kind report, International Energy Agency (IEA) has presented how rich renewable resources and vast land expanses could make Oman a competitive low-emissions hydrogen supplier by 2030. The report called Renewable Hydrogen from Oman: A Producer Economy in Transition is the first IEA

about 3 years ago
Shipping
Transition

GCMD survey unveils decarbonization blind spots: Industry cannot decarbonize without conservatives

Singapore-based Global Centre for Maritime Decarbonization and Boston Consulting Group have revealed major insights from the Global Maritime Decarbonization Survey during a presentation held at Nor-Shipping 2023’s Tradewinds Ocean Stage. The survey sheds light on the current state of maritime decarb

about 3 years ago
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