In its latest white paper “Biofuels in shipping,” classification society DNV has reported that the flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonisation while maintaining operational efficiency. However, the current limitations in production capac
New York-listed product and chemical tanker company Ardmore Shipping Corporation has ordered Value Maritime’s (VM) carbon capture-ready Filtree systems. for additional three MR Tankers Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon captur
Dutch province of Friesland has made available €1.2 million for scaling up the Blue Energy project, which generates clean electricity through the osmosis process.
Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.
Akuo has commissioned a new 8.7MWp floating solar power plant in Cintegabelle, near Toulouse in southern France.
PXGEO and Saab have developed what is said to be a next-generation ocean bottom node (OBN) handling system in a push to make offshore seismic data acquisition fully autonomous. According to the partners, the next-generation MantaRay OBN handling system uses hovering autonomous underwater vehicles (H
Mitsubishi Shipbuilding Co., part of the Japanese major Mitsubishi Heavy Industries (MHI) Group, will conduct technical studies on an ammonia fuel supply system for large, low-speed two-stroke marine engines which are being developed by Swiss marine engine maker Winterthur Gas & Diesel AG (WinGD). T
Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca
As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t
Singapore-based ship owner and operator BW Epic Kosan has secured its first sustainability-linked loan, valued at up to $140 million. The company plans to use the loan to refinance 19 vessels, while an additional acquisition line of $20 million will support potential growth opportunities. The loan i
Developers of the FAB interconnector that will link Great Britain and France are planning to submit an updated planning application regarding the project’s converter station in the UK. FAB Link Limited and Réseau de Transport d’Électricité (RTE) have amended the design of the project from a capacity
Earthjustice sees CCS as a lifeline that the fossil fuels industry can grab to extend the oil and gas industry’s reign on the energy throne.
Newfoundland and Labrador-based renewable energy company World Energy GH2 Inc. has acquired the Port of Stephenville, located on the West coast of Newfoundland, Canada. The port is a critical piece of infrastructure as World Energy GH2 works to advance green energy projects in Atlantic Canada which
The Irish Department of the Environment, Climate and Communications and the German Federal Research Ministry have signed a Joint Declaration of Intent (JDoI) on cooperation in the field of green hydrogen. The Irish Department said that realising the full potential of offshore renewable energy resour
