Cédric Rosemont, newly appointed CEO of Traxens, explains in an interview how smart containers can help shipping become greener.
The number of wind-installed vessels is set to double in the next twelve months, according to estimates from the International Windship Association (IWSA). At the moment, the wind-assisted cargo capacity is standing at 1.4 million dwt with 22 large ships installed, 2 wind-ready ships, and a further
Adopting tidal power alongside other forms of renewable energy can significantly enhance energy security and go some way to enabling communities to fulfil their clean energy ambitions, a new study has shown.
Hydrogen production capacity is estimated to reach 4.5 million tons per annum (mtpa) worldwide by the end of 2023 despite the slowing global economy, representing 165% growth compared to 2022, according to a report by data and analytics company GlobalData. GlobalData’s recent publication called “Hyd
Dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into an agreement to acquire six 208,000 dwt vessels equipped with exhaust gas cleaning systems (scrubbers) for a total of $291 million. GOGL said that the newly-acquired vessels will be chartered back to their former owner, the
As the world faces new challenges in 2023, offshore energy industries are making new plans to deliver on the net-zero target. In addition to marine energy, the fast-growing offshore wind sector is also finding its place among oil and gas players. Example number one: SSE Renewables and Equinor, the d
Offshore supply vessel Aurora Storm has left the Danish Port of Esbjerg towards the site of Project Greensand, allowing commissioning tests to soon begin at Denmark’s first CO2 storage project. According to the latest update from the project developer, Aurora Storm left the harbor in Esbjerg towards
Chevron Australia, an affiliate of US-based energy giant Chevron, has committed a combined A$38 million (around US$26.5 million) to contribute to carbon capture and storage (CCS) research projects in Western Australia and Victoria. The contribution aims to advance knowledge of the critical emissions
Global towage operator Svitzer, a part of A.P. Moller-Maersk, has appointed Australia Chief Commercial Officer Ivan Spanjic as Global Head of Green Ports. The company created the role recently to focus on unlocking value for partners across the marine supply chain, as the demand for green ports and
Finland’s government has adopted a resolution on hydrogen in which it describes the countries’ objectives regarding hydrogen and the measures to promote them. According to the government, Finland’s goal is to become the European leader in the hydrogen economy in the entire value chain, and it has th
Classification society DNV has awarded an Approval in Principle (AiP) to Michelin for their WISAMO wing sail system. DNV said that this was the first AiP to have been awarded to an inflatable wing sail design. The wing prototype with a surface area of 100 sqm is being installed on Compagnie Maritime
Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships. The Memorandum of Understanding (MoU) was signed earlier today by representatives of Gyeongju city, the Gyeongbuk Province, Korea Atomic Energy Research Institute, th
With legal action over climate risk looming on the horizon, Shell denies allegations made against its board, vowing to oppose the derivate claim application.
Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.
