German Mechanical Engineering Industry Association (VDMA) and German Shipbuilding and Ocean Industries Association (VSM) have presented a power-to-X (PtX) roadmap for the maritime energy transition.
WoodMac: As plans for renewables stall, Asia’s decarbonisation ambition does not match reality amid rising coal demand and high gas prices.
On 14 July 2022, the Sustainable Shipping Initiative (SSI) and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center) formalized their collaboration by signing a knowledge partnership agreement, committing to a long-term strategic partnership to accelerate the maritime industry’s decarb
Worley, Mitsubishi Heavy Industries Group and Tecnicas Reunidas will be pooling resources for SSE Thermal and Equinor’s project in Peterhead.
Instead of the anticipated ramp-up of green investments, WoodMac, points out that pure oil plays still trump low-carbon diversification.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has signed a memorandum of understanding (MOU) with the UAE-based aluminium producer Emirates Global Aluminium (EGA) to cooperate on research and pilot projects to decarbonise bulk cargo shipping.
Due to the current energy security concerns, TAQA has decided to keep its entire oil & gas portfolio, except for its Dutch upstream assets.
Saipem’s first sustainability plan, combining business and financial objectives with ESG criteria, has been approved.
The renewable energy sector has called on the EU Member States to support the creation of an installation target for innovative renewable energy in the Renewable Energy Directive.
Core Power has presented a clean fuel solution for the planned Atlantic green shipping corridor.
Striving to maintain its position as one of the leading sustainable shipping nations, Norway is investing heavily in hydrogen projects within the maritime sector.
IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.
Clean Shipping Act of 2022, the first stand-alone legislation to zero out pollution from all ocean shipping companies that do business with the United States, has been introduced to the US Congress. The bill was introduced by congressman Alan Lowenthal, who represents the Port of Long Beach, and co-
Santos has awarded a deal for its carbon capture and storage (CCS) project at a gas and condensate field in the Timor Sea to Worley.
