Spanish shipping company Baleària has signed the first sustainable financing agreement in the Spanish shipping sector with a green loan of EUR 80 million (about $88.4 million).
The UK Government has set aside €12.2 million (£10 million) for energy entrepreneurs developing innovative green technologies that can help cut UK’s reliance on expensive fossil fuels.
Swedish shipping company Erik Thun Group has decided to order a new dual-fuel tanker in China.
Monaco-based tanker operator Scorpio Tankers has entered into a memorandum of understanding with Californian company Carbon Ridge to collaborate on the development of onboard carbon capture for maritime vessels.
ABB has secured a deal with Aibel for the provision of power from shore technology to the Equinor-operated North Sea field.
Value Maritime and Carbon Collectors will together perform a conceptual design study for a new fleet of tugs to be built by the latter.
New South Wales will be home to the world’s first 100 percent renewable energy shore powered shipping precinct, at the Bays Port in the heart of Sydney.
The government of the Canadian province of Nova Scotia has introduced amendments to the Marine Renewable-energy Act that will improve the regulatory framework for the tidal energy industry.
U.S. offshore safety regulator is getting a new director whose service record is seen as an asset in spearheading the switch to clean energy.
In the light of Russia’s attack on Ukraine, Europe has intensified efforts on all fronts to ensure its energy security and shift away from global dominance of fossil fuels.
Spanish ferry operator Baleària has reiterated its commitment to cleaner energies as it aims to become carbon neutral by 2050.
The U.S. will supply 15 bcm of LNG to the EU this year to strengthen European energy security and reduce reliance on Russian energy.
The board of directors of Saipem has approved a rescue plan to strengthen the company’s financial and capital structure.
Governments need to support the maritime industry’s actions toward a net-zero future, according to Christopher J. Wiernicki, ABS Chairman, President and CEO.
