IOG has kicked off the first production at its Saturn Banks Project – Phase 1, located in the UK North Sea.
The Asian Shipowners’ Association (ASA) has expressed its support for industry efforts to reduce emissions from international shipping reiterating the importance of research and development (R&D) funding to achieve net-zero targets.
Germany-based multipurpose shipping company United Heavy Lift (UHL) prefers methanol as marine fuel for its future fleet of vessels, Andreas Rolner, Managing Director of the company revealed in the HANSA podcast.
Energy and marine consultancy AqualisBraemar LOC (ABL) has developed a software that allows ports and harbours to track their emission profiles, calculate the cost of their carbon footprint and identify a roadmap ahead for sustainable development.
The U.S. Department of Energy (DOE) has outlined research priorities for marine energy through to 2030 in its first multi-year program plan for the sector.
Six Japanese companies have decided to form a strategic alliance aimed at reducing environmental impact through the development of the country’s first methanol-fueled tanker.
Danish container shipping and logistics giant Maersk has signed several separate deals to secure green fuel supply for its fleet of twelve new methanol-powered vessels.
The UK government is planning to invest £4 billion (approximately $5.3 billion) in the country’s regional shipbuilding industry as it prepares to publish refreshed National Shipbuilding Strategy (NSbS).
U.S. Energy Secretary Jennifer Granholm has urged the oil and gas companies to increase their oil and gas production to stabilise the market.
Chinese Dalian Shipbuilding Industry has ordered two ME-GI dual-fuel engines from German MAN Energy Solution for the construction of two liquid CO2 carriers for Northern Lights, the joint venture between energy majors Equinor, Shell and TotalEnergies.
Technology company ZeroNorth — a digital spin-off of Maersk Tankers — has revealed that its platform prevented 218,000 tonnes of CO2 from being emitted into the atmosphere in 2021, at a time when shipping’s emissions as a whole increased by 4.9%.
Industry partners Shif Clean Energy, SeaTech and energy company Vitol have teamed up for a marine electrification project to deliver Singapore’s first hybrid bunker tankers.
Germany’s Meyer Group, a shipbuilding consortium comprising three shipyards in Europe, has joined forces with Admares Marine, a Finnish floating real estate company, to form a joint venture.
The European Commission has proposed an outline of a plan, which is supposed to make Europe independent from Russian fossil fuels.
