Equinor and partners have decided in favour of Troll West electrification and are submitting the plan for development and operation.
On 23 April 2021, Japan’s Mitsui & Co., Ltd. became a strategic partner of the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping (MMMCZCS), a not-for-profit international research and development center dedicated to the decarbonization of the shipping industry.
Norwegian companies Ocean Sun and Marine Water Production (MWP) have joined forces to produce fresh water through desalination using offshore floating solar technology.
Canadian ferry operator BC Ferries has marked Earth Day on 22 April with the launch of its sixth battery electric- hybrid Island-class ferry.
The Mauritius Commercial Bank (MCB) is facilitating Senegal’s transition to LNG for its electricity production through its $60 million participation in Karpowership operations.
Australia, the world’s largest exporter of dry bulk commodities, is charting its path toward becoming carbon-neutral in line with the Paris Agreement goals. The country started hinting that it would join the global pledge on becoming a net-zero emitter by 2050 earlier this year, however, clear steps
Ocean Power Technologies (OPT) has deployed its PB3 PowerBuoy for Enel Green Power (EGP) off the coast of Las Cruces in Chile to support the country’s transition to clean energy.
Project capacity under construction in the UK increased by over 60 per cent from 4.4 GW in 2019 to 7.2 GW in 2020, the latter being almost 70 per cent of the existing operational fleet, according to the Crown Estate’s 2020 Offshore Wind Operational Report. The offshore wind capacity under constructi
Norway-based shipping firm Avance Gas Holding has increased its dual-fuel VLGC newbuilding program from four to six 91,000 cbm vessels. The order comes just a few months after the most recent fleet addition deal announced back in January. The latest two newbuilds will also be built by South Korean m
Dutch transportation company Samskip has increased its commitment to greener shipping through a new formal agreement with sustainable cargo initiative GoodShipping to run part of its fleet on marine biofuels and significantly reduce carbon footprint.
The use of fossil fuels in the shipping industry will need to be banned in the latter half of the decade if the industry is to meet its decarbonization efforts, a study by MAN Energy Solutions shows. The study, carried out in partnership with the Fraunhofer Institute for Systems and Innovation Resea
Russian gas company Gazprom plans to grow its hydrogen production and use and is considering several areas for utilising hydrogen as an energy source.
Belgium’s tanker shipping company Euronav NV has confirmed that it signed contracts for the construction of two very large crude carriers (VLCCs) with South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI).
Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.
