In its first environmental, social, and governance (ESG) strategy, Finnish shipping company ESL Shipping has revealed its target to achieve net zero CO2 operations by 2050.
NovaAlgoma Cement Carriers (NACC), a cement shipping joint venture between Luxembourg’s Nova Marine and Canada’s Algoma Central Corporation, has doubled its investment in JT Cement by acquiring an additional 25% of its share equity from KGJ Cement Holdings AS.
Tractebel and partner companies have developed what they describe as the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns. The design study, unveiled by Tractebel Overdick GmbH, is said to outline an innovative solution for large
Swiss marine engine technology developer WinGD has opened a new test centre in Shanghai, China, as the company continues to invest in its R&D infrastructure.
North Star, the UK’s largest ship operator servicing the oil and gas industry, has kick-started its ambitious fleet decarbonisation plans with an in-depth sustainability study across its 44 offshore infrastructure support vessels.
The Swedish Energy Agency has approved the partial funding of the collaborative project CinfraCap, bringing the region a step closer to a carbon capture infrastructure at the Port of Gothenburg.
The US ports of Seattle, Tacoma, and the combined container operations of The Northwest Seaport Alliance (NWSA) have adopted near-term implementation plans that will enable each port to identify, prioritize, and focus resources on actions that help achieve their collective zero-emission vision.
The European Marine Energy Centre (EMEC), a world-leading test facility for marine energy, has scooped the ‘Champion of Renewables’ award at this year’s Scottish Green Energy Awards.
California’s continued push to rapidly adopt offshore wind signals a glowing opportunity for wave energy technology as a complementary power partner to accelerate the mission to net-zero, according to Swedish company CorPower Ocean.
Wärtsilä Voyage, part of Finnish technology company Wärtsilä, has signed a memorandum of understanding (MOU) with the China Classification Society (CCS) and Tianjin Port to advance China’s intelligent vessel technology and deploy next-generation tugboat technology at one of the busiest ports in the
The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of the shipping sector.
The Technical University of Denmark (DTU) and Aarhus University (AU) have teamed up on a research project that aims to optimise the efficiency of Crestwing’s wave energy converter.
The European Investment Bank (EIB) has granted a €200 million loan facility to Nexans to support its role in the world’s energy transition and commitment to contribute to carbon neutrality by 2030.
Danish company Floating Power Plant (FPP) has signed an agreement with the Oceanic Platform of the Canary Islands (PLOCAN) to test its 5MW hybrid floating wind and wave energy platform off the coast of Gran Canaria.
