Eleven states from across the globe are partnering in the International Maritime Organization (IMO)-Norway GreenVoyage2050 project, which is supporting the path to decarbonization in the shipping sector.
Japanese shipping solutions provider e5 Lab Inc. has established Marindows Inc. in an effort to bring advanced information technology (IT) to Japan’s maritime industry.
Swedish financial services group SEB has joined the Responsible Ship Recycling Standards (RSRS), a joint bank initiative for ensuring environmentally and socially responsible dismantling and recycling of ships.
Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK.
Ireland-Wales Greenlink electricity interconnector has secured consent for a marine licence from Natural Resources Wales (NRW). The marine licence covers installation of the marine cable in UK waters. Greenlink said the approval by NRW is a major milestone and joins the onshore planning consents gra
SEA-LNG, the industry coalition which promotes LNG as a marine fuel, states that blending bio -LNG with LNG as a marine fuel extends the vessel’s eligibility for funding under Poseidon Principles.
The Maritime and Port Authority of Singapore (MPA) and Norwegian fertilizer company Yara International ASA have joined the ammonia-fuelled tanker project launched a year ago.
Australia has become the latest member of the Global Ocean Alliance, a 39-country strong initiative calling for at least 30 per cent of the world’s oceans to be protected as marine protected areas (MPAs) by 2030.
Ecospray has chosen relayr to create new IoT-based desulphurization solutions, driving the maritime industry towards an increasingly digital future.
Oil and gas companies in Norway have increased their 2021 investment plans in recent months, but still plan to spend less than last year and to reduce spending in 2022, the national statistics office (SSB) survey said.
Oil major BP is launching a first-ever share award scheme to more than 60,000 employees as the company continues transitioning towards a greener future.
Classification society RINA and the Shanghai Merchant Ship Design & Research Institute (SDARI) have signed a joint development project agreement to develop a ship design capable of being fuelled by either ammonia or methanol.
State-owned oil companies could waste around $400 billion on investments in the next decade on new oil projects that will struggle to turn a profit as the world shifts away from fossil fuels, NRGI said in its latest research.
Norwegian fertilizer company Yara International ASA revealed it is taking further steps to enable the hydrogen economy by establishing a new global unit – Yara Clean Ammonia.
