EU FUNDING FOR CO2 EXPORT HUB AND LIQUEFACTION PLANT AT ANTWERP
Efforts are continuing to build the infrastructure required for the transport and export of CO2 as part of the broader schemes for the capture, storage, or re-use of carbon emissions. The EU Commission announced...
HELLENIC CABLES TO INTERCONNECT TWO GREEK ISLANDS
Hellenic Cables, the cables segment of Cenergy Holdings, has been hired by the Greek Independent Power Transmission Operator (IPTO) to deliver the electrical interconnection between Ionian islands of Kyllini and Zakynthos.
According to Hellenic Cables,...
KSOE BIDS TO ACQUIRE MARINE ENGINE MANUFACTURER STX
One of the final pieces of the former STX group is going up for sale in South Korea and in a surprise move, Korea Shipbuilding & Offshore Engineering (KSOE) announced that it is among...
EMISSIONS CAN BE CUT BY 97.5% BY SWITCHING TO FOILING ELECTRIC VESSELS
A study from The Royal Institute of Technology in Stockholm says emissions from ships could be reduced by 97.5% by switching from diesel vessels to a new type of electric hydrofoil ship that will...
SHELL AND MITSUBISHI TO BUILD DUTCH WIND FARM WITH ECOLOGICAL ELEMENTS
A consortium of Shell and Eneco, a division of Mitsubishi, won the tender to develop the Netherlands’ next offshore wind farm in an area known as Hollandse Kust (west) located more than 30 miles...
IMO FAILS TO ADOPT MORE AMBITIOUS 2050 TARGET
The IMO failed to adopt a concrete shipping decarbonisation target for shipping this week following the Marine Environment Protection Committee (MEPC 79) meeting that ended earlier today.
The support from the member countries for eliminating...
NEW ZEALAND EXPLORES OFFSHORE RENEWABLE ENERGY DEVELOPMENT
The government of New Zealand is seeking public feedback on proposals for the development of offshore renewable energy capacity in the country. The proposals were developed by the Ministry of Business, Innovation and Employment...
MAERSK AND SUNGAS RENEWABLES FORM GREEN METHANOL PARTNERSHIP
Danish shipping and logistics giant A.P. Moller – Maersk has signed a Letter of Intent (LoI) with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, to form strategic green methanol partnership as part...
MAERSK EXPLORING LARGE-SCALE GREEN FUELS PRODUCTION IN SPAIN
Danish shipping and logistics giant A.P. Moller – Maersk has signed a general protocol for collaboration with the Spanish government to explore the opportunities for large-scale green fuels production in Spain.
The signing of the...
WILLINGNESS TO PAY A PREMIUM FOR ZERO-CARBON SHIPPING
Safety4Sea reports that The Boston Consulting Group (BCG) surveyed 125 ocean carriers to gauge their willingness to pay a premium for carbon-neutral shipping. Their answers present challenges and opportunities for the shipping industry.
“82% of...