In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to … Read More

MMA Offshore vessel to feature battery tech for lower carbon footprint

Marine services provider MMA Offshore has revealed a number of contracts including the long-term contract for the MMA Cove vessel to be equipped with battery technology for a lower carbon footprint. Specifically, the Australian company secured a contract with its … Read More

Middle East facing uphill battle to meet net-zero, S&P Global Platts says

S&P Global Platts Analytics, a provider of commodities and energy information, expects the Middle East to struggle in its quest to reach the previously announced net-zero targets as emissions from the oil and gas industry are expected to climb for years, … Read More

In focus: Getting to net-zero emissions and low-carbon economy

The recently held 2021 United Nations Climate Change Conference (COP26) brought to light many questions surrounding the transition to a more sustainable future, but more importantly the event showed that countries worldwide are committed to accelerate their decarbonisation plans, strengthening … Read More

KCC to boost green initiatives with multi-million dollar private placement

Klaveness Combination Carriers ASA (KCC), part of Norwegian shipping company Torvald Klaveness, has completed an equity private placement with gross proceeds of NOK 213 million (approximately $25 million) to fund energy efficiency initiatives on its current fleet. As informed, the … Read More

ADC spots rig upgrade for significant carbon footprint reduction

A specialist provider of dynamic integrated rig inspections, ADC Energy, has revealed its discovery of an upgrade to dynamically positioned (DP) rigs power systems, which can reduce carbon emissions by almost 5,000 tonnes per annum. The company announced the completion of … Read More

New decarbonisation project to explore hydrogen potential at Immingham Port

UK-based trading company Toyota Tsusho UK (TTUK), along with Uniper, Siemens Energy UK&I and Associated British Ports (ABP), has launched a feasibility study on the decarbonisation potential of hydrogen at the UK’s Port of Immingham. At the Port of Immingham, … Read More

Scotland to launch offshore wind tender dedicated to oil & gas decarbonisation

Crown Estate Scotland, which is currently reviewing the ScotWind Leasing Round applications, will open a new leasing process early next year, dedicated specifically to offshore wind projects which support the decarbonisation of the oil and gas sector, and to small-scale … Read More

In focus: New clean fuel-powered vessels coming to market as investments in renewables and decarbonisation continue

Energy transition developments have not hit the pause button amid the summer vacation season and new updates on investments in renewable energy, decarbonisation, and moving away from fossil fuels continued filling our headlines this week, with all of these efforts … Read More

PortMiami terminals to be “shore power ready” by fall 2023

After signing a partnership agreement with six major cruise lines to bring shore power to PortMiami, Miami-Dade County has announced that the Floridian port will be “shore power ready” by fall 2023. As disclosed, the Royal Caribbean’s Terminal A and … Read More