News

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has secured funding to initiate first of its kind Book & Claim System for shipping. The system would provide means for shipping groups, both on a...

Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally...

The German Federal Network Agency (BNetzA) has exempted Stade’s Hanseatic Energy Hub LNG terminal from tariff and network access regulation for 25 years, enabling the planned construction of the terminal to start earlier...

Swiss Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, has joined over 150 stakeholders in signing on to the UN Global Compact Sustainable Ocean Principles...

Only 33 out of 94 (35%) of the world’s major shipping companies have a clearly expressed target to be net zero by latest 2050 or have committed to IMO targets of 50% absolute reduction in 2050 compared to the 2008 level, a...

Enova, a Norwegian government enterprise, is supporting five new shore power projects in the country with NOK 34 million (about $3.4 million). The funding is a result of Enova’s 13th call for investment support for...

Denmark-headquartered Maersk Supply Service has revealed that one of its anchor handling tug supply (AHTS) vessels, which is believed to be the world’s first hybrid-electric anchor handler, has completed sea trials offshore...

Japanese companies INPEX Corporation, IHI Corporation and Mitsui O.S.K. Lines (MOL) have demonstrated a clean ammonia supply chain linking the United Arab Emirates (UAE) and Japan. The clean ammonia used for the...

Switzerland-based technology company ABB has been contracted by power generation products manufacturer Japanese IHI Power Systems to provide propulsion solution for the electric tug for the ports of Tokyo Bay. The...