The Port of Rotterdam has entered into a new agreement with oil refiner and supplier VARO Energy Group to optimize fuel and energy practices. VARO has emerged as the winner of the port’s tender process for the cleanest usable energy carrier. Port of Rotterdam The port has been using VARO’s …

The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping industry by 2050 and aims to …

Singaporean shipbuilding group Seatrium has secured a turnkey carbon capture and storage (CCS) retrofit contract from Norwegian shipowner Solvang ASA. Photo credit: Solvang ASA, Norway This pioneering initiative involves the retrofitting of a 7MW Wärtsilä CCS system onto Solvang’s ethylene carrier, the Clipper Eris. The system is expected to capture …

Yara Clean Ammonia, North Sea Container Line, and Yara International have partnered with CMB.TECH to place a shipbuilding order for the world’s first ammonia-powered containership, Yara Eyde. Yara Eyde. Courtesy of CMB.TECH CMB.TECH revealed the order on February 14, stating that the 1,400 TEU ice-class containership will be built at …

The Offshore Energy Exhibition & Conference 2023 (OEEC 2023) was a great opportunity to get to know innovators and their innovative solutions from the offshore energy realm. Start-ups and firms FLASC, Flying Fish, Heerema Engineering Solutions, Next Ocean, Tree Composites, NIM, V-Lab, and Breman Innovation pitched their innovative technologies to professionals, companies …

Greek shipowner Diana Shipping is doubling down on its commitment to methanol as part of its fleet renewal investments. Illustration; Image credit: Tsuneishi Shipbuilding The company revealed on Wednesday that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel Kamsarmax dry bulk vessels, worth $46 million each. …

Italian shipbuilder Fincantieri has delivered Sun Princess, the first of two liquefied natural gas (LNG) cruise ships for Princess Cruises. Fincantieri As disclosed, the cruise ship was delivered at Monfalcone shipyard on February 14. The vessel will remain at the Monfalcone yard for additional technical works, according to Fincantieri. Sun …

Technology group Wärtsilä and more than 200 Finnish companies, industrial organizations, research institutes, and universities have formed a consortium to develop autonomous zero-emission balancing solutions for power generation. Courtesy of Wärtsilä Corporation Wärtsilä will lead this five-year collaboration known as the “Wide & Intelligent Sustainable Energy” (WISE) project which intends …

U.S. energy major New Fortress Energy (NFE) has completed the sale of its 20% equity interest in Energos Infrastructure to funds managed by alternative asset manager Apollo Funds. Energos Grand. Archive; Courtesy of Energos Infrastructure NFE said the company intends to use net proceeds from this transaction for general corporate …

The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its color, according to Wood Mackenzie’s (WoodMac’s) Horizons report ‘Over the rainbow: Why understanding full value-chain carbon intensity is trumping the color of hydrogen.’ Blue …