557 results found for 'COP28'

557 results found for 'COP28'
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  • Egyptian President clears East Port Said container terminal 2 concession deal with Maersk

    1 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition

    Egyptian President Abdel Fattah El- Sisi signed the law of the concession for Container Terminal 2 in East Port Said Port to the Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s terminal brand APM Terminals. The contract includes financing, design, development, management, operation, maintenance, and re-delivery of the Container Terminal No. 2 […]

  • Lack of strong national policies on green fuels holds back investments in shipping infrastructure, report says

    15 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Transition

    A new report by the Tyndall Centre at the University of Manchester, which highlights the role of the shipping sector in transporting green fuels, is urging governments to create far stronger national policies on low-carbon fuels in order to bridge ‘a yawning gap’ between government-led projects and what is required. The report called “Shipping’s Role […]

  • Wood Mackenzie names ex-UN economist as head of carbon to spearhead energy transition services

    6 December 2021
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy, Transition

    Wood Mackenzie has appointed a previous UN economist as the head of its carbon team to help the firm’s customers navigate energy transition.

  • Wave Swell Energy embarks on €1.6M capital raise

    17 November 2021
    Business & Finance, Business Developments & Projects, Innovation, Market Outlooks, Outlook & Strategy, Technology

    Australian wave energy company Wave Swell Energy (WSE) has launched a capital raising round of Au$2.5 million (€1.6 million) to fund a technology enhancement program under its Bluefire project.

  • Japan’s shipping industry to invest $280 billion by 2050 to reach net-zero goal

    28 October 2021
    Authorities & Government, Collaboration, Transition

    The Japanese Shipowners’ Association (JSA) has revealed that the Japanese shipping industry will take on the challenge of reaching 2050 zero-carbon targets by investing around $280 billion in the shipping sector.

  • UK to loan $400M to GE for project offshore Ghana

    16 January 2017

    UK Export Finance (UKEF), a European export credit agency, will provide $400 million in support of a GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project. UKEF is supporting a GE Oil & Gas contract worth $850 million, which will in turn support jobs in the Aberdeen and Bristol areas. The contract for […]

  • Drewry: Dry Bulk Shipping Market to Stay on Growth Path

    3 May 2017
    Business & Finance

    The outlook for dry bulk shipping remains positive as the gap between supply and demand is set to continue shrinking over the next five years, while charter rates are expected to improve gradually, shipping consultancy Drewry informed. With high demolition activity and low deliveries the fleet would grow at a slow annual rate of 1% over […]

  • How is the transition to renewables faring in the midst of a global energy crisis?

    29 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Westwood Global Energy has done a deep dive into the impact of the energy crisis on the energy transition to a sustainable, green future.

  • Energy transition needs to be industrialised, says Siemens Energy VP for Western Europe

    20 December 2022
    Outlook & Strategy, Transition

    Governments need to move from talking about policies to implementation, the offshore wind industry needs to employ standardisation, and clear rules and regulations need to be set for green hydrogen in order to move faster with large-scale deployment and achieve meaningful progress in limiting global warming to 1.5 degrees Celsius. The recently held COP27 showed […]

  • Liverpool officials look to Far East for tidal barrage ideas

    17 May 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition, Vision

    Representatives of the Liverpool City Region Combined Authority (LCRCA) have embarked on a mission to South Korea, during which they will visit the Sihwa Tidal Power Plant near Seoul, the world’s largest tidal power plant in the world.

  • Liverpool eyes South Korean know-how on tidal range power projects

    7 December 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    Liverpool City Region has signed an agreement with Korea Water Resources Corporation (K-water) to cooperate and share lessons that could help the region develop the world’s largest tidal power scheme on the River Mersey.

  • Maersk: We need an end date for fossil fuels in shipping

    11 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The only way to lower greenhouse gas emissions in shipping and entice companies to set zero-emission targets in the sector is by setting an end date for fossil fuels in the shipping industry through a global regulation, Maersk’s Chief Advisor for Green Transition Concepción Boo Arias said. “It is very important to get the right […]

  • Port of Long Beach joins world’s 1st transpacific green shipping corridor

    10 June 2022
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    The US Port of Long Beach has signed on to the Shanghai-Los Angeles green shipping corridor, a partnership of C40 Cities, ports, shipping companies and cargo owners convened to create a zero-emissions trans-Pacific trade route.

  • EMEC named blue economy enterprise of the year

    19 November 2021
    Business Developments & Projects, Innovation, Outlook & Strategy

    The European Marine Energy Centre (EMEC) has been named Blue Economy Enterprise of the Year having won the Rural Blue Award at The SHIREs (Scottish Highlands and Islands Rural Economy) Awards.

  • Now is a great time to invest in maritime workforce of the future

    5 November 2021
    Authorities & Government, Human Capital, Outlook & Strategy, Regulation & Policy, Transition

    There is a burning need for maritime professionals to receive training in environmentally friendly skills and technologies, second engineer Allan Dickson told the Maritime Skills Commission (MSC) Green Skills Forum at COP26 in Glasgow.

  • North Atlantic’s 1st green shipping corridor in the making

    5 November 2021
    Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Transition

    At the 26th Conference of the Parties (COP26) on climate change, the Dutch Port of Antwerp and the Canadian Port of Montreal have signed a cooperation agreement to support the creation of the first green shipping corridor in the North Atlantic.

  • Canada eyeing green shipping corridor in the Great Lakes

    5 April 2022
    Authorities & Government, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition, Vision

    Members of Canada’s Chamber of Marine Commerce (CMC) are looking to explore the potential for a multi-stakeholder initiative to establish a new Canadian Green Shipping Corridor in the Great Lakes – St. Lawrence waterway.

  • Port of Zeebrugge boosts green energy with new wind farm

    30 December 2021
    Business Developments & Projects, Outlook & Strategy, Ports & Logistics, Transition

    The Belgian Port of Zeebrugge, one of Western Europe’s important energy hubs, has welcomed the new wind farm consisting of five wind turbines as a part of the “clean port strategy”.

  • Canada embarks on Green Shipping Corridor Program to help cut shipping pollution

    4 December 2023
    Authorities & Government, Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vessels, Vision

    The Canadian government is launching a new program that will establish green shipping corridors and help decarbonize the marine sector in major shipping areas along the Great Lakes, the St. Lawrence Seaway, and Canada’s east and west coasts.

  • HMM splashes $1.12 bln on 9 methanol-fuelled containerships

    14 February 2023
    Business & Finance, Business Developments & Projects, Green Marine, Transition, Vessels

    South Korean shipping company HMM has signed newbuilding contracts with compatriot Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. The company confirmed to our newsdesk that it was looking into ordering methanol-powered vessels in December 2022. The move is being pursued as […]

  • Oil and gas bosses declare action on climate change

    16 October 2015

    The chief executive officers of 10 of the world’s largest oil and gas companies today declared their collective support for an effective climate change agreement to be reached at next month’s 21st session of the United Nations (UN) Conference of Parties to the UN Framework on Climate Change (COP21). In their declaration, the CEOs of […]

  • Portugal and Japan deepen marine energy ties to advance energy transition

    18 November 2021
    Authorities & Government, Business Developments & Projects, Collaboration, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    A special online conference has been organized by Portugal’s leading marine energy R&D centre, WavEC Offshore Renewables, to provide a platform for Japanese energy firms, institutions and government officials to uncover key marine renewable energy opportunities in the region.

  • UK includes ship, plane emissions in carbon budget for 1st time

    20 April 2021
    Authorities & Government, Environment, Regulation & Policy, Transition

    The UK has decided to include its share of international shipping and aviation emissions in its sixth Carbon Budget – an important part of the government’s decarbonisation efforts that will allow for these emissions to be accounted for consistently.

  • Maersk: Shipping Must Raise Its Game to Cut Pollution

    15 November 2017
    Business & Finance, Rules & Regulation

    The shipping industry must take responsibility for its fair share of carbon emissions in order to tackle climate change, according to global transportation conglomerate A.P. Moller – Maersk. “Raising the ambition for global regulation remains crucial to ensure shipping’s contribution to reach the Paris Agreement’s goal of staying below 2°C temperature rise,” John Kornerup Bang, […]

  • Atmocean to retry wave energy system deployment next week

    19 June 2015
    Environment, Operations & Maintenance, Research & Development, Technology

    Atmocean, a US wave energy developer, plans to retry the deployment of its wave energy system off Peru later next week. The demonstration system will produce fresh water from salt water without producing electricity due to inexpensive Peruvian energy market. Following the unsuccessful deployment attempt on June 10, Atmocean has confirmed to Tidal Energy Today […]