February 14, 2025, by Naida Hakirevic Prevljak Japanese shipping major Mitsui O.S.K. Lines (MOL) has invested in California-based Twelve Benefit Corporation, a company developing synthetic fuels (e-fuels) and chemicals, contributing to the global expansion of clean fuels. Illustration. Courtesy of MOL Twelve raised an additional $83 million this February, following the momentum of its $645 […]
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Home Offshore Wind New York greenlights Equinor’s Empire Wind 1 transmission facilities February 14, 2025, by Adnan Memija Equinor has been granted approval by the New York State Public Service Commission (NYPSC) to build and operate offshore and onshore transmission facilities for the 816 MW Empire Wind 1 offshore wind project. The overall transmission line
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Home Green Marine Construction of LNG dual-fuel 10,800 CEU car carriers begins in China February 14, 2025, by Ajsa Habibic Guangzhou Shipyard International (GSI), part of China State Shipbuilding Corporation (CSSC), has started the construction of the first LNG dual-fuel car carrier for South Korean shipping giant HMM. Courtesy of GSI The construction of the
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Home Subsea OEUK pushes for UK carbon capture funding amid budget concerns February 14, 2025, by Zerina Maksumic Britain’s trade body for the offshore energy industry Offshore Energies UK (OEUK) has urged the UK government to stay committed to supporting additional carbon capture, usage, and storage (CCUS) projects as concerns mount over potential funding cuts
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Home Green Marine Wallenius Wilhelmsen rolls out net zero-aligned sustainable financing framework February 14, 2025, by Naida Hakirevic Prevljak Norwegian roll-on/roll-off (RoRo) shipping and logistics company Wallenius Wilhelmsen has launched a sustainable framework promoting green financing practices. Courtesy of Wallenius Wilhelmsen Back in 2022, the company introduced its first sustainability-linked financing framework, aiming to reduce
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Home Clean Fuel Evergreen splashes out $3 billion on new LNG dual-fuel containerships February 13, 2025, by Ajsa Habibic Taiwanese container shipping company Evergreen Marine Corporation has placed an order worth around $3 billion for new LNG dual-fuel containerships at South Korean and Chinese shipyards. Evergreen’s Ever Acme. Image credit Hudong-Zhonghua Shipbuilding According to the company’s
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