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Akzo Nobel: More than 10,000 vessels face being scrapped within three years after ‘pivotal’ IMO shipping announcement

Shipowners face an ultimatum this year – upgrade their Carbon Intensity Indicator (CII) technology to comply with new laws or scrap their vessel. CII data from the previous year must have been calculated and reported to the Data Collection System (DCS) verifier and sent by March 21, 2024 and 30% of ships simply don’t have …

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From heavy industries to high-tech: HD Hyundai turns the page

In an increasingly complex world with multiple challenges, HD Hyundai has decided to transform from a shipbuilder to a high-tech-focused “future builder” company developing solutions for decarbonization and digitalization. When Hyundai Heavy Industries Group changed its name to HD Hyundai in December 2022 in the context of its 50th anniversary celebrations, the intention was to …

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Political uncertainty in the Netherlands to slow green synthetic fuel transition in shipping and aviation

Energy and Climate Minister Rob Jetten had just revealed the draft version of the National Plan Energy (NPE) before the Dutch cabinet collapsed. The plan aims to better understand how the Netherlands can transition to net zero by 2050. Synthetic fuel is a vital ingredient of a net zero economy, particularly in aviation and shipping. …

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Sparrows lands crane replacement deal for four offshore platforms

Engineering and maintenance services specialist Sparrows Group has secured a long-term crane replacement contract with an undisclosed player in the Middle East. Sparrows Group The scope of work for the project, which is worth $13 million and expected to take 18 months, will see Sparrows complete all aspects of the engineering required to replace four …

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RHC highlights key measures needed to unleash investor confidence in hydrogen-powered vessels

In the race to achieve net-zero emissions, the maritime sector is turning its attention to hydrogen fuel as a potential game-changer. FPS Waal. Source: Holland Shipyards Group Hydrogen has uses as a direct fuel in both gaseous or potentially liquid form, and also as a feedstock for liquid hydrogen carriers such as ammonia or methanol. …

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Masdar and Inpex ally on e-methane production using green H2 and CO2

Abu Dhabi Future Energy Company PJSC – Masdar and Japan’s Inpex Corporation have signed a collaboration agreement to conduct a joint study aimed at realizing the production of synthetic methane (e-methane) using green hydrogen and CO2. The execution of the agreement was announced during the Japan-UAE business forum in Abu Dhabi. According to Inpex, the …

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First OTEC project in São Tomé and Príncipe moves forward

The United Nations Industrial Development Organisation (UNIDO) has taken a step forward in the development of the first floating ocean thermal energy conversion (OTEC) platform in São Tomé and Príncipe by hiring a Portuguese consultancy AQUALOGUS Engenharia e Ambiente for environmental and social impact assessment. Global OTEC’s 1.5MW floating OTEC platform named Dominique (Courtesy of …

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