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Offshore wind could grow 56-fold by 2050 and significantly contribute to green hydrogen production, DNV’s new report says

Offshore wind capacity could grow 56-fold until 2050, driven by a growing need for decarbonisation and energy security, and decreasing costs. Regarding the latter, bottom-fixed and floating offshore wind levelised costs of energy (LCoE) are forecast to drop by 39 per cent and 84 per cent, respectively, according to the new Energy Transition Outlook from …

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ZeroNorth: The shipping industry cannot take decisions in isolation anymore

The shipping industry cannot take decisions in isolation anymore and must understand the true impact of decision-making, according to ZeroNorth, a Denmark-based digital company that aims to accelerate maritime decarbonisation. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Premium content Subscribe to continue Become a PREMIUM Subscriber …

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Italian energy majors win EU funding for green hydrogen projects

Two projects by Italian multinational corporations Enel Green Power and Eni for the development of green hydrogen through electrolyzers fueled by renewable energy will receive public funding approved under European Union’s (EU) IPCEI Hy2Use. The IPCEI Hy2Use is a project of common European interest aimed at supporting research and innovation and the construction of related …

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MOREnergy Lab launches open access tool for offshore renewable energy

Marine Offshore Renewable Energy Lab (MOREnergy), from Politecnico di Torino, has launched its new open access web platform, featuring wind and wave energy data for offshore renewable energy projects in Europe. MORE-EST Platform data visualization (Courtesy of MOREnergy Lab) The platform, dubbed MORE-EST, gives users access to wave and wind energy resources in any location …

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Havila nets new deals for two PSVs

Norwegian offshore vessel operator Havila Shipping has secured new contracts for two of its platform supply vessels (PSVs). Havila said on Wednesday that it had entered into contracts with Peterson Den Helder for the PSV Havila Borg and the PSV Havila Herøy. The Havila Borg was contracted for a fixed period of 6 months and …

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DRY BULK QUARTERLY: Gloomy macroeconomic indicators may stall recovery

Dry bulk shipping may continue to face significant headwinds in the fourth quarter of 2022 on the back of geopolitical uncertainties, China’s zero-COVID containment policy and a weak global economic outlook with recessionary risks sparking slowdown fears in key markets, and possibly stemming seaborne trade demand. Over the third quarter of this year, time charter …

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Market Volatility causing the classic ‘boom and bust cycle’ in the container shipping industry; Container xChange October Forecaster

The fall in China’s exports in September, the global economic downturn and the innumerable repercussions of the endless impacts of the war, the lockdowns in China and the port strikes have been the highlight of the monthly container logistics report published this month by Container xChange, an online platform for container logistic companies to book …

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