Daewoo Shipbuilding & Marine Engineering Co. and the union representing subcontractors reached an agreement at the end of the day on Friday ending a 51-day strike that threatened the financial stability of South Korea’s third largest shipbuilder. Faced with mounting losses and increasing costs for...
With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy. The post In focus: Global hunt for energy security revving up...
Offshore sector consultancy Westwood Global Energy predicts that there will be good times to come for offshore oil and gas development over the next five years. 2022 is looking like a great year for offshore development, though inflation and supply-chain impacts have tempered expectations somewhat. Offshore...
MAN PrimeServ, part of German engine manufacturer MAN Energy Solutions, has started offering a service of preparing older engines for future, climate-neutral operation. The post MAN ES prepares existing ship engines for climate-neutral op appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
Researchers have raised concern over the impact over commercial airplane exhaust emissions, which cause a noticeable increase in cirrus clouds at elevations of 16,000 to 20,000 feet. Cirrus clouds are composed of ice crystals and generally do not contribute to precipitation, but these clouds are...
Germany will begin the construction of its planned Brunsbüttel LNG terminal in September with the commissioning expected at the turn of the year 2022/2023. The post Construction of Brunsbüttel LNG terminal kicking off in September appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
The Coast Guard-led response to the Mississippi Canyon Block 20 oil spill - possibly the longest-running oil release in U.S. history - has captured more than one million gallons of oil as of mid-July. The milestone marks both the scale of the problem and the...
Improvements in batteries have unlocked the potential to electrify big containerships today on voyages of up to 5,000 km, a new study shows. The post Study: Lower battery costs unlock potential to electrify big containerships appeared first on Offshore Energy. [ad_2] News source: http://feeds.feedburner.com/worldmaritimenews Go to original post...
The marine cargo industry continues to be rocked by the global pandemic, supply chain issues, fluctuating rates, fuel costs, port congestion and the Russia/Ukraine war that has no immediate end in sight. When normalcy in the industry will return is anyone’s guess, but hopefully – with...
Carnival Corporation, the world’s largest cruise company, is on track to meet its sustainability targets for 2030 while increasing initiatives to support its aspirations for 2050, its sustainability report for 2021 shows. The post Carnival on track to meet sustainability targets for 2030 appeared first on...
