Tag: energy transition

Shell has its released its latest Energy Transition Strategy, in which it informs that it is investing $10-15 billion in low-carbon energy solutions between 2023 and the end of 2025. 

The Liberian Registry has established an Innovation & Energy Transition Team dedicated to achieving net-zero greenhouse gas (GHG) emissions.

A new report released at the margins of COP28 by UMAS, details the annualised total costs of zero emission container vessels and the cost difference on a per container basis for transpacific and coastal ships under different fuel pathways.

In the past two years, the war in Ukraine and the subsequent energy crisis have changed the energy conversation. Energy security, affordability, and industrial competitiveness are now critical focus points alongside sustainability, McKinsey’s Global Energy Perspective 2023 highlights. 

Against a backdrop of geopolitical tensions and fragile energy markets, the latest edition of the IEA’s World Energy Outlook, explores how structural shifts in economies and in energy use are shifting the way that the world meets rising demand for energy.

Over the last five years fossil fuels have met only half of the new demand for energy globally, despite a rapid buildout of renewable capacity, according to DNV’s Energy Transition Outlook.

Net zero and limiting global warming to 1.5 °C remains possible due to the growth of clean energy technologies, though momentum needs to increase, according to the International Energy Agency (IEA).

DNV's latest report predicts that the US and Canada will spend $12 trillion on grid and renewable energy between now and 2050.

Vega-Reederei is extending its fleet by ordering 10 Conoship International 3,800 DWT Diesel-Electric Coasters.

Steven Jones, founder of the Seafarers Happiness Index, argues that although the energy transition will cause huge changes to the industry, right now it just seems to be causing confusion, worry, and irritation.