Tag: energy transition

A turbulent economic and political climate has made green investments more challenging but also more urgent than ever, delegates to GreenPort Congress 2022 heard on day one.

The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonization speed between Europe and the rest of the world, according to the sixth edition of DNV’s Energy Transition Outlook.

The Lloyd’s Register Maritime Decarbonisation Hub welcomes a new partner, PSA Corporation Ltd (PSA),  to ‘The Silk Alliance’, a cross supply-chain maritime partnership dedicated to the development of a fleet-specific fuel transition strategy for container ships operating in Singapore and the wider Asia region, based on the Hub’s First Movers Framework.

During SMM 2022 in Hamburg, Kongsberg Digital and Shell Marine signed an MoU to strengthen their service offerings to the maritime industry by developing joint solutions, enhancing their service portfolios, and identifying pilot projects to test their combined capabilities.

High-ranking representatives of duisport and Port of Antwerp-Bruges signed a long-term cooperation agreement  in the areas of energy transition, rail and hinterland connections, and port infrastructure.

The CMA CGM Group announced that it is creating a Special Fund for Energies, backed by a five-year, USD 1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. 

Marine insurer Allianz Global Corporate & Specialty SE (AGCS) issued the Safety & Shipping Review 2022, explaining that the decarbonization of the industry will require big investments in green technology and alternative fuels. It is essential that the transition to low-carbon shipping does not create new risks with unintended consequences, says Allianz.

Norway's Government announced its ambition and plans for an expansion in offshore wind energy, setting a target for 30 gigawatts (GW) of offshore wind capacity by 2040.

The port authorities of Duisburg and Rotterdam have jointly signed a Letter of Intent (LOI) to renew and expand their cooperation agreements that date back to 2020.

A global center of excellence aiming to transform large-scale manufacturing through innovation and skills development has been launched in the south-east of Scotland.