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Tapping the Wind: Will Workforce Shortfalls Derail the UK’s Offshore Wind Ambitions?

Logistics, News /

The Winds of Change Need a Steady Crew As the UK’s offshore wind energy industry prepares for exponential growth, experts warn of a looming manpower shortage. The Offshore Wind Industry Council (OWIC) calls on the government to devise a comprehensive strategy to assemble a skilled and diverse workforce to meet escalating job demands, projected to […]

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Unlocking Trillions: The Future of Shipping Industry Decarbonization

Economy, News /

A Green Tidal Wave: The Rise of Carbon Pricing in Shipping As global consensus grows on the need for carbon pricing on emissions as part of measures to decarbonize the commercial shipping industry, the focus is now shifting to how the massive resources generated can be utilized. The World Bank released a detailed report indicating

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Unearthing the Benefits of a Carbon Tax for the Shipping Industry

News, Policy /

The Rising Tide of Carbon Taxation In the lead-up to next month’s Marine Environment Protection Committee meeting at the International Maritime Organization (IMO), the World Bank has become the latest prominent name to advocate a carbon tax on the shipping industry. The bank’s proposal is outlined in a recent 58-page report, indicating that such a

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Surging Bunker Fuel Sales in Fujairah: A Bright Spot Amid Struggling Global Demand

Economy, News /

Fujairah’s Flickering Flame of Hope Fujairah, the Middle Eastern marine fuels hub and third-largest global provider, witnessed a four-month sales high in May. This surge offers a glimmer of hope amidst a backdrop of significantly reduced sales compared to last year. Total sales, excluding lubricants, reached 620,388 m3, data from Fujairah Oil Industry Zone and

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Revolutionizing Maritime Energy: Corvus BOB Containers Earn Type Approval

News, Technology /

Setting Sail with Containerized Battery Solutions Corvus Energy, a leading innovator in energy storage solutions, has broken new ground in maritime power with the introduction of its containerized battery room solution, the Corvus BOB. This groundbreaking product has received Type Approval from DNV, a global quality assurance, and risk management company, making it a suitable

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Revolutionizing Carbon Storage: The Cliff Head CCS Project Collaboration

Logistics, News /

Pilot Energy and KNCC Join Forces Australian oil and gas company Pilot Energy and Knutsen NYK Carbon Carriers (KNCC), an international shipping joint venture, have inked a memorandum of understanding to collaborate on the Cliff Head Carbon Capture and Storage (CCS) Project. This strategic alliance targets the provision of maritime transportation and offshore injection solutions

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The Dawn of West Coast Port Stability: A New Agreement Emerges

News, Policy /

Labor Unrest Resolved at Last After 13 months of negotiations, the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) announced a tentative agreement on June 14. The deal comes a year after the previous labor contract expired and is a welcome relief for the U.S. West Coast ports, which have experienced

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The Affordable Path to Greener Shipping: Debunking Myths

Energy, News /

The Battle of Alternative Fuels The shipping industry stands at a crossroads, searching for the ideal alternative fuel to lower greenhouse gas (GHG) emissions and meet growing environmental demands. This week, SEA-LNG, an esteemed LNG bunker industry body, unveiled a compelling study that revealed LNG and its eco-friendly alternatives as a far more cost-effective option

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Revolutionizing Maritime Industry: Zero-Emissions Harbor Tugs and Coastal Vessels

Logistics, News /

Seizing the Future of Clean Operations Harland & Wolff is spearheading a new consortium with an ambitious goal: developing and constructing a groundbreaking fleet of zero-emissions harbor and coastal tugs. This project showcases the revitalized group’s dedication to progressive business development strategies, focused on addressing the maritime and offshore sectors’ fabrication, construction, repair, and decommissioning

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