The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor), Olaf Scholz.Scholz’s coalition partners have been vocal in criticising the deal. Chief among them is Robert Habeck, Greens member and Scholz’s economics minister…
Political pressure is building within the European Union to tackle the daunting challenge of closing a loophole in its efforts to stop using Russian fossil fuels: liquefied natural gas (LNG).In the year since Russia's February 2022 invasion of Ukraine…
Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail alleviated coal shipments to China in 2022. However, the end of China’s zero Covid policy and an anticipated recovery of…
The Blue Sky Maritime Coalition (BSMC) appointed Jennifer States, a renewable energy and clean technology leader, to serve as Vice President and Chief Strategy Officer. States brings 20 years of industry experience in renewable energy and clean technology…
As reported in a Maritime Reporter and Engineering News February 2022 article, Offshore Wind Development Gains Speed in the United States, the offshore wind (OSW) market is beginning to heat up. The White House policy target of 30 GW of offshore wind power by 2030…
The MIT Energy Initiative (MITEI) launched a new research consortium—the Future Energy Systems Center—to address the climate crisis and the role energy systems can play in solving it. Randall Field, Executive Director, discusses current research and the challenges ahead for the maritime sector…
Maine Maritime Academy’s Board of Trustees announced that Jerald S. “Jerry” Paul has been named as the college’s 15th President. Paul, current President of Capitol Access and a 1989 graduate of the institution, will take office this spring.Paul will succeed President William J…
The U.S. Department of Energy on Thursday issued a rule to exclude environmental reviews for marine transport of liquefied natural gas (LNG), as the Trump administration unleashes last minute rules supporting the fossil fuel industry.The rule…
China is directing authorities in East China’s Zhejiang province to start planning to build stockpiling bases for energy and agricultural products, part of a push to develop regional free-trade zones (FTZs), a government document said on Monday…
The Central American and Caribbean specialist exploration company CaribX said that it is increasing its share of the Main Cape Operating contract in Honduras.Following government approval CaribX will hold a 55% interest in the highly prospective licence area…
The European Sea Ports Organisation (ESPO) welcomes Europe’s ambition as enshrined in the European Green Deal, to become the world’s first climate neutral continent by 2050.European ports are at the crossroads of supply chains. As clusters of transport…
Antwerp and Rotterdam Port Authorities asked new European Commission (EC) and Parliament to focus on the economic significance of ports.The energy transition and digitization are the two strategic challenges facing large industrial ports. The…
UK port operator Peel Ports has revealed its plans for the major port and industrial centre at Hunterston, one of Scotland’s most important development sites comprising a 300-acre brownfield footprint, deepwater, and rail connections.It is calling…
Shipping emissions: International measures needed to cut operational greenhouse gas emissions of existing fleet by 2030 – new studyThe international shipping sector needs to quickly adopt short-term policy measures to cut operational greenhouse gas (GHG) emissions of the existing fleet…
Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of products such as diesel, gasoline and marine fuel, the International Energy Agency said.Oil refining capacity will rise by 2…
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