President Joe Biden on Thursday officially announced the new target for the US to achieve a reduction of up to 52% from the 2005 level of greenhouse gases (GHG) by 2030. This target is consistent with his goal of achieving net-zero GHG emissions by no later than 2050 and of limiting global warming...
https://splash247.com/bidens-ambitious-ghg-cuts-will-target-shipping/
Nuclear power lobbyists are hopeful of big breakthroughs following President Joe Biden’s new greenhouse gas cut targets announced yesterday, combined with this week’s news that the US will try and work with the International Maritime Organization to get shipping to be a zero emissions industry by...
https://splash247.com/nuclear-power-proponents-heartened-by-bidens-ghg-targets/
Germany’s United Offshore Support (UOS) ihas been awarded a two-year contract with the CBO Group – one of the major offshore fleet operators/owners in Brazil – who will provide services to end client Petrobras. “The oil and gas sector in Brazil is recovering from last year’s crisis, so CBO has...
https://splash247.com/united-offshore-support-wins-contract-with-brazils-cbo/
Maersk Drilling has been awarded a one-well contract by CGX Resources, operator and joint venture partner with Frontera Energy, for the 2009-built semisub rig Maersk Discoverer to carry out exploration drilling in the Corentyne Block offshore Guyana. The contract, with an undisclosed value, has an...
https://splash247.com/cgx-nets-maersk-drilling-semisub-for-guyana-campaign/
American class society ABS has published a 76-page lifecycle, or value chain, analysis of the greenhouse gas (GHG) footprint of the leading alternative marine fuels, a publication that will likely send shudders among LNG fuel lobbyists. The ABS publication contains prospective technical and...
https://splash247.com/new-value-chain-analysis-from-abs-clarifies-the-future-fuels-debate/
New York-listed dry bulk owner Genco Shipping & Trading has acquired a 2016-built Chinese ultramax bulker, taking its ultramax fleet to ten. The Zhejiang Yangfan-built vessel is scheduled for delivery between May and July, and will be renamed Genco Enterprise. No further details of the deal were...
https://splash247.com/genco-buys-another-secondhand-ultramax/
Scrambling yesterday as the United States called for the International Maritime Organization to pursue net zero emission targets for shipping by 2050, the world’s leading shipowning organisations made an urgent call to get measures in place for mandatory market-based measures (MBMs) for...
Shipping has been waiting, expecting environmental legislation to tighten up. The industry was served its marching orders yesterday with John Kerry, Joe Biden’s climate envoy, calling for the International Maritime Organization (IMO) to guide the industry towards net zero emissions by 2050, a...
https://splash247.com/us-calls-for-shipping-to-have-zero-emissions-by-2050/
ExxonMobil’s plan to tackle greenhouse gas (GHG) emissions involves carbon capture and storage (CCS), a technology the company says “could enable some heavy-emitting sectors to decarbonise.” It is seeking support to develop a public-private, multi-user CCS project in the Houston Ship Channel, part...
https://splash247.com/exxonmobil-proposes-100bn-gulf-of-mexico-carbon-capture-project/
Subsea major TechnipFMC has secured a contract between $75m and $250m from Petrobras for the Marlim and Voador fields offshore Brazil. The UK-based contracting giant will supply up to eight manifolds for production and injection, utilising the all-electric robotic valve vontroller (RVC). The...
https://splash247.com/technipfmc-seals-petrobras-subsea-deal/