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MPCC orders two 1,600 TEU fuel-efficient boxships

Norwegian container tonnage provider MPC Container Ships (MPCC) has placed an order in China for two eco-friendly 1,600 TEU container vessels in combination with eight-year charters. The post MPCC orders two 1,600 TEU fuel-efficient boxships appeared first on Offshore Energy.

Methanol-powered Maya Cosulich hits the water

Italy’s maritime transportation group Fratelli Cosulich has launched its new methanol-powered IMO II chemical bunker tanker, Maya Cosulich. The post Methanol-powered Maya Cosulich hits the water appeared first on Offshore Energy.

Shell ships Italy-bound LNG cargo from Egyptian plant

A shipment of liquefied natural gas (LNG) is on its way to Italy from Egypt on board a vessel operated by the UK-headquartered energy giant Shell. The post Shell ships Italy-bound LNG cargo from Egyptian plant appeared first on Offshore Energy.

Green investment ‘the growth story of the future’ – economist | Finance

Investment in climate action is the economic growth story of today and the future, while growth fuelled by fossil fuels is futile because the damage it causes ends in self-destruction, the economist Nicholas Stern has said. The plummeting costs of clean technologies, plus the healthier and more productive societies they enable, mean investments in cleantech simultaneously tackle the climate crisis and faltering economic growth, he said. Stern is well-known globally but perhaps best known in the UK In 2006 he led a landmark review for the UK government that concluded climate action would cost less than the damage caused by inaction. He has new book due to come out on 5 November, The Growth Story of the 21st Century: The Economics and Opportunity of Climate Action. His conclusions from 2006 remain valid today but have… Read More »Green investment ‘the growth story of the future’ – economist | Finance

BP hires Valaris’ 2013-built drillship for multi-well gig in Middle East

Offshore drilling contractor Valaris has secured a new multimillion-dollar assignment for its 12-year-old drillship off the coast of Egypt with BP Exploration Delta, a subsidiary of the UK-headquartered energy giant BP. The post BP hires Valaris’ 2013-built drillship for multi-well gig in Middle East appeared first on Offshore Energy.