Not far from Norway’s North Sea oil rigs, shipbuilders are assembling some of the first ferry boats ever to be powered entirely by batteries. For years, the yard, nestled against the deep-blue sea waters and snow-clad mountains of the country’s deepest fjord, mostly made fuel-guzzling boats for the oil industry. But orders vanished as crude slumped in recent years. Now, like other Norwegian industries, its future prosperity depends on going green.
Posted on - 2018-03-13For clues on accelerating oil demand, look to the seas and skies.
The strength of oil consumption took analysts by surprise last year, and played a big role in crude’s recovery to a three-year high in January. Demand this year could even turn out to be “way in excess” of 2017’s exuberant levels, Khalid al-Falih, the normally cautious energy minister of Saudi Arabia predicts. Data from industries like aviation, shipping and trucking suggest he might be right.
Posted on - 2018-03-13In April this year, the International Maritime Organisation's Marine Environment Protection Committee will meet for it's 72nd session to finalise the initial Greenhouse Gas strategy, shipping's climate deal. Join us in this webinar to learn more about the upcoming IMO meeting as well as the accompanying opportunities and challenges in relation to decarbonising shipping. Dr Tristan Smith, Isabelle Rojon and Dr Nishatabbas Rehmatulla will discuss the following: