As part of the Green Deal Industrial Plan, the European Commission (EC) has proposed new initiatives and a set of actions to scale up the manufacturing of clean technologies in the European Union (EU), including renewable...
The European Union has rolled out A Green Deal Industrial Plan for the Net-Zero Age, which is being described as the EU version of the US Inflation Reduction Act.
The plan aims to provide a more supportive...
Consortium working on the hydrogen-powered tanker concept HyEkoTank has signed a grant agreement with the European Union, which comprises €5 million in grants under the funding scheme HORIZON EUROPE.
The partners...
Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires.
Today, all eyes are set on Russia to see what vessels will be...
A preliminary agreement has been reached between the EU’s top three institutions to include greenhouse gas emissions from the maritime sector in the EU Emissions Trading System (ETS).
The tentative deal was struck on...
The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years.
The additional funds from the EIB Group will...