Maersk Drilling considers entering offshore wind and hydrogen

The era of fossil fuels is waning, and this now has Maersk Drilling looking into the possibility of entering new corners of the energy industry.

Photo: PR/Maersk Drilling

Maersk Drilling could very well soon be working with anything from floating offshore wind to carbon capture and storage and producing hydrogen from offshore wind, says Jørn Madsen, CEO of Maersk Drilling, which is currently engaged in drilling for oil and gas offshore.

But as the use of fossil fuels is being phased out globally, Maersk Drilling must find new ways of making a living.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Employee at Bunker Holding subsidiary charged for alleged corruption

A trader at KPI Oceanconnect, a subsidiary of Bunker Holding, has been charged with alleged corruption totaling at least USD 191,250 as rewards for nominating Straits for the supply of bunker fuel to KPI's customers. The employee has been suspended and his contract terminated, the company informs ShippingWatch.

Freight rates for furniture eat up almost entire profit

The price of shipping a 40-foot container with assembled furniture from Asia to the US West Coast is currently so high that freight rates make up almost 100 percent of the furniture's retail value, according to Sea-Intelligence.

Wallem Group appoints new CEO

Wallem Group appoints interim CEO since January 2021 as the new chief executive officer of the ship management company.

Further reading

Related articles

Trial banner

Latest news

See all jobs