There is likely a great deal of oil and natural gas in the Arctic, but the probability of these massive resources being used is dwindling.
BY KELD LOUIE PEDERSEN, JYLLANDS-POSTEN
Geologists are certain: All scientific probability indicates that the Arctic holds considerable volumes of both oil and natural gas, but a continuously rising number of factors indicate that these resources will remain unused.
The price difference on LNG and heavy fuel is historically high, adding pressure on carriers which have banked on LNG as a marine fuel, says analyst. CMA CGM and Hapag-Lloyd have chosen two different approaches with their dual-fuel fleets.
Maersk has just ordered six new methanol-powered container ships and now reveals that the added cost of building green ships compared to conventional ones is decreasing. Economies of scale, says equity analyst.
The Danish offshore service operator has located a possible partner on the island as a part of high hopes for the local offshore wind market. If successful, Esvagt could be ready to service wind at sea in the far east in a few years.