Seven technologies to salvage the oil industry

The offshore industry will need to reduce its costs significantly and become more environmentally friendly in order to get back on a profitable course. Classification bureau DNV GL recommends seven technologies that can help the industry in this transition.

BY NIKLAS KRIGSLUND

The international offshore sectors has been through a nightmare year.

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Although the drought in Gatun Lake, which supplies the Panama Canal with water, continues to cause problems for the canal's traffic, the number of ships queuing is lower than last year. | Foto: Carlos Jasso/Reuters/Ritzau Scanpix

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Rising fuel prices in France in 2018 led to demonstrations and the "Yellow Vests" movement. | Foto: Jacob Ehrbahn

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”Our focus is on working with our clients to help them to a greener, more sustainable mari:me future through the energy transi:on to net zero once the fuels, ships and technology are available at scale,” says Michael Parker, chair of the Poseidon Principles. | Foto: Global Maritime Forum

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Royal Arctic Line's chief executive steps down

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John Fredriksen was born in Norway but holds a Cypriot passport. | Foto: Ints Kalnins/Reuters/Ritzau Scanpix

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Broker sees benefits in Fredriksen's possible purchase of rival's tankers

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Carriers go their separate ways on climate quotas
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Russia takes more risks by increasing shipping on Arctic route
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Carriers go their separate ways on climate quotas

Maersk and Hapag-Lloyd have different estimates of how much customers will have to pay for the EU’s new CO₂ allowances. ”It will be a big mess,” writes Sea-Intelligence.

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Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

The Finnish company, like several other engine manufacturers, is on the verge of launching its first ammonia engine and is currently negotiating with several shipping companies.

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The price will determine whether the sale of DB Schenker will go through, sources tell DPA. | Foto: Marvin Ibo G'ng'r/AP/Ritzau Scanpix

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Media: Sale of DB Schenker enters next phase

After a long period of scrutiny, Deutsche Bahn is ready to pursue a sale of the major freight forwarder DB Schenker, report German media.

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Casper Ellerbæk has a professional background at competitor Kuehne + Nagel. | Foto: Dhl / Pr

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It's time for DHL's new global head of ocean freight to prove he can be number one

PROFILE: People familiar with the new chief executive of DHL Global Forwarding are not surprised by the appointment after a career that has gone in a straight line up.

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Regulation

Will the world come to need 12 million barrels of oil a day?

In a forecast, Jyske Bank predicts that the world will be hit by an oil shortage by 2030. A halt to new oil projects makes it worse.

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There are both limitations and risks involved in travelling by freight route, although it is somewhat faster than travelling through the Suez Canal. | Foto: Bernd W'stneck/AP/Ritzau Scanpix

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Seven technologies to salvage the oil industry

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Drones to provide big savings for Maersk Tankers

Norwegians to shake up "old-fashioned" shipping industry

DNV GL: Three things to drive innovation in the future of shipping

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Front page now

Panama Canal once again limits the daily number of ships

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

Broker sees benefits in Fredriksen's possible purchase of rival's tankers

Carriers go their separate ways on climate quotas

Russia takes more risks by increasing shipping on Arctic route

Everfuel and French fund to invest EUR 200m in hydrogen through joint venture

Gram Car Carriers lands multi-year contract worth USD 114m

Mississippi River waters dip toward record low in threat to US crop exports

Seven Seas: Customers' green ambitions and actions don't align

Further reading

Carriers go their separate ways on climate quotas

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs