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Energy Transition

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Energy Transition

IMO’s Net-Zero Framework caught in crossfire ahead of pivotal adoption decision

IMO’s Net-Zero Framework mandates a new fuel standard for ships and a global pricing mechanism for emissions.

about 1 year ago

Energy Transition

All systems go for Panama Canal’s prirority passage program for dual-fuel vessels

The Panama Canal is all set to implement a new category within its transit reservation system, the NetZero Slot, designed to propel maritime decarbonization and support the canal’s commitment to achieving net-zero emissions by 2050.

about 1 year ago

Energy Transition

DNV: The stage is set for next phase of maritime energy transition

Shipping’s energy transition is entering a new phase—one defined by strategic investment, accelerating fleet readiness, and emerging regulatory developments. This has been highlighted in the new edition of DNV’s Maritime Forecast to 2050.

about 1 year ago

Energy Transition

Port of San Diego reports progress on Maritime Clean Air Strategy

The Port of San Diego, the U.S., has implemented and is making progress on 80% of the objectives outlined in its Maritime Clean Air Strategy (MCAS), according to the latest MCAS highlights report.

about 1 year ago

Energy Transition

MODEC gets go-ahead for LCO2 floating storage and injection unit

Classification society ABS has approved LCO₂FSIU, a floating storage and injection unit (FSIU) developed by Japan’s MODEC for receiving, temporarily storing, and ultimately injecting carbon dioxide (CO2).

about 1 year ago

Energy Transition

Montreal-based Parkland Oil Terminal joins Green Marine program

Parkland, which operates the oil terminal at sections 94 to 96 of the Port of Montreal, Canada, has joined Green Marine, a certification program set to provide marine sector enterprises with guidelines and tools to improve their environmental performance.

about 1 year ago

Energy Transition

New strategic collaboration aims to accelerate renewable methanol availability

Massachusetts-based renewable fuel and chemical production technology company Emvolon and Freepoint Commodities, a commodities merchant, have decided to enter into a long-term strategic collaboration to speed up the manufacturing and distribution of renewable methanol. According to officials from Em

about 1 year ago

Energy Transition

ABS okays 16,000 TEU containership with electric propulsion from HHI and KSOE

HD HHI and HD KSOE have received approval in principle (AiP) from ABS for the concept design of a 16,000 TEU containership with an electric propulsion system.

about 1 year ago

Energy Transition

Chinese players sign strategic pact to ‘advance’ specialty materials for ammonia-fuelled vessels

Hong Kong-headquartered Luda Technology Group has signed a series of strategic cooperation agreements with several Chinese shipbuilding titans to jointly conduct the research and development (R&D) and manufacturing of specialty-material flanges and pipe fittings for ammonia-fueled vessels. Specifica

about 1 year ago

Energy Transition

A trillion-plus investment gap threatens to stall shipping’s energy transition, new report reveals

Without the right moves, the global maritime industry’s decarbonization goals are at stake, a new report shows. The report explores innovative financing concepts to unlock capital for clean fuels, infrastructure and retrofits. The US-based environmental advocacy group Environmental Defense Fund (EDF

about 1 year ago

Energy Transition

With right moves, Kenya to unlock competitive e-fuels production for maritime sector

Owing to abundant wind, solar, and geothermal resources, Kenya is poised to establish competitive production of e-fuels, with the potential to supply domestic and international maritime demand, a new report by the Global Maritime Forum (GMF) highlighted.

about 1 year ago

Energy Transition

Methanol Institute and Saudi Arabia join forces to advance maritime sustainability

Trade association Methanol Institute (MI) and Saudi Arabia’s Transport General Authority (TGA) have signed a memorandum of understanding (MoU) to advance maritime safety and sustainability.

about 1 year ago

Energy Transition

ELIRE Infra and partners secure UK funding for hydrogen floating power hubs to decarbonize ports

ELIRE Infra, part of the UK’s ELIRE Group, and its consortium partners have secured £1 million (around €1.152 million) in UK Government funding to develop hydrogen floating power hubs aimed at decarbonizing port operations and supporting the UK’s transition to net zero.

about 1 year ago

Energy Transition

Global Ethanol Association launches with initial program targeting marine sector

The Global Ethanol Association (GEA) has officially launched as an independent, non-profit international organization headquartered in Switzerland, with its first program targeting the marine fuel sector.

about 1 year ago