Finnish cleantech company Norsepower has signed a framework agreement with Offshore Technology Development (OTD), Keppel Offshore & Marine’s technology arm, on the commercialization of rotor sails. Under the deal, OTD, which provides equipment to the offshore oil and gas, marine, and offshore wind i
Ahead of President Biden’s Leaders’ Summit on Climate, the world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets are met across the entire global shipping industry.
Offshore rig owner Maersk Drilling has secured an additional one-well contract for the low-emission rig Maersk Integrator with Aker BP.
The UK has decided to include its share of international shipping and aviation emissions in its sixth Carbon Budget – an important part of the government’s decarbonisation efforts that will allow for these emissions to be accounted for consistently.
French investment company Eurazeo is launching a sustainable maritime infrastructure thematic fund to finance more environmentally friendly infrastructure and technologies in the maritime sector that support the transition to a low carbon economy.
Industry heavyweights Lloyd’s Register’s Decarbonization Hub, Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Total and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are embarking on a new project with the aim of providing guidelines on the safe use of ammonia as a
Alfa Laval in cooperation with fuel cell maker Blue World Technologies has announced plans to start testing a marine fuel cell system based on methanol. The testing will take place at the Alfa Laval Test & Training Centre in Denmark, exploring the technology’s potential as a source of marine fossil-
Ammonia and hydrogen are zero-carbon bunker fuels that are most likely to be major contributors to shipping’s decarbonized future, a new series of report released by the World Bank reveals.
A Shell-chartered 170,000 cbm LNG carrier, named Methane Patricia Camila, has achieved 6.6% net savings generated by the Silverstream’s air lubrication system, Silverstream and Shell’s engineers found during operational testing. The system was retrofitted on the 2010-built LNG carrier during its Oct
Storegga, Shell, and Harbour Energy have become equal partners in the Acorn carbon, capture and storage (CCS) project and will develop the project through to final investment decision (FID), construction, operation, and beyond.
The maritime industry will need to invest around $3.4 trillion in the next 30 years to replace the existing fleet in line with the shipping sector’s decarbonization plans. The projection was made earlier today by the shipping industry’s top analyst Mr. Martin Stopford, Non-Executive President -of Cl
Liquefied natural gas (LNG) as a marine fuel has been touted as the best available solution for the maritime industry to reduce its greenhouse gas emissions for a while now. It has been transported for over 40 years and the shipping sector has learned a lot about it as a cargo but also as a fuel. [&
Dutch Damen Shipyards Group has partnered up with Purus Marine, a newly formed, environmentally focused maritime vessel and infrastructure company, to finance green shipping projects.
German dry bulk operator Oldendorff Carriers has teamed up with BHP, and biofuels pioneer GoodFuels to carry out the first marine biofuel trial involving an ocean-going vessel bunkered in Singapore. The vessel selected for the trial was Kira Oldendorff,one of the company’s eco-Kamsarmaxes. The 2020-
