British shipping company Ray Car Carriers has been linked to order for four oil tankers at South Korean shipyard HD Korea Shipbuilding & Offshore Engineering (HD KSOE).
JX Nippon Oil & Gas and Chevron signed MOU that provides a framework to evaluate the export of carbon dioxide (CO₂) from Japan to carbon capture and storage (CCS) projects located in Australia and other countries in the Asia Pacific region.
The Maritime and Port Authority of Singapore (MPA) and the Port of Southampton have agreed to collaborate on green and digital shipping.
Candela, a Swedish maker of sustainable, electric hydrofoil vessels, has closed the largest funding round in the company’s history, to expand production of its P-12 ferry.
ABEL Energy is looking to speed up the potential construction of a methanol production plant through cooperation with the Port of Townsville.
Low port readiness has been identified in a new study as a major hurdle bottlenecking the adoption of the onboard carbon capture and storage (OCCS) system as a practicable decarbonization solution.
TECO 2030 has won an additional approval in principle (AiP) from classification society DNV for its compressed hydrogen fuel systems.
Several project partners have conducted a joint field test to demonstrate the latest innovation in hydrogen-electric power infrastructure — a containerized hydrogen fuel cell and battery solution.
UK-based maritime engineering start-up WingTek, in collaboration with the University of Bristol and the National Composites Centre, has won a £2.2 million ($2.7 million) innovation grant for the development of a new wind auxiliary propulsion (WAP) system.
Finland-based shipping company ESL Shipping has signed a memorandum of understanding (MOU) to sell its two Supramax class vessels in an effort to accelerate the green transition.
Canada and Germany have signed an MoU to speed up commercial-scale trade and implementation of hydrogen corridor between the two countries.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) with energy companies Idemitsu Kosan, HIF USA and HIF Asia Pacific on the joint development of a synthetic fuel (e-fuel)/synthetic methanol (e-methanol) supply chain including CO2 marine transport.
France-headquartered Louis Dreyfus Armateurs (LDA) has introduced a concept for a service operations vessel (SOV) that utilizes liquid hydrogen as its primary fuel source. The liquid-hydrogen SOV, currently in the concept design phase, will be able to operate 95% of the time with zero carbon emissio
Finnish technology company Wärtsilä has signed a five-year lifecycle agreement with Korea Maritime Transport Co. (KMTC) for its containerships.
