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.
With the international banking group Standard Chartered becoming a signatory to the Poseidon Principles, the global shipping loan portfolio of the member banks has surpassed the $ 185 billion mark. This represents around 50 percent of all shipping finance globally, making the Poseidon Principles ini
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
The multi-sector industry coalition SEA-LNG has answered the recently published World Bank’s report on LNG’s role in zero-carbon shipping.
Swedish hydrogen company Hynion has bought a hydrogen station from public transport company Ruter.
Classification society ABS and corporate innovation and venture development firm Rainmaking have decided to collaborate to support entrepreneurs with maritime decarbonization technologies.
Wuhan-based PEM fuel cell supplier Troowin Power System Technology Co has won a type approval from China Classification Society (CCS) for its marine fuel cell product. CCS said that this was China’s first certificate of type approval for a marine fuel cell, and that it follows more than a year of re
The technology group Wärtsilä has taken participation in a consortium of Finnish research organisations studying new solutions for clean marine and off-road transport.
As Australia gears up efforts to achieve net-zero emissions by 2050 it is clear that the nation would have to commercialize low emission technologies and change its energy mix in the next 30 years. Speaking on Monday ahead of a climate summit occurring this week, Australian PM Scott Morrison said th
Crowley Engineering Services has completed the design of the first fully electric U.S. tugboat with autonomous technology.
Hyundai Samho Heavy Industries (HSHI), a shipbuilding arm of Korea Shipbuilding & Marine Engineering, has built and delivered a 115,000 dwt product carrier which has obtained the Silent E-Notation from DNV. The LR2 tanker, named Onex Peace, is owned by UAE-based energy trading company Onex DMCC, and
Yara Marine Technologies has partnered up with BAR Technologies to design and implement wind-assisted propulsion for the shipping industry. Under the agreement, Yara Marine will offer WindWings in its portfolio to ship owners and manage the value chain of procurement, construction, installation, ser
Equinor has informed that, starting in 2021, it will submit its energy transition plan for advisory vote to shareholders.
