Stolt Tankers Joint Service (STJS) Pool, together with its partners NYK Line, Tufton, and Farvatn Capital, have donated $100,000 to One Tree Planted and We Forest, two non-profit organisations that focus on managing reforestation, carbon absorption and environmental impact projects.
Finnish shipbuilder Meyer Turku is leading a project that aims to develop carbon-neutral and sustainable technological solutions for cruise ships through an extensive partnership network.
Dutch logistics services provider BG Freight Line has committed to reducing carbon emissions by installing Value Maritime’s Filtree and carbon capture system onboard two of its container vessels.
ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil.
Chinese shipping company SITC International Holdings (SITC) has welcomed its first dual-fuel liquefied natural gas- (LNG) powered containership.
More than $150 million in zero-emissions demonstration projects at Port of Long Beach (POLB) container terminals are helping to nurture zero-emissions technology, according to Heather Tomley, the port’s Managing Director of Planning and Environmental Affairs.
The interest in hydrogen and CCS value chains has been picking up, evident through various projects and collaborations revealed this week.
Towage services provider SAAM Towage Brazil achieved a 13% reduction in its greenhouse gas emissions (GHG) in 2021, compared to the base year in 2017, making strides towards increasingly sustainable operations.
EU’s proposal to expand shore power is not the right strategy to obtain a sustainable reduction in emissions by shipping, German seaports believe.
Norwegian offshore safety regulator has granted Repsol consent for life extension for a field located in the North Sea off Norway.
The Danish Energy Agency has sent for consultation an EIA report for the development and operation of a field in the North Sea.
BMO Financial Group, acting as lead sustainability structuring coordinator in a syndicate of Canadian, U.S. and European banks, has announced a financing deal with Hong Kong-based containership owner and operator Seaspan.
Classification society RINA has granted approval in principle (AiP) to a hydrogen-powered MR tanker design developed by Swedish designer FKAB Marine Design.
Finnish technology group Wärtsilä and Italian shipowner Grimaldi Group have unveiled a new system that uses exhaust gas scrubber washwater to tackle the amount of microplastics in the world’s oceans.
