Marine engine designer and power system integrator WinGD and engine builder Hyundai Heavy Industries’ Engine Machinery Division (HHI-EMD) are to strengthen their collaboration by partnering to develop environmentally sustainable two-stroke engine technology.
A report by the International Chamber of Shipping (ICS) and the environmental consulting company Ricardo has pointed out that massive scaling up of finance for research and development (R&D) is essential to achieve zero-carbon emissions by 2050 in the shipping industry.
European shipowners have supported a dedicated fund to be set up under the EU Emission Trading Sustem (EU ETS) to stabilise the carbon price.
Maritime industry is in danger of losing out on a huge opportunity to make gains in tackling the climate emergency, by only focusing on a narrow set of measures and having a preoccupation with new fuels.
ExxonMobil has signed a memorandum of understanding (MoU) with Pertamina to assess the potential for large-scale deployment of low-carbon technologies in Indonesia.
Hyundai Global Service (HGS), part of South Korean shipbuilder and engine maker Hyundai Heavy Industries (HHI), has teamed up with Swiss company ABB Turbocharging to offer an engine part-load optimization (EPLO) service for shipowners seeking to cut emissions in line with the International Maritime
Neptune Energy has completed a study with EDF to measure methane emissions on a working UK offshore platform using drone technologies.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed an agreement with Vale International SA, part of Brazilian mining giant Vale, to conduct a joint study on the installation of a wind propulsion system on a 200,000-ton in-service bulk carrier, which mainly transports iron ore for steel p
Boundary Layer Technologies, a California based marine technology startup, has launched a fully electric hydrofoiling ferry concept design.
The renewable methane has a “vast” potential to replace fossil fuel in ships and can achieve up to 80 per cent of greenhouse gas (GHG) reduction, a new report showed.
ONE-Dyas has filed its decommissioning programme for three platforms, located in the Sean field of the UK North Sea, and handed them to the UK authorities.
Daphne Technology, a Swiss climate tech startup addressing the greenhouse gas (GHG) challenge, has attracted investments from industry majors in the second investment round.
For the first time, the US Port of Long Beach has achieved all of the 2023 emission-reduction goals outlined in the San Pedro Bay Ports Clean Air Action Plan, despite moving record volumes of containerized cargo.
American cruise holding company Royal Caribbean Group announced a giant step on its sustainability journey — Destination Net Zero, a comprehensive decarbonization strategy that includes pledging to establish science-based targets (SBT) and achieving net-zero emissions by 2050.
