Vard Electro announced the signing of two contracts with Simon Møkster Shipping for hybrid battery power onboard Stril Orion and Stril Polar.
Lookout Maritime, a new company formed to drive decarbonisation and wider sustainability within the shipping industry, has formed a strategic partnership with Hong Kong-based ship management company Anglo-Eastern.
Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into an agreement for the construction of three latest generation 85,000 dwt Eco-type Kamsarmax vessels.
Houston-based Talos Energy has declared that its assets are not liable for the oil spill in the U.S. Gulf of Mexico.
Danish shipping major A.P. Moller – Maersk has decided to invest in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas.
German cruise line AIDA Cruises, part of Carnival Corporation, wants its fleet to be zero-emission by 2040, ten years ahead of the climate targets set by the International Maritime Organization (IMO).
Norway-based research organization SINTEF intends to work on solving research hurdles linked to the use of ammonia as a zero-emission fuel for the shipping sector.
Noreco has entered into a CCS partnership with Ørsted and DTU together with partners in the DUC on progressing CCS in the Danish North Sea.
Japanese shipping major Mitsui O.S.K. Lines (MOL) and compatriot general trading company Marubeni Corporation have signed a memorandum of understanding (MOU) with the Russian government and companies for a joint study to build, operate and utilize a dual-fuel methanol carrier.
Danish ferry and logistics company DFDS revealed plans to launch its first green vessel no later than 2025.
Aquaterra Energy has secured a master engineering and design service agreement with a supermajor to deliver multiple Sea Swift platforms.
Sustainable inland shipping company Zero Emission Services (ZES) BV has started operations with the Alphenaar, the first Dutch inland vessel to use interchangeable energy containers for propulsion.
UAE-based Mubadala Petroleum and Italy’s Eni have agreed to collaborate on the energy transition-related initiatives.
Japanese shipping major Kawasaki Kisen Kaisha (K Line) revealed plans to finance its transition linked loan (TLL) at the end of September 2021.
