Japanese shipping companies MOL and K Line are embarking on research into the potential for large-scale CO2 carriers as part of a wider initiative led by Japan’s New Energy and Industrial Technology Development Organization (NEDO). Carbon dioxide Capture, Utilization and Storage (CCUS) is a technolo
Oil and gas company TAQA has filed its decommissioning programme for the Cormorant Alpha platform topsides to the UK authorities.
South Korean shipping major Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for the construction of six ultra large LNG-powered container vessels (ULCVs).
Ship owners, builders, charterers, financiers, classification organizations, port authorities, government and non-government organizations across the United States and Canada have come together to launch the Blue Sky Maritime Coalition.
Japan’s Kawasaki Heavy Industries has decided to issue its first sustainability-linked bond amounting to JPY 10 billion ($90.8 million).
The technology group Wärtsilä will supply the main engines and LNG fuel gas supply systems for two new LNG-fuelled escort tugs being built for Canada’s HaiSea Marine, a joint venture between the Haisla Nation and Seaspan Marine Transportation. The two vessels will each be powered by Wärtsilä 34DF du
Animal Welfare Foundation, Tierschutzbund Zürich and Robin des Bois have published a comprehensive review of EU-approved livestock carrier vessels highlighting the high risks for crews, animals and the environment.
China Classification Society (CCS) and China COSCO Shipping Group have signed a new agreement that will see the duo work together to tackle the issue of greenhouse gas (GHG) emissions in the maritime sector.
Damen Shipyards Group has reached a major milestone in the construction of its first fully-electric Reversed Stern Drive tug, having installed the tug’s batteries. Damen Song Cam Shipyard in Vietnam is constructing the RSD-E Tug 2513, named Sparky, for New Zealand’s Ports of Auckland. Damen is build
BIMCO, the world’s largest shipowners’ association, is looking at a number of initiatives to approach how shipping can reduce its plastics footprint in light of delays in international action and discussion.
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) aims to deploy net-zero emissions ocean-going vessels in the 2020s in line with its environmental vision of achieving net-zero GHG emissions by 2050. Under its revised vision, released earlier today, the company has set sights on reducing GHG e
The proposal to introduce a fuel oil levy in the shipping industry to help speed up the transition from fossil fuels to zero-carbon alternatives has been postponed until the next IMO MEPC meeting. The discussion was held amid growing calls from the industry to introduce market-based measures to hel
Container shipping heavyweight Maersk is currently in discussions with equipment suppliers and yards on the order of a methanol-powered containership. The company announced plans to order the world’s first container vessel that can operate on carbon-neutral methanol in February 2021. Under the plan,
Tanker operator Stolt Tankers, part of Stolt-Nielsen Limited, says initial results from a biofuel trial carried out by one of the company’s chemical tankers have been very positive. Specifically, the 37,000 dwt chemical tanker Stolt Inspiration recently completed her transatlantic voyage partly powe
