UK marine technology company Sonardyne has set the goal to reach net zero by the end of 2025, becoming the first company of its type in the UK subsea industry to set such an ambitious target. The goal covers direct and indirect emissions, including those associated with manufacturing, as well as sup
Spain is the latest country to accede to International Maritime Organisation’s (IMO) treaty for safe and environmentally sound ship recycling – the Hong Kong Convention.
Florida-based Crowley Maritime Corporation has become the first US-owned and 13th overall ship owner-operator that will publicly disclose its ship recycling policies, practices and process through the Ship Recycling Transparency Initiative (SRTI) website.
The technology group Wärtsilä believes it will have the industry’s first engine running on ammonia already this year, according to Juha Kytölä, Director of R&D and Engineering at Wärtsilä. “This year we will demonstrate an engine running on ammonia. The demonstration will start with a 40-percent amm
French container shipping major CMA CGM closed the first quarter of this year with strong earnings growth.
Norwegian offshore safety regulator has carried out an audit of Aker BP and its planning for exploration drilling in the Barents Sea.
During the weekend, the 15,000 TEU Brussels Express — the first large containership in the world to have been converted to gas propulsion — reached its homeport of Hamburg, German container shipping major Hapag-Lloyd said.
Siccar Point Energy is moving forward with its Cambo field development project, located West of Shetland, which was delayed last year.
Italy’s Grimaldi Group has taken delivery of Eco Catania, the fifth of twelve new hybrid roll-on/roll-off (RoRo) ships belonging to the Grimaldi Green 5th Generation (GG5G) class.
Trafigura and Yara International have signed a memorandum of understanding to collaborate on the development and promotion of the use of ammonia as a clean fuel in shipping.
At this point in time, there is no technology in sight that would make large, ocean-going ships carbon-neutral in the next three to five years, CEO of German liner company Hapag-Lloyd, Rolf Habben Jansen believes. Jansen was one of the panelists of the Green Shipping Roundtable hosted yesterday by t
Qatar Petroleum has warned that depriving the oil & gas sector of new investments amid energy transition could result in big spikes in prices.
French tire manufacturer Michelin has launched the Wing Sail Mobility (WISAMO) project featuring inflatable wing sail system designed to boost the decarbonization of shipping.
Chemical-laden feeder containership X-Press Pearl, which has been burning for almost two weeks off Sri Lanka’s coast, sank yesterday and touched the sea bottom, the Indian Coast Guard informed. “The ship’s aft portion is sitting on the seabed at a depth of about 21 meters, and the forward section co
