Classification society ABS and corporate innovation and venture development firm Rainmaking have decided to collaborate to support entrepreneurs with maritime decarbonization technologies.
Wuhan-based PEM fuel cell supplier Troowin Power System Technology Co has won a type approval from China Classification Society (CCS) for its marine fuel cell product. CCS said that this was China’s first certificate of type approval for a marine fuel cell, and that it follows more than a year of re
Crowley Engineering Services has completed the design of the first fully electric U.S. tugboat with autonomous technology.
Hyundai Samho Heavy Industries (HSHI), a shipbuilding arm of Korea Shipbuilding & Marine Engineering, has built and delivered a 115,000 dwt product carrier which has obtained the Silent E-Notation from DNV. The LR2 tanker, named Onex Peace, is owned by UAE-based energy trading company Onex DMCC, and
Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., said it has priced $300 million in new senior unsecured sustainability-linked bonds in the Nordic bond market.
Alfa Laval in cooperation with fuel cell maker Blue World Technologies has announced plans to start testing a marine fuel cell system based on methanol. The testing will take place at the Alfa Laval Test & Training Centre in Denmark, exploring the technology’s potential as a source of marine fossil-
Singapore-based Ocean Network Express (ONE) has become the latest container shipping company to integrate sustainability into its business strategy.
Ammonia and hydrogen are zero-carbon bunker fuels that are most likely to be major contributors to shipping’s decarbonized future, a new series of report released by the World Bank reveals.
A Shell-chartered 170,000 cbm LNG carrier, named Methane Patricia Camila, has achieved 6.6% net savings generated by the Silverstream’s air lubrication system, Silverstream and Shell’s engineers found during operational testing. The system was retrofitted on the 2010-built LNG carrier during its Oct
Storegga, Shell, and Harbour Energy have become equal partners in the Acorn carbon, capture and storage (CCS) project and will develop the project through to final investment decision (FID), construction, operation, and beyond.
Crowley Shipping and Shell Trading (US) Company (STUSCO) recently initiated the use of low carbon biofuel to power the Crowley tugboat Veteran, a ship assist and escort tug serving the Bay of San Francisco.
The maritime industry will need to invest around $3.4 trillion in the next 30 years to replace the existing fleet in line with the shipping sector’s decarbonization plans. The projection was made earlier today by the shipping industry’s top analyst Mr. Martin Stopford, Non-Executive President -of Cl
Liquefied natural gas (LNG) as a marine fuel has been touted as the best available solution for the maritime industry to reduce its greenhouse gas emissions for a while now. It has been transported for over 40 years and the shipping sector has learned a lot about it as a cargo but also as a fuel. [&
Dutch Damen Shipyards Group has partnered up with Purus Marine, a newly formed, environmentally focused maritime vessel and infrastructure company, to finance green shipping projects.
