Ahead of President Biden’s Leaders’ Summit on Climate, the world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets are met across the entire global shipping industry.
As Australia gears up efforts to achieve net-zero emissions by 2050 it is clear that the nation would have to commercialize low emission technologies and change its energy mix in the next 30 years. Speaking on Monday ahead of a climate summit occurring this week, Australian PM Scott Morrison said th
Wind energy costs, including both offshore and onshore wind, could decline 37–49 per cent by 2050, resulting in costs 50 per cent lower than predicted in an analysis in 2015, according to a new study funded by the U.S. Department of Energy and published in Nature Energy. In the same study performed
Equinor has informed that, starting in 2021, it will submit its energy transition plan for advisory vote to shareholders.
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.
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.
Wärtsilä saw a record-breaking amount of scrubber deliveries in 2020 despite the COVID-19 pandemic. The company highlights the continued interest in exhaust gas abatement systems as long-term solutions for the global fleet.
With marine energy on the cusp of significant growth, the National Hydropower Association has unveiled new industry deployment targets of 50MW by 2025, 500MW by 2030, and 1GW by 2035.
Germany-based short-sea shipping company Rhenus Maritime Services acquired 60 per cent of the shares in compatriot ship and project consignment manager, Arkon Shipping & Projects, in March 2021.
Norway-based ballast water treatment (BWT) specialist Optimarin has seen its best-ever start to a year, with the company signing a series of fleet contracts, frame agreements and system orders to continue the positive trend recorded in Q4 2020.
The top six South Korean shipbuilding majors have set sights on achieving carbon neutrality in the sector by 2050, thus joining the global decarbonization push. Namely, representatives of Samsung Heavy Industries (SHI), Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries, Hyund
Canadian marine technology company Kraken Robotics has entered into a non-binding letter of intent (LOI) to acquire 3D acoustic imaging specialist PanGeo Subsea.
Dutch Offshore Contractors (DOC) has reorganized its growing subsea cable activities into a new dedicated business unit named DOC Cable Solutions.
