German container shipping major Hapag-Lloyd has secured from compatriot KfW IPEX-Bank its second green loan within six months aimed at financing the construction of six LNG-powered ultra large container vessels (ULCVs).
UK-based shipping consultancy Drewry expects half of the vessels ordered after 2025 to have dual-fuel engines, with a large percentage using methanol as marine fuel. Methanol is viewed as a good replacement for traditional marine fuels due to its potential to reduce GHG emissions since it doesn’t co
Aurora Tankers, a wholly-owned subsidiary of IMC Industrial Group (IMC), has joined forces with Golden Stena Baycrest Tankers (GSB) to manage and operate stainless steel tankers.
Swedish company Alfa Laval has managed to capture CO2 in a recent trial performed in cooperation with Japan’s National Maritime Research Institute (NMRI) using exhaust gas cleaning technology. Initiated by NMRI, the CO2 capture testing project was designed to provide real-world validation of results
South Korean shipbuilder Samsung Heavy Industries (SHI) has won an order for the construction of three liquefied natural gas (LNG) carriers.
SIMEC Atlantis Energy, the developer of the MeyGen tidal energy project, has reduced the financial losses for 2020 – the year in which MeyGen tidal array exported over 37GWh of clean power to the UK grid, breaking every record for tidal energy production set so far.
Following an undercover reporter filming a lobbyist for ExxonMobil stating that the company’s climate policy was just a PR stunt, the chief executive officer (CEO) of ExxonMobil issued a statement refuting those claims.
One of the largest funding programmes of the European Union, launched to accelerate the economic recovery following the coronavirus pandemic, has provided a substantial subsidy for the development of an offshore floating solar farm off the coast of The Hague in the Netherlands.
The number of seafarers onboard vessels beyond the expiry of their contract has risen from 5.8% to 8.8%, which corresponds to a 51,7% relative increase, the Neptune Declaration Crew Change Indicator (NDCCI) shows.
De Nora, an Italian supplier of sustainable technologies, has formally completed the acquisition of the UV Technologies Division (CCUV) from Pennsylvania-based Calgon Carbon Corporation.
Swedish-Israeli wave energy company Eco Wave Power Global (EWPG) has opened the initial public offering (IPO) of shares on Nasdaq in the United States, targeting $8 million in proceeds.
British company Windship Technology has signed an agreement with Australian company Calix Limited to develop and incorporate Calix’s onboard carbon capture system RECAST into its whole-ship solution.
U.S. LNG exporter and producer Cheniere Energy has appointed Patricia K. Collawn and Lorraine Mitchelmore to serve as members of the board of directors.
A lobbyist for ExxonMobil stated in an aired interview recorded by undercover Greenpeace activists that the company was still fighting efforts to tackle climate change in the U.S., despite publicly claiming to support the Paris climate agreement.
