The technology group Wärtsilä has signed a Memorandum of Understanding (MOU) with Global Energy Ventures (GEV) of Australia to cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen (C-H2) ships. The cooperation aims at advancing GEV’s Approval in Principle (AiP) appl
Belgium-based shipping group Exmar has taken delivery of an 88,000 cbm LPG carrier Flanders Innovation from Chinese Jiangnan Shipyard.
World’s largest cruise company Carnival Corporation has announced its initial set of 2030 sustainability goals, with the achievement of 2020 sustainability goals a year ahead of schedule.
An EU law intended to drive the uptake of clean fuels by ships will actually lock in the use of fossil fuels for decades, Transport & Environment (T&E) said citing a leaked proposal of a law mandating ships to progressively switch to sustainable marine fuels. Specifically, the current draft would le
Dutch marine biofuels supplier GoodFuels and Norwegian environmental non-profit organisation ZERO have unveiled a new partnership aimed at enhancing sustainability within the maritime supply chain.
Norwegian engineering and equipment development company TECO 2030 ASA has raised NOK 20 million ($2.3 million) through a private placement of 3.2 million of new shares. The shares were issued at a price of NOK 6.164 per share to three new investors. “We intend to use the net proceeds from the privat
The Energy Port will be next in line in the expansion of the shoreside power network at Sweden’s Port of Gothenburg, the port authority confirmed.
The Port of Antwerp is converting a tug to methanol propulsion as part of the European Union-funded Fastwater project, which aims to demonstrate the feasibility of methanol as a sustainable marine fuel. The project was set up by a group of European maritime research and technology leaders, and is fu
Giant oilfield services provider Schlumberger is the next company in line to commit to achieving net-zero greenhouse gas (GHG) emissions by 2050.
Electrification and hybridization of ships have been picking up in the industry for a while now, being the predominant choice for short-sea shipping. There are several solutions on the market to choose from such as shore power connection, battery hybrid solutions, shaft generators, or alternative el
UK’s Oil and Gas Authority has issued an updated guidance on flaring and venting, which sets out a tougher approach to driving reductions.
Norwegian RoRo shipping company Höegh Autoliners is considering a potential listing as it scales up green vessel investment plans as part of its decarbonization efforts. Namely, Höegh intends to invest in up to 12 Aurora class multi-fuel and ammonia ready vessels designed with a 9,100 car equivalent
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
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).
