Friday, January 8, 2021
lng carrier
Shipping

Interview: WinGD Discusses New Engine Tech to Help Tackle Methane Slip

With International Maritime Organization targeting a 50% reduction in greenhouse gas emissions from ships by 2050, focus is shifting to which alternative fuels will help the industry achieve the ambitious...

January 8, 2021
Total Views: 1552

hyundai heavy industries shipbuilding
Shipping

Ship Orders Slump 50% With Owners Unsure Which Green Fuel to Use

By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which...

January 8, 2021
Total Views: 4942

Friday, December 18, 2020
Environment

A.P. Moller Holding Among Investors in Danish Green Hydrogen Startup’s $34 Million Fund Raise

By William Mathis (Bloomberg) — Danish electrolyzer startup Green Hydrogen Systems A/S raised 28 million euros ($34.3 million) to scale up production of the technology that’s at the heart of the...

December 18, 2020
Total Views: 1171

Thursday, December 17, 2020
ships in port
Environment

Investor EnTrust Global Turns Sights to Green Shipping Assets

By Jonathan Saul LONDON, Dec 17 (Reuters) – U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships that generate lower emissions, an executive said, the latest...

December 17, 2020
Total Views: 543

Tuesday, December 15, 2020
cargo ship
Shipping

Shipping Lenders Fall Short of Sector’s Carbon Targets

By Jonathan Saul LONDON, Dec 16 (Reuters) – Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for...

December 15, 2020
Total Views: 1571

Monday, December 7, 2020
container ship
Environment

Investors Sought for ‘Green Ammonia’ Plant Upgrade in Norway

By Andrew Noël (Bloomberg) — Yara International ASA plans to convert a plant in Norway to produce green ammonia in a bet the chemical will become a go-to fuel for emission-free...

December 7, 2020
Total Views: 988

Friday, November 27, 2020
Environment

DFDS Planning Hydrogen-Powered Ferry

European ferry operator DFDS has announced plans for a partnership to develop a hydrogen-powered ferry to be in operation as soon as 2027. The partnership includes DFDS, ABB, Ballard Power...

November 27, 2020
Total Views: 1806

Wednesday, November 18, 2020
cargo ship emissions
Environment

IMO Plan to Curb Shipping’s Carbon Emissions Triggers Criticism

By Jack Wittels and Jessica Shankleman (Bloomberg) — The organization responsible for setting global environmental standards for shipping approved rules designed to curb the industry’s carbon emissions, triggering criticism that its...

November 18, 2020
Total Views: 1528

Tuesday, November 17, 2020
IMO Headquarters london
Shipping

IMO Approves Extra Steps to Curb Shipping Emissions

By Jonathan Saul LONDON, Nov 17 (Reuters) – The United Nations shipping agency on Tuesday approved measures to boost energy efficiency in vessels as part of efforts to reduce the...

November 17, 2020
Total Views: 1615

Monday, November 16, 2020
IMO greenhouse gas emissions
Environment

Shipping Industry Proposes $5 Billion Program to Help Decarbonize Shipping

The global shipping industry is urgently calling on governments to move forward on a proposal for a $5 billion industry-financed research and development program that would help accelerate zero-carbon fuels...

November 16, 2020
Total Views: 669

Wednesday, November 11, 2020
Maritime News

Latin America Getting First Hybrid Propulsion Offshore Support Vessel

The platform supply vessel CBO Flamengo is set to become the first offshore support vessel in Latin America to be converted to hybrid power. CBO, one of the Brazil’s leading...

November 11, 2020
Total Views: 179

ship emissions
Maritime News

Time to Launch Carbon Plan for Shipping is Now, Industry Says

By Jonathan Saul LONDON, Nov 11 (Reuters) – The shipping industry must act now in order to meet U.N. targets to cut carbon emissions by 2050, leading officials said on...

November 11, 2020
Total Views: 100

Friday, November 6, 2020
IMO greenhouse gas emissions
Interesting

IMO Charting Passage Plan for Reducing Shipping’s ‘Carbon Intensity’

By Barry Parker – Over the past year, “sustainability” has ratcheted upward to the top of the shipping industry’s radar. The activity will be ramping up now as the International...

November 6, 2020
Total Views: 371

Monday, October 26, 2020
lng carrier
Maritime News

LNG Shippers Seek Profit From ‘Carbon-Neutral’ Cargoes

By Anna Shiryaevskaya and Ewa Krukowska (Bloomberg) –Seeking to blunt concerns about the damage natural gas does to the environment, some of the world’s largest shippers of the fuel are selling...

October 26, 2020
Total Views: 16

Wednesday, October 21, 2020
Gassnova Norway Longship CO2 Project
Uncategorized

Ocean CO2 Storage Could Be A Hot ESG Investment For Banks & Oil Majors

by George Hay (Reuters) – If offshore wind and solar power are zero-carbon energy’s ESG golden boys, carbon capture is its problem child. Climate activists often see the process of...

October 21, 2020
Total Views: 114

Sunday, October 18, 2020
ship emissions
Maritime News

Shipping to Advance Global Deal to Cut Greenhouse Gas Pollution from Ships

By Jessica Shankleman and Ewa Krukowska (Bloomberg) –Nearly 200 countries are nearing a legally-binding agreement to reduce pollution from the world’s cargo ships, a step forward after two years of...

October 18, 2020
Total Views: 32

Tuesday, October 13, 2020
IMO greenhouse gas emissions
Maritime News

Opinion: Shipping Needs Tighter Limits on Greenhouse-Gas Emissions

By The Editors (Bloomberg Opinion) –Shipping emits a much greater share of greenhouse-gas emissions than you might think — more than a million tons annually, nearly 3% of the global...

October 13, 2020
Total Views: 18

Thursday, October 8, 2020
bridge of a ship
Maritime News

Global Energy Giants Vow to Disclose GHG Emissions From Shipping

By Aaron Clark (Bloomberg) –Global energy and commodity titans including Royal Dutch Shell Plc, Trafigura Group Ltd. and Cargill Inc. plan to start disclosing greenhouse gas intensity and total emissions...

October 8, 2020
Total Views: 23

Tuesday, September 29, 2020
IMO greenhouse gas emissions
Maritime News

Shell Sets Sights on Net-Zero Emissions Shipping

Royal Dutch Shell has set its sights on net-zero emissions in shipping. In a new report, Shell highlights the important role that hydrogen fuel cells could play in decarbonizing the...

September 29, 2020
Total Views: 11

Friday, August 21, 2020
crowley lng bunkers ISO Containers
Environment

Bio-Bunkers, What Types Of BioFuels Could Ships Burn in 2030?

By Ryan Hesketh and Jack Wittels (Bloomberg) — Shipping is the backbone of the global economy, responsible for about 90% of world trade. But it also accounts for almost 3%...

August 21, 2020
Total Views: 137