Shipping Groups Tap Algorithms to Cut Carbon Emissions
By Jonathan Saul LONDON, March 3 (Reuters) – Leading shipping group Maersk Tankers is investing tens of millions of dollars in digital
By Jonathan Saul LONDON, March 3 (Reuters) – Leading shipping group Maersk Tankers is investing tens of millions of dollars in digital
By Valerie Volcovici WASHINGTON, March 2 (Reuters) – The main U.S. oil industry lobby group, the American Petroleum Institute, is weighing
COPENHAGEN, Feb 23 (Reuters) – Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe’s
Decarbonization is indeed “a thing”, as Millennials might say. The problem that I have writing on the topic- and presumably that readers have, is that the
By Valerie Volcovici WASHINGTON, Jan 27 (Reuters) – Over 400 companies across some of the world’s biggest greenhouse gas emitting industries –
With International Maritime Organization targeting a 50% reduction in greenhouse gas emissions from ships by 2050, focus is shifting to which alternative fuels
By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new
By William Mathis (Bloomberg) — Danish electrolyzer startup Green Hydrogen Systems A/S raised 28 million euros ($34.3 million) to scale up production of
By Jonathan Saul LONDON, Dec 17 (Reuters) – U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships
By Jonathan Saul LONDON, Dec 16 (Reuters) – Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting
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
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
By Jack Wittels and Jessica Shankleman (Bloomberg) — The organization responsible for setting global environmental standards for shipping approved rules
By Jonathan Saul LONDON, Nov 17 (Reuters) – The United Nations shipping agency on Tuesday approved measures to boost energy efficiency in vessels as part
The global shipping industry is urgently calling on governments to move forward on a proposal for a $5 billion industry-financed research and development
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
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
By Barry Parker – Over the past year, “sustainability” has ratcheted upward to the top of the shipping industry’s radar. The activity will be
By Anna Shiryaevskaya and Ewa Krukowska (Bloomberg) –Seeking to blunt concerns about the damage natural gas does to the environment, some of the
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
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