Global supplier of wind propulsion, Anemoi Marine, believes Rotor Sails - which are unique, tall cylindrical sails that can be installed on the deck of commercial vessels - offer an immediate and compelling solution for shipowners working to reduce vessel emissions…
Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…
Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…
As the maritime industry collectively struggles to chart the course toward decarbonization, Crowley today committed to net-zero greenhouse gas emissions across all scopes by 2050, pursuing a path aligned with the latest climate science to limit global warming to 1…
The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable energy and the environment…
Leading British ports operator Peel Ports aims to become net zero of carbon emissions at all its operations by 2040 and is exploring hydrogen fuel solutions for some of its energy needs, the private group's chief executive said.Britain has said it is committed to reaching net zero emissions by 2050…
World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to make shipping decarbonize by 2050, a senior industry official involved in the meeting said.Shipping, which transports about 90% of world trade…
While the maritime industry faces a long ‘to do’ list for the coming three decades, Hiroaki Sakashita, CEO, ClassNK, sees decarbonization as the definitive trend that will most dramatically impact the design, construction and life-cycle operation of ships…
How technology can bring data to life, from design through to operations, helping improve efficiency and reduce emissionsOver the last year, climate change – or more appropriately climate action – has emerged as the critical issue impacting the future of global industries…
The Port of Corpus Christi Authority has entered into a Memorandum of Understanding (MOU) with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) as part of the Port’s commitment to decarbonization and energy transition initiatives…
Amazon.com Inc and IKEA are among commercial users of container shipping that will opt for zero-carbon marine fuels by 2040 in a new initiative aimed at speeding up decarbonization in the maritime sector, executives said on Tuesday.With about 90% of world trade transported by sea…
Naval architects and marine engineers sit on the front lines of the maritime industry’s battle toward decarbonization. Morgan Fanberg, President, Glosten, discusses the challenges and opportunities ahead.Put in context the challenge ahead for…
More than 1000 ships are expected to be ordered per year through 2030, and with growing pressure on the shipping industry to decarbonize, the shipowners must be careful with fuel selection and ship design, as a misstep here can have damaging consequences in the future…
MSC Group's cruise division, shipbuilder Fincantieri, and Italian energy infrastructure company Snam have signed a memorandum of understanding to determine the conditions for the design and construction of what would become the world’s first oceangoing hydrogen-powered cruise ship…
German energy exchange EEX on Monday launched a zero carbon freight index (ZCFI) which combines the bourse's dry freight and emission permits prices to show operators how accounting for carbon emissions could affect freights.Decarbonization…