Since they were launched in June 2019 as a framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios, the Poseidon Principles are increasingly influencing what kind of maritime
Tokyo-based e5 Lab Inc. and Mitsubishi Shipbuilding Co. Ltd. are to provide a “Roboship” design for a 499-tonne biomass fuel carrier being built by Honda Heavy Industries Co. Ltd. They say the
Maersk has taken the wraps off the design of its eight 16,000 TEU methanol-fueled containership newbuilds. And the decision to opt for methanol is just the start of the innovations they incorporate.
Venture Global LNG is to invest more than $10 billion in a new liquefied natural gas (LNG) facility in Cameron Parish, La., that will employ carbon capture and sequestration technology (CCS) to
The Council of Members of the International Association of Independent Tanker Owners (INTERTANKO) has agreed that international shipping should strive to achieve net zero CO2 emissions by 2050. This is in line
The world’s first all-electric autonomous containership, Yara Birkeland has completed its maiden voyage in the Oslo Fjord. The 120 TEU vessel will be used by Norwegian fertilizer giant Yara to transport mineral
Benicia. Calif.-headquartered RIX Industries sees on-vessel hydrogen-on-demand as the key to building momentum in decarbonization for the maritime industry—and it’s taking that message to next month’s International WorkBoat Show. It will be
The municipality of Aveiro, Portugal, is to put its first fully-electric ferry into service next year. It could be Portugal’s first e-ferry and will replace a diesel powered boat on the one-mile
China’s Guangzhou Shipyard International (GSI), has just launched the Stena Pro Patria, the first of three 49,900 dwt methanol dual-fuel MR tankers on order for the Proman Stena Bulk joint venture. Construction
Island Offshore reports that its LNG battery-hybrid PSV Island Crusader has become the first offshore vessel on the Norwegian shelf running on biogas, resulting in immediate and significant net reductions in CO2
