Singapore-headquartered gas carrier operator BW LPG this month exercised an option for the delivery of four additional LPG dual-fuel engine retrofits. BW LPG has now committed to retrofit eight Very Large Gas
At least $1 trillion of capital investment in land-based and ship-related infrastructure will be needed to achieve the IMO target of reducing world shipping’s total greenhouse gas emissions by at least 50%
To meet IMO’s 2050 Greenhouse Gas (GHG) emission reduction target, commercially viable deep-sea Zero-Emission Vessels (ZEVs) will need be in operation by 2030 —just ten years from now. In response, shipowner MISC
Lois Zabrocky, Chief Executive Officer of New York, N.Y. headquartered tanker operator International Seaways, Inc. (NYSE:INSW), has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2020. Zabrocky follows
Shipping associations representing more than 90% of the world fleet are calling for a $5 billion R&D program to be set up to find ways to eliminate CO2 emissions from shipping. The
Corvus Energy is to receive funding of up to C$6 million (about US$4.5 million) from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support a research and
Danish ship operator Norden A/S has entered into a partnership with Kvasir Technologies, a spin-out from the Technical University of Denmark that has a patented technology to produce fuel from plant material.
IKEA Transport & Logistics Services, the CMA CGM Group, and the GoodShipping Program report that they have successful completed of their 2019 biofuel test program on CMA CGM vessels. This following positive
The WASP (Wind Assisted Ship Propulsion) project has been officially approved and launched, backed by EUR 5.4 million (about $6 million) of EU funding. The project brings together universities, wind-assist technology providers
With heavy fuel oil currently covering 82 per cent of the sector’s energy needs, decarbonizing global shipping will play a critical role in achieving climate objectives, a new report by the International
