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
Lubricants supplier Castrol says the shipping industry should expect a period of “new normal” where continuous change in environmental compliance standards is driven by regulation, adding layers of technical complexity for owners
When IMO’s working group on the reduction of greenhouse gas emissions from ships meets in London next week, proposals before it will include measures to either put limits on ship speed or, as
As heads of state and government meet at today’s UN Climate Action Summit in New York City, members of the Getting to Zero Coalition — an alliance of senior leaders in the
A group of leading international banks, including Citi, Societe Generale, and DNB, aim to promote greener shipping by making climate considerations a part of shipping, lending decisions. The banks will use a
