Long Beach, Calif.-headquartered maritime emissions capture specialist STAX Engineering reports that it has raised $70 million in funding and is launching carbon capture trials with onboard carbon capture technology innovator Seabound. STAX
Athens-headquartered carbon capture, utilization and sequestration (CCUS) specialist ECOLOG is moving ahead on its plans to build a fleet of LCO2 carriers. ABS has now awarded the company an industry first ISM
By Rand Taylor, CEO of The Fuel Ox In April 2018, the International Maritime Organization agreed on its first ambitious strategy to reduce greenhouse gas emissions in the international shipping sector to
Japan’s Mitsubishi Shipbuilding and NYK Line have obtained an Approval in Principle (AiP) from ClassNK for a vessel designed to carry ammonia on one leg of a voyage and captured carbon on
Spanish engineering and technology specialist Sener has completed the conceptual design of a tanker that can both bunker other vessels with a range of fuels (including biofuel) and store carbon captured by
Seatrium Limited, the new Singapore-based player formed by the merger of Sembcorp Marine and Keppel Offshore & Marine (Keppel O&M), is up and running. In a signal of where it sees the
ABS has given its Approval in Principle to a project that plans to demonstrate the feasibility of using carbon capture onboard a vessel, with a pilot installation on a Stena Bulk MR
“Shipping will play a pivotal role in driving the global clean energy transition,” that was the message delivered by ABS chairman, president and CEO Christopher J. Wiernicki gave in a series of
It’s increasingly clear that CCUS (carbon capture, usage and storage) is going to play a major role in global decarbonization and the just-passed Inflation Reduction Act contains substantial funding to support CCUS
Petroleo Brasileiro S.A (Petrobras) has awarded Keppel Offshore & Marine’s Keppel Shipyard subsidiary in Singapore has won an approximately US$2.9 billion order from for the engineering, procurement and construction (EPC) of the
