Monaco-headquartered Safe Bulkers Inc. (NYSE: SB) reports that a pilot biofuel trial carried out in partnership with Cargill has resulted in a significant reduction in CO2 emissions compared with operations on conventional
A new agreement between two Finnish companies, stainless steel producer Outokumpu and its long-term transport partner Langh Ship, underscores the growing importance of cutting vessel CO2 emissions as shippers look to decrease
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
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
Turku, Finland, headquartered Deltamarin Group has been looking into on-board carbon capture as a means for ships to reduce their CO2 footprint and it says that “the results look promising.” Post-combustion carbon
With increasing attention being paid to carbon capture as means of combating climate change, the question that arises is “what do you do with the carbon, once it’s captured?” Whatever its destination,
by Tyler McFaddenFederal Policy Manager for ClimatePacific Environment The International Chamber of Shipping (ICS) last month told the Financial Times it has ended its years-long opposition to carbon pricing. ICS, along with the other major
MSC Mediterranean Shipping Company (MSC) reports that it has started to use biofuel in its vessels calling in Rotterdam, the Netherlands. The decision follows successful trials with biofuel blends earlier this year.
OCTOBER 22, 2018 — The Methanol Institute, the trade association for the methanol industry, recently welcomed the findings of the MethaShip research project that has concluded that renewable methanol offers a long-term
