TagsDecarbonization of Shipping

Tag: Decarbonization of Shipping

New study reveals Korean and Chinese financiers and major European banks could be most exposed to climate risks in shipping

International Shipping
LONDON: A substantial portion of ship financing is tied to fossil fuel carriers that face risks of stranding in the global shift to a...

“No Nuclear, No Net Zero”: Shipping Experts Confront Decarbonisation Dilemma at LISW25 Roundtable

Global Trade
LONDON: Nuclear energy must be on the table if shipping has any hope of meeting the IMO’s net zero targets by 2050, a panel...

Anglo-Eastern launches SAPS: Next-generation digital service to tackle decarbonisation, optimise fleet performance, and cut fuel costs

International Shipping
HONG KONG: Anglo-Eastern Univan Group (“Anglo-Eastern”), a global leader in independent ship management, has officially launched its innovative Sustainability and Performance Services (SAPS), a...

ABB’s automation and electrification technology to support floating green ammonia production vessel

Fuel
COPENHAGEN : ABB has signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage...

Experts warn biofuels not a long-term solution for shipping

Fuel
MAJURO: Experts advising Pacific states at the International Maritime Organization (IMO) warn that biofuels are not a long-term solution for decarbonising shipping, highlighting threats...

Major Natural Gas discovery in Andaman Basin set to transform India’s Maritime landscape

Bunkering
NEW DELHI: India’s maritime sector is poised for a transformative leap following a major natural gas discovery in the Andaman Basin. The Ministry of...

Successful Installation of Anemoi Rotor sails on U-Ming’s Grand Pioneer VLOC at COSCO Zhoushan Shipyard

International Shipping
ZHOUSAN: U-Ming Marine Transport Corporation (U-Ming) and leading wind propulsion technology provider Anemoi Marine Technologies Ltd. (Anemoi) are pleased to announce the successful completion of the...

GCMD’s Project LOTUS confirms long-term operational feasibility of B24 biofuel blend in vessels

Fuel
SINGAPORE: The Global Centre for Maritime Decarbonisation (GCMD) today released its Project LOTUS (Long-term impact of continuous use of biofuels on vessel operations) report. Launched...

2030 shipping goal at risk despite historic progress made by IMO: New report

International Shipping
The shipping industry welcomed a major breakthrough this year with global agreement on the International Maritime Organization’s Net Zero Framework, but progress on zero-emissions...

Lloyd’s Register launches Biofuel Advisory service to help accelerate shipping’s decarbonisation

Classification Society
LONDON: Lloyd’s Register (LR) has launched its new Biofuel Advisory service at London International Shipping Week to help shipowners, fuel suppliers and producers adopt...
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