Shipbuilders accelerate drive to make eco-friendly vessels

A growing number of shipbuilders are turning to eco-friendly vessels as the shipping industry will face strengthened requirements on carbon emissions in the coming years. Shipping accounts for about 3 percent of the world’s annual carbon emissions. The International Maritime Organization has ordered shipping companies to cut their greenhouse gas emissions by at least 30

Saudi Aramco CEO warns of anxiety if investment in fossil fuels is cut sharply

Amin Nasser, CEO of Saudi Aramco, the world’s largest oil producer, urged world leaders on Monday to continue investing in fossil fuels that warm the world. The assumption that we can move to clean energy “evening” is “terribly flawed.” In a statement at the World Oil Conference in Houston, Texas, Nacelle said that moving to

Essar to develop Stanlow terminal into UK’s largest biofuel storage hub

Essar Energy-owned Stanlow Terminals Limited (STL) announced that it will make investments over the next three years to develop the UK’s largest biofuels storage hub. The major investment is a key pillar in Stanlow Terminals’ strategic objective to become the UK’s largest bulk liquid storage and energy infrastructure solutions provider. It will deliver 300,000 cubic

WinGD’s engines will run on methanol from 2024 and ammonia from 2025

Swiss engine designer WinGD, a leading developer of two-stroke low-speed gas and diesel engines used for propulsion power in merchant shipping, said that its engines will be able to run on methanol and ammonia from 2024 and 2025 respectively. WinGD’s multi-fuel solutions will be based on its well-established diesel-fueled X engines and dual-fuel X-DF engines.

ABB and Amazon to accelerate netzero mining

Technology company ABB and Amazon Web Services (AWS) have agreed to develop new solutions for digitally integrated all-electric mining operations to help the industry meet netzero emissions goals. The companies said the initiative’s purpose is to “show reliability, effectiveness and scalability” as mining operators “move towards all-electric and netzero-emissions.” ABB explained that its ABB Ability

New global shipping task-force aims for greener, safer work

The creation of a task-force to help the global shipping sector cut its climate-heating carbon emissions and support millions of workers in the transition to greener ways of operating has been hailed as a “landmark” move by industry members. Representatives of ship-owners, seafarers and the UN Global Compact, the world’s largest corporate sustainability initiative, agreed

New lubricants will be key to the renewable-fuel transition

Ship operators must work alongside the companies they charge with maintaining engine condition in order to ensure a smooth transition to using alternative fuels. That is the challenge laid down by Lubrizol’s Technical Manager for Marine Engine Oils, Ian Bown, as the company explores how it must adapt lubricants to protect ship engines burning alternative

Boskalis secures €24 mn research grant to advance emission-free shipping

A broader maritime consortium in which Boskalis is participant has been awarded a EUR 24 million grant to conduct research into accelerating the use of methanol as a low-carbon fuel within the shipping industry. Methanol can enable significant reductions in CO2 emissions compared to traditional fuels and is viewed within the international maritime sector as

IMO moves ahead on GHG emissions, Black Carbon and marine litter

The International Maritime Organization (IMO) in view of the urgency for all sectors to accelerate their efforts to reduce GHG emissions – as emphasized in the recent IPCC reports and the Glasgow Climate Pact – recognized the need to strengthen the ambition of the Initial IMO GHG Strategy during its revision process. IMO’s Marine Environment

Maersk showcases design of its methanol powered box ships

Maersk Line, the world’s biggest container shipping company, on Wednesday show-cased the design of eight carbon neutral, methanol powered huge box ships it has ordered at South Korea’s Hyundai Heavy Industries. The carrier owned by Danish shipping and transport behemoth A P Moller Maersk Group A/S said it is “a very meaningful and impactful first