Blue Water Trade Winds extends fuel optimization partnership with STASCO

STASCO has been using Blue Water’s BOSS voyage planning application, which can improve fuel efficiency by between 4-6% and therefore help to curb carbon emissions, for its Crude and Products Time Charter Fleet for the past five years.

The role of fungi in absorbing carbon emissions

Now, new research shows this single group of fungi may quietly be playing a bigger role in storing carbon than we thought.

ONGC plans huge investment to cut carbon emissions

Oil and Natural Gas Corp. (ONGC) will spend ₹1 trillion on green initiatives by 2030 to reduce its carbon footprint as part of a broader effort to achieve net-zero emissions by 2038. ONGC’s chairman and managing director Arun Kumar Singh, told that the oil explorer has set an ambitious net-zero target and aims to cut

Green fuel bunkering planned for major ports in India

The Indian government has unveiled plans to make green hydrogen-based fuels available at the nation’s biggest ports by 2035, part of a broader climate program for its ports sector. The new “Harit Sagar” guidelines call for “quantifiable reductions in carbon emissions over defined timelines,” according to Shipping Minister Shri Sarbananda Sonowal. The overall objective is

Indian strategies to meet IMO decarbonization goals

The International Maritime Organisation (IMO) has set a target to reduce the shipping industry’s Greenhouse Gas (GHG) emissions by 50% by the year 2050. The strategy is outlined by short, medium, and long-term ambitions. Even though, the Indian flagged vessels contribute comparatively fewer carbon emissions than foreign-flagged vessels, India as an important member of the

Canyon Fuel first coal company to calculate the social cost of carbon

Canyon Fuel has agreed to calculate its Social Cost of Carbon (SCC) as part of a settlement agreement. This will be the first time a coal company has voluntarily agreed to calculate its climate damages. The deal, which also includes the state of Utah and the US Department of the Interior, would see environmentalists drop

Fossil fuel exports from Queensland will end by 2030

Fossil fuel exports would end in less than a decade to drastically cut the carbon emissions that Queensland sends overseas under a Greens proposal. Greens MP Michael Berkman also wants to set up an independent authority to work with coal and gas workers on a transition plan, including a job-for-job guarantee and free reskilling, under

PLA achieves fewer emissions using biofuel

The Port of London Authority (PLA) which oversees safe operations in the UK’s busiest port, has released a statement on its achievement of halving its carbon emissions in the past year due to biofuel. As stated by the PLA, last year’s performance delivered a 50% cut in carbon emissions three years ahead of the original

Imabari to use Kobe Steel for shipbuilding

Imabari Shipbuilding announced that Kobe Steel has started selling a low-carbon steel which it will use for a cape due for delivery next year to an unspecified owner. Using hot briquetted iron in its blast furnace, Kobe Steel is able to reduce CO2 output by more than 20%. Last year Maersk committed to netzero steel

Eastern Pacific installs carbon capture solution onboard a vessel

Eastern Pacific Shipping (EPS) has announced the successful installation of Value Maritime’s Filtree system onboard its managed vessel Pacific Cobalt in Rotterdam. The Filtree system, which filters sulphur and 99% of particulate matter, includes Value Maritime’s carbon capture and storage (CCS) module that can capture up to 40% of CO2 emissions from the vessel’s main