Navigator partners with Bumi Armada for CO2 shipping solution

Called the Bluestreak CO2 Joint Venture, the company will be equally owned by Navigator and Bumi Armada, and target emitters with no access to pipeline infrastructure, to effectively manage their CO2 emissions

OXCCU raises funding to transform CO2 into SAF

OXCCU, a leading carbon-to-value company converting carbon dioxide and hydrogen into industrial and consumer products, has completed a €20.6 million Series A financing to commercialize cost-effective sustainable aviation fuel (SAF).

Forests do not provide a silver bullet to fight climate change

The hypothetical scenario of removing all forest management, and thus stopping any interference with forests, would only compensate for 4 years of CO2 emissions (at the 2019 CO2 emissions rate from fossil fuel).

Cambridge researchers develop tech to convert CO2 and water into fuels

Researchers at the University of Cambridge have developed a solar-powered technology that replicates the process of photosynthesis to convert carbon dioxide (CO2) and water into liquid fuels. The highlight of the research is these fuels can directly power a car’s engine without any modifications – a so-called “drop-in” fuel. The technology leverages photosynthesis, the natural

Japan firms offset CO2 from jet fuel supply chain

Japanese upstream firm Inpex and refiner Idemitsu purchased carbon credits that offset around 10,000t of CO2 emitted from an entire supply chain, including from Murban crude oil produced by Inpex and supplied to Idemitsu for it to produce 3,000t of jet fuel, as well as transportation of crude and jet fuel. Inpex is one of

Hapag-Lloyd introduces CO2 credits to customers

Hapag-Lloyd is following the example set by Norden to offer biofuel-linked CO2 avoidance certificates for customers who want to contribute to cutting down on emissions for their shipments. Through ‘Ship Green’, a new solution for climate-friendly transportation based on biofuel, customers can contribute to cutting down on greenhouse gases (GHG) emissions by changing the fuel

Scaling up carbon capture technology is huge challenge

There’s been a stampede of investment into direct air capture, but some advocates worry the carbon capture process may not be scaled up fast enough to make an impact. Direct air capture is a new technology that vacuums carbon dioxide out of the atmosphere. The CO2 is trapped by a special filter inside a giant

Gibson predicts shortage of CO2 tankers

Shipyards ought to expect imminent signings of many carbon dioxide (CO2) tankers to match all the planned CO2 storage projects pencilled in around the world. Brokers Gibson has warned that if many of the CO2 projects currently undergoing feasibility studies get approved, there could be a shortage of shipping capacity. Currently, just two CO2 carriers

Lomarlabs collaborates with Seabound to install carbon capture device

Lomar’s new subsidiary lomarlabs is working with London-based climate tech start-up Seabound to develop cost-effective methods to capture CO2 onboard vessels. Lomarlabs works with entrepreneurs who bring deep tech solutions to the maritime industry and helps them de-risk their technologies and optimise their business models. This venture is spearheaded by former Lomar technical director Stylianos

New cement mixed with biochar absorbs more CO2

Engineers at Washington State University (WSU) have developed a new method for making concrete that absorbs more carbon than it emits. The process of making cement requires very high temperatures, and that usually requires burning fuels which, of course, emits CO2. That can be partly offset by switching to renewable energy sources, but chemical reactions