Carbon economics, hydrogen and carbon value chains the focus for ABS 

The potential for carbon markets and pricing to reshape global shipping, as well as the impact of the emerging hydrogen and carbon value chains, are explored in-depth in the latest support for the industry’s decarbonization ambitions from ABS. The groundbreaking analysis is at the heart of the fourth edition of the ABS Setting the Course

NYK and PowerX to work together for marine decarbonisation

NYK, a Japanese shipping firm, has entered into a partnership agreement with Power X Inc, a company that develops a sustainable energy ecosystem with integrated energy storage products. As per the agreement, both companies will focus on R&D projects including marine ESS, power transfer vessel ‘Power Ark,’ battery-powered vessels, ship electrification, and zero-emission ports. The

Explora Journeys opts for LNG-powered ships

Explora Journeys has opted to switch the third and fourth ships of Explora to LNG propulsion. Explora III and IV will have engines powered by liquefied natural gas (LNG). LNG is believed to play a key role in climate change mitigation with the potential to reduce CO2 emissions by up to 25% compared to standard

Shell to drive fleet decarbonisation

Shell Fleet Solutions has formally launched its Accelerate to Zero programme, to support fleets in meeting their sustainability targets. It brings together a mix of solutions Shell has developed to drive decarbonisation and integrates likeminded partners to tackle one of the greatest challenges that fleets face in this decade. The four-step Accelerate to Zero programme

Toho Gas in Japan likely to deliver hydrogen from 2024

Toho Gas, a Japanese gas distributor, plans to start delivering hydrogen produced from natural gas at a plant with an output capacity of 1.7 t/d in Chita, central Japan’s Aichi prefecture, by 2024. The produced hydrogen is expected to have its carbon dioxide emissions offset with carbon credits and carbon capture, utilisation and storage (CCUS)

CMA CGM partners with Jupiter 1000 to decarbonize gas networks

The CMA CGM Group has joined the partners of the Jupiter 1000 industrial demonstrator project piloted by GRTgaz to provide solutions to the challenge of decarbonising gas networks. The Jupiter 1000 project is France’s first industrial demonstrator aiming to produce green hydrogen from renewable power and e-methane – a synthetic gas using this hydrogen and

Maersk, CMA CGM speed up decarbonization projects

Liner giant forays into decarbonisation have continued, with encouraging developments from Maersk and CMA CGM. Maersk is redeploying the Vistula Maersk and Vayenga Maersk, two 3,600teu ice-class 1A vessels, to the Canada Atlantic Express (CAE) service between Canada and Northern Europe, and plans to run them on biofuel: “carbon neutral… and manufactured from recycled sustainable

Wärtsilä introduces Decarbonisation Services business model to support customers

The technology group Wärtsilä’s strategy for shaping the decarbonisation of the energy sector is strengthened with the introduction of the company’s Decarbonisation Services business model. The service utilises Wärtsilä’s sophisticated power system modelling and optimisation tools alongside in-house expertise to reduce power system emissions. It also ensures power availability with the lowest levelised cost of

CMA CGM joins in exploring green hydrogen from renewable power

CMA CGM is joining an innovative demonstrator project underway in Europe exploring the production of green hydrogen from renewable power, e-methane, and the reuse of captured CO2 to produce new synthetic fuels. Known as the Jupiter 1000 project being piloted by GRTgaz, the operator of France’s gas transmission network, the goal is to convert renewable

Alfa Laval joins the Methanol Institute

As an enabler in the marine industry’s transition to green methanol as fuel, Alfa Laval is pleased to become a member of the Methanol Institute. Founded in 1989, the Methanol Institute serves as the global trade association for the methanol industry, representing the world’s leading methanol producers, distributors and technology companies. The Methanol Institute works