Sweden Grants Contract to UK Builder for Zero-Emission Pilot Boat

By include a zero-emission pilot boat, Sweden’s ambitious ambition to decarbonise its marine sector is moving a big stride. By 2045, the nation wants to have net-zero greenhouse gas emissions; so, using this creative vessel is a significant step towards accomplishing that goal. Artemis Technologies has been chosen by the Swedish Maritime Administration (SMA) to

Cabinet approves MoU between India and Bhutan on energy efficiency

The Union Cabinet chaired by Prime Minister Narendra Modi approved the signing of Memorandum of Understanding (MoU) between India and Bhutan on extending co­operation in the field of Energy Efficiency and Energy Conservation Measures. The MoU was signed between Bureau of Energy Efficiency, Ministry of Power, Government of India and Department of Energy, Ministry of

Chemfleet adds 3 ships to Berg energy efficiency upgrade

Specialized ship manager Chemfleet has confirmed that an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda has yielded fuel savings of around 10%. Trials following the installation of Berg MPC800M control system onboard the 12,933 dwt IMO II chemical tanker have persuaded Chemfleet to upgrade three additional 6,970 dwt sisterships, in

Coal India to implement energy efficiency

India is committed to reduce Emissions Intensity of its GDP by 45 per cent by 2030 as per the updated NDC. In alignment of this, Coal Sector is at the forefront in leading energy conservation and efficiency measures recognizing the paramount importance of judicious energy resource utilization. The significance of this endeavour is that, generally,

Global renewables and energy efficiency pledge at COP28

On December 2, 118 countries signed a renewable energy pledge at the ongoing COP28 climate summit to triple the world’s green energy capacity to 11,000 GW by 2030, thereby, reducing the reliance on fossil fuels in generating energy. According to the “Global Renewables and Energy Efficiency Pledge”, countries have to “double the global average annual

Carbon capture, new fuels, energy efficiency are path to netzero

Carbon capture, energy efficiency and green fuels are the roadmap to net zero by 2050. That’s the pathway outlined by the 2023 Outlook, Beyond the Horizon: View of the Emerging Value Chains, the latest industry-leading research from ABS into shipping’s progress on the green energy transition. Released at the ABS Sustainability Summit during London International

India’s Carbon Credit Trading Scheme 2023 – How is the industry reacting to it

The government has taken a step towards reducing greenhouse gas emissions and promoting sustainability by launching the Carbon Credit Trading Scheme 2023. This scheme assigns a value, known as a carbon credit, to every ton of carbon dioxide equivalent (tCO2e) reduced or avoided, providing a structured framework for the country’s carbon market. Under the new

VesselsValue rolls out energy efficiency rating tool

UK-based online pricing platform VesselsValue has joined the likes of RightShip, Clarksons, Scope Group, and Metis Cyberspace Technology, to name a few, in launching its own dedicated tool that allows users to access, customise, and compare vessels’ energy efficiency ratings. This latest feature is said to combine VesselsValue’s shipping data with the IMO’s framework to