Dockendale Ship Management DMC Co, based in Dubai, and Copenhagen’s Green Marine have announced a groundbreaking joint venture, Dockendale Green Marine Ship Management. This venture marks the creation of the world’s first ship management company focused exclusively on managing methanol-powered vessels, a significant step towards sustainable maritime operations. The new company will offer fully integrated
Finnish technology group Wärtsilä has introduced the marine sector’s first commercially available four-stroke engine-based solution for ammonia fuel. Viridis Bulk Carriers, the world’s first zero-emission shipping company, will be the first shipowner to benefit from the new ammonia solution. The company is a partnership between Amon Maritime, Mosvolds Rederi, and Navigare Logistics. Norwegian government enterprise
First turbine components successfully fast-lifted in the open Atlantic Ocean Dutch heave compensation specialist Seaqualize executed the world’s first offshore transfer lifts of wind turbine components from a heaving supply vessel. Their newly developed offshore lifting device, the Heave Chief 1100 is deployed by DEME Offshore US. Together with the feeder barge solution developed by
Mission Ne Zero India Summit presents a vibrant, inclusive and high-impact platform for Energy Sector to meet and collaborate for meaningful policy dialogues, share industry insights, showcase innovations and accelerate partnerships for a common goal of achieving decarbonized Economy for India by 2070. The Summit draws its strength from years of connections & interactions with
India is set to initiate the bidding process for an approximately Rs 8,000 crore ($960 million) incentive scheme dedicated to the production of electric vehicle batteries, as disclosed in a Bloomberg report. The scheme will mandate successful bidders to establish cutting-edge chemistry battery plants, collectively generating a capacity of 20 gigawatt-hours. The government is slated
Coal must be phased out seven times faster than is now happening, deforestation must be reduced four times faster, and public transport around the world built out six times faster than at present, if the world is to avoid the worst impacts of climate breakdown, new research has found. Countries are falling behind on almost
Top gas firm GAIL has done the world’s first ship-to-ship liquefied natural gas (LNG) transfer to save on shipping costs and cut emissions as the state-owned entity looks at innovative ways as a pivot to boost business, company officials said. GAIL has contracted 5.8 million tonnes per annum of LNG (natural gas super-cooled to liquid
Europris has choosen Maersk’s ECO Delivery product to significantly reduce GHG emissions from seaborne logistics. Europris is the leading retail company in Norway with more than 260 supermarkets and one of the largest importers of containerized goods from Asia into the country. Maersk and Europris have a long-standing partnership in end-to-end logistics. With ECO Delivery
Danish Ship Finance has issued its latest biannual markets report in which it has called for the International Maritime Organization’s Carbon Intensity Indicator (CII) to be replaced with a voyage index that shows carbon intensity per voyage to allow performance to be evaluated and optimised. The voyage index would be powered by a global terminal
The Brazilian State Environment Council has approved Fortescue’s environmental impact study for the production of green hydrogen at the Pecém Industrial and Port Complex in Ceará. Fortescue Latin America environment manager Gianpaola Ciniglio said that the approval showed the state of Ceará’s commitment to environmental sustainability and economic growth. Once constructed, the plant will have