ABS awarded two approvals in principle (AIPs) to COSCO Shipping Heavy Industry Co., Ltd., and COSCO Shipping Heavy Industry Technology Co., Ltd., for their ammonia-fueled vessel and ammonia supply system designs which are being trialed on a tugboat. Given the challenging characteristics of ammonia, ABS conducted a comprehensive review and risk assessment focused on ammonia
China’s refined oil product exports in November are set to hit the highest since April 2020 as refiners ramp up output to multi-month highs to boost diesel supply and profit, offsetting the impact of slower domestic demand from COVID-19 restrictions. The world’s top two refiners – the United States and China – are processing more
A new action plan, launched at the COP27 climate conference in Egypt by United Nations organisations, shipowners and unions, sets out recommendations to upskill seafarers to meet shipping’s decarbonisation goals. The plan is in response to findings from new research, the modelling of which cautions that as many as 800,000 seafarers will require additional training
In an intentional commitment to support the global fight against climate change, the U.S. Grains Council (USGC), Renewable Industries Canada (RICanada), UNICA, UNEM (National Corn Ethanol Union) and ePURE have come together today to underscore the importance of renewable ethanol in this effort. The use and implementation of renewable ethanol offers GHG reductions in the
The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles, Port of Long Beach and C40 Cities – a global network of mayors taking action to confront the climate crisis – have begun discussions to establish a green and digital shipping corridor between Singapore and the San Pedro Bay port complex. The corridor
Averda, a waste management, treatment and recycling company, and WasteFuel, a developer of bio-refineries, announced during the COP27 climate conference, their partnership to develop the first commercial scale municipal waste to renewable methanol plant in the Middle East. The location for the first plant is likely to be in Jebel Ali, the premier port in
Grabbing the most headlines was the Green Shipping Challenge, launched by the US and Norway, creating a platform for around 40 commitments to accelerate ship decarbonisation, with US presidential envoy for climate John Kerry and Norwegian prime minister Jonas Gahr Støre on hand for the launch. The Green Shipping Challenge encourages countries, ports and shipping
Attending the COP27 in Egypt, Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, signed a Memorandum of Understanding establishing a partnership between the EU and Kazakhstan. The agreement aims to ensure the development of a secure and sustainable supply of raw materials and refined materials. It also aims to develop
GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied natural gas (LNG) supply projects around the world. The companies see the use of hydrogen as low-carbon fuel in gas turbines as one of the possible paths to decarbonise LNG production.
Christiania Shipping, the chemical ship owning and chartering company, has decided to equip its entire fleet of 13 ships with Frugal Propulsion system, as its upgrades with automatic and intelligent engine control have proved to be successful. The class approved on-top system, Frugal Propulsion, is now working to optimise the fuel consumption on the oil/chemical