Tag: global
A Global Carbon Tax on Shipping is Coming, Says ABS Chairman and CEO
A universal, global carbon tax on shipping is coming, as alternative blue fuels made with carbon capture emerge as a critical step in the energy transition at sea. That was the message from Christopher J. Wiernicki, ABS Chairman and CEO, during an appearance at the CERAWeek energy conference. “We need to recognize that there is…
Venture Global Announces Fleet of State of the Art LNG Vessels. First vessels to be delivered this year
Yesterday, Venture Global LNG announced the acquisition and construction of a new large fleet of LNG-powered vessels. Venture Global’s fleet will include nine vessels, currently under construction in South Korea, that will be delivered starting later this year. Six vessels will have a cargo capacity of 174,000 m3 and three a cargo capacity of 200,000…
Sail-powered cargo ship completes global journey and saves up to 15% on fuel
A sail-powered cargo ship has returned from a six-month global journey and saved up to 15 per cent on fuel by utilising innovative green technology. The bulk carrier Pyxis Ocean, left its port in Singapore in August 2023 and crossed the Cape of Good Hope on its way to Brazil, before eventually docking in Amsterdam…
Ahead Of MEPC81, Belgian Shipowners Once Again Make The Case For A Global Maritime Pricing Mechanism
In the coming week, the IMO’s Marine Environment Protection Committee (MEPC 81) will meet to address the complex challenge of decarbonising the maritime industry. Surprisingly, amidst the multitude of proposed measures, the simplest solution may yet hold the key to effective decarbonization: implementing a global price on greenhouse gas (GHG) emissions, argues the Royal Belgian…
Wave of Caribbean nations shift balance on a global carbon levy on shipping at UN
Small Island states have ramped up pressure for the adoption of a global carbon price on international shipping, in this week’s IMO Session (ISWG-GHG-16). From this week’s interventions at the IMO, it is apparent that: • 31 countries across the Pacific and the Caribbean, as well as from Africa, supported a price on all GHG…
ZeroNorth and Alpha Ori Technologies Close Deal To Join Forces, Accelerating Green Global Trade And Zero Emissions Shipping
ZeroNorth and Alpha Ori Technologies have announced today that they have received all required regulatory approval for their agreement to join forces. It means that today is day one of the two organisations as a new, integrated business under the name ZeroNorth. The milestone kicks off an ambitious next phase for the new ZeroNorth, enabling…
Auramarine Strengthens Its Global Commitment To Green Shipping With Landmark Tripartite Cooperation Agreement
Auramarine Auramarine, the leading provider of fuel supply systems for the marine, power and process industries, has signed a cooperation agreement with Yiu Lian Dockyards (Shekou) Co., Ltd. and Guangzhou Jihai Shipping Material Co. Ltd. in order to drive the implementation and uptake of methanol dual fuel systems as a viable and available new fuel…
Cutting-edge ABS Global LNG Academy inaugurated in Qatar
(DOHA) ABS has inaugurated the ABS Global LNG Academy, a cutting-edge training center dedicated to using the latest techniques to educate mariners in modern LNG vessel operations. Located in Doha and supported by QatarEnergy, the Academy is a coordinated effort with industry partners, who are working together to make the…
Can a single maritime AI research project cut 1% of total global emissions? NAVTOR thinks so
Pick your jaw up off the floor, as NAVTOR’s Bjørn Åge Hjøllo explains how the Green AI for Sustainable Shipping (GASS) initiative promises to transform the ability of shipowners and operators to slash fuel consumption, emissions and OPEX, ushering in a smarter, greener, more connected maritime future. Sorry, what did you say? Bjørn Åge Hjøllo,…
Decarbonization of shipping: An ambitious global test bed for green ships sets sail
With 90% of traded goods being transported across the ocean, the shipping industry stands at the heart of the global economy. Although shipping is highly efficient in terms of CO2 emissions per cargo weight, the industry as a whole is a major contributor to the world’s carbon footprint, accounting for 3% of global greenhouse gas…
