Tag: industry
AI, Data, and Digitalization Set to Redefine Maritime Safety Frontiers
Digital technologies, data-driven insights, and artificial intelligence (AI) are poised to transform the maritime industry, setting a new safety standard at sea. According to Christopher J. Wiernicki, Chairman and CEO of ABS, these innovations will drive a fundamental shift in how the industry approaches safety, regulations, and operational procedures. Speaking at the Capital Link Shipping…
StormGeo and ClassNK mark significant collaboration to advance maritime decarbonization
StormGeo, a leading technology provider and pioneer in weather intelligence, has partnered with esteemed Japanese ship classification society, ClassNK. The collaboration marks a significant milestone for the two as it establishes the sharing and verification of emission data, to meet the requirements of their shared clients. Shipping companies that use the StormGeo s-Insight platform will…
Oceanly Performance ensures EU-ETS compliance for the shipping industry
As the world races towards carbon neutrality, Oceanly, a leading provider of fleet performance solutions, has produced an innovative approach to EU Emissions Trading System (EU-ETS) compliance for the shipping industry. Oceanly Performance offers shipping companies a seamless pathway to monitor, report, and verify their carbon emissions under the EU-ETS, which came into force on…
EU Net-Zero Industry Act: European shipowners welcome 40% production benchmark for clean shipping fuels in Europe
The last plenary of the European Parliament in Strasbourg for this five-year term adopted earlier today the new law, which aims to scale up industrial capacity for green technologies in Europe. European shipowners strongly welcome the inclusion of clean fuels for shipping, including advanced biofuels and e-fuels, in the list of net-zero technologies adopted today…
ABS Industry First Audit of ECOLOG for the Operation of LCO2 Carriers
ABS has awarded ECOLOG, a mid-stream Carbon Capture, Utilization and Sequestration (CCUS) service provider, with an industry first ISM Document of Compliance for the operation of liquified CO2 carriers on behalf of the Bermuda flag administration. ABS audited ECOLOG to verify compliance with the International Safety Management Code. ECOLOG plans to build and own CO2…
FrontM’s Strategic Investments Steer the Maritime Industry Towards Enhanced ESG
In a significant move underscoring the maritime industry’s commitment to digital innovation and crew welfare, FrontM, the maritime superapp platform company, announces the completion of a strategic funding round led by Motion Ventures with participation from MOL PLUS and Wilhelmsen. The maritime industry stands at the threshold of a monumental shift, fuelled by the rise…
Protecting marine biodiversity and decarbonizing shipping – industry alliance sets plans for 2024
The Global Industry Alliance (GIA) for Marine Biosafety has outlined a full work programme for 2024, to support IMO’s key environmental objectives of protecting marine biodiversity and decarbonizing shipping. The GIA is a public-private partnership initiative under the GloFouling Partnerships Project – a collaboration between the Global Environment Facility (GEF), the United Nations Development Programme…
Electrification shipping industry is on track with a € 4 million investment in EST-Floattech
Developer of maritime battery systems EST-Floattech receives an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. This was announced by Chantal Zeegers, the Alderman for Climate, Building, and Housing in Rotterdam. The ‘Energietransitiefonds Rotterdam’ is the investment fund of the municipality of…
Ammonia attracts the shipping industry, but researchers warn of its risks
Switching to ammonia as a marine fuel, with the goal of decarbonisation, can instead create entirely new problems. This is shown in a study from Chalmers University of Technology in Sweden, where researchers carried out life cycle analyses for batteries and for three electrofuels including ammonia. Eutrophication and acidification are some of the environmental problems…
NatPower brings industry experts together to cut maritime emissions
Ship operators, ports and cargo owners around the world can now revolutionise their journey to Net Zero through NatPower and its groundbreaking clean Energy-as-a-Service model. NatPower is a trailblazing independent clean energy enabler with a mission to cut emissions drastically across the global maritime sector. Their aim is to remove a critical bottleneck – the…
