Tag: Reducing
MOL and Petrobras signed a CTV Time Charter Contract and MoU to Start Negotiations on Newbuilding CTV- Reducing CO2 Emissions and Costs Offloading Crude Oil from Sub-bed Oil Fields
Mitsui O.S.K. Lines, Ltd. announced that its wholly owned subsidiary, SeaLoading Holding AS, which owns and operates cargo transfer vessels (CTVs) , has signed a charter contract for the CTV SeaLoader 2 with Petroleo Brasileiro S.A. (Petrobras), a Brazilian state-owned oil company. The two companies have also decided to enter into negotiations for a new…
The Case for Green Methanol in Reducing Shipping Emissions: Does it Merit Further Adoption?
Green methanol has emerged as one of the leading solutions for reducing shipping emissions. However, despite its apparent benefits in reducing SOX and NOX emissions, it’s still not carbon-free, while costs are still very high. In its latest weekly report, shipbroker Gibson said that “green methanol is often touted as one of the leading alternative…
Gasum’s green shipping on demand makes reducing emissions for shipping companies profitable
Gasum’s green shipping on demand is a unique service that enables shipping companies to purchase renewable biogas for fuel according to demand from their own customers. It is a way to make emission reductions profitable. This is especially important as the FuelEU Maritime initiative and the EU Emission Trading System means the whole maritime sector…
Wärtsilä Decarbonisation Modelling agreement supports Raízen’s commitment to reducing marine sector’s GHG emissions
Technology group Wärtsilä has signed a strategic partnership agreement for Decarbonisation Modelling with Raízen, a major Brazilian energy company. The agreement focuses on both newbuilding and existing operation upgrade plans. Its aim is to build and implement a fleet-wide decarbonisation plan with a particular interest in the future marine introduction of ethanol as a marine…
Actionable data is key to reducing shipping’s carbon footprint
Maritime’s voyage to decarbonisation is underway, with shipping companies exploring technologies that harness wind, waves and even air bubbles to ensure their ships burn less fuel. Improved vessel design is making ships more efficient and safer for seafarers, and alternative fuels are being explored to help reduce the industry’s impact on climate change. However, there…
Voyage Optimization Can Be Crucial in Reducing Shipping Emissions
AI and big data processing can help address one of shipping’s main problems today, i.e. emissions reduction through voyage optimization. In an exclusive interview with Dr Konstantinos Kyriakopoulos, CEO and Co-Founder of DeepSea Technologies, Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), discusses the technology advancements which can help reduce emission today. Voyage optimization is widely regarded as…
