Tag: Transport
Small, autonomous, zero-emission inland vessels – new research project AUTOFLEX supports transport transition
To achieve climate neutrality for all EU countries by 2050 and, thereby, realizing the ambitious European Green Deal, gains in energy efficiency in all sectors are just as important as the increased use of renewable energies. In transportation, this means elevating the share of vehicles with drive systems powered by electricity and sustainable alternative fuels…
Shipping CEOs join forces to accelerate the decarbonization of the global maritime transport
The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO), the global regulator, to create the regulatory conditions to accelerate the transition to green fuels. Global temperatures are breaching critical levels,…
Mitsubishi Shipbuilding Holds Christening and Handover Ceremony in Shimonoseki for Demonstration Test Ship for Liquefied CO2 Transport
Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a christening and handover ceremony for a demonstration test ship to transport liquefied carbon dioxide (LCO2). The ship will be used for the “CCUS R&D and Demonstration Related Project / Large-scale CCUS Demonstration in Tomakomai / Demonstration Project on…
Korean Shipbuilding Industry Achieves Successive Orders for LNG, Ammonia Transport Vessels
The domestic shipbuilding industry, which secured the top position in global orders last month, continues to receive new orders this month. HD Korea Shipbuilding & Offshore announced on Nov. 14 that its subsidiary, HD Hyundai Heavy Industries, has recently signed a construction contract worth a total of 698.1 billion won (US$531.68 million) with a shipping…
MOL and Cosmo Oil Sign MoU to Study Ocean Transport for Development of CCS Value Chain
Mitsui O.S.K. Lines, Ltd. and Cosmo Oil Co., Ltd. Friday announced the signing of a memorandum of understanding (MoU) on the study of ocean transport, with the goal of establishing a carbon dioxide capture and storage* (CCS) value chain. CCS is regarded as one of the most effective solutions to realize a low-carbon/decarbonized society. MOL…
UK policy and early movers can play a significant role in unleashing finance to decarbonise the UK freight transport sector
The end of project report released today by the Decarbonising UK Freight Transport (DUKFT) Network, suggest several ways to overcome the chicken-and-egg problems associated with decarbonising road, rail and maritime freight transport. Collectively these sectors represent nearly 7% of UK CO2 emissions and continue to rise fuelled by e-commerce demand and cheap transportation costs. Operating…
Inditex partners with Maersk to reduce its maritime transport emissions
Inditex, parent company of fashion brands such as Zara and Massimo Dutti, has partnered with the freight group Maersk to reduce its global greenhouse gas (GHG) footprint from seaborne logistics by incorporating alternative fuels in all its inbound routes with the carrier. Through the ECO Delivery Ocean programme, Maersk replaces fossil fuels on its ships…
Höegh LNG and Aker BP Form Strategic Partnership for Carbon Transport and Storage Solutions
Höegh LNG and Aker BP have entered a strategic partnership to develop a fully comprehensive carbon transport and storage offering for industrial CO2 emitters in Northern Europe. The agreement combines the companies’ respective strengths, expertise, and technologies to establish a strong value chain for CCS on the Norwegian Continental Shelf that includes gathering, transporting and…
MOL to Study Liquefied CO2 Transport by Vessel in JOGMEC Call for Advanced CCS Projects
Mitsui O.S.K. Lines, Ltd. announced that it will be contracted to study liquefied CO2 transport by vessel in a carbon dioxide capture and storage (CCS) project off the northern to western coast of Kyushu (see chart below) in a project implemented by ENEOS Corporation (ENEOS; President: Takeshi Saito; Headquarters: Chiyoda-ku, Tokyo), Electric Power Development Co.,…